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Metaverse to place new demands on payment services - BIS

Finextra

The metaverse could place new demands on payment services that may be better met by central bank digital currencies and retail faster payment systems than by crypto, according to a Bank for International Settlements report.

Metaverse 130
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5 Top Fintech Trends Shaping the APAC Region in 2024

Fintech News

In contrast to recent tech fads like NFTs and the metaverse, the focus on AI and ML is well-justified. Traditional financial institutions are showing a growing interest in digital currencies, a trend driven by market dynamics and technological advancements. billion by 2027.

APACS 98
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Top 15 Fintech Events in APAC to Attend in 2024

Fintech News

Japan Fintech Week 2024’s core event, FIN/SUM , will bring together experts from academia, the technology community, businesses, financial authorities, and central banks, to cover a diverse range of topics, including Web 3.0, Additionally, the event will explore evolving consumer behaviors and their impact on digital banking solutions.

APACS 99
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22 Global Fintech Events to Attend in 2024

Fintech News

Themes in focus during this year’s event will include small and medium-sized enterprise (SME) banking, financial inclusion, payments, digital banking, digital currencies and electronic know-your-customer (eKYC). Fintech Summit Middle East June 26, 2024 The St.

FinTech 126
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Flexible by Design: What Differentiates a Successful Payment Software Platform

Fintech News

Why flexibility is vital Flexibility is vital in payments, given the dynamic nature of markets and emerging concepts like cloud, AI, metaverse , NFTs, and central bank digital currency. Traditional methods coexist with Open Banking and Web 3.0, fostering intense competition.