Sberbank Launches Bitcoin-Linked Bond: A Game-Changer for Investors Sberbank, one of the largest and most reputable banks in Russia, has made a groundbreaking move in the world of finance by launching a Bitcoin-linked bond. This innovative financial instrument allows investors to gain exposure to Bitcoin in rubles without actually holding the digital asset themselves. This […]
JPMorgan to allow clients to buy Bitcoin
JPMorgan to Allow Clients to Buy Bitcoin In a surprising turn of events, JPMorgan Chase, one of the largest and most influential financial institutions in the world, has made a groundbreaking decision to allow its clients to buy Bitcoin. This move comes as a significant shift in the traditional banking sector’s stance on cryptocurrencies, especially […]
NatWest hit by 100 million cyber attacks every month
NatWest hit by 100 million cyber attacks every month In today’s digital age, cybercrime is becoming increasingly prevalent, with financial institutions being a prime target for malicious actors. Recently, it was revealed that NatWest, one of the leading banks in the UK, is facing a staggering 100 million cyber attacks every month. This alarming number […]
Palantir and partners promise rapid AI deployment in banking
Palantir and Partners Revolutionize AI Deployment in Banking In the ever-competitive landscape of the banking industry, staying ahead of the curve is essential. With the exponential rise of data and the increasing demand for personalized services, banks are turning to artificial intelligence (AI) to streamline operations, enhance customer experiences, and drive growth. However, the integration […]
US banks allowed to manage crypto on customers’ behalf
US Banks Granted Authority to Manage Crypto on Behalf of Customers In a significant development for the financial industry, US banks have been granted the authority to manage cryptocurrencies on behalf of their customers. This move comes as a result of updated guidance from the Office of the Comptroller of the Currency (OCC), which now […]
Bank of Italy warns about crypto risks and US policy influence
Italian Banks Quietly Entering the Crypto Space Despite Bank of Italy’s Warnings and US Policy Influence The Bank of Italy recently issued a stern warning about the risks associated with cryptocurrencies, highlighting concerns about their volatility and lack of regulation. This caution comes at a time when digital assets are gaining increasing attention from institutional […]
ING eyes Euro stablecoin as MiCA opens door for banks
ING Explores Euro Stablecoin Opportunity as MiCA Regulation Allows Banks to Issue Digital Currencies The world of banking is on the brink of a major transformation as the European Union’s Markets in Crypto-Assets (MiCA) regulation opens up new possibilities for financial institutions. Among the frontrunners in exploring these opportunities is ING, one of the largest […]
Bank appoints head of AI enablement
Bank Appoints Head of AI Enablement to Drive Growth Across 41 Markets Standard Chartered, a leading international bank, has recently made a strategic move by appointing a Head of AI Enablement. This decision comes as part of the bank’s ambitious plans to leverage artificial intelligence tools to drive growth across its operations in 41 markets. […]
Metro Bank teams up with Ask Silver to fight fraud
Metro Bank Teams Up with Ask Silver to Fight Fraud As the digital landscape continues to evolve, so do the tactics of fraudsters looking to exploit unsuspecting individuals and businesses. In a strategic move to combat this rising threat, Metro Bank has recently announced a groundbreaking partnership with Ask Silver, an AI-driven platform renowned for […]
Itaú Unibanco explores real-pegged stablecoin creation
Itaú Unibanco Explores Real-Pegged Stablecoin Creation Itaú Unibanco, one of Brazil’s leading financial institutions, has set its sights on delving into the world of stablecoins by exploring the creation of a real-pegged digital currency. With the rise of blockchain technology and the increasing popularity of cryptocurrencies, Itaú Unibanco’s move towards stablecoin development showcases a strategic […]