All posts tagged "Payments & Financial Services"

• 
  Economic Outlook 2022: What the data says about the risks and responses needed to capture emerging opportunities

  For nearly two years, the pandemic has obscured the global outlook, making traditional long-term economic planning for governments challenging. While a vaccine-led vision for re-emerging formed intermittently across the world,

  • Posted January 28, 2022
  • 0
• 
  Governments look to fintech revolution to drive financial inclusion

  Digital advances are providing governments with unprecedented opportunities to improve rates of financial inclusion through fintech-driven programmes and solutions. This was the view of senior state authority representatives from Colombia,

  • Posted November 16, 2021
  • 1
• 
  Lithuania showcases regtech prototype amid focus on anti-money laundering efforts

  Lithuania’s central bank, Lietuvos Bankas, showcased a new regulatory technology (regtech) protoype this week that automates reporting procedures, cutting the administrative burden for financial market participants. The prototype – developed

  • Posted February 25, 2021
  • 0
• 
  Reset, Rebuild, Recover – leveraging digital technologies to respond to the social and economic impact of COVID-19

  Across the world, the economic stimulus response to COVID-19 far outsize those to the 2008 financial crisis – 33 percent of Gross Domestic Product (GDP) versus 3.5 percent of GDP

  • Posted January 11, 2021
  • 0
• 
  UK international trade department unveils fintech match-making initiative

  The UK’s Department for International Trade (DIT) has launched a campaign to encourage international financial institutions (IFIs) to invest in British fintech. As part of the scheme, DIT will build

  • Posted December 22, 2020
  • 0
• 
  HMRC explores the potential of open banking to ‘streamline’ tax

  The UK’s HM Revenue & Customs (HMRC) is investigating how it can use small businesses’ and self-employed individuals’ real-time financial transaction data, obtained with their permission through open banking, to

  • Posted December 16, 2020
  • 0
• 
  Singapore grants non-banks access to e-payments infrastructure

  Singapore’s central bank is opening up its retail payments infrastructure to non-banks from February 2021 to simplify e-payments for consumers and businesses. The Monetary Authority of Singapore (MAS) announced on Monday that

  • Posted December 3, 2020
  • 0
• 
  Tallinn tales: Estonia’s role in developing the digital euro

  Rainer Olt is leading research on digital currency technology for Estonia’s central bank. In an interview with Ian Hall, he talks blockchain, privacy and instant payments Estonia boasts a well-forged reputation

  • Posted November 26, 2020
  • 0
• 
  Brazil central bank launches instant payments system ‘Pix’

  Brazil’s central bank launched a state-run instant payments platform this week for citizens, the private sector and government entities. The scheme, known as Pix, is part of Agenda BC#, which

  • Posted November 19, 2020
  • 0
• 
  Tourism Recovery Requires New Insights and Ideas

  The COVID-19 pandemic has grounded much of the tourism industry with huge economic and social consequences. The United Nations World Tourism Organization estimates international tourism could drop as much as

  • Posted November 5, 2020
  • 0