How Internet-Native Banking Is Reshaping Global Financial Systems
The rise of internet-native banking is transforming how money moves across the globe. Traditional banking systems have long struggled with fragmented processes, delays, high fees, and dependency on intermediaries. In contrast, digital-first financial platforms, often called neobanks, are challenging these limitations with innovative approaches that prioritize speed, transparency, and user control. By linking digital accounts to payment networks like Visa, these platforms allow users to spend digital currencies in everyday transactions, reducing reconciliation issues that have long plagued conventional banking. Such systems also enable nearly instant conversion between local fiat and digital currencies, offering efficiency that legacy banks rarely achieve. … Read more