Search results for "traditional banks "

Finding the Sweet Spot Between Fintech and Government  

Can u imagine a world where finance is at your fingertips? The question that comes to my mind directly is, how would game-changing apps and platforms revolutionize transactions, deliver personalized recommendations, and empower seamless accessibility? The rise of fintech has brought us closer to this reality, revolutionizing the way we manage our money. However, amidst […]

The iPhone 15’s Bold Leap

The impact of eSIM-only on mobile operators — risks, opportunities and disintermediation dilemmas Following the launch of the iPhone 14 as eSIM-only in the US, Apple continues to embrace eSIM technology. Recent reports indicate that the iPhone 15 will also be eSIM-only, this time in Europe. This move will further reinforce the company’s commitment to leading the charge in consumer eSIM […]

Crypto Firms Will Develop ‘Offshore’ Without Clear Us Rules, Coinbase Chief Says

The U.S. and Britain should make their rules for the crypto industry much clearer to prevent firms from developing in “offshore havens”, the chief of U.S. crypto exchange Coinbase Global Inc, Brian Armstrong, said on Tuesday. The failure last year of the Bahamas-based FTX exchange has highlighted the importance of major economies developing clear crypto […]

The Inevitability of the Fintech Reckoning

The Fintech reckoning was bound to happen. The industry has been growing steadily since the 2008 financial crisis, but the COVID-19 pandemic was the leading enabler of forced integration into a fragile economic situation. The quicker they climb, the harder they fall. Financial technology (Fintech) has been a growing industry since the late 1960s, even […]

Yellen Says US Bank Rules May Be Too Loose, Need to Be Re-Examined

U.S. Treasury Secretary Janet Yellen said on Thursday that banking regulation and supervisory rules need to be re-examined in the wake of the Silicon Valley Bank and Signature Bank failures to ensure current banking system risks are addressed. In remarks prepared for delivery to the National Association for Business Economics, Yellen also called for stronger […]

Quantum Computing in Banking: Is any of It a Good Idea?

As we speak, our traditional trust-based banking system is crumbling down like a house of cards. Most experts hope that blockchain-based finance, or in other words, no-trust finance, will salvage the economy. Now, more than ever before, people are careful where they invest their money. But with the threat of malicious quantum computing use cases, […]