News Digest

How decentralized finance will transform business financial services – especially for SMEs

Decentralized finance (DeFi) is emerging as a tool for smaller businesses in developing markets, particularly for remittances and small loans; The transaction banking industry is beginning to see DeFi's potential to overhaul the inflexibility of present processes; Uptake of DeFi in transaction banking could open up new capital opportunities for larger companies and increase liquidity for SMEs.
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