China’s ban on the use and trading of cryptocurrencies persists until today, this however does not mean that China is against the technology, as they believe that blockchain and cryptocurrencies will play a huge role in advancing towards the future.
David Gyori, international resource director at The Asian Banker and known author and keynote speaker, talks about Africa’s advantages in going digital and the various reasons for the continent to take a leap into this revolution.
Digital currencies have been hogging media headlines, with some countries jostling to attract start-ups in the cryptocurrency and underlying blockchain technology space. But will this bring cryptocurrencies into the mainstream?
The pace of regulatory reform has been relentless since the global financial crisis. From D-SIBs, TLAC, MiFID 2 to FRTB, the chain of regulatory acronyms that banks have to grapple with seem endless. Yet, are these measures working to make the banking system more secure or does their complexity cripple banks’ efficiency?
A strong rise of robo-advisors is often predicted within the next few years. But, looking at the current situation, the offerings typically use limited possibilities to managing assets and can potentially only satisfy specific needs.
As open banking becomes a reality for European consumers in early 2018, Chris Skinner, author and financial technology commentator, theFinanser.com, highlights the results of a number of reports and researches on open banking, especially noting how banks are ready to implement it.
The emergence of the so-called “platform economy” has brought a new trend to the financial services industry. Vipin Kalra, chief executive officer of BankBazaar International, discusses how financial brands can leverage the move to platforms to further market their products and strengthen their brands.