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Five Asean nations ink pact to ease cross-border payments
Nov 16,2022
Five Asean nations have inked a pact to boost connectivity and facilitate speedier cross-border payments. The agreement further supports the region's ambition to establish connected payments to drive down the cost of such payments.  The central ...
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Singapore to pursue cross-border digital currency potential
Nov 03,2022
Singapore is assessing the use of central bank digital currency (CBDC) for cross-border foreign exchange settlements with global partners, such as Swiss National Bank. It hopes the international collaboration will help identify potential governance s...
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Singapore explores programmable digital currency use cases with industry trials
Nov 01,2022
Singapore is testing potential uses of "purpose-bound" digital money via trials with industry players, including funds disbursement without requiring recipients to have a bank account. However, it has found no push for a retail central bank digital c...
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Fintech giant The Clearing House joins open-source patent protection powerhouse OIN
Oct 14,2022
You may never have heard of The Clearing House (TCH), but you use its services every day. Its US payment network clears and settles more than$2 trillion of wire, Automated Clearing House (ACH), check image, and real-time payments every day. H...
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How Web3 is driving new relationships with your customers
Oct 10,2022
Web3 is not just a new technology, it is an evolution of how brands and consumers interact. Welcome to the creator-owner economy, where customer engagement is changed forever.  ArtemisDiana/Getty Images In late September 2022, Crypt...
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Ethereum upgraded to a new blockchain infrastructure. What does that mean for the crypto market?
Sep 19,2022
insta_photos/Shutterstock Last week, crypto giant Ethereum achieved a long-awaited milestone and shifted its technological infrastructure to a more environmentally sustainable software. The move to the new infrastructure, called the Merge...
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OpenWallet seeks to open-source your digital wallet
Sep 14,2022
Matthew Miller/ At the Open Source Summit Europe in Dublin on Tuesday, the Linux Foundation announced the formation of the OpenWallet Foundation (OWF). The open what now, you ask? Is this an attempt to get me to donate money to ...
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APAC scoops up $41.8B in fintech deals amidst global investment dip
Sep 07,2022
Asia-Pacific scooped up$41.8 billion in fintech investments during the first half of the year, amidst a dip in the global figure to$107.8 billion. The payments sector drew the bulk of investments, followed by crypto and blockchain, which raked in$14....
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How AI is making Gen Z the most financially sophisticated generation
Jul 29,2022
Getty/Morsa Images From large banks to fintech startups, the financial services industry is leveraging the power of Artificial Intelligence (AI) to attract and assist Gen Z customers. For those counting, Gen Z includes anyone born between...
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The 5 best high-yield savings accounts: Not your standard savings
Jul 29,2022
If recent studies show us anything, it is that Americans are not saving money as they should. For many, the sudden job losses, health expenses, and high inflation attributable to the COVID pandemic have shined a light on the necessity of having a sav...
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Roku CFO: Ad buyers 'hit the emergency brakes,' but streaming 'still the fundamental opportunity'
Jul 28,2022
CNET There is still a "huge gap" for advertising to fill as consumer continue to move to connected TV, according to Steve Louden, chief financial officer of streaming TV maker Roku, during a press conference Thursday. "In Q2, there w...
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American Express relaunches the Blue Cash Everyday card, expands rewards
Jul 28,2022
American Express American Express relaunched the Blue Cash Everyday credit card early this month, giving it new rewards, perks, and a more modern design.  Thecard, which features no annual fee and focuses on rewarding cardholders for...
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