FinTech Rising

Reports at the intersection of money, banking, securities, and payments with digital technologies

Payments

Innovation and Regulation: Building Better International Payments

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International trade and commerce are a major piece of the payments industry, with volume only increasing year over year as digital options further connect the globe – and yet, many of the systems that businesses and retail consumers alike rely on to make these payments remain too slow, too complex, and expensive. There’s a growing need to fundamentally rethink the payments … [Read more...] about Innovation and Regulation: Building Better International Payments

Digital Transformation Challenges Remain for Banks

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The world of payments is going digital. That’s been a story for years, now – and one that took on a new urgency in the wake of a pandemic that demanded real changes to the ways banks do business. But for financial institutions to really achieve the kind of digital transformation that the times demand, they’re going to need more than a website or online balance … [Read more...] about Digital Transformation Challenges Remain for Banks

The Changing Face of Bitcoin

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Note: On Tuesday morning 2/16, Bloomberg reports that bitcoin reached a new record price, breaking $50,000, as institutional investors continue to buy in. Bitcoin continues to capture headlines, as summarized by CoinDesk. As its price gains continued on news that Elon Musk purchased $1.5 billion worth of the cryptoasset for Tesla, several mainstream financial organizations … [Read more...] about The Changing Face of Bitcoin

Building Faster Payments: From Conception to Reality

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Selling the concept of faster payments, in many of the myriad forms they can take, isn’t difficult. Most of the industry players agree it’s overdue: the U.S. hasn’t had a new payments structure in over 40 years. Needless to say, achieving it is a huge undertaking; not only in building the technology but also in getting large-scale adoption, as it requires buy-in from every … [Read more...] about Building Faster Payments: From Conception to Reality

Digital Payments and Currencies in China. They’re Faster.

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The following is a guest post from John Browning, founding partner of Hong Kong commodity and financial futures broker BANDS Financial. In reporting on the state of and statistics on the Chinese economy, Browning follows the development of a digital currency by China's central bank. See our post Constructing the Future of Money for an introduction. This post, an excerpt from … [Read more...] about Digital Payments and Currencies in China. They’re Faster.