Founded as a jointly-owned company by Citicorp and Bank of Tokyo-Mitsubishi,
Interbank quickly grew alongside the Internet and gained worldwide notoriety
in the wake of the Japanese financial collapse in 2000 when it bought a third
of the bankrupt banks in Tokyo and Osaka. When the US government finalized its official key-escrow
national encryption system (named Firewire), Interbank was among the first to adopt
and promote the standard despite widespread opposition from various sectors of society.
The US government repaid Interbank's loyalty with generous subsidies and federal contracts
for financial services, quietly slowing down Interbank's opposition with anti-trust suits,
and finally by awarding the prestigious Registry contracts. Interbank grew fat and
aggressive during those years, until it broke free of, and then swallowed, its astonished
parent companies. With its ingenious branch-less distributed-node network structure, Interbank
developed into the largest and most secure bank in the world. Channeling vast amounts of
money into the Asian and American stockmarkets in the post-war boom, Interbank harnessed the
majority of online commerce. Key mathematical-financial models were developed at Interbank
laboratories, including complex algorithms to 'divert' capital flows to certain regions - a
breakthrough that was later credited with having immensely bolstered the Pacifica Confederation.
Today Interbank still dominates, but its position is being
attacked by jealous governments who have lost monetary control of their economies to leviathans
such as these.