Remove 2023 Remove CBDC Remove Financial Inclusion
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Fintech in the Caucasus: Armenia, Azerbaijan & Georgia

The Fintech Times

Armenia Population: +2,967,000 Capital, financial hub and largest city: Yerevan Gross domestic product (GDP) per capita: +$8,500 Access to a formal financial account (adults): 52.3 Despite these advancements, challenges such as financial inclusion remain.

FinTech 69
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Universal Digital Payments Network (UDPN) and FORUS Digital Announce Strategic Cooperation to Advance Financial Innovation in Africa

Fintech Finance

Over 350 million adults in Africa live on a cash-only basis ( [link] ), without access to financial accounts, credit cards, or lending facilities. Digital currency systems could prove to be key in improving financial inclusion and opening up new opportunities to large underbanked communities in many African countries.

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Exploring Digital Currencies Across the Middle East and Africa in 2024

The Fintech Times

– Increased financial inclusion Cryptocurrencies provide a potential solution for individuals who are marginalised or excluded from traditional financial services and institutions. By leveraging cryptocurrencies, these individuals gain access to financial tools and services previously unavailable to them.

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The Best of Finovate Global 2023: Digital Transformation, Financial Inclusion, AI and Automation

Finovate

Our final Finovate Global column of 2023 celebrates the conversations we’ve had this year with fintech innovators from around the world. Stay tuned in 2024 for more interviews with some of the most interesting founders, entrepreneurs, and thought leaders in fintech and financial services.

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Central Bank Digital Currencies (CBDCs) in 2024

Clearly Payments

This article covers what CBDCs are, how they have evolved until 2024, their impact on payments, and the future they could shape. What Are CBDCs? A Central Bank Digital Currency (CBDC) is a digital form built on blockchain technology of a country’s fiat currency issued and regulated by the central bank.

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Federal Reserve’s Cunha on the State (and Timeframe) of Digital Dollars

PYMNTS

As many as 80 percent of the 66 central banks polled by the Bank of International Settlements said they were at some stage of CBDC development. China has been at the forefront of those efforts, at least as measured in terms of debuting an actual CBDC, and is in the midst of testing its digital yuan in various settings.

CBDC 107
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G+D Filia® Unplugged Brings Offline Capability to Digital Payments

Fintech Finance

The introduction of a token-based solution such as G+D Filia® Unplugged not only strengthens payment resilience but also has the potential to drive financial inclusion for nearly 1.4 The success of several CBDC pilot projects around the globe has demonstrated the importance of offline payments. billion unbanked people worldwide.