Payment Technology

Why Is SBI Hiring 6,500 People for Digital Banking?
Digital Banking & Payments Why Is SBI Hiring 6,500 People for Digital Banking?

In a move that seemingly contradicts the tech industry's trend toward automation and workforce reduction, one of the world's largest banks is embarking on a massive hiring spree specifically to fuel its digital transformation. State Bank of India (SBI) is strategically recruiting an additional

How Did Liberia Launch a Digital Payments Revolution?
Lending & Investment How Did Liberia Launch a Digital Payments Revolution?

In a nation where the economy has long been dominated by physical cash, the simple act of transferring money digitally often meant navigating a fragmented and inefficient landscape, a challenge that the Central Bank of Liberia (CBL) has now decisively addressed. The country's financial ecosystem

Average BNPL Loan Size Jumps as Late Fees Decline
Digital Banking & Payments Average BNPL Loan Size Jumps as Late Fees Decline

A Shifting Landscape for Modern Credit The Buy Now, Pay Later (BNPL) industry, a dominant force in modern e-commerce, is showing clear signs of maturation. A recent landmark study by the Consumer Financial Protection Bureau (CFPB) reveals a fascinating and complex new chapter: while the sector's

Visa CEO's Pay Hits Record High as Threats Mount
Digital Banking & Payments Visa CEO's Pay Hits Record High as Threats Mount

In a world where digital transactions have become as fundamental as breathing, the compensation for the executive steering one of the largest payment networks has soared to an unprecedented peak, raising profound questions about corporate value versus market vulnerability. The record-setting pay

Is Banker-Blockchain Synergy the Future of Payments?
Digital Banking & Payments Is Banker-Blockchain Synergy the Future of Payments?

The international financial landscape, long defined by cumbersome and expensive systems for cross-border payments, is undergoing a seismic shift driven by the powerful and strategic alliances forming between established banking institutions and pioneering blockchain companies. This collaboration is

How Is XRP Modernizing Mainframe Banking?
Lending & Investment How Is XRP Modernizing Mainframe Banking?

A significant evolution is quietly reshaping the backbone of global finance as Ripple's XRP Ledger becomes officially integrated into the core mainframe systems of several major, yet undisclosed, banking institutions. This landmark event represents a critical inflection point, marking the

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