The British Financial Stability Board has recently issued a report, arguing that the rapid development of tech and its integration into the financial sector might have a disrupting influence on…

Recently, the Society for Worldwide Interbank Financial Telecommunication (SWIFT) has made an announcement about the initiation of its Global Payment Initiative (GPI) service. The main aim of the latter is…

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…

PayPal has long been avoiding Bitcoin acceptance and did not consider it as potentially useful for its payments platform. However, it has recently published news about the launch of an…

Banking is a practice that remained unchanged for decades since its establishment. Despite the fact that its core continues to be the same, the global spread of innovation has changed…