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Tag: World Bank

UnionBank’s UBX to Introduce Peso Stablecoin on Polygon | BitPinas

UBX, the digital arm of the Aboitiz Group, plans to develop a peso-based stablecoin on the Polygon PoS platform. Leveraging Polygon’s blockchain technology, the stablecoin...

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Realtime Payments: A Threat to Traditional Cross Border Payments

1. Introduction It is no secret to many scholars and stakeholders in the banking industry that technology is quickly reshaping the sector. Indeed, technological advances...

2024: the year of financial inclusion

Financial inclusion – providing equitable access to financial services for disadvantaged groups – has been a persistent talking point across the banking industry in...

Role of Technology in Circular Economy

Technology emerges as a driving force in shaping the Circular Economy in this evolving dance between progress and environmental stewardship. Going beyond models of production...

Cryptocurrency Lender Nexo Takes $3 Billion Arbitration Claim Against Bulgaria

Cryptocurrency lender Nexo is seeking $3 billion in damages through arbitration against Bulgaria, alleging wrongful investigations and subsequent charges were politically...

CBDCs, Green Finance Among BIS Innovation Hub Projects Announced for 2024 – Fintech Singapore

The Bank for International Settlements (BIS) has recently announced a new series of projects for its 2024 Innovation Hub programme. This initiative includes various...

Biometric in banking

Recent years have witnessed a significant increase in the level of banking inclusion. In 2022, around 70% of the population had access to a bank...

MobilePhysics Unveils the First-ever Real-time Environment Monitoring Toolkit for Smartphones at CES

Leveraging a strategic partnership with Qualcomm and STMicroelectronics, and backed by top scientists including eminent Nobel Prize winner Prof. Roger Kornberg among additional top...

What is Financial Inclusion

Financial inclusion is providing access to financial services on an equitable and universal basis. Financial inclusion comprises a sequence of processes by which individuals...

AI Ernie Bot from Baidu Reaches 100 Million Users in China – Decrypt

Ernie Bot, the AI chatbot from China's largest internet company Baidu, has drawn over 100 million users since its public launch in August, announced...

Can Crypto Address The Issue Of Income Inequality Globally?

Binance conducted a survey recently on the use of crypto. 76% of the participants believed that crypto can address income inequality globally. ...

UAE to Chair World Bank’s Cloud Computing Working Group

The World Bank has appointed the United Arab Emirates (UAE) as chair of its Cloud Computing Working Group.A statement by the government of Dubai...

What is ESG in Banking

ESG Full Form : ESG stands for Environmental, Social, and Governance. ESG criteria are now becoming essential considerations in banking and financial sector. Though ESG started as...

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