The Commodity Futures Trading Commission (CFTC) has recommended the expansion of the use of non-cash collateral through the use of distributed ledger technology (DLT) by its Global Markets Advisory Committee (GMAC).
Research from Avaloq, a banking and wealth management platform, indicates that UK wealth managers see AI as the future, but do not yet trust the technology.
Caixabank has outlined plans to spend more than $5 billion on technology over the coming three years to boost digital sales and launch new products and services.
ING has rolled out a new digtial tool that helps businesses in The Netherlands more accurately assess the creditworthiness of their customers and suppliers.
Brazilin digital banking giant Nubank is working with the new British government on plans to move its legal domicile to the UK, according to Bloomberg.