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Singapore's second-largest bank, OCBC, has launched a blockchain-based customized corporate bond tokenization scheme designed to help corporate clients diversify their financial assets. The scheme allows corporate clients to invest in bonds as low as S $1,000, with customizable bond maturities and interest rates based on demand, and the tokens refer to existing investment-grade bonds.
User reports from BBVA, Spain's second largest bank, show that ChatGPT has significantly increased productivity within the bank, triggering an "explosion of creativity", but they still have questions about ChatGPT's ability to scale and integrate. According to early user reports, productivity has indeed increased across bank departments, with 80% of users saying that ChatGPT Enterprise helps them save more than two hours of work per week. However, ChatGPT Enterprise still has problems in expandi...
Garanti BBVA, the Turkish subsidiary of BBVA, Spain's second largest bank with $700 billion in assets, has started offering crypto custody services. "Garanti BBVA Digital Assets now allows customers to transfer and store BTC, ETH and USDC assets on its mobile platform, Garanti BBVA Crypto," the bank said in a statement. The pilot study of the new service has been a success, says Garanti BBVA Executive Vice-President ŠağrıSüzer. "Garanti BBVA Crypt...
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