Discover and read the best of Twitter Threads about #Banking

Most recents (24)

#MCMasterclass โšก๏ธ Why is there a #CryptoCrash and whatโ€™s next? ๐Ÿค” @darshanbathija of @VauldOfficial discusses with Moneycontrol's @chandrarsrikant.

Missed the LIVE? Watch for highlights ๐Ÿ‘‡

#Crypto #Cryptocurrency
What's next for this asset class? ๐Ÿง

Find out from @darshanbathija of @VauldOfficial with Moneycontrol's @chandrarsrikant on #MCMasterclass.

Watch the highlights ๐Ÿ‘‡

#Crypto #Cryptocurrency #CryptoCrash
Why is it that crypto space doesn't have #banking support? asks @darshanbathija of @VauldOfficial to @chandrarsrikant.

Watch on #MCMasterclass โšก๏ธ

#Crypto #Cryptocurrency #CryptoCrash
Read 10 tweets
#MCPersonalFinance: To help you save on your travel bookings and to make the most of your holidays, we have here the best travel #creditcards available in the market for both domestic & #InternationalTravel. โœˆ๏ธโ€ฆ

by @thanawala_hiral | #Travel | @kayezad
@thanawala_hiral @kayezad All your bags are packed, you're ready to go. The third wave has eased and destinations far & near beckon.โœˆ๏ธ

But before you book that #ticket there are a few things you should keep in mind. Read๐Ÿ‘‡โ€ฆ

by @thanawala_hiral | #Travel #MCPersonalFinance @kayezad
@thanawala_hiral @kayezad #MCPersonalFinance: While traveling abroad for holidays, some of us withdraw money using our ATM, credit or debit cards, but unknowingly pay hefty fees.

Check charges for using credit or debit cards abroad๐Ÿ‘‡โ€ฆ

by @thanawala_hiral | #Travel | @kayezad
Read 10 tweets
The banking sector has been an underperformer since COVID. What makes it so interesting now? (1/8)

#bankingsector #COVID19 #investing
The banking sector is the backbone of our economy. The health of our banks has always played a major role in our economic growth journey. (2/8)

#india #economy #banks
With the introduction of the Asset quality review in FY15-16, banks' asset quality has been under pressure. This was further aggravated by events such as demonetisation, GST, and the IL&FS crisis. As a result, the GNPA ratio for Banks rose to 11.2% in FY18 vs 4.3% in FY15. (3/8)
Read 8 tweets
1/ Ever wonder how the invention of coinage gave rise to two of humanity's biggest vices?

Time for a thread! ๐Ÿงต๐Ÿ‘‡
2/ Based on texts from the Greek writer Herodotus, it is now commonly accepted that the Lydians, who ruled over a vast kingdom located in what is today western Turkey, minted the first coins sometime around 630 BC.
3/ Many of the most innovative concepts in today's digital assets space - like fractionalization and tokenization - were actually introduced by the Lydians, who would mint their coins in various weights.
Read 12 tweets
1/ Did you ever wonder where some of the most commonly-used terms in the world of finance and banking originated, like bank, algorithm, and million/billion/trillion?

Time for a thread! ๐Ÿงต๐Ÿ‘‡
2/ Many of these terms actually originated during the Renaissance, in which Italian bankers took a pioneering approach to push the practice of banking forward.
3/ Interestingly enough, the Renaissance didnโ€™t begin as a movement in art, but rather as a practical revival of mathematics to help bankers and merchants perform the increasingly difficult tasks of converting money, calculating interest, and determining profits and losses.
Read 11 tweets
Financial Inclusion via Digitisation in India: A ๐Ÿงต๐Ÿ‘‡๐Ÿฝ

#Indiastack #AadharStack #finance #InnovationForEveryone
A digital infrastructure known as the India Stack is revolutionising access to finance for everyone in the country
Innovation in digital finance means that millions of people in the formal and the informal economy can now accept payments, settle business transactions, and do funds transfer across the country with just a few clicks on their smartphone !๐Ÿ“ฒ

#UPI #GST #India
Read 35 tweets
Do credit #underwriters, at banks, actually read the credit memo and the financial risk/credit scorecard attached and prepared by the analysts with the credit proposal?
In some jurisdictions the Head Office, Credit Committee Members don't even give a damn about the due diligence
#Bankers should not keep the Credit Manual for the Auditor's pleasure.

