Arabian Gulf Business Insight on MSN
Banks lose remittance battle as fintechs gain ground, say execs
Gulf banks have lost the battle for remittances and could cede small-business payments to fintechs and blockchain networks, industry executives have said. Speaking at a closed-door roundtable in the ...
Blockchain has finally made its way into traditional banking. For years, major banks wrote it off as a risky tech trend linked to crypto speculation. But things have changed. From New York to ...
How could banks fit into decentralized finance? They could start by playing a role in staking, some industry observers say. The concept of staking, in which participants in a blockchain network pay an ...
The bank added five Asia-Pacific currencies to its Kinexys blockchain platform, allowing institutional clients to settle ...
JPMorgan has formed a partnership with six banks in India to develop a blockchain-based settlement system to facilitate interbank dollar transactions. The initial project will analyze the bank’s ...
The crypto bank aims to help financial institutions offer round-the-clock payments and settlement without replacing their ...
For years, banks have tip-toed around blockchain. They’ve explored pilots, commissioned research, partnered with fintechs, and debated tokenization strategies—all while waiting for regulators to ...
Panelists at the On-Chain Executive Summit, from left to right: Marc Hochstein, Shaun Martinak, Kara Kennedy, Yuval Rooz and Kathleen Wrynn. What's at stake: Tokenization choices could reshape market ...
The closures of Silvergate Bank and Silicon Valley Bank catalyzed one of the most volatile weeks in financial markets since the Global Financial Crisis. The weekend after that eventful 48 hours, ...
Jose Fernandez da Ponte, Senior Vice President of Blockchain, Crypto, and Digital Currencies at PayPal, said blockchain technology will not fully replace traditional banking systems but will improve ...
When people think of “blockchain” they often associate it with cryptocurrency. But in fact, crypto is just one facet of blockchain, which is designed to provide trustworthy and speedy financial and ...
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