Remove 2022 Remove CBDC Remove Financial Inclusion
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FPC 2022 Fall Member Meeting

Faster Payments Council

This in-person event will take place on September 14-15, 2022 at the Delta Hotels Minneapolis Northeast in Minneapolis, MN. The issuance and use of a CBDC for cross-border payments could potentially help simplify intermediation chains, increase speed and lower costs.

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Fintech in the Caucasus: Armenia, Azerbaijan & Georgia

The Fintech Times

Armenia is also exploring blockchain and cryptocurrency, with substantial investments in crypto mining and ongoing discussions about developing a central bank digital currency ( CBDC ). Despite these advancements, challenges such as financial inclusion remain. By 2027, analysts expect the figure to nearly double to $2.2billion.

FinTech 67
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India’s Rise in Fintech: How Digital Payment Infrastructure is Shaping Economic Growth

The Fintech Times

Accelerating financial inclusion Though demonetisation was abrupt, it accelerated digitalisation in India, with a significant impact on financial inclusion. Digital payment transactions have also surged, growing by 76 per cent in volume and 91 per cent in value by 2022. billion transactions.

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Project mBridge Reaches MVP Stage, Expands International Participation

The Fintech Times

This project aims to create a multi-central bank digital currency (CBDC) platform for instant cross-border payments and settlements, leveraging distributed ledger technology (DLT). Several commercial banks have already started using the mBridge platform to facilitate cross-border CBDC payments among participating jurisdictions.

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Fintech in China: Leading the Charge for Economic Progress in 2024

The Fintech Times

Its 2022-2025 Fintech Development Plan sets out to build a ‘digitalised, intelligent, green and fair’ fintech sector, focusing on eight key objectives, including the development of digital infrastructure and enhanced fintech governance. The government has also been proactive in supporting fintech growth. With over 1.4

FinTech 57
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SFF 2024 Awards Highlights Fintech Innovation with Updated Categories, New AI Focus

Fintech News

These awards highlight companies and individuals whose fintech initiatives have contributed to advancing financial technology, promoting financial inclusion, and improving service delivery. RCBC Diskartech is a multilingual financial inclusion application, available in Taglish (Tagalog-English) and Cebuano.

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5 Top Payment Trends Impacting Asia in 2024

Fintech News

Other payment trends in Asia preceding 2024 including the rise of B2B buy now pay later (BNPL), growing prominence of central bank digital currency (CBDC), and prevalence of composable, cloud-based ‘as-a-Service’ IT architecture models have helped shape much of what we anticipate for 2024. billion by 2033, with a CAGR of 12.2%.