Machhapuchchhre Bank Ltd.’s Post

After 6 intense months with the CBMT working group, I'm really pleased that we can present the results of three different proof of concept implementations. In all three, we have shown how #CBMT can bring commercial bank money onto corporate-run DLT networks, allowing companies to transfer funds directly from wallet to wallet, without intermediaries such as banks.   https://lnkd.in/e8xcgykb   The webinar will provide an overview of the CBMT, the PoCs, the key findings of our report and possible next steps. The report itself will be published after the webinar.   #Giralgeldtoken

The "Working paper on Commercial Bank Money Token", published by the German Banking Industry Committee, is a must-read for anyone interested in tokenized deposits and related research. (https://lnkd.in/gRyfjx86) This paper has been an invaluable resource for me while conducting my own research on tokenized deposits, providing crucial insights into the concept of commercial bank money tokens and their potential implications for the banking sector. The German Banking Industry Committee's research explores the benefits, challenges, and regulatory considerations surrounding the implementation of tokenized deposits, offering a comprehensive analysis that is sure to be of interest to anyone in the field. It's worth noting that the German banking industry and related stakeholders are planning to hold a webinar focused on their Proof of Concept (PoC) for commercial bank money tokens, as well as the release of a related report. These resources promise to offer even more in-depth information on their research and findings, making them essential for anyone looking to stay up-to-date on the latest developments in "CBMT". I encourage anyone interested in the future of "CBMT" and their potential impact on the banking industry to attend this webinar and read the accompanying report. I will be closely following the German Banking Industry Committee's work on commercial bank money tokens and look forward to sharing more information as it becomes available. Stay tuned to my LinkedIn and blog for further updates on this topic and other related research in the field of digital money.

Most people are familiar with PIDM’s role in protecting their savings with the bank. But is that all PIDM does? And what else should you know as a financial consumer? Listen to this BFM 89.9 edumercial featuring Afiza Abdullah, Executive Vice President of PIDM, to find out more: https://lnkd.in/gka5X78r #PIDM #FinancialConsumerProtection #DepositInsurance

Sundaramoorthy Pandranki, Lead, Infinity Business Unit at ITSS details why becoming digitally-first is an unnegotiable prerogative for banks across the world. This is your sign to digitize your bank with ITSS. #digitallyyours #yourbanksdigifiedlifebeginswithITSS #ITSSGlobal #digitalbankingexperts #digitalfirstwithITSS #temenosinfinity

GCE form is out Go to any Polaris bank with 27500 for form and a little token for bank charge's 👇👇👇👇👇 https://lnkd.in/dczq4iVJ #letsconnect #letsgrowtogether #letconnects #letsconnecteveryone #letsbuildthefuture #letsconnectnow #letsgrowmore #letsgrow #letsgo

🌸 Exciting news, ladies! SMIB Bank introduces 'SMIB Approva' - a new savings product tailored just for you. Empower your financial journey with style and substance. 💼💰 #SMIBApprova #FinancialEmpowerment #SmartSavings"

Do you know how many Financial Institutions (FI's) are in the US? The topic of ubiquity or universal adoption and networks like FedNow and TCH-RTP often spark discussions. With the FedNow network recently surpassing 1000 FI's, they still only have access to about 10% of all FI's, totaling 9605 (627 Savings & Loans, 4374 Commercial Banks, and 4604 Credit Unions). How long do you think it will take the realtime networks to achieve ubiquity? #Realtimepayments #Fasterpayments #Fednow #TCHRTP

Just finished "Life Without The Bank"?📚 Let's chat. Schedule a call today and let's turn those insights into action. 💼 #withoutthebank #ibc #infinitebankingconcept

If you work for Independent Bank, it's likely that #BeTheDifferenceDay is one of your favorite days of the year. Here's what our team is looking forward to most for this year's BTDD.

In an increasingly online and digital world, mutual banks and credit unions are dealing with the challenge of maintaining critical credit assessment skills that are leaving the industry whilst making sure there is always a focus on members.   In this video, Simo Buzanin (Senior Account Director, illion) sat down to interview Danny Pavisic (CEO, Unity Bank Limited) about how illion’s decisioning software (iDS) has helped the bank automate credit decisions and save time.   The discussion includes why Unity Bank chose to work with illion, how they are helping first home buyers, how they have continued to put members first while scaling up their operations.   Watch the full video here - https://lnkd.in/gCE9SQ69   #MutualBank #CreditUnion #DecisioningSoftware