BAFT, the American Bankers Association subsidiary association for international transaction banking, today published a white paper highlighting progress on trade digitization in 2021.
Browsing: Digital transformation
How getting the most out of collaboration tools can lead to a better future for banks.
As central banks around the globe explore whether to issue central bank digital currencies, there is a growing recognition that CBDCs involve very significant real-world trade-offs.
The most effective strategies for banks will have digital and brick-and-mortar channels working together to provide the greatest possible convenience and flexibility.
In remarks at a virtual industry event today, Federal Reserve Governor Lael Brainard said the Federal Reserve is sharpening its focus on central bank digital currencies and that it is working on several areas of research about the technology.
The Federal Reserve plans to publish this summer a discussion paper exploring the implications of issuing a U.S. central bank digital currency, Federal Reserve Chairman Jerome Powell said in a statement today.
New standards designed for the digital era would strengthen security, prevent fraud and finally give consumers more control over their money.
The banking industry can be proud of how it stepped up—virtually overnight—to keep society moving in the face of perilous uncertainty.
2020 summoned up all the resources a wealth adviser could provide. The investments banks made in client communications and digital transformation are likely to serve them well in 2021.
Adopting a strategic approach with your servicing communications can build more resilient customer relationships.