Europe is making a bold move to modernize its banking system with blockchain technology. The European Central Bank (ECB) is working on two big projects: a digital euro and using distributed ledger technology (DLT) for settlements. These changes could shake up the financial world, affecting both old
The finance world is at a turning point with artificial intelligence. AI has been a part of finance for a long time. It started with credit scores and fraud detection in the 1980s. Since then, it has grown with machine learning and AI-powered FinTech. Today, AI is used for financial modeling, r
Imagine a bank that reaches out to those who often get left behind. That's what Boost Bank is doing! Created by Axiata Group Berhad and Boost, this digital bank has teamed up with RHB Banking Group to make financial services more accessible. They’re focusing on safety measures against unauthorized a
Starling Bank, a digital bank backed by Goldman Sachs and once considered one of the UK's most promising startups, has recently been fined £29 million by the Financial Conduct Authority (FCA). The fine was imposed due to the bank's failure in preventing financial crimes such as money laundering and
The world of cryptocurrency is abuzz as Republican presidential nominee Donald Trump is making a bold declaration: he plans to make the United States the crypto capital of the planet. Trump's announcement comes as a surprise, given the rising importance of digital currencies in the global financial
