Imagine a Europe where payments are instantaneous, secure, and accessible even without an internet connection, all while maintaining the stability of a centrally backed currency in an increasingly digital world. The European Central Bank (ECB) is working toward this vision through the development
In the ever-evolving landscape of fintech and cryptocurrency, few events have sent shockwaves through the industry quite like the dramatic implosion of a major crypto exchange that once stood as a beacon of innovation. Its collapse, marked by staggering financial losses and legal repercussions,
In a world where financial inclusion remains a pressing challenge for millions, particularly in emerging markets across Asia and Africa, a groundbreaking development has emerged from the United Arab Emirates. Fasset, a financial superapp, has recently secured a provisional banking license from
In a landmark development for Central Asia’s financial sector, Tuum, a pioneering provider of cloud-native core banking solutions, has joined forces with Bank CenterCredit (BCC), a leading financial institution in Kazakhstan, to unveil a cutting-edge Banking-as-a-Service (BaaS) platform. This
In a rapidly evolving global financial landscape, staying ahead requires not just ambition but also the technological backbone to support it, and Tanzania’s largest financial institution, CRDB Bank, has taken a significant stride in this direction with a major system upgrade. Recently completing a
Imagine a bustling university campus where students rush between classes, grab meals at dining halls, and make purchases at retail outlets, all while administrators struggle to manage a patchwork of outdated payment systems that fail to keep pace with high transaction volumes. This scenario is all
