In a groundbreaking effort to improve financial inclusion, Monterey-Salinas Transit (MST) has teamed up with Bank On, an initiative by the nonprofit organization Cities for Financial Empowerment Fund (CFEF), to provide contactless bank cards for individuals without bank accounts. This innovative
December 20, 2024Toqio, a prominent technology platform specializing in B2B embedded finance, has recently announced the addition of two senior hires in the UK and Spain amidst a rapidly growing market. The company strategically appointed Marcello Silvestri as the Head of Sales in the UK and Yan Rocubert Paredes as
December 19, 2024A recent Bankrate survey sheds light on the behavior and preferences of American credit cardholders regarding rewards cards, providing significant insights into the redemption habits and favored features among U.S. adults. This study also highlights the impact of income and age on these behaviors,
December 19, 2024Banks' Readiness for Open Banking Recognizing Importance, Facing Unpreparedness Many banks concede the critical nature of open banking to their longevity, with 74% of global banks and a marginally lesser 66% of those in the US affirming its necessity for future success. However, accepting the
December 17, 2024The financial ecosystem is continuously threatened by the specter of financial crime (FinCrime), which poses a considerable challenge for institutions responsible for safeguarding our economic sanctuaries. As fraudsters refine their tactics, the once stalwart conventional methods falter, beckoning
December 17, 2024India's e-commerce sector has been revolutionized by the widespread embrace of digital payments. This seismic shift was sparked by key events like the demonetization of 2016, when the government invalidated certain currency notes to curb corruption and promote digital transactions. This policy
December 17, 2024As of January 2025, mortgage holders in Serbia will face significant changes due to the expiration of interest rate caps imposed by the National Bank of Serbia (NBS). This change will result in higher monthly payments for borrowers as new legal provisions come into effect. Over the past year,
December 16, 2024Bitcoin's recent breach of the $100,000 mark has captured global attention, highlighting the growing significance of this decentralized digital currency. As financial institutions and favorable regulations drive interest in Bitcoin higher, understanding Bitcoin's workings and benefits
December 13, 2024Chainlink Labs has announced a strategic initiative to expand into the Middle East and North Africa (MENA) region by establishing an entity in the Abu Dhabi Global Market (ADGM). This move is seen as part of Chainlink Labs' broader vision to address the increasing demand for decentralized
December 12, 2024In today’s rapidly evolving digital landscape, managing and responding to cyber threats has grown increasingly complex. Cyber threats are becoming more sophisticated, forcing organizations to fortify their defenses to protect sensitive data and infrastructure against potential breaches. Managed D
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