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Tag: banking industry

World Economic Forum Says 98% of Central Banks Are Preparing To Launch CBDCs As Finance Enters ‘Next Phase’ – The Daily Hodl

More than 98% of the world’s central banks are “researching, experimenting, piloting or deploying” central bank digital currencies (CBDCs), according to the World Economic...

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Schumer Advocates For Cryptocurrency – CryptoInfoNet

Senate Majority Leader Chuck Schumer (D-NY) surprised and pleased longtime critics of his frequent role as Wall Street’s man in Washington by stepping up...

‘A Masterpiece’ – Tether CEO Hints at New Fully Non-Custodial Tokenization Platform From Top Stablecoin Issuer – The Daily Hodl

Tether (USDT) will soon roll out a fully non-custodial tokenization platform to the public, according to Paolo Ardoino, the stablecoin issuer’s chief executive. Ardoino calls...

How to Use Generative AI to Revolutionize Banking Compliance

Contemporary banking is impossible without a compliance function, which ensures that financial institutions operate smoothly in complex regulatory environments with multiple laws, rules, and...

German Bank LBBW Set to Offer Crypto Custody Services in H2 2024

Landesbank Baden-Württemberg (LBBW) is a prominent financial institution based in Stuttgart, Germany. It is one of the largest banks in the country and serves...

US Funds Ukrainian eSports Program to Combat Misinformation

The State Department posted a grant opportunity to train Ukrainian video game competitors to counteract misinformation from abroad. Recipients of grants are required to take...

Three technologies banks will invest more in this year

The financial services industry operates in an increasingly dynamic landscape, where digital advancements play a pivotal role in shaping the sector’s future. While technology...

Are Banks Ready for The Big Shift? – Fintech Singapore

The transformation, or more accurately the evolution, of the banking industry is presently underway on multiple fronts, with the sluggish migration of incumbents from...

Nick Wilde Steps Down as Thought Machine’s APAC Managing Director – Fintech Singapore

by Fintech News Singapore April 2, 2024 Nick Wilde, the Managing Director of APAC for Thought Machine, has announced his departure from the company to return...

The rise of AI in banking: Opportunities and challenges

Banking’s evolution: AI unleashes opportunities, confronts pressing challenges In the ever-evolving landscape of the banking industry, artificial intelligence (AI) has emerged as a transformative force, reshaping traditional practices...

Data Storytelling with Visualization Tools

According to Gartner Peer Insights Reviews and Ratings, Microsoft (Power BI), Tableau, and Qlik are frequently the industry leaders in analytics and business intelligence...

Banking on digital: AI’s impact on the future of financial services

Today, around 46 million UK adults (86% of the country’s adult population) use a form of online or remote banking. As branches and physical...

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