Bank of Canada and MIT kick off central bank digital currency research project
The one-year initiative will form part of the central bank’s research into digital currencies and fintech.
MIT
Boston Fed collaborates with MIT on digital currency
The partnership will perform technical research related to a central bank digital currency (CBDC).
Bankmed (Suisse) SA chooses MIT’s trade finance platform
“Releasing 5G is another important milestone for MIT.”
MUFG rolls out MIT’s TRAC collateral management system
Will support bank’s commodity trade finance team in London.
MIT warns of ransomware in the cloud and weaponised AI
How secure will the cloud be in the coming 12 months?
IBM and MIT team up for AI research
IBM will make a ten-year, $240 million investment to create the MIT–IBM Watson AI Lab as the duo seek to unlock the potential of artificial intelligence (AI). The collaboration with Massachusetts Institute of Technology (MIT) aims to advance AI hardware, software and algorithms related to deep learning and other areas, increase AI’s impact on industries, […]
MIT’s trade finance platform debuts in Luxembourg
Bank GPB International, a member of the Gazprombank group, has selected MIT’s (Micro-Informatique & Technologies) trade finance platform to support its business from Luxembourg. The MIT platform chosen by the bank comprises Credoc, the Swiss firm’s flagship back-end trade finance solution, and TRAC, its middle/front collateral management system, which provide support for transactional commodity finance […]
MIT on TRAC with OCBC Bank for trade finance
Swiss vendor MIT (Micro-Informatique & Technologies) has signed a contract with OCBC Bank to support its commodity trade finance business with its TRAC (Trade Risk Active Control) system. Maggie Cheong, head of transaction and collateral management, global commodities finance at OCBC, explains the bank’s choice: “We have chosen the TRAC system as it provides the […]
Bitcoin needs infrastructure
Besides mounting enthusiasm for Bitcoin and other crypto currencies, momentum is gathering to develop the infrastructure needed to turn what some see as a technology into a universally accepted currency.
