The Basel Committee has published its Digitalization of Finance report on the implications of digital finance for banks and supervision. Building on a 2018 report, it highlights benefits and risks …

A recent study by Juniper Research predicts a significant increase in global banking-as-a-service (BaaS) revenue, from USD 36.4 billion this year to an expected growth of 158% by 2028. The …

A recent IFC survey involving 114 fintech firms in emerging markets explored how these firms view financial inclusion for women. The Her Fintech Edge: Market Insights for Inclusive Growth report …

Open banking and digital wallets are having a transformative impact on the MENA region’s fintech sector. Open banking, which allows third-party providers to access banking data through APIs, combined with …

Greenwashing has become a significant concern, with a 2022 Google Cloud report indicating that 58% of executives believe their companies exaggerate environmental impacts. Despite efforts to eliminate greenwashing, Ivalua’s research …

Central bank digital currencies (CBDCs) are becoming a focal point in global finance, with various countries at different stages of development. In fact, 4 monetary authorities – the Bahamas, Eastern …

Buy-now-pay-later (BNPL) services are facing a pivotal year in 2024, particularly as related to evolving consumer preferences and regulatory challenges. While experts are predicting continued growth for BNPL solutions, they …

In the last 5 years, the fintech sector has seen a significant shift towards sustainability. This trend, however, has led to unintended greenwashing. While research by Ivalua (a cloud-based spend …

The future of money is often characterized by tokenized deposits, stablecoins and central bank digital currencies (CBDCs). While very similar in terms of what they offer, their key distinguishing factor …

Trust in cryptocurrency markets has been significantly eroded by numerous events in recent years (e.g. FTX’s bankruptcy in 2022, which wiped out its USD 34 billion valuation overnight). These events …

Mastercard has released a comprehensive analysis of Uzbekistan’s fintech market, highlighting the main observed trends as well as identifying key opportunities and challenges. Here is an overview of what was …

Paytech, Arab Financial Services (AFS) and Brankas have published a new whitepaper on open banking in the MENA region. The paper highlights an expectation that the region (especially Bahrain, Saudi …

A recent study by Vodeno/Aion Bank revealed that younger consumers are increasingly opting for their favorite brands over traditional financial institutions for financial services. Surveying 3,007 consumers across Belgium, Germany …

PayPal’s launch of the PYUSD stablecoin has the potential to shift the cryptocurrency landscape from speculative ventures to practical payment applications. The combination of the first US financial firm (and …

A 2022 survey by the Bank of International Settlements (BIS) has found that 93% of central banks globally are interested in exploring some form of central bank digital currency (CBDC). …

According to Capterra’s 2023 Fintech Survey of over 870 consumer fintech users, fintech apps have simplified financial management, with 60% of respondents seeking advice from personal finance tools before financial …

The e-commerce and fintech markets in Kazakhstan and Uzbekistan are rapidly growing, largely due to the impact of the COVID-19 pandemic; however, they are also facing challenges related to low …

Competition among peer-to-peer payment apps like Venmo, PayPal, Cash App and Zelle have been heating up in the last decade. While the initial attempts of big banks to compete in …

Jerry Young, the CEO of ieDigital, discussed the role fintechs have in ensuring the financial wellbeing of consumers. As personal finances come under more and more pressure, fintechs are rising …

Stablecoins are being touted as everything tokens like bitcoin and ether aren’t. Whereas the price of cryptocurrencies can fluctuate greatly, stablecoins are designed to be worth the same as a …