I don't want to expand on this one more.
And with the implementation of the @BIS_org Accords over the years, bankers have still not updated their manuals, policies, strategies, etc
Some bankers, especially credit back office, RMs, and Middle Office Risk Analysts still don't factor in credit risk metrics as required.
Read 8 tweets
Hey, you! Are you interested in the crypto / DLT markets?

If so, did you know there are red flags that need to be investigated behind the $XRP lawsuit from the @SECGov?

It's called a conspiracy, but there is a lot of physical evidence that is being ignored.

Thread๐Ÿงต โฌ #XRP
@SECGov 1. We did this for the #XRPcommunity because we stand for truth.
We stand for unbiased technology-neutral legislation.
We know $XRP is not a security. The only country in the world that thinks its a security is the USA because of biased officials in power.

See the facts belowโฌ
@SECGov 2. First of all a big shoutout to all #crypto citizens that are standing up and pointing out the red flags behind some SEC officials.

This thread and visuals are based on facts from @JohnEDeaton1 @CryptoLawUS doc library.

#XRP $XRP #XRPCommunity #SECfreepass #ETHfreepass #DLT
Read 17 tweets
Throwback to 2018 Edition of Electronic Payments International News Release:

Cover story on @Ripple

--Quick Thread of the Ripplenet / $XRP mentions--

#Ripple #DLT #Blockchain #XRP #XRPCommunity
#DigitalAssets #NotASecurity #fintech #news #Throwback #ripplenet #payments #2018
2. This document talks about $XRP and @ashgoblue states PNC hasn't adopted #XRP.

@ashgoblue do they still just use X Current?

If anyone found anything that shows they adopted XRP post in the comments.

#fintech #discussions #news #oldschool
Read 5 tweets
The Indian Stock Market consists

โ€ข 3+ crores Investors
โ€ข 4000+ Companies
โ€ข 100+ Sectors
โ€ข 200+ Ratios
and the list goes on...

How to find good ๐—ฐ๐—ผ๐—บ๐—ฝ๐—ฎ๐—ป๐—ถ๐—ฒ๐˜€ using suitable ๐—ฟ๐—ฎ๐˜๐—ถ๐—ผ๐˜€ of growing ๐˜€๐—ฒ๐—ฐ๐˜๐—ผ๐—ฟ for ๐—ณ๐—ฟ๐—ฒ๐—ฒ

Let's find out.โคต๏ธ
Imagine yourself in a library. ๐Ÿ“š

Between sweet smell of books & N number of wooden shelves, you want your favourite book.

Now, will you browse the whole library one by one for that book or just visit the particular section the book belongs to?
95% will choose the second option.

โ€ข It's smarter.
โ€ข Time saver.

Well, then why don't we do the same while picking stocks?
Read 24 tweets
SEBA Bank Joins ADGM!๐Ÿค

This is huge for $XDC! ๐ŸŒŽ๐ŸŒฑ

I show the power partnerships in this picture... ๐Ÿ‘€๐Ÿงฉ

@inside_r3 Corda < @lab577 @DASL_Me Bridge < #XDC Network

--Thread Below--โฌ

#DLT #ADGM #crypto #blockchain #research #MLETR #Enigio #dDOC #CBDC #Digitalassets #fintech
๐Ÿ“žWake up call to do research & stop sleeping on $XDC

@DASL_Me + @inside_r3
DASL + @XinFin_Official
DASL + @BCBcrypto

Powerhouses laying foundational rails for traditional finance.๐Ÿš‚

#fintech #banking #tradFI #XDC $XDC #Deep #research #DLT #Blockchain
Any deniers that don't believe me that $XDC is connected to R3 Corda

Here are some sources you can spend some hours reviewing.

