The DigiFT US Treasury Token provides a regulated, on-chain channel for investors to invest in US treasuries with a specific maturity date of December 31, 2023.
Of the 650 fintechs in operation in Mexico, just 46 operate under its 2018 fintech law. Industry experts lament its shortcomings.
Piraeus Bank’s market cap is now around €4bn, compared with €1bn just a year ago. CEO Christos Megalou says he is determined to do everything in his power to ensure it stays there.
India’s banks are enjoying a period of relative calm, and a focus on retail has helped with bringing stability. The Banker reports on how the regulator has also stepped up support.
Risks facing banks whose businesses straddle highly regulated home markets and countries with ill-defined rules and lower transparency standards are growing.
Banks on both sides of the Atlantic are struggling to invest in tech, but US lenders are at risk of falling behind.
The implementation of the Unified Payments Interface in India revolutionised the country’s approach to digital payments. As the market matures, Rekha Gupta Menon reports on how the payment system is looking to expand overseas.
The governor of the Astana International Financial Centre talks about the centre’s growth, the development of Kazakhstan’s capital markets, and how the centre has benefited from sanctions against Russia.
IT and fintech was one of the few sectors of Ukraine’s economy that grew last year. Some even see it as a “pillar for stronger democracy” in the country.
The UK’s new Consumer Duty is bringing in new rules that should help to address the distrust and dissatisfaction that retail banking customers feel towards their banks.
Economic security issues have come to the fore, particularly in eastern Europe, as risks in the fintech space continue to evolve.
Fintechs have long promised to transform financing for Mexico’s SMEs, but as large retailers and digital marketplaces come into the arena, it is the latter that could win the credit game.
Sustainability and sharia-compliant finance are a natural fit, writes the managing director of the Global Ethical Finance Initiative.
Development money is pouring into Ukraine, but some NGOs and civil society organisations are not convinced the money is being well spent. And what does “build back better” even mean?
A Greenpeace report takes issue with the ECB’s net-zero actions.
The Italian windfall tax on banks has raised questions over whether more governments will consider implementing their own levy.
A booming crypto market in Indonesia impacts moves towards transparency and investor protection.
Data lies at the heart of combating fraud in the EU.
As Saudi Arabia begins issuing technical certifications to banks and fintechs, the UAE’s open banking framework remains some way off.
Canada and economies across Asia have grown their share of US imports faster than Mexico in recent years. There are now signs of a turnaround.