PYMNTS-MonitorEdge-May-2024

state street

State Street Corporation is an American financial services and bank holding company headquartered at One Lincoln Street in Boston with operations worldwide. It is the second United States bank on the list of oldest banks in continuous operation; its predecessor, Union Bank, was founded in 1792.

Source: statestreet.com

Apollo and State Street Launch Private-Public Credit ETF
Apollo and State Street Launch Private-Public Credit ETF
September 10, 2024  |  Investments

Apollo Global Management and State Street are reportedly launching a private-public credit exchange traded fund. That’s according to a report Tuesday (Sept. 10) by the...

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California Puts Car Titles On-Chain in Push for Blockchain Usability
California Puts Car Titles On-Chain in Push for Blockchain Usability
July 31, 2024  |  Blockchain

Fraud detection and prevention are among the many promises blockchain technology holds. But unlike certain other far-from-realized promises, the security of on-chain digitization is finding...

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Report: State Street Considering Several Blockchain-Based Projects
Report: State Street Considering Several Blockchain-Based Projects
July 17, 2024  |  Blockchain

State Street is reportedly looking at a number of options for settling payments on blockchain. The financial services and banking firm is considering creating its...

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Interbank Pilot From Visa, Goldman and Others Seeks Real-World Blockchain Utility 
Interbank Pilot From Visa, Goldman and Others Seeks Real-World Blockchain Utility 
March 18, 2024  |  Blockchain

For the past 15 years, blockchain has been attempting to transform the global financial system. Or, if you listen to some of the earlier adherents...

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Report: State Street Cuts Jobs in Reorganization of Digital Assets Arm
Report: State Street Cuts Jobs in Reorganization of Digital Assets Arm
January 18, 2024  |  Personnel

State Street Corp. has reportedly cut “a handful” of jobs as it reorganizes its digital assets division, State Street Digital.  Most of the division’s employees have...

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Banks Losing Net Interest Income as Big Deposits Look Elsewhere
Banks Losing Net Interest Income as Big Deposits Look Elsewhere
July 19, 2023  |  Banking

America’s banks are under increasing pressure as their corporate and institutional clients seek greater rates on deposits. It’s a situation that is putting a strain...

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State Street, Copper End Licensing Agreement; Orca Blocks US Traders
State Street, Copper End Licensing Agreement; Orca Blocks US Traders
March 16, 2023  |  Cryptocurrency

Today’s crypto news includes the end of a partnership and reduced access to an exchange. Global custody bank State Street and crypto custody firm Copper...

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PayPal and Mastercard Dissect ‘Cooperation in a Fragmented World’ at Davos
PayPal and Mastercard Dissect ‘Cooperation in a Fragmented World’ at Davos
January 16, 2023  |  Economy

The future of the global economy hinges on the future of money and payments. The largest set of global leaders in the history of the...

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BNY Mellon Leads Big Banks Into Crypto Custody
BNY Mellon Leads Big Banks Into Crypto Custody
October 11, 2022  |  Cryptocurrency

Bank of New York Mellon announced that it is offering cryptocurrency custody services for clients, bringing digital assets into the fold alongside the trillions of...

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