I've done my research and don't need to explain to anyone when the info is all here๐Ÿ‘‡
#XDC $XDC #R3 #Corda #Connected
Read 16 tweets
In 2017 the IMF Managing Director Welcomes Establishment of High-Level Advisory Group on FinTech

Look who is on that board...๐Ÿ‘€โ€ฆ

--Quick IMF Connections Thread--
@Ripple @chrislarsensf #IMF #DLT #Blockchain #fintech $XRP #XRP #XRPCommunity #Connections ImageImage
1. In 2018 The Bali Fintech Agenda was created:

A Blueprint for Successfully Harnessing Fintechโ€™s Opportunitiesโ€ฆ

#Blockchain #DLT #XRP $XRP #fintech #IMF #standards #crypto #finance #banking #openbanking #BFA #topoftheworld
Read 6 tweets
New CBDC Paper "New Era for Money"


"End is near for unregulated stable coins and
lists @Tether_to fraud as an example"

Regulations incoming soon?

#CBDCs #stablecoins #money #fintech #DLT #regulated #research #banking
Does this connect with #ripple #Quant?๐Ÿ‘€

1. Project "New Era"

Awesome name to describe exactly the revolution we are going through!

My question since this is talking about CBDC is the UK does this connect with @Ripple & @digitalpoundfdn

#CBDC #ripple #h
2. Lists problems with UNREGULATED stable coins:
โ€ข Digital Runs
โ€ข Dollarization
โ€ข Concentration Risk
โ€ข Disintermediation risk
โ€ข Consumer & Investor Fraud
#stablecoins @Bitfinexed
Read 20 tweets
I happened to get started in payments & banking, because the technology company that I had founded, went bankrupt. Totally broke. For many years I told people, I decided to move on. That's not the truth. We were as broke as fuck by 2008. By 2010 it was time to packup.
By the time I turned 40 in 2010 (yes, do the math as to how old I am today), I was looking for a place to start anew in. One colleague in @StateBank_Pak gave me the challenge to find an ACH processor (in the US) that would process remittances for #Pakistan.
How hard could that be? Well, it was fucking hard. Every time someone heard the word "Pakistan" the phone went dead, the email communication ceased or I was bluntly told, PK is not a territory they can work with. Fuck that I said. I keep on trying.
Read 19 tweets
New IMF Document Released Jan 26, 2022.

Blockchain Consensus Mechanisms - A primer for global IMF supervisors.
Differences between PoW, PoS, DPoS, & fBFT ($XRP $XLM)

#XRP #XLM Mentioned! #regulated #research #blockchain #DLT #XRPCommunity
--Thread of important quotes--
1. This is a very important document as the IMF represents a consortium of 190 countries and pushing for carbon-neutral countries by 2030.

They are sharing their views in which supervisors around the world will read and use this information to help form their opinion.
2. If you want a video overview I took 4 hours to edit and record this full document overview.

Timestamps and info are in the thread / Video description to make things easier as well!

#XRP #XLM #Cryptocurrency #XRPCommunity #XRPARMY

Read 26 tweets
#Banks: Central Bank #DigitalCurrency, #blockchain, #RBI, National Bank for Financing Infrastructure and Development, 100% of post offices will be connected to the core banking system

#Telecom: Rollout of 5G, Production Linked Incentive Scheme, Optical Fibre in villages
#Health: National #DigitalHealth Ecosystem Platform and National Tele #MentalHealth Programme

#Education: 'One class-one TV channel' Programme, #DigitalUniversity, 750 virtual labs, Foreign institutions in #GIFTCity
Read 7 tweets
Want to be in the top 1%?

Find the blockchain projects 99% aren't looking at.

I've done 1000s of hours of research on some of the best projects and compiled them into educational threads for other citizens to research

Here are some of my deep dives๐ŸŒŠ

--Thread of Threads-- Image
My focus is on long-term utility blockchain/ DLT projectsโ›“

Not short-term meme coins

These threads will cover:

โ€ข CBDC's
โ€ข IoT + IoV
โ€ข Innovation
โ€ข Supply chain
โ€ข Data protection
โ€ข Paperless trade finance
โ€ข Cheap payment infrastructure
โ€ขย Interoperability of DLT ledgers Image
Read 18 tweets


In several months past,there have been numerous reports of fraudulent transactions on clients' accounts via E-channels.

