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11th December,2021

 

Welcome to Emerging Tech Trends (ETT), focusing on technologies shaping the future.

 

In this edition,

Reserve Bank of Australia finds an Efficient Gain in Wholesale Digital Currency : Reserve Bank of Australia (RBA) says a tokenised form of central bank digital currency (CBDC) could be used by the wholesale market for the funding, settlement and repayment of a tokenised syndicated loan on an Ethereum-based distributed ledger technology (DLT) platform to make it  more efficient and less risky.

VISA sets up Crypto Advisory and Consulting Services to Assist its Clients : A consulting and advisory services is to be launched by Visa to help its clients navigate the world of cryptocurrencies while it is also developing products geared towards Stablecoins.

 

Cross-border Payments Frictions: Is API the solution for Fintech and Financial Institutions? : Pressured businesses are on the edge to provide support to the increasing volume of cross-border transactions as eCommerce continues to and will grow, even after the pandemic ends; an efficient and effective utilization of APIs is a better way

 

 

OPPORTUNITIES

Fintech Olympiad 2022 : The Fintech Olympiad 2022 (FTOL) is a competition for all tertiary-level students studying in the Greater Bay Area. Fintech Olympiad seeks to bridge the gap between academia and industry for students to deeply understand the fundamentals of fintech and how to apply those principles in practical settings by providing series of training to the participants on deciding solutions with applying fintech for students to delve deeper into the fintech world, giving them an amazing opportunity to explore their knowledge and put them into applications for the real world.

EVENT

About Fraud Webinar: Authourized Push Payment Scam- How Do We Push Back? : Speakers, Iain Swaine, the Director of Global Advisory at BioCatch, Paul Davis the Director of Fraud at TSB and Ronald Praetsch, Co-founder and Fraud Consultant are set to cover how banking customers have been impacted by Authorised Push Payments (APP) in 2021 and explore the role that Behavioural Biometrics plays in the prevention of social engineering scam and will also cover some ‘quick wins’ one can focus on to help prepare for the risks of social engineering scams in 2022.

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