US Report: Credit Suisse Aided Rich Clients’ Tax Evasion in Deal Breach
<p class="MsoNormal">A two-year investigation by the US Senate Finance Committee found that embattled Swiss bank Credit Suisse has breached a 2014 plea deal agreed with the US Department of...
View ArticleDigital Identity Solutions for Financial Services
<p class="MsoNormal">When it comes to authenticating the identity of their customers in today's increasingly digital environment, financial services organizations face new obstacles. Traditional...
View ArticleCybersecurity in Fintech: Balancing Innovation and Risk Management
<p class="MsoNormal">The rise of financial technology, or fintech, has altered our access to and management of our finances. Fintech has made financial services more convenient, accessible, and...
View ArticleDigital Payment Options for e-Commerce
<p class="MsoNormal">Because of their convenience and ease of use, digital payment solutions have grown in popularity in the fast-paced world of e-commerce. With the proliferation of mobile...
View ArticleBlockchain-Enabled Smart Contracts: Opportunities for Supply Chain Management
<p class="MsoNormal">The emergence of blockchain-enabled smart contracts has changed the world of supply chain management. These contracts provide various advantages, such as better transparency,...
View ArticleDeutsche Bank Expands Wealth Management Service to South Africa
<p class="MsoNormal">Deutsche Bank International Private Bank (IPB), the unit of Germany-based Deutsche Bank that serves private, wealth and commercial clients, has expanded its wealth management...
View ArticleWealthtech and the Democratization of Investing: Opportunities for Retail...
<p class="MsoNormal">The rise of wealthtech in recent years has created new opportunities for retail investors to access financial markets and spend their money. The use of technology to provide...
View ArticleSingapore, Malaysia Launch Unified QR Code for Cross-Border Payment
<p class="MsoNormal">The central banks of Singapore and Malaysia on Friday launched a unified Quick Response (QR) code to power <a...
View ArticleOpen Banking and Financial Inclusion: Opportunities for Underserved Communities
<p class="MsoNormal">Open banking refers to the concept of allowing third-party developers to obtain financial information and data, such as account balances and transaction histories, via open...
View ArticleBunq Files for US Banking License
European neobank Bunq BV is expanding into the United States with the formal filing for a banking license with the Federal Deposit Insurance Corporation (FDIC) in the state of New York, the company...
View ArticleAI and Machine Learning in Wealth Management: Custom Portfolios and...
In recent years, artificial intelligence (AI) and machine learning (ML) have rapidly evolved and become critical tools for a variety of sectors. The financial industry is no exception, with AI and...
View ArticleReal-time Payments and Their Impact on the Payments Industry
As technology advances and consumer demands change, the payments business is experiencing rapid transformation. The rise of real-time payments has been one of the most important changes in recent...
View ArticleThe Next Frontier of Mobile Payments: Wearables Take Over
With the introduction of mobile wallets and contactless payments in recent years, the world of mobile payments has evolved quickly. Wearables are the next frontier in mobile payments, and they are...
View ArticleFintech and Small Business Lending: Opportunities and Challenges for SMEs
Small and medium-sized businesses (SMEs) are critical drivers of economic growth and employment creation. Access to finance, however, remains a significant challenge for many SMEs, especially in...
View ArticleBob Lee, Cash App Founder, Dead after Stabbing Attack in San Francisco
Bob Lee, the 43-year-old Founder of Cash App, has died after he was stabbed on Tuesday morning in San Francisco, CNN reports. Until his death, the tech executive was the pioneer Chief Product Officer...
View ArticleThe Fall of Credit Suisse Gives Wings to PSD2
The most famous phrase of the film Mary Poppins, was when the fictional character, Michael Banks, demanded his money back from the bank, which led to a full-scale bank run. A similar situation is now...
View ArticleBNP Paribas Taps Worldline to Fight IBAN Fraud in SEPA Direct Debits
French banking group, BNP Paribas, has extended its partnership with Worldline, tapping the French payments services provider’s open banking-based account validation technology to reduce International...
View ArticleAI and Personalization in Insurance: Customizing Policies and Customer...
Historically, the insurance business has been slow to adopt new technologies and embrace innovation. However, as artificial intelligence (AI) and machine learning become more prevalent, insurers are...
View ArticleThe Future of Wealthtech: Where Traditional Finance meets Fintech Innovations
With the advent of technology, the world of finance is quickly changing, and the rise of fintech has created many new opportunities for investors and wealth managers. Wealthtech, or the use of...
View ArticleThe Role of Open Banking in SME Lending: Benefits, Risks, and Challenges
Small and medium-sized businesses (SMEs) are critical to the global economy, accounting for a large portion of job creation and economic growth. Access to financing, however, continues to be a major...
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