Current issues in global banking and USD liquidity

How regulators like the SEC define and treat cryptocurrencies is important because it affects both the value of cryptocurrencies, and how likely it is that blockchain technology will thrive in a particular jurisdiction. Just recently China stopped bitcoins (and other cryptocurrencies) shuttering the countries major exchanges. Bitcoin and the other major coins tumbled up to 30% in value in just a few days. In this class we will look at where governments around the world stand on digital currencies, new regulations and protections. Everyone wants to know just how safe and secure their coins and investments are.

We know that more and more banks are moving away from payments acquisition. Look to Santander with PagoNxt or Deutsche Bank’s acquisition of Better Payments; examples where large banks – with large business banking portfolios – are setting up payments capabilities by creating (or partnering with) fintechs. This proves the need for a flexible fintech payment service provider (PSP) that can acquire the technology and systems needed to cope with growing demands from customers. The difficulty lies in scaling up PSPs’ capability to cope with the added stresses that higher volumes – of different payments – will cause.

A year ago the finance world was an entirely different planet than it is today. BNPL companies were at their peak with sky-high valuations and there was easy access to cheap capital. So why are more and more banks choosing to jump on the BNPL bandwagon or expand existing offerings now, when the market has hit such tectonic shifts and fintech valuations are down by as much as 85%?

Financial services firms are undergoing massive digital disruption, and are modernizing their applications to provide superior customer experience, better decision-making, and improved resilience. Redis Enterprise provides the modern data models required to successfully deliver real-time financial services, while enabling organizations to remain secure and compliant.