Standard Chartered says the next three years are ‘critical’ to create a market for tokenised trade finance assets
As the Mica regulation brings stricter rules for stablecoins, the industry is cautious about their impact
Despite scant detail, Labour appears ‘more committed’ to a CBDC than other parties
Liz Lumley explains the hype behind tokenisation, what it really is, and how it stands to benefit financial services
Added friction, manual processes and better education is being used to combat the rise of digital clones from fraudsters
Proponents claim it will lead to faster transaction settlement, operational cost savings, enhanced transparency and ‘democratisation’ of access
While Nationwide’s acquisition progresses, the Redi virtual assistant hits its first birthday
Partnership aims to improve cash visibility, forecasting and real-time decision making for CFOs and treasurers
The project builds on the unified ledger concept proposed by the BIS
Results indicate significant potential for faster cross-border payments
The bank’s head of e-trading talks trading strategies and AI
Work towards quantum safe is spreading worldwide, but will it be enough to meet the predicted 2030 deadline?
The use of generative AI in how companies share information with investors and other stakeholders creates new risks, which banks should not ignore
HSBC has around 1000 applications for artificial intelligence, but it is still “early days” for generative AI.
Central bank distributed ledger technology moves a step closer with major trials.
The global bank plans to share its quantum security systems with the industry.
Chatbots, large language models and copilots augmenting jobs: how will AI upend financial services and how fast will it happen?
Mastercard’s tested solution would enable CBDCs to be tokenised onto different blockchains, offering consumers a new option to participate in commerce.
Banks’ main concern is that households will prefer risk-free central bank digital currencies over deposits. How CBDCs are implemented will be key to preserving financial stability.
As AI permeates almost every aspect of society, financial institutions and other firms need to revisit their code of ethics to ensure that they are ethically and sustainably using the technology, experts warn.