JPMorgan is leveraging blockchain technology to let clients program their accounts to automatically move funds in response to certain conditions—such as to cover overdue payments and margin calls.
The 2023 AFP Liquidity Survey found that treasurers are reducing bank deposits and moving investments toward more secure vehicles, reflecting the U.S. economic climate of 2022 and the bank failures of 2023.
Automatic-sweep products that don't pause for weekends or holidays are a response to client demands for higher interest rates on deposits and faster access to their cash.