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).
Commercial electric truck manufacturer Workhorse has cut 20% of its staff and is working to shore up funding to maintain…
The collapse of subprime auto lender Tricolor contributed to $170 million in charge-offs in the third quarter for JPMorgan Chase,…
Stackup, a digital asset management platform designed to help crypto businesses streamline their operations, has secured $4.2 million in seed funding.
Coinbase is targeting India and the Middle East after investing in Mumbai-based crypto exchange CoinDCX at a $2.45 billion post-money valuation.
SoftBank Group is reportedly asking global banks to borrow $5 billion as founder Masayoshi Son pours funding into AI investments.
UK investors should prepare for the possibility of a sharp correction in the value of UK stocks due to falsely inflated valuations for AI companies, according to the Bank of England.
Emirates NBD’s digital banking unit Liv has added cryptocurrency trading to its mobile banking app.
Westpac has trained 800 engineers on the use of generative AI tools to speed up software development.
Spanish banking giant Santander has vowed to hire 3000 IT professionals worldwide this year as it pushes on with its digital transformation plan.
Wholesale used-vehicle values fell year over year in October as the market felt the effects of hurricanes Helene and Milton….
Deutsche Bourse is to accelerate the migration of its workloads to the cloud after closing a deal with Microsoft for its cloud services over Azure and office collaboration tools.
Auto finance industry performance improved in July amid increased auto loan demand, higher securitization issuance and an uptick in new…
Nationwide is to set up a dedicated cyber security training programme for new technology employees in partnership with cyber skills builder Capslock.
The European Central Bank has bemoaned the absence of an EU challenger capable of taking on the might of Big Tech cloud providers from the US.