In the world of decentralized finance (“defi”) we often hearabout “banking the unbanked”. The vision is to give people with no access to even a bank account, access to…
Tag: banking
Can Blockchain Solve Open Bank Issues?
“Open Banking is a system that provides a user with a network of financial institutions’ data through the use of application programming interfaces, better known as APIs. The Open…
Bitcoin Fixes This: Ex-PayPal CFO Fired as Customer by Bank of America
There are many use cases for bitcoin but the primary one is to cut out centralized banks. The banking system as we know it is on the verge of…
FED Prints 12.7 Million Bitcoin Worth as Repo Bailout Intensifies
The financial dominoes are stacked and seem ready to fall. US Federal Reserve banking bailouts are intensifying as the central bank adds the equivalent of 12.7 million bitcoin to…
Will Neobanks Emerge as the Future of Finance?
The past 12 months have seen an explosion in the digital banking (or neobank), industry, with a wave of new high-quality online banks bursting on to the market. Initially,…
Open Banking and More Fintech Trends to Expect in 2020
The banking sector is perhaps one of the major beneficiaries of modern advances in software technology. Today, payments, accounts and other finances could be easily handled through banking software,…
Everything You Ever Wanted to Know Aboout Fintech 3.0 and its Impact on the Banking Sector
The world of banking shaped by FinTech This shocking observation can be attributed to the 2008 financial crisis and its effects on the global population. Moreover, during the global…
Earning Yield in Decentralized Finance (DeFi)
Decentralized Finance aims to provide the same financial services as traditional banking without any central authority or intermediaries. Without a central authority, DeFi allows everyone to engage with financial…
The Ugly Side of Traditional Banking – Bitcoinist.com
Last week the world saw the ugly part of traditional banking, with Turkey suddenly freezing millions of accounts and Hong Kong ATMs being out of cash. Incidents like these…
Biometric Authentication revolutionizes The Future of Mobile Banking
With high security measures kept in place for quick financial transactions in banking industry. It mandates for the integration of Biometric Authentication like fingerprint, facial and vein pattern recognition…