Economy
Cryptocurrencies replacing traditional fiat currencies; wealth inequality; the economic impact of automation and the next industrial revolution—this page covers the trends and news that will influence the economies of the future.
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https://betakit.com/synctera-secures-18-6-million-series-a-extension-launches-new-payments-integration/
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Betakit
Synctera launched its embedded banking platform for Canada in December 2023.
San Francisco-based banking-as-a-service platform Synctera has secured its second Series A extension and launched a new payments integration.
"We went live in Canada in under nine months and we've now scaled our...
San Francisco-based banking-as-a-service platform Synctera has secured its second Series A extension and launched a new payments integration.
"We went live in Canada in under nine months and we've now scaled our...
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https://worldview.stratfor.com/article/turkey-interest-rate-hike-stops-bleeding-now
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Stratfor
Turkey's central bank risks the wrath of the country's president by finally hiking interest rates, but it’s still not nearly enough to rescue the country's moribund economy.
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https://www.entrepreneur.com/en-in/growth-strategies/navigating-the-fintech-landscape-in-india/453300
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Entrepreneur
India boasts the world's third-largest startup ecosystem with more than 100 unicorn businesses valued at U.S.$340.78 billion as of September 2022. Owing to the Covid-19 pandemic's effects and the government's initiatives fostering the growth of the ecosystem, more than 80 million adults made their first digital merchant payment in the country during the pandemic and the number of startups recorded a 15,400% jump over the last six years.
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https://www.npr.org/sections/money/2017/04/05/522758910/episode-531-the-tough-the-sweet-the-nosy
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NPR
The tricks and mind games tax collectors use to get people to pay up.
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https://www.thefastmode.com/expert-opinion/31985-low-code-banking-how-financial-institutions-are-dominating-the-speed-to-market-game
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Thefastmode
In today's fast-paced and highly competitive banking industry, it is more important than ever for financial institutions to stay ahead of the curve and continuously innovate in order to attract and retain customers. One key way that banks are doing this is by embracing low-code platforms, which are helping to drive innovation and keep banks relevant in an increasingly digital marketplace.
FUTURE TIMELINE
COUNTRY FORECASTS
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https://www.coinfeeds.io/daily/layerzero-faces-backlash-from-lido-community-over-unauthorized-integration
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Coinfeeds
In a recent turn of events, LayerZero, a blockchain technology company, faced a significant backlash from the Lido community. The controversy arose when LayerZero integrated a wrapped version of Lido's staked Ethereum token without seeking approval from LidoDAO, the decentralized autonomous organization that governs Lido.
FUTURE TIMELINE
COUNTRY FORECASTS
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https://www.finsmes.com/2023/06/cardano-blockchain-to-blow-the-crypto-market.html
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Finsmes
In the last few years, the Cardano blockchain gained solid positions in the blockchain market. The key factors of Cardano's success are the special scientific development process and the wide list of companies working on Cardano blockchain. Cardano has gained popularity through such companies as...
FUTURE TIMELINE
COUNTRY FORECASTS
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https://www.pymnts.com/news/artificial-intelligence/2024/83-of-bank-execs-eye-genai-with-hope-and-hesitation/
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Pymnts
The financial services sector has long been a proving ground for emerging technologies. The current era of disruption is no exception to this history. GenAI represents the latest transformative technology reshaping finance and banking. It has applications for everything from enhancing consumer interactions to refining risk assessment models.
FUTURE TIMELINE
COUNTRY FORECASTS
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https://blockchain.news/news/Circle-Launches-Circle-Research-with-Perimeter-Protocol-890bb761-08c4-4f18-a3ec-f77d475037d9
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Blockchain
Circle has initiated 'Circle Research', a new venture aimed at propelling technical advancements in the realms of cryptocurrency, blockchain, and Web3 through open-source investigation. The launching of Circle Research is seen as a step forward in hastening and broadening the scope of innovation...
FUTURE TIMELINE
COUNTRY FORECASTS
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https://cointelegraph.com/news/algorand-decentralized-lending-protocol-algofi-shut-down-by-end-of-year
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Cointelegraph
Algofi, the borrowing and lending protocol built on decentralized finance blockchain Algorand, will soon shut down.According to a July 11 announcement, developers' "belief in the strength of Algorand's technology and novel consensus algorithm has not wavered," however, the Algofi platform will...
FUTURE TIMELINE
COUNTRY FORECASTS
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https://coinjournal.net/news/polygons-agglayer-protocol-for-blockchain-integration-set-to-launch-in-feb/
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Coinjournal
Polygon introduces AggLayer protocol for seamless blockchain integration.
AggLayer aims to unify liquidity and enhance user experience across platforms.
Potential MATIC decline could be offset by the positive sentiment surrounding AggLayer launch.
