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The 18th annual IFLR European Capital Markets Forum | International Financial Law Review iflr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iflr.com Daily Mail and Mail on Sunday newspapers.
Investment climate bounces back - IFLR's Africa Market Makers Guide launched | International Financial Law Review iflr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iflr.com Daily Mail and Mail on Sunday newspapers.
With the recent announcement that Indonesia’s Bank Jago will go fully digital, the trend of digital banking is on track to open up financial services to populations across the archipelago who have so far struggled to see benefits from traditional banks. Indonesia’s Bank Jago is set to become the country’s first fully digitized bank. While the bank will provide traditional services for accounts, deposits, loans and investments, the bank will not have any physical branches or ATMs. Bank Jago will provide services exclusively online. In December 2020, the bank announced that it would expand its existing strategic partnership with ride hailing service Gojek in order to collaborate on financial ....
On December 18 DBS bank launched a digital currency platform that allows traders to exchange cryptocurrency and investors to fundraise through tokenization. The move makes DBS the first traditional bank to launch such an exchange. Firms and accredited investors will be able to trade in four established cryptocurrencies: Bitcoin, Ether, Bitcoin Cash and XRP. Four fiat currencies the Singapore, US and Hong Kong dollars and the Japanese yen will be also available. DBS said in a press release that the platform includes “fully integrated tokenization, trading and custody ecosystem for digital assets.” The platform aims to enable early-stage companies to trade digital currencies with other financial assets as collateral, providing more options for businesses to raise funds. ....