In 1994, Amsterdam launched an initiative entitled De Digital Stad — The Digital City. Unfortunately, this programme was discontinued in 2004. Even so, it is widely hailed as the beginning of smart cities as we know them today.
26.09.2024
The African continent is home to a distinct eCommerce ecosystem that is extremely dynamic, diverse, and forward-looking. It is also an environment that is continuously evolving in response to various internal and external influences, which creates both opportunities and bottlenecks for its key players.
18.09.2024
Throughout the years, we have witnessed the growing popularity of eCommerce around the world, all despite economic fluctuations and global uncertainties. This trend affirms resilience as one of the sector’s key characteristics and presents plenty of opportunities to enhance it further through strategic collaborations.
12.09.2024
The financial landscape is evolving rapidly, with novel digital payment methods emerging continuously and cash use declining fast. Yet, even among these major shifts, debit and credit cards managed to keep their position at center stage. In fact, in 2022, global card networks facilitated a staggering 624 billion transactions, representing a 7.5% increase from 2021.
10.09.2024
India’s United Payment Interface (UPI) is set to connect with the central banks of four forward-looking Asian countries to create an instant cross-border retail payments platform. This initiative is executed under the guidance of the Bank of International Settlements (BIS) as part of Project Nexus - a set of efforts for enhancing cross-border payments.
06.09.2024
Since the nineties, central banks have been exploring the possibilities of digital currency, beginning with Finland’s Avant e-money card, launched in 1993. This invention didn’t make it far past the beginning of the new millennium, but many today still view it as the first central bank digital currency (CBDC), even if it wasn’t described as such at the time.
04.09.2024
The global payment scene is quickly shifting from traditional cash transactions to digital and contactless payments, urging countries to adjust their financial infrastructures and policies. As this process is happening, some jurisdictions stand out as pioneers in embracing and facilitating this critical change.
28.08.2024
Sustainability has become something of a buzzword these days — but for good reason. Last year, the Intergovernmental Panel on Climate Change (IPCC) published a synthesis report confirming that climate change is steadily worsening, with greenhouse gas emissions having reached record levels. However, it isn’t all doom and gloom; according to the IPCC, we can still turn things around — and with the future of our planet and our species at stake, it is vital that we take the necessary action to do so now.
22.08.2024
Around the globe, card schemes and regulatory bodies are actively pursuing efforts to enhance payment security for consumers. In Japan, for instance, significant measures are being implemented with the revision of the 3D Secure (3DS) protocol as part of the nation’s Credit Card Security Guidelines.
19.08.2024
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