Polygon Labs is set to launch a game-changing...
AggLayer aims to unify liquidity and enhance user experience across platforms.
Potential MATIC decline could be offset by the positive sentiment surrounding AggLayer launch.
Polygon Labs is set to launch a game-changing...
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https://www.commonsensewithmoney.com/hr-block-tax-software-deluxe-state-2023-refund-bonus-offer-amazon-exclusive-pc-download-just-24-99-3/
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Commonsensewithmoney
Don't miss this price drop - it's back but who knows for how long! Ready to get a deal on tax prep software! Take command of your taxes with a H&R Block tax filing software package. How about this deal? It lets you file electronically for increased convenience, and it delivers data security in...
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https://coinjournal.net/news/liquid-mercury-partners-with-gfo-x-to-provide-rfq-platform-for-trading-crypto-derivatives/
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Coinjournal
Chicago, United States, April 17th, 2024, Chainwire
Liquid Mercury, a leading crypto trading technology provider, announced today that it is providing a request for quote (RFQ) platform to GFO-X, the UK's first regulated and centrally cleared trading venue dedicated to digital assets derivatives....
Liquid Mercury, a leading crypto trading technology provider, announced today that it is providing a request for quote (RFQ) platform to GFO-X, the UK's first regulated and centrally cleared trading venue dedicated to digital assets derivatives....
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https://www.jdsupra.com/legalnews/fintech-in-brief-trends-to-watch-in-2024-6946611/
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Jdsupra
Where will the fintech industry head in 2024? Our fintech and financial services partners make a few predictions below. Artificial intelligence will continue to shape financial transactions, although perhaps in less splashy ways than we saw with generative AI in 2023. For example, everyone from day traders to professional asset managers to CFOs will have better tools to more quickly and efficiently develop and test bespoke investment strategies using AI-based tools.
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https://www.pymnts.com/news/payment-methods/2023/65percent-marketplaces-without-payment-capabilities-plan-add-them/
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Pymnts
Companies across industries are adopting or enhancing. as a way to improve the customer experience and create new sources of revenue. Among the marketplaces and independent software vendors (ISVs) that don't currently offer payment capabilities, 65% plan to add embedded financial products for payment acceptance within the next 12 months, according to " " a PYMNTS and Carat from Fiserv collaboration.
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https://theconversation.com/darwins-sustainable-middle-arm-project-reveals-australias-huge-climate-policy-gamble-206000
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Theconversation
Protesters rallied at Parliament House in Canberra on Tuesday, railing against Darwin's controversial Middle Arm venture which critics say would benefit the gas industry. The project has been thrust into the headlines of late. Northern Territory Chief Minister Natasha Fyles drew the ire of critics last week in a speech to the National Press Club where she insisted her government was "not for turning" on the project.
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https://financialit.net/news/payments/bkn301-brings-digital-payments-taxis-georgia
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Financialit
An agreement between BKN301, a Banking-as-a-Service fintech company with a focus on high-growth markets, and the municipality of Tbilisi enables, for the first time in the country, digital payments on taxis in the Georgian capital, on which until now it was only possible to pay in cash.Through...
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https://www.politico.com/magazine/story/2019/07/11/housing-crisis-single-family-homes-policy-227265
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Politico
Desperate to build more housing, the city just rewrote its decades-old zoning rules.
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https://www.pinsentmasons.com/out-law/news/it-reporting-rules-updated-luxembourg-financial-services
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Pinsentmasons
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https://www.ctvnews.ca/canada/rbc-resolves-technical-issues-with-online-mobile-banking-1.6422730
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Ctvnews
The Royal Bank of Canada has resolved a technical issue that temporarily impacted online and mobile banking.
"We experienced an issue earlier with some functions in online banking and our mobile app and it has now been resolved," an RBC spokesperson told CTVNews.ca on Thursday afternoon. "We...
"We experienced an issue earlier with some functions in online banking and our mobile app and it has now been resolved," an RBC spokesperson told CTVNews.ca on Thursday afternoon. "We...
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https://www.kelownacapnews.com/news/b-c-gets-failing-grade-on-alcohol-policies-from-national-project/
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Kelownacapnews
Substance use groups and universities have issued updated grading of Canada's alcohol-related regulations, which show worsening results for B.The Canadian Alcohol Policy Evaluation (CAPE) project, a comprehensive evaluation and scoring of how the beverages are regulated, found B.garnered a failing grade of 36 per cent - putting it behind six other provinces.
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https://www.swift.com/news-events/news/swift-explores-blockchain-interoperability-remove-friction-tokenised-asset-settlement
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Swift
Institutional investors increasingly are considering investments in tokenised assets as they seek new forms of value — but they face a complex challenge. These investments are tracked on a diverse range of blockchain networks that are not interoperable - each has its own functionality or...