1368 articles tagged with this keyword
News/startups
Startups in Africa's fintech market have secured more than $2.7bn in venture capital (VC) funding in the last two years, according to a recently released report.
30 August 2023
News/devops
Digital payments innovation in different regions of the world is being spurred on by Central Bank Digital Currency (CBDC) adoption, as nations experiment with new payments options that can be more inclusive and dynamic. 130 countries are currently exploring the possibilities with CBDC adoption, which allows for digital money to be supported and used publicly alongside cash whilst supported by the nation’s central bank.
25 August 2023
News/inclusion
The Digital Dollar Project says a pilot carried out with Western Union into the use of CBDCs for cross-border remittances has found a host of potential benefits.
24 August 2023
News/crypto
Slovenia has emerged as the most 'crypto-obsessed' state in Europe, according to recently published research.
21 August 2023
Investment in Canadian fintech companies dropped three-fold in the first half of 2023 as valuations continued to slide to levels not seen since the beginning of the Covid-19 pandemic, driven primarily by macroeconomic concerns, according to KPMG.
18 August 2023
The majority of finance professionals do not support the launch of central banking digital currencies (CBDCs) according to recently published research.
17 August 2023
The Digital Dollar Project has concluded their pilot study into digital currency opportunities alongside Western Union, BDO Unibank in the Philippines, and Accenture.
04 August 2023
News/payments
Brazil's Pix continues its runaway success, with more transactions made using the instant payments platform in the first quarter than credit and debit cards combined.
26 July 2023
The Federal Reserve Bank of New York says that proof-of-concept run with a host of banks has demonstrated the feasibility of a regulated digital asset settlement platform supported by shared ledger technology.
07 July 2023
As Canada works towards the creation of an open banking framework, a new survey suggests that boosting awareness needs to be top of the agenda for a public largely oblivious to the concept.
30 June 2023
The vast majority of consumers (86%) have reservations about the use of artificial intelligence (AI) in the payments process but seem much more welcoming of augmented reality (AR) and virtual reality (VR), suggests recently published research.
27 June 2023
Asset managers and institutional investors are much likely to trade digital assets if there is a recognised custodian involved, suggests recently publish research.
26 June 2023
Global banks are expected to spend $57.1 billion on legacy payments technology in 2028, up from $36.7 billion in 2022, impacting costs and limiting growth, according to research from IDC Financial Insights.
15 June 2023
Australia will phase out cheques by the end of the decade, citing their dwindling popularity in the face of a range of electronic alternatives.
07 June 2023
News/security
The Consumer Financial Protection Bureau (CFPB) has warned users of non-bank payment apps that their accounts are not protected by federal deposit insurance coverage.
02 June 2023
News/regulation
Using payments data, privacy-enhancing technologies, AI and enhanced cooperation for a behavioural-based analysis approach to detecting money laundering networks is more effective than the current rules-based approach, concludes new research from the BIS Innovation Hub.
31 May 2023
A digital euro could be smoothly integrated into the existing European payments landscape while leaving ample scope for innovative features and technologies, testing from the ECB and Italian outfit Nexi has shown.
29 May 2023
Distributed ledger technology can be used for cross-border, cross-currency payments between different CBDC ledgers, reducing settlement risk and cutting settlement time, according to research from the Monetary Authority of Singapore and the Federal Reserve Bank of New York.
22 May 2023
News/markets
A new report from the Global Financial Markets Association (GFMA) claims that distributed ledger technology can have "transformative benefits" for capital markets but that regulators need to take a more innovative approach.
17 May 2023
The UK saw a slight dip in financial fraud losses in 2022, to £1.2 billion, driven by a 17% fall in authorised push payment (APP) losses.
11 May 2023
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