FX without the fees remains something of a Valhalla for most corporate treasurers, but doing it safely is the key. Will stablecoin be the vehicle that finally arrives in the promised land?
The ASEAN Financial Innovation Network (AFIN) is aligning with software firm R3 to enable banks and fintechs to build and test Central Bank Digital Currency (CBDC) applications.
The Bank for International Settlements (BIS) is urging central bank digital currencies (CBDCs) via technological advances as a way to address inefficiencies in cross-border payments.
Striking a balance between innovation and regulation has risen to the forefront in China, where growth and the need for liquidity have heightened systemic risk.
As users turn to virtual alternatives for convenience and cost, traditional financial institutions risk being left behind. Dutch firm Backbase is bringing them into the 21st century.
