In the era of digitalization, banking institutions are having trouble distinguishing among the various opportunities and priorities. The popularization of mobile and IoT payments signifies a need for banks to…
Numerous banks around the world have been closing their branches in low-income areas. In the US, this trend was followed even such giants as J.P. Morgan, Wells Fargo and Bank…
Recently, Lance Ng has published an article on Medium talking about Facebook’s plans to become the world’s central bank. The issue mainly relates to the New York Times publication that…
Digitalization continues to increasingly conquer the financial sector and is gladly welcomed by bank customers, especially the younger generations. For instance, Generation Z only knows how to function in a…
As it is assumed within the open banking framework, traditional banks are projected to initiate a new wave of fintech innovation by authorizing different external parties to connect securely with…
As recently announced, the global banking payments network SWIFT is entering the phase of testing its GPI payments standard through R3’s Corda platform. The CEO of SWIFT, Gottfried Leibbrandt, has…