Fintech

Progress and trials continue, but adoption is slow, purpose unclear.

Although financial restructuring has been developed as a stand-alone practice within international firms, especially during countercyclical economic periods, restructuring the digital-asset space is revolutionary and new. 

Ripple Labs hopes to facilitate real-time crypto-enabled payments in 35 African countries.

Bank of Georgia CEO Archil Gachechiladze explains how creating a digital-first experience that puts customers at the heart of its innovation initiatives is strengthening BOG.

Global Finance announces the second-round of winners of our World’s Best Digital Banks Awards.

Naveed Anwar, Citi’s global head of Digital, Treasury and Trade Solutions (TTS), explains how data is helping the bank enhance the treasury tool bag.

Dynamism in the payments arena is driving change at banks and drawing new players into the field, expanding innovation and opportunity.

Citi, HSBC, Mastercard and Wells Fargo are among financial companies collaborating with the New York Fed’s Innovation Center in a proof-of-concept pilot using digital dollar tokens.

The collapse of cryptocurrency exchange FTX has shaken the entire sector.

Analysts say the move by America’s oldest bank is further acknowledgment of the role of cryptocurrencies in global financial markets.

Unlike traditional brick-and-mortar retail banking locations, the digital bank units will enable 24/7 cash deposits and withdrawals.

Hanna Halaburda, associate professor in the Technology, Operations and Statistics department at the NYU Stern School of Business and former senior economist at the Bank of Canada, shares her thoughts regarding the risks and benefits of central bank digital currencies (CBDCs).

The growth of open banking continues to be limited by banks' aversion to risk and security concerns.

Powered by high valuations and mainstream adoption of blockchain, dealmaking in the crypto industry is moving rapidly, opening an uncharted lane for traditional corporate finance.

PayTo is expected to become a digital alternative to periodic payments and other similar arrangements.

The GCC remains a small player in global fintech, but institutional support and capital availability encourage growth.

As pandemic response continues to reshape human behaviors and attitudes, banks are strengthening in-house innovation teams and tapping broader networks to stimulate fresh ideation in financial services.

Nomura has had a history in the digital asset market, namely through its stake in Konimanu, a digital asset custody joint venture it created with digital asset security firm Ledger and digital asset investment house CoinShares in 2018.

UST’s collapse will accelerate regulatory actions toward stablecoins demanded by Jeremy Allaire, co-founder, chairman and CEO of Circle, which pioneered USD Coin, and others in the cryptocurrency community.

Britain's tax authority became the first law enforcement agency in the country to seize nonfungible tokens (NFTs).