Fintech

As open banking expands, consumers and companies stand to enjoy lower fees, greater ability to leverage their financial data: if they can control the risk of stolen or misused data.

FedNow will permit individuals and institutions to make payments around the clock daily, challenging private sector incumbents such as PayPal, Venmo and Square Cash.

Already active, the bank will launch its proprietary Atlas Pay platform in the region, a virtual wallet with built-in services.

The Middle East could prove a profitable oasis.

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.

Asset tokenization has real potential to transform issuance settlement.

Q&A with Saudi National Bank's Omar Yassine.

Q&A With Commercial Bank Of Qatar's Hussain Al-Abdullah.

Q&A with First National Bank's Lucille de Kock.

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).