I am Steve Andrews, a fan, observer, and advocate of FinTech transforming the financial services industry. It is an exciting time to be at the intersection of innovation and change. The world is changing, and nothing will be the same....
Continue to ArticleChina’s Crackdown on Crypto
China has recently taken a strong stance against the cryptocurrency industry. The recent crackdown on cryptocurrencies will likely continue to intensify over the coming months and may lead to bans on holding tokens for Chinese citizens. Residents of China have...
Continue to ArticleUNICEF Venture Funds Support Blockchain Innovation
UNICEF is a global social welfare organization that proactively collaborates with public partnerships across the world in an ongoing effort to support children, including ending exploitation and violence. UNICEF Venture Funds is designed to pilot or promote scalable platforms that...
Continue to ArticleArtificial Intelligence Trends Accelerate in Banks
AI is a cutting-edge technology that has been transforming the way we work for decades. The inclusion of AI core technology in financial institutions not only affects the nature of the work processes but also increases competition within the financial...
Continue to ArticleStable Coin Regulations on the Rise
Stable coins have gained popularity recently as both a medium of exchange and stored value. Fiat-backed stable coins or stable coins backed by a basket of liquid assets are proving to be less volatile than cryptocurrencies that lack financial backing...
Continue to ArticleBinance Exchange Woes
The popular third-party crypto exchange platform Binance has had to play a lot of defense lately battling regulators across the globe. Some also speculate Binance’s battles may additionally include internal clashes amongst the senior management team. Binance is a crypto...
Continue to ArticleWill Digital Only Banking Continue to Accelerate?
We are living in an era where digitalization is taking place in every industry sector. With respect to banks, some are rapidly adapting to the digital age, while a few financial institutions are progressing at a slower pace. There are...
Continue to ArticleACH Innovation
The Automatic Clearing House (ACH) is a computerized payment processing network that securely transfers funds between bank accounts using bank routing numbers. The transfers are generally composed of payment batches, often lower value payments, involving both debits and credits. The...
Continue to ArticleEl Salvador and Bitcoin
El Salvador’s president Nayib Bukele recently made history in adopting Bitcoin as a national currency. Bukele took a major step towards legalizing Bitcoin in El Salvador with the new law governing its use effective September 7, 2021. Previously addressing the...
Continue to ArticleThe Value of Regulations For Blockchain and Crypto
The launch of Bitcoin open-source software in 2009 set blockchain and cryptocurrencies on an emerging path to be an integral part of the financial ecosystem. However, to fully incorporate into the mainstream financial system, blockchain and crypto may need to...
Continue to ArticleThe Rise of Mobile Wallets
Mobile wallets, also known as virtual wallets, are on the rise. A mobile wallet is a virtual wallet capable of storing payment information including credit cards, debit cards, airplane tickets, and loyalty cards all on a mobile device such as...
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