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  • Blog
    July 14, 2023
    1:18 - Open campus is one of many virtual worlds built by Virbela, most of them private. OC is unique in that it's free and open to the public. It showcases the art of the possible with the platform and it's home to an active community of users, including the entire Virbela team. 4:25 - Not only can we move our digital selves around something we can't do on video calls, we can choose our…
  • Blog
    July 28, 2023
    By 2025, core banking workload deployment on cloud is expected to be 14% of total IT spend. Banks are grappling with outdated applications; data is siloed and trapped within legacy systems and not accessible for customer insights and tailored experiences and services. Regulatory changes in Australia, the UK and U.S., in GDPR and APRA standards for data privacy and operational resiliency, are also…
  • Blog
    August 4, 2023
    "Somewhat disappointingly, I don’t think that first-world countries have made a lot of progress on what I would call the structural policy fronts." "If the rate of return on investing in a road in Zambia is higher than the rate of return on S&P 500, there ought to be some folks in the US who are trying to figure out a way to invest in roads in Zambia.""I don’t think crypto will be a major…
  • Blog
    August 9, 2023
    "Even now, across the greatest part of the planet, cash definitely remains king, and it continues to be the major mode of payment, but there are various estimates that show that as a mode of payment, cash would decline to as low as 5% by 2030 to 2031." "Cash was the only completely anonymous way of storing value over time in exchange. Digital payments have ended that, which has led to multiple…
  • Blog
    August 18, 2023
    Beyond the headlines of a “crypto winter,” a wealth of business-relevant digital currency developments and Web3 opportunities demand C-suite attention.Consumer and business cryptocurrency adoption continues to increase despite the industry’s well-publicized struggles in the past 18 months. According to The Atlantic Council, which tracks CBDC initiatives in 130 countries, 11 countries — Nigeria,…
  • Blog
    July 27, 2016
    If your marketing strategies cost more than they earn, they obviously aren't good long-term marketing strategies. One of the most useful tools at your fingertips for ensuring and increasing your marketing investments' value is predictive analytics. Specifically, using predictive analytics to anticipate an individual customer's needs and wants. Predictive modeling can provide profound insights…
  • Blog
    August 24, 2023
    “Leveling the playing field would be tantamount to people having the same opportunities, equal opportunities, and equal access to finance. Yes, as much as the level playing field will be there in terms of the mode of using this money digitally, there will be some areas where there'll be less equity than others.”“One of the biggest challenges that globally we still have is that we have not really…
  • Blog
    August 30, 2023
    Physical money is slated to become a relic, with digital payment systems becoming the norm around the world. Whether that leads to greater economic efficiency, or a dystopian society—or both—remains to be seen.Despite all the hype, the proliferation of cryptocurrencies will not have a substantial disruptive effect on the major reserve currencies, especially the U.S. dollar. Unbacked…
  • Blog
    September 5, 2023
    For the average person, I am hard pressed to find one use case where these cryptocurrencies provide what is not already handled by existing payment methods. While crypto offers fast and cheap transaction rates, the benefits do not outweigh the risks. It’s hard for me to rationalize a world where the U.S. dollar is not central to trade finance. While I am not an expert on geopolitics, I can…
  • Blog
    September 29, 2023
    "We are completely reimagining how transactions flow around the world, making it possible for banks to seamlessly work together, so that every payment can flow faster and further. It is all powered by transaction manager, which provides a centralized view of transaction data so that all participants can access it simultaneously in real time." "We have developed a solution with the community to…
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