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Bank of England and Fed Chair Warn of AI Correction

Bank of England and Fed Chair Warn of AI Correction

Also mentioned concerns over geopolitical tensions as a global risk
BNY Mellon Tests Tokenized Deposits

BNY Mellon Tests Tokenized Deposits

The initiative would enable clients to make blockchain payments with digital funds
UK Finance Launches Industry-wide Pilot for Tokenized Sterling Deposits

UK Finance Launches Industry-wide Pilot for Tokenized Sterling Deposits

Barclays, HSBC, Lloyds, and Santander are among the banks in the pilot
Citi Launches Blockchain-Powered 24/7 Payments

Citi Launches Blockchain-Powered 24/7 Payments

Citi has combined two services for near-instant cross-border payments
Coinbase Applies for National Banking License

Coinbase Applies for National Banking License

The crypto exchange joins the likes of Ripple and Circle, seeking a national trust charter
Gold Hits New High as Investment Demand Strengthens

Gold Hits New High as Investment Demand Strengthens

Spot Gold hit $3,977.19 early this morning
Fifth Third Bank to Acquire Comerica

Fifth Third Bank to Acquire Comerica

Deal will make it one of the top ten banks in the United States
Two-Thirds of US Banks Struggle to Keep Up with Payments Innovation

Two-Thirds of US Banks Struggle to Keep Up with Payments Innovation

Regulatory pressures, legacy systems and budget constraints ranked as the top barriers
Chainlink and Swift Launch ‘Plug-and-Play’ Blockchain Solution for Banks

Chainlink and Swift Launch ‘Plug-and-Play’ Blockchain Solution for Banks

The model enables banks to access blockchain on existing systems
Mortgage Refinancing Down More Than 20% as Interest Rates Rise

Mortgage Refinancing Down More Than 20% as Interest Rates Rise

The low mortgage rates were short-lived
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