SPOKANE — Spokane City Council passed an ordinance Monday banning virtual currency kiosks to protect people from cryptocurrency scams. The Spokane City Council unanimously approved the “Virtual Currency Kiosk Prohibition for a Safer Spokane” ordinance, which eliminates virtual currency kiosks within city limits. PREVIOUS COVERAGE: Special Report: Cryptocurrency scams on the rise Councilmember Paul Dillon
In the ever-shifting landscape of fintech, CIOs are no strangers to buzzwords like “blockchain,” “digital transformation,” and “quantum computing.” Yet, as Pinak Chakraborty, CIO of Airtel Payments Bank, reflects, many of these terms remain aspirational rather than operational realities for most enterprises. “We are far away from using blockchain right now,” Chakraborty admits candidly, adding
The banking sector is undergoing a transformative revolution largely driven by the rapid rise of financial technology, commonly known as fintech. Fintech companies leverage cutting-edge technologies, such as artificial intelligence, blockchain, cloud computing, and big data analytics, to offer innovative financial products and services. This digital disruption has challenged the traditional banking model, which has
Artificial Intelligence (AI) is transforming the way the global banking industry functions. AI is already making banking smarter, faster, and more efficient with applications in fraud detection, customer experience and regulatory compliance. However, the future is even more promising. We have only scratched the surface of what AI can offer, and the global ‘AI in
WASHINGTON, DC – MARCH 07: U.S. President Donald Trump (C) speaks alongside Treasury Secretary Scott … [+] Bessent (L) and White House Crypto Czar David Sacks at the The White House Digital Assets Summit at the White House on March 07, 2025 in Washington, DC. The Summit, which comes a day after Trump established a