{"id":15755,"date":"2021-02-09T11:47:43","date_gmt":"2021-02-09T11:47:43","guid":{"rendered":"http:\/\/bulletins.bfconsulting.com\/?p=15755"},"modified":"2021-02-09T11:47:43","modified_gmt":"2021-02-09T11:47:43","slug":"digitization-and-cashlessness-2-financial-market-inevitabilities","status":"publish","type":"post","link":"https:\/\/bulletins.bfconsulting.com\/en\/digitization-and-cashlessness-2-financial-market-inevitabilities\/","title":{"rendered":"Digitization and Cashlessness: 2 Financial Market Inevitabilities"},"content":{"rendered":"

While market dynamics and financial infrastructure vary greatly by country and region, it is clear that changes across financial markets have 2 commonalities: digitization and cashlessness. Both of these inevitabilities are welcomed by most as ways to bank the unbanked, give greater opportunities for businesses, increase cross-border trade and improve government oversight. But what are the main driving influences on this journey to grow our financial ecosystems? The answer: the integration and standardization of financial infrastructures as well as the advancement (in terms of availability and popularity) of new digital services such as QR code-based digital payments. This growth has put us on a path toward unified and integrated financial offerings that are available to all on a countrywide, regionwide and even worldwide level.<\/p>\n

To discover more about this journey toward digitization and cashlessness, check out this white paper<\/a> published by Finextra, in association with HPS.<\/p>\n

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