In a significant move to bolster its compliance and streamline its payment processes, South Africa's Standard Bank has aligned itself with Volante Technologies, adopting Volante's cloud-native Payments-as-a-Service (PaaS) and pre-processing solutions to enhance its operations. This strategic
The Global Open Banking market is on the brink of a substantial expansion, with projections indicating a rise from USD 35.4 billion in 2024 to a significantly higher value by 2032. This growth is driven by the secure sharing of financial data through APIs (Application Programming Interfaces), which
The world of blockchain technology and decentralized finance (DeFi) is experiencing significant advancements, with Ethereum, Chainlink, and BlockDAG leading the charge. These developments are not just incremental improvements but transformative shifts poised to redefine the future landscape of
The crowdlending market in Europe is on the verge of a transformation with the advent of blockchain technology, and 8lends is positioned at the forefront of this revolution. By integrating blockchain into peer-to-peer (P2P) lending, 8lends aims to significantly enhance transparency, reduce costs,
The landscape of finance operations is undergoing a significant transformation, driven by advancements in automation, artificial intelligence (AI), and digital tools. However, the journey towards fully automated finance processes is fraught with challenges. This article delves into the barriers,
The UK's data protection regulator has recently emphasized the critical need for organizations to share customers' personal data in a responsible manner to address the escalating fraud crisis. According to official statistics, fraud has now become the most prevalent crime in England and Wales,
The reelection of Donald J. Trump as U.S. President has sent ripples through the cryptocurrency sector, promising a potential shift in the regulatory landscape. After years of stringent oversight under the Biden administration, the crypto industry is optimistic about a more favorable environment
Regulatory compliance has become increasingly complex, dynamic, and burdensome for many organizations, especially in the Gulf Cooperation Council (GCC) countries, where bold economic diversification and technology plans are underway. Regulatory technology (RegTech) leverages intelligent automation,
The financial sector, encompassing banks, investment firms, and insurance companies, is a prime target for cybercriminals due to the vast amounts of sensitive data and transactions it handles. As cyber threats become more sophisticated, financial institutions must adopt robust cybersecurity
Investors often focus on traditional risk assessments when evaluating their investment portfolios, primarily concentrating on individual stocks, bonds, and options. However, they frequently overlook a significant yet subtle factor: the correlation of risks across different market asset classes.
