Banking

268 Articles 5 Followers


ISO 20022: What is it? What impact does it have?

7 Aug 2022 2 minute read 0 comments hu5a1n

  What is ISO?  ISO stands for International Organisation for Standardisation. They are a non-governmental organisation that comprise of standard setting bodies from 167 countries, each body representing one country. They collaborate across various f...

Why Crypto is So Hot in Countries Where People Shouldn't Have the Money to Invest (or, Stop Being so Damn Westernethnocentric in Your Crypto Attitude)

4 Aug 2022 4 minute read 0 comments WinterYetiMonkey

Begging your pardon from the beginning if it applies, this article isn't meant to insult. In fact, it's really more about the redistribution of wealth happening electronically today that is upsetting a paradigm that's been in place since the end of W...

Do You Prefer Having Insurance?

2 Aug 2022 2 minute read 0 comments shohana1

Source: canva More or less we are familiar with insurance. There are huge insurance companies around the world doing their business and their business modules are almost alike banking services but there is some differences too. Honestly I'm not that...

Russia Creates Blockchain Alternative to SWIFT

29 Jul 2022 4 minute read 11 comments MintDice.com

In February 2022, the Russian government ordered an invasion of Ukraine because they claim that Ukraine was violating aspects of an agreement between the two countries. Angry that Russia would invade a country unprovoked, an embargo against Russian...

A vintage Warren Buffett-ism for the modern CeFi meltdown

14 Jul 2022 2 minute read 6 comments meg0

The Warren Buffett-ism about "swimming naked when the tide goes out" has recently seen a resurgence. Understanding the origin and meaning of this saying helps explain why it keeps popping up in reference to the current CeFi collapse.  Plus, a semi-re...

Cash App's New Investment Feature

7 Jul 2022 2 minute read 1 comment NickytheClone

               Where We've Been       Many of us are aware of Square's (the parent company of Cash App) incorporation of Bitcoin into its platform. The ability to buy and sell Bitcoin instantly using Cash App was a game-changer that launched Bitcoin'...

The Central Bank of Russia initiate test face for digital Rubel earlier than planed

26 Jun 2022 2 minute read 8 comments Patch

The Central Bank of Russia is moving ahead with its plans to implement a digital version of the Ruble. It is almost like they have some external pressure put on them forcing them to move ahead with the project. Or they can just be very effective and...

Crypto has Already Overtaken Traditional Banking. So What?

14 Jun 2022 3 minute read 0 comments VVoytila

While the title of this post is obviously not true when it comes to things like TVL (Total Value Locked) or the rate of adoption, in some very significant ways, widely understood crypto has overtaken 'traditional' (or rather established) banking. I w...

My thought on blockchains, am I wrong? Blockchains, are they really the bastion of hope the DeFi community we think they are?

4 Jun 2022 4 minute read 8 comments Patch

As I was writing about the Solana Blockchain halt earlier it got me thinking about Blockchains. And I thought I would share my thoughts on it all here with you. And I at least hope you will find that somewhat of an interesting read. That is the goal...

The Devil's Bank Finds God

25 May 2022 15 minute read 0 comments Probs Cheatin

After the financial crisis during the Panic of 1819 began winding down, markets started to turn around and the economic outlook was appearing bright, another internal dispute was emerging in the United States. A war. However, the war was not fought w...