PAYMENTS IN 2025 THE FUTURE IN THE FINANCIAL SERVICES
PAYMENTS IN 2025-THE FUTURE IN THE FINANCIAL SERVICES By Arturo Alejandro Canseco, Legal & fintech associate at Ramos Ripoll Schuster firm Payments – Fintech Foreign Advisor at Etisalat, Mexico Brief Insights About Payments in 2025 It is certainly complex to predict the future…
FinTech, Data Governance and Ethics
FinTech, Data Governance and Ethics By Dr Jane Thomason Data, data, data. FinTech automates and improves the delivery of financial services, through algorithms and specialized software to manage financial processes and operations. FinTechs collect and use vast amounts of user data and need…
Fintech For Good
One way to illustrate how financial inclusion drives economic growth is by tracking impact on the 17 United Nations Sustainable Development Goals (SDGs). Several reports from international organizations such as UNCDF, World Bank, WEF have demonstrated how digital finance can change the lives for many when delivered responsibly at a global scale. Due to the pandemic, the role fintech can play is even more vital as it can help with economic recovery and it can help mitigate some of the major setbacks in the progress that many countries were making towards reaching several SDGs.
Gold Standard as the Basis of the Monetary System
Gold Standard as the Basis of the Monetary System. By Rene Gruner, C₿P, Chief Editor and Futurist at BankSith.com, Switzerland In 1971, President Nixon abandoned the gold standard as the basis of the monetary system. What happened? Eventhough US citizens had been banned from redeeming…
“The Wars to Come” —Blockchain- A Game Changer for Auditors
“The Wars to Come” —Blockchain- A Game Changer for Auditors By Alia Noor, FCMA, CIMA, MBA, Oxford fintech programme, GCC VAT Comp Dip,COSO Framework. Associate Partner Ahmad Alagbari Chartered Accountants, UAE Founder xpertsleague Every industrial revolution was driven by different automation. The “Steam Engine” began…
The Difficulty Of Designing a CBDC
The Difficulty Of Designing a CBDC By Wilhelm Roth , CEO Icoinic Capital, Netherland The Bank of International Settlements (BIS) and a group of seven central banks, the Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, the…
Fintech-The Great Enabler of the Next Industrial Revolution
When compared with other contenders of the industrial revolution, one could argue that fintech is a gateway for all emerging technologies, the conduit towards financial inclusion and paving the way towards building a revitalized post-pandemic economy. Stakeholders within the fintech ecosystem need to collaborate and develop legal and regulatory frameworks that are harmonized with the pace of technological development. Only by fully leveraging the benefits of a hyperconnected world can we rebuild a strong economy that is resilient and sustainable.
As a society, we must continue to invest and promote innovation in the fintech space, while at the same time focusing on building a culture of ethics and maintaining a social impact mindset so future generations can look back at the major accomplishments achieved within this current industrial revolution era.
A Digital Ruble. A Government’s Forbidden Fruit Growing in the Garden of Eden
𝒜 𝒹𝒾𝑔𝒾𝓉𝒶𝓁 𝑅𝓊𝒷𝓁𝑒. 𝒜 𝒢𝑜𝓋𝑒𝓇𝓃𝓂𝑒𝓃𝓉`𝓈 𝒻𝑜𝓇𝒷𝒾𝒹𝒹𝑒𝓃 𝒻𝓇𝓊𝒾𝓉 𝑔𝓇𝑜𝓌𝒾𝓃𝑔 𝒾𝓃 𝓉𝒽𝑒 𝒢𝒶𝓇𝒹𝑒𝓃 𝑜𝒻 𝐸𝒹𝑒𝓃? 🍎 By Rene Gruner, C₿P, Chief Editor and Futurist at BankSith.com.Switzerland Background The Bank of Russia intends to enhance the payment system so that it meets the changing…
Crypto – Is it the Gift that could keep Giving?
Crypto – Is it the Gift that could keep Giving? By Dr Jane Thomason “Some who have become rich from early adoption of bitcoin and other cryptocurrencies, have chosen to turn to philanthropy and a number of prominent figures in crypto have made sizable…
Digital Identity- A Fintech Catalyst
The fintech industry is widely regarded as a major driver for financial inclusion and establishment of digital identities, however one could also argue that the global effort to create digital identities acts as a catalyst for the proliferation of neobanks, large scale mobile payments adoption and digital currency utilization.
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