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Category: Channels


Channels, News

Daxsen Group to launch new digital bank in Ecuador

July 1, 2022

Via: FinTech Futures

With Daxsen Bank, the firm intends to reduce operational and transactional costs to “revolutionise” the country’s banking sector. “This is intended to be a digital bank that will open accounts at no cost and improve banking operations through the management […]


Channels

eCommerce Payment Market Size to Grow USD 11582400 Million by 2028 at a CAGR of 11.5% | Valuates Reports

June 8, 2022

Via: PR Newswire

The Global eCommerce Payment Market is Segmented by Type (Real-Time Bank Transfers, Offline Bank Transfers, Cash on Delivery, Direct Debits, eInvoices, eWallets, PostPay, PrePay, Prepaid Cards), by Application (Commercial, Banks, Finance): Opportunity Analysis and Industry Forecast, 2022–2028. The global E-Commerce […]


Channels

Why Embedded Finance Is the Next Area of Digital Revolution

May 24, 2022

Via: Bank Director

The four decades after the internet made information readily accessible has led to inventions and innovations like smart devices, mobile apps and the ability to be constantly connected. Today, companies are focusing on harnessing technology to build smoother, richer and […]


Channels

The Future of Banking in the Metaverse

May 19, 2022

Via: Bank Director

From Nike’s acquisition of RTFKT to Meta Platform’s Chairman and CEO Mark Zuckerberg playing virtual pingpong, the metaverse has evolved from a buzzword into a way of doing business. The metaverse could become a “river of entertainment in which the […]


Channels

Is Crypto the Future of Money?

May 11, 2022

Via: Bank Director

Regardless of their involvement in the financial services industry, anyone paying attention to the news lately will know that cryptocurrencies are making headlines. As the worldwide economy becomes less predictable, regulatory agencies are wondering whether cryptocurrencies could be used to […]


Channels

Banking’s Netflix Problem

May 6, 2022

Via: Bank Director

On April 19, Netflix reported its first loss in subscribers — 200,000 in the first quarter, with 2 million projected for the second — resulting in a steep decline in its stock price, as well as layoffs and budget cuts. […]


Channels

Future of Digital Payments: Mobile point-of-sale (mPOS) Industry

May 6, 2022

Via: TechBullion

The demand for mobile point-of-sale (mPOS) solutions is consistently rising over the past few years after the advent of various cashless technologies. The rising number of government initiatives that advocate cashless economy are further intensifying the need for effective and […]


Channels

Why Tokenization will be King in 2023

May 4, 2022

Via: TechBullion

Cryptocurrency has become an integral part of the global financial ecosystem, and as the blockchain space evolves, new niches, applications, and derivative technologies will continue to emerge over time. Every year, one of these concepts becomes the dominant narrative within […]


Channels

U.S. Bank, Apex Fintech Solutions to deliver real-time payments to brokerages

April 21, 2022

Via: Yahoo

U.S. Bank today announced a real-time payment collaboration with Apex Fintech Solutions (“Apex”) to provide greater speed and security to money movement between individual investors and broker dealers. Through its subsidiary Apex Clearing Corporation, Apex provides clearing and custody services […]


Activity, Channels, Investment Banking

Taxation of Cryptocurrency and Similar Transactions

April 20, 2022

Via: JD Supra

Whether you’re an investor expanding your portfolio to include digital assets such as cryptocurrencies and tokens, a business that uses cryptocurrencies to engage in everyday transactions, or a crypto “miner,” you need to keep in mind the tax implications of […]