AI Boosts Wholesale Banking Efficiency
The financial industry has faced significant pressure to enhance operational efficiency and adapt to rapidly changing market conditions. Recent advancements in artificial intelligence (AI) are poised to revolutionize wholesale banking, making operations more streamlined and scalable. A prime example of…
Major Banks Collaborate on New Digital Currency Platform
In a significant development within the financial sector, forty of the world’s leading commercial banks have initiated a digital currency pilot program known as the Agora project. This collaboration, which includes the New York Federal Reserve as well as central…