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Global
How FinTech Is Reshaping the Financial Landscape in Developing Economies
According to the International Monetary Fund (IMF), 152 nations around the globe can be classified as developing countries. With a collective population of almost 6.9 billion, this means that less than 12% of the global population exists within a developed economy. In other words, there is still plenty of room for improvement.
03.10.2024
5 min
Global
New Payment Methods for Smart Cities
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
9 min
Global
Key Forces Shaping the Modern African eCommerce Ecosystem
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
4 min
Global
How Can Fintech Partnerships Boost Long-Term eCommerce Resilience?
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
4 min
Global
A Deep Dive into the Evolution of Payment Cards
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
4 min
Global
Asian Central Banks & India’s UPI Unite for Cross-Border Payments
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
3 min
Global
Central Bank Digital Currencies (CBDCs): Prospects for Europe
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
5 min
Our News
The UK’s Payments Landscape in the Digital Age: A Comprehensive Overview
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
6 min
Global
Sustainable Payment Solutions: New Challenges and Opportunities
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
5 min
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