As traditional marketing agencies see a decline in demand, big names are moving into the NFT space to maintain competitiveness.

By 2022, South Korea's NFT market is predicted to be worth $938.6 million, a 47.3% annual increase from 2017. Consistent expansion of the NFT market is anticipated over the projected period, with a CAGR of 33.8% from 2022-2028. The value of national expenditures on next-generation financial t...

Thailand, Singapore, and Malaysia Rushing Towards Virtual Banks

Thailand is planning to establish virtual banks along with its peers Singapore and Malaysia to promote financial technology in an attempt to spur competition and increase access to banking services.

The Bank of Thailand has decided to issue guidelines for banks that are digital by June....

PayPal Coin is a new soon to be Entrant

Highlights:

• Paypal promises smooth transaction and stability with its new development

PayPal Holdings, Inc. is an American multinational financial technology headquartered in California. It is a company that deals in the online payments system ...

LENDERS TO JOIN HANDS TO DEVELOP DIGITAL BANKING INFRASTRUCTURE

HIGHLIGHTS

• Public sector banks are planning to build and share digital infrastructure.
• Not just software, banks are likely to share the hardware used for setting up the back office and servers.

In response to the rapid digital adopti...

Jack Ma's Ant Financial Services looking for setting up 1 billion dollar fund for startups in India and Southeast Asia

Jack Ma’s Ant Financial Services aim to strengthen its holding in the growing mobile internet markets of the region in order to raise near to 1 billion dollars in funding for startups based in India, as well as, Southeast Asia, as per a report in Bloomberg.

The financial technolog...

Cyber threats to banking

Banking in the United States is changing, and the most important factor of the change is that it is going digital just as the rest of the world is doing. The change in the banking sector of the United States has been mostly driven by the rise in the financial technology of the world, and there ha...

Speedbreaker for fintechs in banking

As the digitization is becoming more and more prevalent in all the sectors we are seeing a major change in the banking and finance sector where the new financial technology companies are overtaking the traditional banking systems which have been around for years and decades and are just being ove...