Category Archives: Finance

04Oct/23

Are NFTs really dead and buried? All signs point to ‘yes’

John Hawkins, University of Canberra

Non-fungible tokens (NFTs) are in dire straits. With the market in a severe downturn, it’s safe to assume the NFT bubble has well and truly burst.

It was never clear why these digital collectables traded for such large amounts of money. Now they mostly do not. What’s behind their turn of fate? And is there any hope for their future?

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03Oct/23

Wirex Reveals W-Pay: The Revolutionary ZK-powered App Chain for Seamless Issuance of Non-Custodial Crypto Debit Cards

Wirex, a leader in digital payment solutions, proudly announces W-Pay, a cutting-edge Zero-Knowledge (ZK)-powered App Chain poised to transform the landscape of global payments. Designed to seamlessly connect decentralised applications, non-custodial wallets, and traditional payment infrastructures, W-Pay heralds a new era of efficiency and security in financial transactions. Continue reading

20Sep/23

Surveillance in the age of WhatsApp webinar by the London Stock Exchange Group of companies (LSEG)

The key takeaways of the “Surveillance in the age of WhatsApp” webinar by the London Stock Exchange Group of companies (LSEG) are as follows: Continue reading

05Sep/23

Wirex chooses Polygon CDK to build its upcoming payment-focused App Chain

Wirex, a global leader in crypto payments with over 6 million users, is using the Polygon CDK (Chain Development Kit) to build its payments-focused App Chain (W-Pay). Wirex has opted to use the Polygon CDK, an open-source codebase for launching ZK-powered L2 chains for Ethereum, on demand, to build its own payments-focused L2. All chains deployed using Polygon CDK are interoperable, with automatic access to the unified liquidity of all Polygon chains, and one-click access to the entire liquidity of Ethereum. They also offer the enhanced security of zk proofs and near-instant finality. Continue reading

19Aug/23

The Fintech Fueling Europe’s Digital Currency Revolution: Perfinal’s Role in Europe’s first Live CBDC Project

Europe has recently witnessed the launch of its first live Central Bank Digital Currency (CBDC) project launched by The Central Bank of Hungary, with Perfinal taking center stage as the fintech backbone of this monumental transition. This remarkable initiative places Perfinal at the forefront of a digital currency revolution, as the financial world grapples with blending traditional mechanisms with new-age digital innovations. Continue reading

17Aug/23

The “Digital Wallet Race” Intensifies as Banks and Fintechs in Europe and Around the World Invest in Insurance: Chubb Survey

A new survey from Chubb, the world’s largest publicly traded property and casualty insurance company, reveals that a majority (56%) of financial executives involved in insurance decision-making globally expect to generate more than 10% of their revenue from embedded insurance within three years. Today, just 11% of firms in Europe report that level of revenue, compared to 20% globally, but 62% say their customers are interested in obtaining embedded insurance. Continue reading