A Agile Methodology Agile methodology is followed by various IT firms as a project management tool. It is a way to manage a project by breaking it up into several phases. It involves constant collaboration with stakeholders and continuous improvement at every stage. Once the work begins, teams cycle through a process of…

Definition Non-fungible tokens (or simply called NFTs) are unique digital assets similar to cryptocurrency that are managed on a blockchain. From video clips to cover art, they can be anything as long as they’re digital. Unlike standard cryptocurrency, such as Bitcoin or Ethereum, which are fungible, each NFT is unique and…

Introduction The world is witnessing a paradigm shift, more and more startups are being launched which with the help of technology are taking over the world. We understand that everyone has ideas and a few of these ideas have the potential to convert into a successful business. …

The revised Payment Services Directive (PSD2) came into effect this year in January for many countries across Europe. Banks, Fintechs, and other players in the payment ecosystem have worked hard in the last few years setting up their compliance to the new regulation. Once Covid-19 hit and people resorted to…

In order to establish themselves in the highly competitive market space, businesses must be willing to adapt and innovate. What no one actually explains here though is, what actually is business innovation, and in which area of business should you innovate? Explaining business innovation Innovation is when a startup or…

Cryptocurrencies are steadily gaining popularity all over the world but the global regulators have yet not laid down a coherent approach to the taxation policies on crypto assets. Resultantly, there are disparate rules on crypto taxation across different geographies. …

The Covid-19 pandemic has affected every sector including B2B cross-border payments. A recent study done by Juniper Research suggests that the cross-border payments value will only exceed the figures it reached in 2019 by 2022. …

Central Bank Digital Currencies (CBDC) are divided into two different categories: Wholesale Retail What is Wholesale CBDC? A wholesale CBDC is for financial institutions that hold reserve deposits with a central bank. It could be used to improve payments and securities settlement efficiency, as well as to reduce counterparty credit and liquidity risks. A value-based wholesale CBDC would replace or complement reserves at the central bank with a restricted-access digital token. …

The idea of digital currency isn’t new. Biticoin showed how to do it to the world more than a decade ago in the year 2008. However, when it came to adoption of digital currency, governments were in denial. …