Technology

The Basel Committee on Banking Supervision (BCBS) has recently expressed its concerns regarding permissionless blockchains that are accessible to the public. The BCBS, which sets the global standards for banking regulations, emphasized that the issue does not lie in the public nature of these blockchains, but rather in their permissionless nature. This means that while
Airtel Payments Bank recently unveiled a pioneering smartwatch with National Common Mobility Card (NCMC) technology integration at the Global Fintech Fest 2024. This groundbreaking collaboration between Airtel Payments Bank, Noise, and the National Payments Corporation of India (NPCI) introduces a new era of wearable technology in the banking sector. The Airtel Payments Bank Smartwatch boasts
India’s digital Rupee, also known as the eRupee central bank digital currency (CBDC), is making significant strides in revolutionizing the financial landscape of the country. With five million users already on board during its pilot stage, the eRupee has the potential to transform the way transactions are conducted. RBI Governor Shaktikanta Das emphasized the importance
Cyber hackers have been known to relentlessly target various sectors, with recent attacks focusing on popular brands and celebrities on social media platforms. One such incident involved the hacking of McDonald’s Instagram account to promote a fraudulent memecoin known as ‘Grimace.’ With a massive following of 5.1 million, McDonald’s frequently shares promotional content on the