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In parallel with the need for greater vigilance against cybercriminal threats, an insurtech initiative now compensates victims when all else fails.

Identity or key cards not needed: one wave of your hand and the VeinID system will authenticate your identity…

Hacks will continue because of loose or zero regulatory oversight over the lopsided interests of buyers and sellers, says one expert.

These Central Bank Digital Currencies (CBDCs) can foster financial inclusion and modernize the global payments ecosystem, with concept testing already underway. With the global economy racing to embrace digital payments, the central banks of various countries are also investigating ways to support innovation while maintaining monetary policy and financial stability when issuing and distributing currency.

By launching a one-stop digital channel and mobile app to catch the wave, the bank hopes to stay relevant and user-friendly. As the popularity of investing via digital channels grows, consumers want an easier and faster way to move their money to and from their bank accounts. At the moment, we usually need to switch between the mobile apps of various banks to juggle our finances and investments.

To remain resilient and battle-ready, Standard Chartered Bank has decided on a...