DeFi markets surge in 2024 as capital inflows drive growth – Binance Research

May 23, 2024

Category: Invest tech, Markets

2024 has seen a flood of capital into decentralized finance (DeFi), driving the total value locked (TVL) up by 75.1% year-to-date (YTD) to $94.9 billion from $54.2 billion at the start of the year, according to a report by Binance […]

US Banks Are ‘Conflicted With Worries’ as Demand for Instant Payments Grows; Reveals RedCompass Labs

May 7, 2024

Category: Paytech, Wholesale

The latest RedCompass Labs report, ‘Time to leave legacy behind? Instant payments in the US‘, surveyed 300 senior payment professionals in US banks to get a better picture of the demand for instant payments, the barriers to implementation, the challenges […]

Bitcoin mining stocks saw spikes across the board ahead of halving event

April 19, 2024

Several Bitcoin mining firms listed on the Nasdaq stock exchange closed the trading week with a noticeable 24-hour increase in share prices in the lead-up to the Bitcoin halving event. On April 20, Bitcoin celebrated its fourth-ever halving event, and […]

Blockchain, Crypto

Deutsche Bank to explore asset tokenisation applications as part of MAS’ Project Guardian

May 15, 2024

Via: FinTech Futures

Project Guardian was launched by MAS in May 2022 and seeks to develop and pilot tokenisation use cases across its four focus areas of interoperable networks, independent trust anchors, institutional grade DeFi protocols, and the use of tokenised deposits issued […]

Paytech, Retail

Security Remains at the Heart of Innovation Finds Amazon Payment Services in Payments Trends Report

May 14, 2024

Via: The Fintech Times

This is just one trend of many revealed in the Leading Trends in Digital Payments: Driving the Real-Time Economy in MENA report. Based on a study designed and conducted by Davies Hickman Partners and sponsored by Amazon Payment Services, this […]

Banking Tech, Mobile Banking

Mobile banking malware surged by 32% in 2023

May 13, 2024

Via: ThePaypers

Cybersecurity company Kaspersky has released a report which uncovered a substantial increase in mobile banking malware and crypto-related phishing in 2023. According to Kaspersky’s annual Financial Threats Report, 2023 saw an increase in the number of users facing mobile banking […]