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NYDFS Wants Cryptocurrency Businesses Pay For Supervision
The New York Department of Financial Services (NYDFS) put up a proposal that would let the department charge crypto firms with state licences for supervision and examination expenses. According to a department press statement, the fees, which are a...
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Fintech Leaders Deeply Concerned About Regulations In 2022
According to the results of a poll of 100 industry leaders conducted in 2021 and 2022, regulatory constraints have doubled in importance for fintech leaders.
As per a Fintech 2022 poll by Alloy and Gartner Peer Insights, nearly one-third (32%)...
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U.S. Treasury Promotes New Crypto Regulatory Legislation
Top financial regulators from the Financial Stability Oversight Council (FSOC), a U.S. regulatory body, recommended to Congress on October 3rd that it pass legislation that addresses the risks that digital assets pose to the financial system, including initiatives to strengthen...
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Banks In The US Utilise Automation To Increase Efficiency
According to VP analyst at Gartner, Saikat Ray, executives across sectors are looking to automation to achieve cost minimization and increased productivity goals, as reported by CIO Dive in August. By the end of 2022, the market for robotic process...
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For African Users, SMB- Fintechs Alter Cross-Border Payments
For many people moving money across borders, the remittance corridors that link African countries to the economies of Europe, the Middle East, and the United States serve as a vital lifeline. In an effort to make transfers quicker, less...
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At 37.4% CAGR Global AI Chip Market To Hit $194.9bn By 2030
The market for artificial intelligence chips was valued at $8.02 billion in 2020, and it is anticipated that it would rise to $194.9 billion by 2030, with a CAGR of 37.4% between 2021 and 2030.
The major market players who...
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Digital Revolution For ESG Investors Through IT Outsourcing
Modern technologies are always with us. We often reap the rewards of their accomplishments without even realising it. The digital transition is ongoing and constantly advancing. Processes are getting better as a result of the ongoing introduction of new...
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