Lorum hits 80% MoM growth for 6 months as 100% reserve global clearing bank
Lorum operates as a 100% reserve clearing institution with direct central bank relationships, replacing correspondent banks that delay payments for overnight interest. Achieved 80…
Citi's Treasury and Trade Services called most valuable business unit
Citi's TTS (Treasury and Trade Services) is the most valuable part of their business and has kept their valuation high because it keeps treasury on-platform, enabling currency hed…
JPM Payments building comprehensive treasury platform
JPMorgan is building a full treasury platform (JPM Payments) that keeps client treasury on-book, offering currency risk management, T-bill access, and wholesale FX liquidity — the…
Barclays Wholesale cited as peer in treasury platform model
Barclays Wholesale is grouped with Citi and JPM as a bank building a treasury platform that retains client funds on-book for FX, hedging, and liquidity services.
Tokenized money market funds (e.g., BlackRock's) allow financial institutions to move in and out of funds 24/7, earning interest on FX liquidity pools without leaving the platform…