The Rise of Embedded Finance and Open Banking Bidding to serve a new generation of buyers, FinTech companies seek to redefine how financial services are delivered, especially payments. With the rise of ecommerce marketplaces, FinTechs are taking advantage of an opportunity to tap into new revenue streams by providing embedded finance and open banking services. New … [Read more...] about Harnessing the Power of Digital Marketplaces
Payments
U.S. Faster Payments Implementation Increases
Consumers and businesses want to move payments faster. Three recent studies show growth in the use of the various flavors of faster payments in the United States. Instant payments services have reached an inflection point among financial services providers, with more than 60% using or setting up the RTP service and more than 40% setting up FedNow. Zell is approaching 80%, … [Read more...] about U.S. Faster Payments Implementation Increases
Dedollarization: A Yuan Tale
Countries are starting to settle trade in local currencies rather than U.S. dollars, and warnings of the dire consequences are heating up. They range from serious policy analyses on sanctions to conspiracy theories designed to sell investment information. Interest in the concept of “dedollarization” began to rise toward the end of the first quarter of 2023, spiking up at the … [Read more...] about Dedollarization: A Yuan Tale
Cryptofinance Reports I’d Like to Read
I'd like to read them all, but not now. These are some of the reports I've put aside over the last few weeks to refer to when "I have more time" or the need arises. Feel free to add your contributions in the comments. Research Reports On-chain Foreign Exchange and Cross-border Payments https://lnkd.in/gHheAT9B A study of the use of distributed ledger technologies in the … [Read more...] about Cryptofinance Reports I’d Like to Read
Real-Time Payments: Complex, but Crucial
Real-time payments, also known as instant payments, promise faster processing times and improved security compared to traditional methods. Despite its potential benefits, its impact on the finance industry remains an area of concern that requires real planning. Understanding the current state of real-time payments and analysis of its future potential and challenges is critical … [Read more...] about Real-Time Payments: Complex, but Crucial
China Takes Next Steps in Retiring Physical Cash
Letter From Shanghai No 811 - Digital RMB only This week we feature another guest post from John Browning, founding partner of Hong Kong commodity and financial futures broker BANDS Financial. It's the latest in his ongoing reporting on the development by the People’s Bank of China (PBOC) of e-CNY, its digital yuan*. We last wrote about it here. On Sunday (01-09-2022), … [Read more...] about China Takes Next Steps in Retiring Physical Cash