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Tag: Global Banking

Maximizing Capital Efficiency: Collateral Optimization in Basel III Post-Crisis

Introduction: In the aftermath of the 2008 financial crisis, regulators implemented Basel III to fortify the global banking system. Among its many provisions, collateral optimization...

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Admirals’ Sergei Bogatenkov Steps Down as Chairman

The Admirals Group has confirmed the changes in its leadership. Sergei Bogatenkov, the Chairman of the Board of Management, and Andreas Ioannou, a member of the...

China’s De-Dollarization Efforts and the Shifting Dynamics in the Global Banking Industry

In the ever-evolving landscape of global finance, China's strategic moves toward de-dollarization have been sending ripples throughout the banking industry. As we delve into the intricacies of...

How Digital Banks in Asia are Redefining Banking with Unique Business Models – Fintech Singapore

The digital banking landscape in Asia is a vibrant and diverse ecosystem, contrasting significantly with its Western counterparts. In the Asia-Pacific (APAC) region, 11 out...

Evolving Banking Landscape: Asset Shift, Interest Rates, Distribution

Report Insights | Jan 18, 2024 Image by FreepikIn a recent episode of The McKinsey Podcast, senior partners Alex Edlich and Reinhard Hüll, along...

HSBC Challenges Revolut with Zing, Eyes Forex Dominance

Banking giant HSBC has announced the launch of Zing, a new international payments app aimed at competing with fintech leaders like Revolut and Wise. In recent...

McKinsey: Fintech’s Maturing. Growth, Then and Now

December 13, 2023   FinTech and Alternative Finance, Fintech Services, Innovation and Resources, Leadership, Competition, Human Capital, Health, Marketing, Strategy, Growth, Venture Funding...

Swift’s Lightning-Fast Service for Rapid Cross-Border Payments in Europe

The Society for Worldwide Interbank Financial Telecommunication (Swift) has launched an instant payment system that dramatically accelerates cross-border transactions both to and from Europe....

Fundamentals of FinTech Architecture: Challenges, and Solutions

The FinTech market recorded considerable growth last year and is expected to reach a turnover of USD 197.8 billion by 2024.But what is the...

Industry Expert Makes Strong Case For XRP Rocketing Past $9,000 Amid Global Banking System Overhaul

Advertisement &nbsp &nbsp The Head of Social Adoption at XRP Healthcare, Edward Farina, has made...

World’s largest bank ICBC pays ransom after LockBit hack disrupted the markets, cybercriminals claim

China’s largest lender, the Industrial and Commercial Bank of China (ICBC), reportedly paid a ransom to cybercriminals who targeted the bank in a recent...

The Value of the LEI in X-Border Payments: Enhancing Know Your Consumer and Corporate Onboarding

Efficiently accessing the data they need is a core challenge for organizations conducting due diligence and ongoing risk monitoring for corporate customers and suppliers....

Swift experiments with blockchain but may need a governance shift

In the Fall of last year, consultancy group BCG predicted that asset tokenization would become a multi-trillion-dollar industry, an idea that has been echoed...

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