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Fintech News
Cross-Border Payments are Now Being Settled with Blockchain by Central Banks
Many thought this was far from becoming reality, but the central banks of Canada and Singapore have already performed a trial of cross-border payments involving blockchain technology and central bank…
2019 Banking Trends: How AI and Big Data are Transforming the Industry
You might not be aware, but AI is capable of verifying the individual swiping the card. Significant effort has been dedicated to the creation of systems that can detect suspicious…
Blockchain Technology is Increasingly Being Tested by Central Banks
The report “Central Banks and Distributed Ledger Technology” that was published not that long ago, analyzed in detail the interactions between different central banks and blockchain technology. Particularly, the way…
Reasons Open Banking Revolution is Running Late
There is no doubt that open banking is transforming the global financial environment, yet it is not doing it as fast as many projected. At the beginning of 2018, many…
EMIs and modern trends in worlds financial environment
The FinTech industry has been growing rapidly and steadily in the recent years. This is mainly thanks to the number of startups that are constantly entering the market and creating…
All you need to know about big data in banking
The amount of data that is generated in the banking industry is objectively huge. None of the activities could be performed without being backed up by data analytics. Looking at…