Tag "JP Morgan"

Top 10 Banking Trends in 2024 that Will Define the Sector

In 2024, the banking sector is witnessing a pivotal transformation driven by advanced technologies like AI and cloud computing, evolving customer demands, and changing regulatory landscapes. This evolution reflects the dynamic shift seen a quarter century ago with the Digital

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MAS Unveils Five New Industry Pilots Under Project Guardian

The Monetary Authority of Singapore (MAS) has teamed up with the financial industry to expand initiatives related to asset tokenisation. The goal is to enhance the foundational capabilities necessary to scale tokenised markets, ultimately driving institutional adoption of digital assets.

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MAS Proposes Digital Asset Framework, Expands Project Guardian Scope

The Monetary Authority of Singapore (MAS) has published a report proposing a framework for designing open, interoperable networks for digital assets. The report Enabling Open & Interoperable Networks was jointly developed with the Bank for International Settlements’ (BIS) Committee on

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Seven Biggest Fintech Frauds of Recent Years: Who Got Caught?

It’s been a tough year for the fintech and crypto industry, and it has been under fire for various reasons. Among other pressures, perhaps the single most damaging aspect to come out of this year has been widespread suspicious activity

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MAS Completes Its First Digital Asset Live Trades Under Project Guardian

The Monetary Authority of Singapore (MAS) announced that Project Guardian, its project exploring decentralised finance (DeFi) applications in wholesale funding markets, has completed its first live trades. The trades were conducted under Project Guardian’s first industry pilot which saw DBS,

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MAS, R3 and Financial Institutions Experimenting with Blockchain Technology

The Monetary Authority of Singapore (MAS) announced that it is partnering R3, a Blockchain technology company, and a consortium of financial institutions on a proof-of-concept project to conduct inter-bank payments using Blockchain technology. This project could potentially avail a payment

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