{"id":17112,"date":"2023-05-28T19:14:49","date_gmt":"2023-05-28T19:14:49","guid":{"rendered":"https:\/\/bulletins.bfconsulting.com\/?p=17112"},"modified":"2023-05-28T19:14:49","modified_gmt":"2023-05-28T19:14:49","slug":"fintech-times-releases-middle-east-africa-report-2023","status":"publish","type":"post","link":"https:\/\/bulletins.bfconsulting.com\/en\/fintech-times-releases-middle-east-africa-report-2023\/","title":{"rendered":"Fintech Times Releases Middle East &#038; Africa Report 2023"},"content":{"rendered":"<p>The Fintech Times has released its third annual report examining the fintech landscape in the Middle East and Africa (MEA) region. The <em>Middle East &amp; Africa Report 2023: Economic Development through Prosperity with Fintech<\/em> highlights the region\u2019s economic development as well as how market demand and government support have impacted the growth and development of the fintech industry in the region. The key takeaways from this year\u2019s report include:<\/p>\n<ul>\n<li>While fintech is making a significant impact on the GDPs of some countries in the region, ongoing global economic challenges are impacting further growth potential.<\/li>\n<li>Fintech activity in the MEA region is concentrated in certain areas, most notably Egypt, Israel, Kenya, Nigeria, Saudi Arabia, South Africa and the United Arab Emirates.<\/li>\n<li>While there are similarities in the key components of fintech ecosystems across the world, the MEA region is developing its own unique ecosystem to support fintech growth.<\/li>\n<li>Salt Edge, a leading open banking and open finance provider globally, is taking a more active role in the Middle East financial ecosystem by building strong collaborations with regulators and financial institutions in ways that contribute to an organic adoption of open banking regulations and standards.<\/li>\n<\/ul>\n<div class=\"rpbt_shortcode\">\n\n<div id='rpbt-related-gallery-1' class='gallery related-gallery related-galleryid-17112 gallery-columns-3 gallery-size-thumbnail'><figure class='gallery-item' role='group' aria-label='Five FinTech trends that will define banking in 2019'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/five-fintech-trends-that-will-define-banking-in-2019\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2019\/01\/five-fintech-trends-that-will-define-banking-in-2019-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-12133\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-12133'>\n\t\t\t\tFive FinTech trends that will define banking in 2019\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='Survey: Financial Institutions Seeing the Benefits of Open Banking'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/survey-financial-institutions-seeing-the-benefits-of-open-banking\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2021\/07\/3929017f-4aa4-9337-d72d-da7d0adea1881-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-16142\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-16142'>\n\t\t\t\tSurvey: Financial Institutions Seeing the Benefits of Open Banking\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='FinTechs represent an opportunity for wealth managers, not a threat'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/fintechs-represent-an-opportunity-for-wealth-managers-not-a-threat\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2019\/09\/fintechs-represent-an-opportunity-for-wealth-managers-not-a-threat-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-13720\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-13720'>\n\t\t\t\tFinTechs represent an opportunity for wealth managers, not a threat\n\t\t\t\t<\/figcaption><\/figure>\n\t\t<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>The Fintech Times has released its third annual report examining the fintech landscape in the Middle East and Africa (MEA) region. The Middle East &amp; Africa Report 2023: Economic Development through Prosperity with Fintech highlights the region\u2019s economic development as well as how market demand and government support have impacted the growth and development of &hellip;<\/p>\n","protected":false},"author":12,"featured_media":17113,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,16],"tags":[],"_links":{"self":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/17112"}],"collection":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/comments?post=17112"}],"version-history":[{"count":1,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/17112\/revisions"}],"predecessor-version":[{"id":17115,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/17112\/revisions\/17115"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media\/17113"}],"wp:attachment":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media?parent=17112"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/categories?post=17112"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/tags?post=17112"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}