Future of Money

Digital Transformation in Banking

Digital Transformation in Banking by Essentials is the daily digest that only curates the most insightful news from trusted experts in the industry of online banking. Discover all the latest in digital banking trends, find out what's in store for the future of fintech, and much more.

Top news of the week: 17.11.2022.

#fintech
#finserv
#financialservices
#CBDC
#crypto
#digitaltransformation
#banking
#scaleups
#startups
#investing

@bitcoinagile shared
On Nov 15, 2022
Modus expands to sub-Saharan Africa with the launch of its AI and #blockchain-focused $75M fund @TechCrunch https://t.co/6PCONUDxal https://t.co/VSBC0fhrIj
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Modus expands to sub-Saharan Africa with the launch of its AI and blockchain-focused $75M fund

Modus expands to sub-Saharan Africa with the launch of its AI and blockchain-focused $75M fund

New York-based venture platform Modus launches Modus Africa, a $75 million VC fund for AI and blockchain startups across sub-Saharan Africa.

@CoinDesk shared
On Nov 16, 2022
Crypto, with increased adoption, will lead to a more equitable and inclusive financial system. But not if we continue to expect new users and veteran users left shouldering the risk alone. @insurenimble's Adam Hofmann (@ahrevival) writes. Opinion. https://t.co/pbK5CWov4t
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Crypto Needs an FDIC-Like Protocol to Prevent Liquidity Crises

Crypto Needs an FDIC-Like Protocol to Prevent Liquidity Crises

How does the FTX fallout resemble the history of bank runs?

@efipm shared
On Nov 17, 2022
RT @richardturrin: NY Fed, 8 banks to test digital dollars on Regulated Liability Network Wholesale #CBDC network, tokenized and programmable. @LedgerInsights Follow! #fintech #finserv @psb_dc @BetaMoroney @efipm @BrettKing @spirosmargaris @enricomolinari @jimmarous https://t.co/K81vZo2oZC
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NY Fed, 8 banks to test digital dollars on Regulated Liability Network

NY Fed, 8 banks to test digital dollars on Regulated Liability Network

The New York Federal Reserve has launch a digital money test involving 8 banks trialling the regulated liability network blockchain

@matwg shared
On Nov 16, 2022
RT @blockchain: As the #crypto industry becomes more ingrained in people’s lives, we are delighted to welcome former U.S. Comptroller of the Currency Joseph Otting to the https://t.co/0DZyULb31t board of directors. Find out more on our blog: https://t.co/rN7DyKguXn
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Welcoming Former Banker and U.S. Regulator Joseph Otting to the Blockchain.com Board of Directors

Welcoming Former Banker and U.S. Regulator Joseph Otting to the Blockchain.com Board of Directors

With over a decade of innovation within crypto, Blockchain.com has earned its longevity by being one of the most stable players in the…

@FINTECHCircle shared
On Nov 17, 2022
🗞️Digital is a mindset, not a project!🗞️ Read on to learn why digital change needs to be overnight, not over days, months & years... Read More 👉 https://t.co/E7v8W087ar #fintech #financialservices #startups #scaleups #funding #investing #SMEs
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Digital is a mindset, not a project

Digital is a mindset, not a project

FedNow is a new faster payments service for America. It’s been developing for years, and will go live in 2023 and yet, in conversation with an American friend, only 1 in 10 banks are ready ...

@financialit_net shared
On Nov 16, 2022
UAE’s Invest Bank Selects @Temenos Banking Cloud to Accelerate Digital Transformation with NdcTech. Read more: https://t.co/TWWB65ZwW6 #cloud #banking #digitaltransformation #uae #bank #FinancialIT
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UAE’s Invest Bank Selects Temenos Banking Cloud to Accelerate Digital Transformation with NdcTech

UAE’s Invest Bank Selects Temenos Banking Cloud to Accelerate Digital Transformation with NdcTech

Invest Bank, a premier commercial bank in UAE, has selected Temenos (SIX: TEMN) to take its digital and core banking to the cloud, in partnership with NdcTech. Invest Bank will adopt an ...

@efipm shared
On Nov 14, 2022
RT @albertogaruccio: Climate engagement fintech ecolytiq offers green banking product for free during COP27 - Fintech Finance https://t.co/ymJOeZ9Ln1 #fintech #finserv @RalexJimenez @FinMKTG @Damien_CABADI @clagett @BristowColin @UrsBolt @efipm @Xbond49 @insurtechforum @jblefevre60 @BetaMoroney @J…
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Climate engagement fintech ecolytiq offers green banking product for free during COP27

Climate engagement fintech ecolytiq offers green banking product for free during COP27

ecolytiq are offering its product suite for free for the first three years to those who commit to working with them by the end of COP27

@FintechSIN shared
On Nov 17, 2022
Agile Banking Transformation: A New Era in Banking. https://t.co/eG0KTey6KV @economistimpact @Mambu_com #fintech #financialinstitution #financialservices #banking #cloudnativecore #digital #report #digitaltransformation https://t.co/fSJ81Qa9G1
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Agile Banking Transformation: A New Era in Banking

Agile Banking Transformation: A New Era in Banking

The world of financial services is in a state of constant change, with many traditional banks across APAC pursuing digital transformation.