The last days of the third quarter are upon us, the waning days of the month, too. And it’s shaping up to be a September to remember for tokenized deposits. Tokenized deposits exist as digital holdings — not to be confused with stablecoins, a form...
Tokenization is gaining momentum on the global stage, and with commercial applications. The Bank for International Settlements announced Wednesday (April 3) that it is working in tandem with seven central banks — including the Federal Reserve Bank of New York — to test tokenization in a bid to improve cross-border payments....
April 03, 2024
Tokenization is gaining momentum on the global stage, and with commercial applications. The Bank for International Settlements announced Wednesday (April 3) that it is working in tandem with seven central banks — including the Federal Reserve Bank of New York — to test tokenization in a bid to improve cross-border payments. In addition, Project Agorá, as the initiative is known, will […]
October 24, 2024
Three days after Santander launched its digital bank in the United States, offering high-yield savings accounts, Executive Chair Ana Botin reportedly said the bank will have a full-service digital bank in the country by the end of 2025. Santander’s digital bank, Openbank, is Europe’s largest digital bank in terms of deposits, Reuters reported Thursday. Santander […]
