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Tag: banking sector

Smart Contracts in Banking: Enhancing Efficiency and Security in Financial Transactions

The adoption of smart contracts in the banking sector is revolutionizing traditional financial processes, bringing about unparalleled efficiency and security. As blockchain technology gains prominence, smart...

Finnish Neobank Saldo Launches Operations in Sweden

Saldo Bank, a Finnish neobank with operations centered in Lithuania and supervised by the Bank of Lithuania, has expanded its services to Sweden. With a strategic...

India’s Financial Services Renaissance: Innovation and Inclusion expanding the Digital Perimeter

The Indian banking sector, once synonymous with barters, brick-and-mortar ubiquitousness, and bureaucratic nonchalance, is currently undergoing a momentous transformation. This metamorphosis is catalyzed by...

What Drives 53% of Singaporeans Away from Digital-Only Banking? – Fintech Singapore

A plethora of technological advancements and geopolitical events repeatedly upend the banking industry. 2023 was no exception, marked by highly publicised bank failures, rising...

Hong Kong Monetary Authority Sets Regulatory Standards for Tokenized Products

The Hong Kong Monetary Authority (HKMA) has released a circular outlining regulatory standards for institutions selling and distributing tokenized products, aiming to promote innovation,...

Remaining Relevant: Move Now to Tap Into These Top 10 Mega Banking Trends

From evolving lending practices to new competition, and changing fraud risks and compliance needs, banks are constantly adapting to a shifting landscape. Below are...

Tokenized Assets in Banking: Transforming Traditional Investment Models

Tokenization involves the conversion of physical or financial assets into digital tokens on a blockchain. In the context of banking, this means representing assets such as...

Payment-Linked Loyalty Programs: Building Customer Retention Strategies

The quest for customer retention has taken a new trajectory with the emergence of payment-linked loyalty programs. These innovative initiatives transcend traditional loyalty incentives, seamlessly intertwining with...

IFC Invests US$23.8M in Thai Credit Bank to Support Women-Led MSMEs – Fintech Singapore

by Fintech News Singapore February 15, 2024 The International Finance Corporation (IFC) has made a substantial equity investment of up to US$23.8 million (THB 844 million)...

Crypto Analyst Predicts Bitcoin Price Will Reach $200K-$600K Range by 2026, Benefitting from Trillions in Stimulus

Tuur Demeester, a popular cryptocurrency analyst and early Bitcoin evangelist, has forecasted that Bitcoin’s value will soar to between $200,000 and $600,000 by 2026,...

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