Top Destinations for Online Fintech Workers and Digital Nomads in 2023
Technological advances and the COVID-19 pandemic have spurred a rapid shift in working practices, prompting a growing number of people with jobs not tied to a specific location to travel the world all the while working remotely. These changes in
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The FTX EMEA Empire That Never Was
If you could peer into the mind of Sam Bankman-Fried, what would you see? Maybe it doesn’t bear thinking about. In the summer, empire building in Europe, the Middle East and Africa was very much on the mind of the
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Visa Plans on Auto Crypto Payments
The rise of blockchain and cryptocurrencies has changed the way we think about digital money movement — creating opportunities for a new generation of financial applications. Visa reported that they are in the early stages of blockchain development and it
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Banking and Fintech Players Embrace Cloud-Based Core Banking Platforms
2022 has seen a large number of banks and fintech companies embrace cloud-native architectures, inking strategic partnerships with modern core banking providers and technology specialists to modernize their core infrastructure and evolve for the digital age, a new analysis by
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BIS: New Global Bank Standards for Cryptoassets
The Group of Central Bank Governors and Heads of Supervision (GHOS), the oversight body of the Basel Committee on Banking Supervision, met on 16 December to endorse a finalised prudential standard on banks’ cryptoasset exposures and the Committee’s work programme
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Swiss Government Plans to Promote Open Finance in 2024
During its meeting on 16 December 2022, the Federal Council discussed open finance developments in Switzerland. It has instructed the Federal Department of Finance (FDF) to submit measures to it by June 2024 in the event that the financial sector
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Neue Strategie für die Digitale Schweiz
Der Bundesrat hat am 16. Dezember 2022 die neue Strategie Digitale Schweiz genehmigt. Die Strategie wurde vereinfacht und sieht neu jährlich wechselnde Fokusthemen vor, die vom Bundesrat bestimmt werden. Die Fokusthemen adressieren Themen, in denen der Bundesrat eine besondere Priorität
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bob Finance Migrates Its Lending Portfolio to Mambu
Zurich-based digital financial services provider bob Finance announced that it has successfully migrated its full lending portfolio to Mambu’s cloud-native banking platform. This migration included a move to a locally-based Google Cloud as bob Finance is looking to establish itself
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UBS Issues USD 50 Million Tokenized Debt Securities for Asia Pacific
UBS has closed the first tokenized debt transaction for Asia Pacific investors, underlining its commitment to expand regional investment opportunities. UBS AG London branch issued USD 50 million in digital fixed rate security tokens (‘digital securities’) using blockchain technology to
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Governments, International Bodies Ramp up Crypto Tax Regulations
Over the past year, governments and regulatory bodies from around the world have increased their focus on the taxation of the cryptocurrency industry, a trend that comes on the back of increasing investment, adoption and innovation in the space despite
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