Through the use of blockchain technology, Citigroup anticipates reducing cross-border timelines from days to instantaneous. Citigroup Inc (NYSE: C) announced the creation and piloting of …
Citigroup Announces Piloting of Citi Token Services to Enhance Cross-Border Payments Read More »
Financial services and banking giant Citigroup is reportedly launching a unique private blockchain for its clients. According to a new Bloomberg report, Citigroup has unveiled Citi …
The largest banks in the US are reportedly taking big hits to their bottom line as borrowers default on billions of dollars worth of loans. …
Fitting somewhere in the middle of the debate between central bank digital currencies (CBDCs) and private stablecoins, the Federal Reserve Bank of New York’s New …
Big Banks, NY Fed’s Innovation Group See Merit in Digital Ledgers for Global Payments Read More »
The four largest banks in the US now have a total of $205 billion in unrealized losses on their balance sheets, according to a new …
XRP is printing a stagnant price performance as a major bank reportedly reevaluates its partnership with a company Ripple purchased earlier this year for $250 …
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The performance of IBM in the past quarter has stirred the hearts of investors which has pushed its shares up 2.19% in the pre-market trading …
IBM Posts Impressive Q1 2023 Performance, Shares Jump 2% Read More »
Citi believes that the tokenization of financial and real-world assets on the blockchain platform would be a “killer use case” and could reach up to …
Citi Believes CBDCs and Tokenization Will Drive Mass Adoption of Crypto Read More »
Leading bank Goldman Sachs has deployed ChatGPT-like AI products for developers to experiment with code development. Goldman Sachs (NYSE: GS) is reportedly using in-house artificial intelligence …
Goldman Sachs Reportedly Testing AI despite Recent Pushback in Banking Sector Read More »
