In the last few years, digital banking has become increasingly popular due to the convenience it offers consumers. It allows you to access your financial information and perform various transactions anytime, anywhere, saving you the hassle of visiting a branch and waiting in long queues. Digital Banking’s Various Uses Digital banking refers to the use […]
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The world has seen technology infiltrate almost every sector the world has known, and the financial industry is no different. Traditional banking was getting the job done, and it almost felt like this was how things would be forever. Yet, innovation strikes, and the world is introduced to eclectic solutions to problems consumers never considered, […]
One of the world’s most widespread problems lies within the boundaries of one of the UN’s Sustainable Development Goals (SDGs) to reduce inequalities, namely SDG 10. Financial exclusion’s transformation to become a goal birthed new equalities of opportunities and availabilities to access financial services, or as more commonly known, financial inclusion. The endless opportunities brought […]
One of the top five blockchain projects in the telecom sector is Telcoin (TEL). Launched in 2017, Telcoin is an Ethereum-based token developed to bring instant international transactions to all mobile users. This peer-to-peer payment system leverages blockchain technology and mobile money infrastructure to enable users to send money instantly anywhere in the world. It […]
Wall Street ended lower on Tuesday, with the S&P 500 extending its losing streak to four sessions, as skittish investors fretted over Federal Reserve rate hikes and further talk of a looming recession. Meta Platforms Inc dragged down markets, with its shares sliding 6.8 percent following reports that European Union regulators have ruled the company […]
What did you miss following Expo 2020 in Dubai? Exhibitions inspired by history’s greatest cultures, showing everything from rare stones and tapestries to artworks and historical relics, national delicacies and spices, cultural performances, and more, blended with each country’s vision of its own future. The meeting of past and future highlights the wonder of change […]
The crypto market has had a disastrous first half of 2022. Bitcoin and ethereum have dropped by more than half since their all-time highs in late 2021. While there have been some tiny gains in recent weeks, the cryptocurrency market as a whole remains relatively stagnant. While no one knows for certain, some analysts believe […]
Released as open-source software in 2009, Bitcoin was the first decentralized cryptocurrency and became the largest by market cap. But the concept of digital asset mining was proposed 27 years before this, in 1983. Today, there exists over 12,000 cryptocurrencies, and some companies accept them as valid payment methods, such as big tech giant, Apple […]
Financial innovations are happening globally, with telecom companies aiming to be critical players and thrive alongside and by utilizing fintech solutions and finding a footing in the fintech space. Experts note that the shift into digital aspects will be permanent. Smartphones currently power financial services and payments, allowing access to revitalized data, embracing technological innovations, […]
Over recent years, many events have led data privacy to become a priority topic to discuss. Data security has become a significant concern in the financial sector, especially with the dynamic client needs. Banks, by nature, manage extremely sensitive customer data at massive volumes. Any data breach can prove fatal to a bank’s reputation and […]