AI in Banking
Smarter, faster and safer payments.
Article · AI in Banking
Most Americans believe money moves instantly. Card taps, wallet transfers, and P2P apps create the illusion of speed. In reality, large parts of the U.S.
Dato Arif Siddiqui · 7 Feb 2026
Article · AI in Banking
The U.S. has imposed a 46% tariff on Vietnam under a reciprocal tariff approach, while Vietnam has proposed zero tariffs from both sides.
Dato Arif Siddiqui · 8 Apr 2025
Article · AI in Banking
The Announcement of new tariffs caused a huge market sell-off. The top 500 global companies lost $2.5 trillion. This affected many sectors and supply chains.
Dato Arif Siddiqui · 6 Apr 2025
Article · AI in Banking
The United States has recently implemented tariffs on imports from all countries, aiming to address trade imbalances and bolster domestic industries.
Dato Arif Siddiqui · 4 Apr 2025
Article · AI in Banking
Stablecoins are a crucial innovation in the crypto world, providing the advantages of digital assets while reducing the volatility of traditional cryptocurrencies like Bitcoin and Ethereum.
Dato Arif Siddiqui · 2 Apr 2025
Article · AI in Banking
In February 2025, lawmakers introduced a bipartisan bill proposing a 10% cap on credit card interest rates. The bill has sparked a heated debate in Washington, Wall Street, and Main Street.
Dato Arif Siddiqui · 12 Feb 2025
Article · AI in Banking
Alison Jimenez’s article examines the risks of the U.S. having a strategic Bitcoin reserve. Some argue that it could protect against currency instability and enhance global influence.
Dato Arif Siddiqui · 22 Jan 2025
Article · AI in Banking
China has implemented a Central Bank Digital Currency (CBDC) called the digital yuan (e-CNY). It is one of the most advanced and large-scale CBDC implementations globally.
Dato Arif Siddiqui · 9 Jan 2025
Article · AI in Banking
The blockchain technology has revolutionized cross-border payments, bringing forth a myriad of benefits. Compared to conventional means such as SWIFT, blockchain offers swifter, highly secure, and economically efficient…
Dato Arif Siddiqui · 5 Jan 2025
Article · AI in Banking
Globally, QR code payments have reshaped commerce, thriving in countries like China, India, and Singapore. In 2022, mobile payment platforms such as Alipay and WeChat Pay processed $41 trillion in transactions in China,…
Dato Arif Siddiqui · 2 Jan 2025
Article · AI in Banking
This article will explore how banks can incorporate tokens to enable customer deposit accounts, using JPMorgan’s approach as a model.
Dato Arif Siddiqui · 14 Dec 2024
Article · AI in Banking
Blockchain technology is reshaping conventional processes. Drawing insights from Chapter 4 of my book, Blockchain in Banking, this article delves into the transformative potential of blockchain in credit assessment.
Dato Arif Siddiqui · 8 Dec 2024
Article · AI in Banking
The banking industry is witnessing a revolutionary transformation in trade finance. It successfully tackles various inefficiencies, including delays, manual processes, and fraud risks.
Dato Arif Siddiqui · 24 Nov 2024
Article · AI in Banking
I extracted this article from my book, Chapter 2, “Blockchain for Cross Border Payment,” of the book “Blockchain in Banking,” published on Amazon.
Dato Arif Siddiqui · 19 Nov 2024
Article · AI in Banking
I am thrilled to announce the launch of my book, "Blockchain in Banking.", now available on Amazon. You can go ahead and get your copy here. https://www.amazon.com/dp/B0DMWP2QSK
Dato Arif Siddiqui · 15 Nov 2024
Article · AI in Banking
BRICS Pay is a digital payment platform that will transform cross-border transactions within the BRICS block, which includes Brazil, Russia, India, China, and South Africa.
Dato Arif Siddiqui · 31 Oct 2024
Article · AI in Banking
The article summarizes the chapter in my book on cross-border payment, which I am writing for the book "Blockchain for Banking." compares seven prominent blockchain solutions for cross-border payments: Ripple, Stellar,…
Dato Arif Siddiqui · 30 Sept 2024
Article · AI in Banking
In securities settlement, one party transfers securities (like stocks, bonds, or other financial instruments) to another party after a trade has been executed. It involves two key steps:
Dato Arif Siddiqui · 6 Sept 2024
Article · AI in Banking
Quorum is a permissioned blockchain platform developed by JPMorgan Chase, designed specifically for the needs of financial institutions.
Dato Arif Siddiqui · 29 Aug 2024
Article · AI in Banking
The world of cross-country payments is developing, driven by the need for faster, more efficient, and secure transaction methods.
Dato Arif Siddiqui · 25 Aug 2024
Article · AI in Banking
Real-time payments (RTP) have seen a remarkable surge globally, revolutionizing the way transactions are conducted.
Dato Arif Siddiqui · 7 Aug 2024
Article · AI in Banking
The chart from Statista highlights the penetration rates and average annual transaction values per user for mobile point-of-sale transactions across selected countries in 2023.
Dato Arif Siddiqui · 3 Aug 2024
Article · AI in Banking
94% of adults in the USA had a bank account in 2023. Among adults with incomes below $25,000, 77% had a bank account, while 100% of adults with incomes over $100,000 had one.
Dato Arif Siddiqui · 23 Jul 2024
Article · AI in Banking
I'm planning to evaluate various mobile payment solutions, recognizing the vast array of options available, many of which are tailored to specific countries and local currencies.
Dato Arif Siddiqui · 21 Jul 2024
