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N26 is a 100% digital bank that doesn’t have any brick and mortar branches. It is a completely revamped concept of a bank that is really getting some attention from tech-savvy people who are tired of dealing with bloated megabanks that use questionable business practices. As a digital bank, N26 con..
News Tech Mahindra, the IT subsidiary of Indian conglomerate Mahindra Group, partnered with American distributed ledger technology (DLT) firm Adjoint to launch a blockchain financial management and insurance solution. Telecommunications industry news outlet CommsMEA reported on Sept. 2 that the so..
News Banking and financial services giant HSBC has completed the first yuan-denominated letter of credit transaction on a blockchain using the Voltron trade finance platform. As Reuters reported on Sept. 2, HSBC conducted the first blockchain-based yuan-denominated letter of credit transaction dep..
Skrill has been around for much longer than many people realize. The company was founded in 2001 under the name Moneybookers and has evolved to offer a range of financial services. Skrill’s personal accounts are just one of the platforms it offers, and this review will touch on some of the other ser..
News Standard Bank, Africa’s largest bank by total assets, has joined blockchain-based trade finance network, the Marco Polo Network. Standard Bank will now develop trade finance solutions alongside major global financial institutions such as French BNP Paribas and Dutch ING, according to a press ..
A new age of banking is imminent. Legacy models will be forced to follow suit or become obsolete in the eyes of value holders worldwide, as new bitcoin and crypto services take over, seeking to implement blockchain systems with an eye on convenience and financial inclusion. Announcements of stableco..
Sub-zero interest rates have become the norm in some countries, especially in Europe. Nordic nations such as Sweden and Denmark have been in negative territory for a while and a growing number of banks in the region are now charging depositors for keeping their money. Saving in fiat right now, unlik..
The number of digital banks with crypto options is growing. In addition to newcomers who offer digital-only access, a few existing banks and financial institutions have added crypto functionality to their platform. It is important to decide what kind of functionality you need to have from your digi..
The banking industry as we know it today is changing at a rapid pace. The days of walking into your local branch to open an account with countless documents are a thing of the past. Add in the likes of cashing a cheque, paper statements, telephone support, or physically transferring funds – and you ..
The Federal Housing Administration, a division of the U.S. Department of Housing and Urban Development, has recently adopted new guidelines widening the scope of condo purchases eligible for lower down payment loans insured by the government. While that could lead to more members of certain social g..