Mobile banking – DIGIT INFO

A brief history of digital banking

DIGIT — Thu, 20 Apr 2023 13:07:00 +0000

Explore a brief history of digital banking, tracing its evolution from early automation to the integration of new technologies, such as IoT and blockchain.

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Silicon Valley Bank Failure Highlights Dangers of Fractional-Reserve Banking

DIGIT — Sun, 12 Mar 2023 20:30:09 +0000

After the failure of Silicon Valley Bank (SVB), a great deal of Americans are starting to realize the dangers of fractional-reserve banking. Reports show that SVB suffered a significant bank run after customers attempted to withdraw $42 billion from the bank on Thursday. The following is a look at what fractional-reserve banking is and why […]

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Nigerian Lenders Frustrating CBDC’s Adoption — Central Bank Governor

DIGIT — Thu, 21 Jul 2022 08:30:38 +0000

Apathetic Nigerian lenders are frustrating the e-naira’s adoption because they are worried this could deprive them of a key revenue source, Godwin Emefiele, the Central Bank of Nigeria (CBN) governor, has said. Emefiele said the central bank is working on a channel that would enable Nigerians without bank accounts to open e-naira wallets. E-Naira Undercuts […]

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Why Africa Continues to Lag Behind in Cryptocurrency Adoption

DIGIT — Fri, 22 Mar 2019 01:50:34 +0000

Africa continues to dominate Google Trends search interest for “bitcoin,” but that has not translated into widespread adoption of cryptocurrency by users and businesses. Apart from opaque regulation and a lack of awareness, one of the major reasons for this failure has been the expansive use of mobile money on the continent. Also read: Report: […]

The post Why Africa Continues to Lag Behind in Cryptocurrency Adoption appeared first on Bitcoin News.

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