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What Would it Take to See an NFT Revival?

The Fintech Times

Non-fungible tokens ( NFTs ) took the world by storm in 2020 and 2021, as seemingly everyone discussed the relatively new concept, and some spent significant amounts to become sole owners of NFT art. Most NFTs saw a significant reduction in value as interest in the concept rapidly reduced across the globe.

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Will the AI Hype Die Down or Is It Here to Stay?

The Fintech Times

In 2021, non-fungible tokens (NFTs) took off in popularity seemingly overnight. However, after initial hype, NFTs’ popularity has since fallen off a cliff. In Q4 2021, there were nearly two million active NFT wallets , but by Q3 2023, this number had dropped to 227,000.

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SMB Crypto: Should small businesses issue social tokens (or NFTs)?

Fintech Labs Insights

Case study: It’s still difficult to find non-crypto-industry examples of social tokens in use. What about NFTs? NFTs are another viable route to encouraging and rewarding membership-powered businesses. It’s working great for the NFTs that capture popular attention ( case in point, Gary Vaynerchuk’s VeeFriends , see note 3 ).

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Money20/20 Asia 2024: Leading Fintech Show Makes Debut in Thailand

Fintech News

Money20/20 Asia 2024 in Bangkok, which marks the event’s third location following Amsterdam and Las Vegas, promises a comprehensive platform for professionals across the Asia-Pacific (APAC) region to explore the latest advancements in fintech across a wide range of sectors, including payments, banking, regtech, insurtech, lending, and more.

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Fintech Poised for Greater Innovation and Consolidation in 2024

Fintech News

This will prompt industry stakeholders to heighten their efforts to address cross-border payment inefficiencies through developments in crypto payment systems, the expansion of real-time payment capabilities, and solutions aimed at enhancing foreign exchange management and banking access across different countries.

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As Apple Enters Open Banking a Dangerous Paradox Comes to Light

The Fintech Times

Tech giants are wielding their significant resources and market dominance to reshape the financial landscape, introducing innovations that disrupt traditional banking models. The position of banks, payment processors and credit card companies was so entrenched they lacked any incentive to harness new innovation.

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Behind the Idea: Fils

The Fintech Times

Despite this, progress in boosting sustainability in every respect has been slow, if not non-existent. Fils’ platform is applicable across a broad range of industries, with current partners spanning telecoms, banking, payments and more. The need for action to tackle an ever-present climate crisis is well documented across the globe.