Private credit has become essential in diversified investment portfolios, as companies often opt to stay private longer. Investors can capitalize on this by providing loans to these companies, reaping benefits that include steady income potential and risk diversification through reduced public
The European Union has always been at the forefront of enacting stringent measures to combat financial crimes. With the advent of cryptocurrencies and their rising use in illicit transactions, the EU has taken definitive action by rolling out a new set of rules designed to address money laundering
Mastercard and Network International are stepping up their game in cybersecurity for the Middle East and Africa’s digital payments. They’re integrating Mastercard’s Brighterion AI to combat the rising cybercrime in e-commerce. This AI-driven fraud prevention tool is pivotal for both securing trans
The Thales Digital Trust Index 2024 highlights the varying trust levels consumers have in industries, emphasizing the critical role of data security. This index, emerging from an extensive global survey, is vital for understanding consumer attitudes toward privacy and security. Industries can gauge
Indonesia has taken a bold step in its financial tech progress with the OJK's introduction of the POJK 3/2024 regulation. This critical measure has been established to bring order and clarity to the burgeoning crypto asset sector. Through this regulation, the OJK aims to cement a solid legal
The financial industry buzzes with the concept of asset tokenization, a process that converts rights to an asset into a digital token on a blockchain. Proponents hail it as a revolutionary boon, promising increased liquidity, fractional ownership, and broader access to investment opportunities,
As digital financial transactions become the norm, security concerns escalate. Tokenization is a cutting-edge method that safeguards transaction data, pivotal to the integrity of online and mobile banking. This advanced technology replaces actual bank card numbers with unique tokens. This
In the progressive world of blockchain technology, Ethereum stands as a beacon of innovation, second only to Bitcoin. It represents not just a cryptocurrency but also a comprehensive platform that underpins the decentralized dream of the Internet. Born from the vision of Vitalik Buterin, Ethereum
The world of finance is undergoing a remarkable transformation, fueled by technological progress and innovation in the fintech sector. Consequently, financial institutions must adapt to remain competitive and meet the evolving demands of customers. McKinsey’s analysis has identified seven key t
Financial fraud within institutions is a growing concern, as 80% more banks have been fined for money laundering, costing $10.4 billion. Regulatory technology (RegTech) has become a potential solution to minimize the threat of internal and external monetary fraud. These tools also enable automated
