Mainframes still power 80% of bank card transactions and 95% of ATM transactions. Here's why modernization isn't ...
Hardwood, the project Gunnar Morling kick-started handling of Parquet files in Java, reached version 1. Its multi-threaded approach and zero mandatory external dependencies promise a simpler, more ...
Project Valhalla’s value classes are heading to JDK 28, a 197,000-line change that rewrites how Java handles object identity. Oracle software engineer Lois Foltan has confirmed that Java Enhancement ...
Major U.S. banks, including JPMorgan, Citi and Bank of America, plan to establish a shared tokenized deposit network by mid-2027, operated by the Clearing House, according to the Wall Street Journal.
Three forces – spreads, speed and optimization – are reshaping how banks think about liquidity, and together they mark a shift from passive defense to active balance sheet management. Regulators are ...
Indonesia is counting on waste-to-energy plants to tackle its waste crisis, but experts say it’s no substitute for reducing ...
Kevin Warsh has made his first two hires after his swearing-in as Federal Reserve chair last month, according to a person familiar with the matter. The two men, Paul Winfree and Daniel Heil, are ...
Federal Reserve Chairman Kevin Warsh has tapped two outside associates to advise him while he settles into the job, one of whom previously helped write a conservative blueprint that recommended a ...
WASHINGTON, May 29, 2026—The World Bank Board of Executive Directors has approved a social protection project for Ukraine that will provide assistance to more than one million people. Specifically, ...
For decades, the financial industry has operated under the assumption that the core banking system is the sun around which all other technologies must orbit. This core-centric model was functional in ...
WASHINGTON, April 15 (Reuters) - U.S. President Donald Trump acknowledged the risks artificial intelligence posed to the banking system ‌and said there should be government safeguards, but also ...