Payments Network Malaysia (PayNet), the national payments network and shared central infrastructure for Malaysia’s financial markets, has named Farhan Ahmad as its new Group Chief Executive Officer effective 12 April

The post PayNet Appoints Farhan Ahmad as Its Group Chief Executive Officer appeared first on Fintech Singapore.

Hungary's second largest bank plans to launch a new retail digital bank.

Blockchain technology is expected to continue streamlining the retail market, given that its usage is anticipated to increase 12-times to reach $2.082 billion by 2028 from $172.22 million recorded in 2021. (Read More)

Thought Machine’s Vault system will underpin Intesa Sanpaolo's new digital banking service, Isybank.

Introduction The word community has become a buzzword across the globe. Businesses have realized the power of community-led growth and are heavily invested in building and continuously giving to the audience. Well..guess what? At Analytics Vidhya, the community has been at the forefront since its inception with aim of building the best AI ML ecosystem […]

The post Introducing The DataHour Series – Webinars with Industry Leaders appeared first on Analytics Vidhya.

Financial services giant JP Morgan Chase has once again upped its long-term price prediction for Bitcoin, even as its analysts don’t view short-term fundamentals to be working in its favor. In a recent investor note, the bank’s analysts estimated Bitcoin’s “fair-value” to currently be $38,000, which is almost 12% lesser than its current market price […]

As part of Finovate’s continued commemoration of Black History Month, we’re showcasing some of the African American fintech and financial services influencers and leaders who are driving innovation and inclusion in our industry. If you’ve ever lamented the lack of African Americans in the typical fintech influencer lists issued year after year, then hopefully this Read more...

The post A Baker’s Dozen of African American Influencers in Fintech and Financial Services appeared first on Finovate.

Menlo identified 224% increase in HEAT attacks in the last six months fueling ransomware surge.

Stablecoins provided corporations with the best of both worlds: a stable means of transacting fiat-based value on the blockchain. It’s no surprise that many major corporate conglomerates were investigating stablecoins. Some even hoped of releasing their own in-house digital coin. One of the largest banks, JP Morgan Chase released its ‘JPM Coin” in 2020 to […]

Ethereum, which has managed a return on investment (ROI) of 8700%, has cultivated a lot of dampened market sentiments lately. In fact, following the market’s downfall, Ethereum has lost over 51% of its value since its ATH of $4,878.26 three months ago. A profitable majority And yet, data by IntoTheBlock seems to suggest that 67% […]

Banks do not need to provide an explanation to shut down accounts owned by clients deemed "too risky," according to former CFTC commissioner Brian Quintenz.

In this Weekly Wrap episode of "The Buzz" podcast, the Bank Automation News editors discuss insights from the latest big bank earnings reports, including how JP Morgan, Bank of America and Wells Fargo are leveraging digital banking and automation. The BAN team covers JP Morgan Chase's report that revealed the $3.7 trillion bank is increasing its 2022 technology […]