Cross-Border Payments Take Another Step Forward on the Blockchain
Swiss financial giant UBS is the latest bank to launch a blockchain-based solution designed to facilitate cross-border payments. With the persistent delays and other challenges associated with international transactions, the financial landscape is evolving to one where individuals can easily move money worldwide. Blockchain’s potential to reduce fraud, lower transaction costs, and increase transparency is […]
The U.S. Is Leading the Way in Embedded Finance
The U.S. has lagged behind other countries in the widespread adoption of financial innovations like open banking and digital assets. However, in the world of embedded finance—where financial products are integrated into non-bank software—the United States is leading the way. According to a report from PSE Consulting and The Strawhecker Group (TSG), a third of […]