Correspondent banking represents one of the most vexing dilemmas for financial institutions and those who regulate them. On the one hand, it has long been a key mechanism for integrating developing countries into the global financial system and giving them access to the capital they need. On the other hand, correspondent banking relationships are inherently … Read more
Banks and financial institutions were shockingly slow to respond to the rise of fintech – now they are in danger of making the same mistake with the rapidly emerging crypto banking sector. While legacy players sit on the sidelines, the likes of SEBA and Wirex are racing to develop banking products and services that support … Read more
The COVID-19 pandemic has been a challenge for everyone, but it has created many opportunities for us in the blockchain industry. In most industries, sales vectors are declining, as bankruptcies and layoffs rule the day. But companies in the crypto and blockchain space have been expanding, hiring and applying for new licenses. The pandemic has … Read more
Murphy’s law states: “Anything that can go wrong will go wrong.” It always happens with centralized services. A year ago, we saw how half a million Facebook accounts were leaked online, exposing personal data. We will see it many times more with other services. The recent Twitter hack underscores this once again. The accounts of … Read more
Government-led funding programmes are a vital pillar of support amid the current COVID-19 crisis. However, their effectiveness relies heavily on the ability of lenders to qualify, process and issue loans at speed. Current evidence suggests this speed and efficiency is not always at the required level. The rate of completed applications under the Coronavirus Business … Read more
U.S. education is in crisis. Poorly paid teachers, funding tied to property taxes, and the lack of a national curriculum have produced a fractured national landscape for primary education. The ongoing coronavirus pandemic has exacerbated that situation, forcing unprepared teachers to teach remotely. In higher education, enrollments were dropping as tuition climbed even before the ongoing pandemic. … Read more
Government-led funding programmes are a vital pillar of support amid the current coronavirus (COVID-19) crisis. However, their effectiveness relies heavily on the ability of lenders to qualify, process and issue loans at speed. Current evidence suggests this speed and efficiency is not always at the required level. The rate of completed applications under the Coronavirus … Read more
One day, every company will be a fintech company. Companies will be offering financial services to their customers as a way to generate another revenue stream, personalise the customer journey and improve the overall user experience. In this article, I’ll be covering three reasons why companies that have nothing to do with finance will get … Read more
The coronavirus pandemic has led to enhanced health-care collaboration, innovation, and increased use of digital technologies. Telehealth enables doctors to safely connect with patients virtually and monitor them remotely, whether in different cities or down the hall. And smarter and smaller medical devices are producing better outcomes for patients—a disruption is sensed, like low blood … Read more
Incentivize Affordable Housing through Crowdfunding Liberalization for Community Investors In recent decades, increases in urban employment and population have outpaced residential development in U.S. cities. Nationwide, from 1974 through 2008, the number of new homes exceeded the number of new households. But since 2009, the construction of new homes has failed to significantly exceed the … Read more