The current world economy is between $80 - $100 trillion. Broad and inexpensive access to digital money and phone-based transactions has opened the door to financial services for 1.7 billion people worldwide, even including those without traditional bank accounts. On the second day of the SOFTin Space 2023 conference,...
SWIFT banking system is used by more than 11,000 financial institutions and companies across over 200 countries worldwide. [caption id="attachment_4550" align="aligncenter" width="525"] SWIFT Is A Cooperative Messaging Pathway For Safe And Secure Financial Transactions Across Borders[/caption] • This payment network allows individuals and businesses to...
In comparison to other industries, retail banking has historically been relatively slow to pursue technological innovation. Banking executives generally tend to be cautious, focusing their efforts on developing financial products to maximize revenue, with innovation a distant second priority. This approach, coupled with the fact...
Robert Sharratt is the Managing Director, and co-founder of CrescoFin SA, a regulated, financial technology firm based in Geneva, Switzerland. Robert has 20 plus years of experience in investment banking and technology and is a thought leader in decentralized finance (DeFi). Robert is the new...
The World Bank Board of Executive Directors approved yesterday US$40 million for the Second Fiscal Reform and Resilience Development Policy Credit with Catastrophe Deferred Drawdown Option (Cat DDO) for Saint Vincent and the Grenadines. The quick-disbursing operation supports the country’s program to strengthen fiscal sustainability and...
[caption id="attachment_2192" align="aligncenter" width="1068"] Environmental, Social, and Governance ESG Investment Blueprint[/caption] Environmental, Social and Corporate Governance (ESG) investment is a critical term that is often used synonymously with modern sustainable investing. This type of investment is based on three central factors to measure the sustainability...
[caption id="attachment_1880" align="alignnone" width="925"] Future and tech and cities, images by citiesbac[/caption] UK Future Fund launches to high-growth Innovation British businesses The government’s £500 million Future Fund opens for applications today (Wednesday 20 May) with innovative and high-growth British businesses able to secure investment to...
[caption id="attachment_2083" align="alignnone" width="1280"] Smart Cities - Insights, image by Dinis Guarda for citiesabc.com[/caption] What are Smart cities? Smart Cities Features, Framework, Insights, Thoughts, Quotes The world is now urban and humanity lives and fosters in cities and smart cities are framework of our times....
Future Trends in Banking and Fintech Industry Photo source: Unsplash News release: Super apps, fast and goal-oriented development and simplified barriers for new market players are on the horizon for the Banking and Fintech sectors. April 16th, 2020. Growing competition and rising customer expectations are pushing Banking...
[caption id="attachment_584" align="alignnone" width="525"] street banks[/caption] High street banks urged to lift unethical personal guarantees on small business loans News Release To be bylined to Oliver King, an associate solicitor in corporate law at Langleys Solicitors Small business owners have been urged to check the...
World Bank Group Increases COVID-19 Response to $14 Billion To Help Sustain Economies, Protect Jobs Focus on private sector and workers spearheaded by IFC to mitigate financial and economic impact of crisis WASHINGTON, March 17, 2020 — The World Bank and IFC’s Boards of Directors approved...