The Currency Scene
What Africa’s Banking Industry Needs to Do to Survive
- Written by: HBR
- Category: Banking
Across Africa, banking is being redesigned. Technology has emerged as a competitive weapon in driving operational excellence and superior service quality. While the banks compete among themselves, they face existential threats from amalgam of entities, not necessarily possessing bank licenses.
Tokenized securities on blockchain are here. And they’ve been around for a while
- Written by: Aikon
- Category: Digital Currency
Remember tokenized securities or securitization with tokens on blockchain?
With the entire year in crypto defined by a maelstrom of projects embarking on decentralized finance (DeFi) aspects to their products, it can be easy to forget that previous advancements in blockchain-based technologies have continued to make great headway in terms of adoption and application.
The simple reason you should move your money to an online bank
- Written by: QZ
- Category: Banking
Would you pay a 23% fee to access your own money? That’s how much, on average, Americans are forking over when they withdraw $20 from an ATM that doesn’t belong to their bank.
Understand mobile banking before using it
- Written by: ABQ Journal
- Category: Mobile Banking
Mobile check deposits are becoming increasingly common, but a few safeguards are needed to keep the practice safe. An Albuquerque woman found this out in an unsettling way.
Bitcoin Mining - Do You Have the Energy to Profit?
- Written by: Matthew S Daye
- Category: Digital Currency
From its creation in 2008 by a mysterious individual who calls himself Satoshi Nakamoto, the bitcoin Digital Currency has spawned financial innovation and a new specialty in global IT production. Despite there being a mere $3.8 billion bitcoin in circulation, price collapse and security breaches, bitcoin serves well as a currency because there is limited supply, it’s tough to earn and easy to authenticate.
Mobile Phones Promise to Bring Banking to the World’s Poorest
- Written by: HBR
- Category: Mobile Banking
Roughly 2.5 billion people around the globe living on less than $2 per day are about to benefit from the power of banking brought to them on mobile phones.
Do You Have a Generic Banking Brand? Or a Niche Focus?
- Written by: Kevin Tynan, The Financial Brand
- Category: Banking
Community-based institutions must serve a specific niche in order to survive. Do you know what your unique position is in the market? Or do you have a generic brand? A marketing plan is just not enough.
