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Limited Support for Central Bank Digital Currencies in Global Investment Industry Survey

The latest comprehensive survey conducted by the CFA Institute, encompassing over 4,150 respondents from the global investment industry, revealed limited support and a lack of understanding regarding CBDC adoption. LONDON (Reuters) -The most comprehensive survey of the global investment industry on central bank digital currencies to date has shown both limited support and a lack […]

“Banking Is Necessary, Banks Are Not,” Bill Gates

Gaining the favor of clientele who are growing more informed and selective; this is the name of the game. Technology is playing an increasingly pivotal role in reshaping banking customers’ behavior. They now are enjoying more control over their finances, and greater flexibility. This is thanks to an expanded range of personalized tech solutions now available, which […]

Is Generative AI Ready for Banks to Dive In? 

 Prominent big banks at the Money 20/20 fintech conference in Amsterdam are carefully exploring the potential of generative artificial intelligence (AI) technology. Despite recognizing its transformative power, these financial institutions, including the Netherlands’ ABN Amro, exercise caution due to the inherent risks involved. Executives and industry experts gathered in Amsterdam’s conference center to discuss the […]