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Open Banking & Banking Digital Transformation Congress will be held in August in Shanghai

Open Banking & Banking Digital Transformation Congress will be held in August in Shanghai

Open Banking&Banking Digital Transformation Congress 2020 will be held on September 24-25 in Shanghai with a focus on digital transformation and open ecosystem construction of large state-owned banks, joint-stock banks, urban commercial bank, and foreign bank, etc. The congress will mainly discuss how iABCD empower retail, micro and corporate finance from perspectives of policy transmission, ecological construction, cultural innovation, business model innovation, product innovation, risk management, marketing, and the user experience, etc.

Qatar to Explore CBDC

Qatar to Explore CBDC

Qatar is exploring use cases of introducing a CBDC, including all aspects, the pros and cons of the digital currency as well as digital banking.

JPMorgan's Blockchain Platform Powers Qatar's Digital Dollar Revolution (deleted)

JPMorgan's Blockchain Platform Powers Qatar's Digital Dollar Revolution (deleted)

In a groundbreaking move that signals the growing mainstream adoption of blockchain technology in traditional banking, Qatar's largest financial institu...

Qatar's Largest Bank Adopts JPMorgan Blockchain Platform for USD Transfers

Qatar's Largest Bank Adopts JPMorgan Blockchain Platform for USD Transfers

In a groundbreaking move that signals the growing mainstream adoption of blockchain technology in traditional banking, Qatar National Bank (QNB) has ann...

US Senator Pat Toomey Eyes Senate Banking Committee Chair and Digital Currency Regulations

US Senator Pat Toomey Eyes Senate Banking Committee Chair and Digital Currency Regulations

United States Senator Pat Toomey said he will take on digital currency regulation and payments reforms should he become the Senate Banking Committee’s next chairman.

Italian Banking Association Wants to Join in on the ECB Digital Euro Central Bank Digital Currency Project

Italian Banking Association Wants to Join in on the ECB Digital Euro Central Bank Digital Currency Project

The Italian Banking Association, Associazione Bancaria Italiana (ABI) has decided to participate in projects and experimentations of a European central bank digital currency, recently known as the digital euro.

Swiss Regulator Issues Banking Licenses to Two Blockchain Firms

Swiss Regulator Issues Banking Licenses to Two Blockchain Firms

The Financial Market Supervisory Authority (FINMA) in Switzerland has issued banking and securities dealers’ licenses to two new blockchain companies.

US Senate Banking Committee Chair Sends Letter to the OCC to Clarify Crypto Payment Rules

US Senate Banking Committee Chair Sends Letter to the OCC to Clarify Crypto Payment Rules

The US Senate Banking Committee Chair Mike Crapo sent a letter to the OCC to develop guidelines on digital payments.

Beyond Banking: DBS Bank’s Digital Transformation into Smarter ‘Phygital’ Banking Services

Beyond Banking: DBS Bank’s Digital Transformation into Smarter ‘Phygital’ Banking Services

In 2019, despite facing an increasingly challenging and uncertain environment, especially the second half of last year, DBS achieved a record performance and successfully launched DBS’ First Fully Virtual Wealth Management Account Opening Solution.

South Korea Intensifies Blockchain in Banking but Rules Out Digital Fiat Currency

South Korea Intensifies Blockchain in Banking but Rules Out Digital Fiat Currency

Wide application of blockchain technology is expected to affect people’s lives, business, education, governance, and other sectors. That is the reason, many countries explore and even deploy the huge potential of this technology. But the latest trend of the technology seems to have taken a new twist in South Korea. Now let’s find out why South Korea continues adopting blockchain in banking but rejects rolling out digital fiat currency.

Brazilian Banking Federation President Claims Crypto Cannot Replace Fiat Money

Brazilian Banking Federation President Claims Crypto Cannot Replace Fiat Money

The President of Brazilian Banking Federation has argued that cryptocurrencies do not meet the basic criteria of real currencies.

World First Crypto Bank Sygnum Receives Approval To Offer Banking Services In Singapore

World First Crypto Bank Sygnum Receives Approval To Offer Banking Services In Singapore

Sygnum has been granted approval by the Monetary Authority of Singapore (MAS) to operate digital markets/banking services in the country

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