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"Programmable Money" is founded on the principle that its issuer can prescribe its usage, transferees, daily spending limits, and even a termination date. One can put any number of condition...
Across the globe, each household does financial transactions almost daily. It's part and parcel of every family's life. Though a large population is still unbanked, many families have used banking ser...
If you haven't yet stopped to notice that the payment industry is at the onset of a remarkable change - then this is just about time. If the hundreds of on-going experimental projects in various centr...
The banking industry is characterized by constant change, and adapting is crucial for capitalizing on opportunities and minimizing risks. The increasing demand for real-time information is causing a c...
Introduction: The financial industry has been significantly transformed by the Regtech, which has brought about substantial changes to compliance procedures, risk administration, and regulatory disclo...
On December 13, 2023, SEC adopted the final rules for enhancing the risk management practices for central clearing in the US treasury market and facilitate additional clearing of US treasury securitie...
In the contemporary digital landscape, Open Banking represents a paradigm shift in managing financial transactions. It helps create an environment where financial institutions can securely share the d...
A Digital Mortgage uses technology to connect with borrowers at every stage of the lending process, irrespective of where they are. This type of mortgage reduces costs, eliminates the manual process, ...
ESG Full Form : ESG stands for Environmental, Social, and Governance. ESG criteria are now becoming essential considerations in banking and financial sector. Though ESG started as a socially conscious...
Artificial Intelligence and the importance of data AI is all about understanding the data. AI tries to decipher various patterns inside the data and the relationship between different entities, and ...
Though the last couple of years, including the pandemic, have forced banks to 'embark upon a digital transformation journey,' we still find many gaps here. During the pandemic, banks realized their se...
Typically, a birthday is the anniversary to remember and rejoice special moments of love, affection, loyalty and many hues of emotions overflowing in one’s life. The previous week marked the first ann...