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World Bank: 1.7 billion people around the world don't have bank accounts

By Makkie Maclang, CoinGeek
It comes as a surprise that according to data recently released by the World Bank, 1.7 billion (yes, billion, not million) people from all over the world don’t have access to bank accounts. In this day and age of modern technology where people can create online transactions without regard for regular banking hours, it’s truly shocking that 1.7 billion people still don’t have bank accounts simply because they don’t have access to banks or ATMs. And to think that this number has improved a lot as more than half a billion people finally had access to proper banks in the last three years. ....

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Building Fabriik's Foundation on Blockchain - Market Business News

Building Fabriik's Foundation on Blockchain - Market Business News
marketbusinessnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketbusinessnews.com Daily Mail and Mail on Sunday newspapers.

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Fabriik is Regulatory First on Building Multi-Asset Trading Ecosystem – Bankless Times

Fabriik is Regulatory First on Building Multi-Asset Trading Ecosystem
The crypto space gold rush has been referred to as the Wild West of recent technological advancements, more specifically within the Bitcoin trading and exchanges arenas. Regulators have been slow to act. This could be due to a number of reasons. Perhaps a lack of understanding of the technology plays a role. Historically, regulators do not put a lot of focus until someone gets screwed and yells for help. Regardless, it is a sure bet that we will see regulatory activity in the cryptocurrency sector sooner than later.
When Fabriik’s CEO Roy Bernhard made the decision to build all of its components on blockchain, they not only considered eventual regulatory directives, he planned for it. ....

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Compliance expert Sam Azad abandons traditional financial sector for digital asset space

Compliance expert Sam Azad abandons traditional financial sector for digital asset space
TORONTO, April 27, 2021 /PRNewswire/ Global financial services organisation, Fabriik, announces its latest leadership recruit to their ever-growing team, with Sam Azad joining as Chief Compliance Officer. Azad brings to the table over 18 years experience in Compliance having worked not only at UK regulator, the Financial Services Authority, but also, at household name financial institutions including; KPMG, JP Morgan, Bloomberg and ICAP/NEX Markets.
Over his career Azad has covered a wide range of business lines including broker/dealers, electronic trading, regulated markets, research and data services, as well as media and advertising compliance. ....

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