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In 2024, digital banks continue to rise, drawing in customers with their innovative services. Leading digital banks such as Chime, Current, and Varo report significant increases in both customer numb...
Open banking, also known as open finance, is transforming the banking industry with financial institutions embracing greater transparency and collaboration, while also driving product innovation. In f...
Discover how to utilize the Lightning Network for quick Bitcoin transactions. This network is suitable for all users, including individuals and businesses, aiming to accelerate Bitcoin transfers that...
As we venture into 2024, the mobile payment landscape continues to evolve at an unprecedented pace, driven by technological advancements and shifting consumer behaviors. This article explores the key ...
Amid continuing economic uncertainties, consumers are taking advantage of a raft of emerging technologies in financial management, investment, and savings. We are rapidly moving towards a cashless soc...
In the world of international trade, securing funding can be a crucial factor in driving business growth. With over 300,000 UK SMEs engaged in global transactions, cash constraints often hinder their ...
As the sands shift beneath our feet, a new tide rises - one driven not by the tectonic forces of tradition, but rather by the relentless currents of technological advancement. We find ourselves swept
In 2023, the Canadian Anti-Fraud Centre reported a staggering $554 million in victim losses related to fraud and cybercrime — nearly 5 per cent more than what was reported in 2022, which in itself was...
In an era where digital transactions are the backbone of the global economy, ensuring the integrity and transparency of information on cross-border payments and card transactions has become critical
EU mandatory regulations for instant credit transfers within the Single Euro Payments Area (SEPA) are right on the money. The key requirement is verification of payee. Today this is absent in the UK,...
The opportunities that a truly global Open Banking ecosystem would create for businesses and consumers are almost limitless. The more interoperable the ecosystem is, the greater the possibilities are ...
Earlier this month, members of the European Parliament (MEPs) voted to adopt a new set of rules that will ensure transferred funds arrive immediately in the bank accounts of retail customers and busi...