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Tag: Financial sector

India’s Financial Services Renaissance: Innovation and Inclusion expanding the Digital Perimeter

The Indian banking sector, once synonymous with barters, brick-and-mortar ubiquitousness, and bureaucratic nonchalance, is currently undergoing a momentous transformation. This metamorphosis is catalyzed by...

Kyoto Network and TXP Launch Pioneering Carbon Credit Rewards Program

TrustXPay (TXP) and Kyoto Network have joined forces to introduce an innovative carbon credit rewards program, marking a significant milestone in sustainable finance. TXP...

Open Finance turns three years in Brazil. Can it become as popular as Pix?

This month, Open Finance turned three years in Brazil, witnessing significant investments from banks and fintechs to innovate products while users gradually embrace its...

The Uphill Battle That Fintechs Face In Reducing The Racial Wealth Gap 

In today’s financial landscape, big banks and traditional players prioritize making money off of cash-strapped communities. They don’t put nearly as much value and...

Regulatory Standards For Tokenized Financial Products Now Established In Hong Kong – CryptoInfoNet

The Hong Kong Monetary Authority (HKMA) unveiled comprehensive regulatory standards on Feb. 20 for the sale and distribution of tokenized financial products by authorized...

Hong Kong issues regulatory standards for tokenized financial products

The Hong Kong Monetary Authority (HKMA) unveiled comprehensive regulatory standards on Feb. 20 for the sale and distribution of tokenized financial products by authorized...

Unbanked and Underbanked: The Unseen Struggle

A substantial portion of the global population faces significant barriers to traditional banking services, leading to financial exclusion. The unbanked, those without any formal banking relationship,...

The Influence of CKYC (Central Know Your Customer) on Motor Bike Insurance! – Supply Chain Game Changer™

Central know your customer, a centralised repository of KYC (Know your customer) records for the financial sector in India, aimed at increasing customer due...

Fintech Poised for Greater Innovation and Consolidation in 2024 – Fintech Singapore

2024 is expected to be a year of innovation for the fintech industry, marked by advancements in artificial intelligence (AI), cross-border and real-time payments,...

Realtime Payments: A Threat to Traditional Cross Border Payments

1. Introduction It is no secret to many scholars and stakeholders in the banking industry that technology is quickly reshaping the sector. Indeed, technological advances...

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