09 Aug 2022
Recently, bills were introduced in the U.S. Senate that would give Commodities Futures Trading Commission (CFTC) oversight of cryptocurrency, which would treat them as digital commodities. Regardless of whether the bill becomes law, however, banks and financial institutions should pay close attention to cryptocurrency, if for no other reason than...
30 Sep 2021
Thanks in large part to the global pandemic, consumers are increasingly turning to mobile apps to manage their finances, payments and transactions. In fact, 58% of mobile consumers report using and downloading more mobile apps and buying more products and services on them since the COVID-19 pandemic started, according to the Appdome 2021 Global M...
02 Jun 2021
National digital currencies have passed from ideas and prototypes into reality. In addition to the Bahamas, China and Sweden, have been running digital currency pilots, and within a few years, we could see dozens of central banks issuing digital currencies. Central bank digital currencies (CBDCs) differ from cryptocurrencies such as Bitcoin as n...