Fintech News
The European Central Bank (ECB) to move on with digital euro project in November
The European Central Bank (ECB) has advanced to the next phase of its digital euro project, laying the groundwork for its potential…
Explore
Fintech News
Fintech News
DAY 1 OF FINTECH SURGE 2023: GENERATIVE AI IS REVOLUTIONIZING THE BANKING SECTOR
– SME Elevate highlights that 95% of all customer interactions will be powered by AI by 2025 Dubai – United Arab Emirates – 15 October 2023: Day…
Fintech News
GFX Securities Takes the Stage at COMEX Bahrain 2023
GFX Securities, the largest Bahrain-based brokerage firm, took center stage at the prestigious COMEX Bahrain event from October 9 to 11. The…
Fintech News
Metro Bank Faces Share Price Plunge By 28%
Metro Bank, one of the top British banks, witnessed a significant 28% drop in its share price recently amid reports that it’s…
Fintech News
Zimbabwe Introduces Gold-Backed Digital Tokens for Retail Transactions
The Reserve Bank of Zimbabwe (RBZ) has taken a significant step towards modernizing its financial landscape by announcing plans to introduce a…
Fintech News
Changzhou City in China to Give Away $700,000 in Digital Yuan Tokens and Coupons
The city of Changzhou, China, is taking part in the nation’s central bank digital currency (CBDC) pilot by giving away $700,000 worth…
Fintech News
Controversy Surrounds Brazil’s CBDC Pilot Over Code Allowing Fund Control
A recent revelation by a blockchain developer has sparked controversy surrounding Brazil’s pilot central bank digital currency (CBDC). The developer claims to…
Fintech News
JP Morgan Faces $4 Million Penalty from SEC for Misconduct
Yesterday, JP Morgan Chase faced a significant setback as the US Securities and Exchange Commission (SEC) fined the banking giant $4 million.…
Fintech News
Coinbase CEO Brian Armstrong Accused of Insider Trading in Controversial $1.7 Million Stock Sale
Recent allegations of insider trading against Coinbase CEO Brian Armstrong have sparked concerns within the investment community and industry experts. Armstrong sold…
Fintech News
Google Launches $1M Crypto Mining Attack Protection for Enhanced Security
Google Cloud has announced a new protection feature that offers up to $1 million in coverage to subscribers of its Security Command…
Fintech News
Ripple Continues to Lead CBDC Development Efforts
American Banker, a reputable Manhattan-based financial publication, has shed light on Ripple’s endeavors in the development of Central Bank Digital Currencies (CBDCs)…
Fintech News
China’s Jiangsu Province to Expand Digital Yuan Adoption in Education Sector
Jiangsu Province, one of China’s most populous provinces, is set to expand the use of the digital yuan in the education sector.…