Mastercard launches testing environment for Central Banks and digital currencies
Mastercard has announced a proprietary virtual testing environment for central banks to evaluate Central Bank Digital Currencies (CBDCs) use cases.
How banks can work with Bitcoin’s original design
It’s time for banks begin embracing new business opportunities being created by the original design living now as Bitcoin SV (BSV).
Blockchain-based platform for bank guarantees set for commercial launch
ANZ, CBA, Westpac, IBM and Centre Group’s successful Blockchain platform, Lygon, reduces the time to issue bank guarantees from up to one month to one day.
Smartphone payments soar as digital wallets gain traction
Figures from banks show the use of digital wallets – smartphone payments or wearable devices that can make payments – is soaring.
Are bank branches becoming a thing of the past?
A survey by JD Power showed that 27% of respondents indicated in the survey that they would use bank branches less often.
MyState launches digital money management tool
MyState Bank has introduced AI-driven digital money management tool that is built into customers’ everyday transaction and savings accounts.
How the pandemic pushed forward the development of digital payments
The pandemic has accelerated the worldwide transition to digital payments while serving as a catalyst for the modernization of the financial industry.
Which Fintech sectors will gain from COVID-19?
CB Insights looks at the effects of COVID-19 on five fintech sectors: payments, insurance, banking and lending, wealth and capital markets, and real estate.