Here are a few of the reasons why banks are "hesitant to assist."

#Bank #Nigeria
1. INDEMNITY: When you want an E-banking Solution (ATM, Mobile/Internet Banking, etc.), you must fill out and sign an Indemnity Form. Simply put, you are accepting culpability for fraudulent transactions that occur on your account through such e-channels and absolving the bank,
of any legal repercussions.

Now, if the bank discovers that the fraud was due to your negligence, "OYO" is your name.

2. RESOURCE CONSTRAINTS: Even if the bank decides to assist with the investigation, manpower and time are not luxury "things" that can be spared.
Read 13 tweets
#Budget2022 wish list:

Congratulations to @nsitharaman and @PMOIndia to guide our country thru this #pandemic period. You have avoided excesses of many countries during this period. Thanks to that #India is touted as the next preferred #investment destination.
It is dream of our Hon #PMModi to reach $5 trln economy very soon. For that, besides Govt spending, you will need help from citizens to save, invest and channel the same to productive use through investment vehicles like Mutual Funds.
Our #MutualFund Industry has grown from 25 lac crs to currently 37 lac crs and likely to touch 100 lac crs.

#MF mobilizes #savings of all #Investors - #retail, #HNI, #Institutional and helps in growing our economy by participating in #Debt and #Equity - key drivers for growth
Read 15 tweets
2021 Regulated Fintech Review:

$XDC Network joined the TFD Initiative to revolutionize global trade finance with Tier 1 Banks & SMEs

#Fintech #Banking #TFD_Initiative

Blockchain Technology for Cross Border Trade

@iccwbo @UNESCAP @ITFAworldwide

#MLETR #dDOC @tradefinglobal
@EnigioTime is changing trade finance & Swift with
Centralized to Decentralized File transfers๐Ÿ“„

Settle in 2 seconds & .000001 centfee

They gonna help remove trillions of $ in costs due to untrackable paper in the supply chain by digitalizing documents

@tradefinglobal @swiftcommunity China Systems @FinastraFS @traydstream @ITFAworldwide

@EnigioTime they are using a quality solution people will be able to use for the digitalization of company invoices and documents!

#dDOC #MLETR #Nomorepaper #Digitalization #eBL
Read 9 tweets
CBDC's in Cross Border Payments - World Bank

So I read this 46-page document

I found some interesting pieces of information so this thread will dive into some of my thoughts

I also found some errors the @WorldBank needs to fix in regards to $XRP

#XRP $XLM #XRPCommunity #XRPL
First of all, thank you to the writers that created this

There was a lot of great information on CBDC's and possible structures that the infrastructure could be built on.

But I am not going to cover the CBDC stuff in this thread.

#Project #Ubin #Stella #Jasper #R3
Great description for beginners of what Distributed Ledger Technology is.

World bank mentions lack of interoperability but there are two great solutions for that:
1. @quant_network - #Overledger Solution
2. @Interledger - Interledger Protocol ILP

#DLT #Blockchain
Read 15 tweets
A citizen's vision on the future of the global trade finance industry and some of the main players leading the 4th Industrial Revolution in the global supply chain๐ŸŒŽโ›“๏ธ

This is a technical deep-dive thread on regulated technology initiatives

#globaltrade #Finance #DLT #fintech
Digitalization of documents will automate and remove the mess and expense of paper (eTRs). It will also create an auditable fraud detectable ledger of transactions in which will collect big data that AI can learn from to improve efficiency
#DLT #Blockchain
Digital documents create a "Digital Twin" that is fully trackable through the lifecycle of the trade documents journey. Paper documents could not do this.

This will allow ports and shipping companies to see where their items are in transit and what to expect

#Supplychain #dDOC
Read 21 tweets
Trading using Relative Strength:

A thread (๐Ÿงต)...
Relative Strength(RS) has emerged as one of the most sought-after indicators by Indian #traders. But, what makes it so special? ๐Ÿ‘‡
In simple terms, Relative Strength refers to the measure of the price #trend of a #stock, compared to its Benchmark index/Sectoral Index๐Ÿ‘‡
Read 11 tweets

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