Remove CBDC Remove Financial Inclusion Remove FinTech
article thumbnail

CBDCs in practice: What we’ve learned from the early movers

The Payments Association

James Hurren explores what early CBDC deployments across Asia, the Caribbean, and Europe reveal about usage, adoption, and the future of cross-border digital money. Central bank digital currencies (CBDCs) have rapidly evolved from theoretical concepts into live pilots and national deployments.

CBDC 88
article thumbnail

Fintech in the Caucasus: Armenia, Azerbaijan & Georgia

The Fintech Times

Fintech is playing a pivotal role in the economic growth of Armenia, Azerbaijan, and Georgia. With advancements in payment systems, blockchain exploration, and digital currencies, these nations are harnessing technology to transform their financial landscapes and drive future development.

FinTech 69
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

The Journey of Payments and Clearing Systems in India

Finextra

Post-Independence (1947 - 1990s): Building the Foundation After independence, India focused on strengthening its financial infrastructure and extending banking services. Nationalization of Banks (1969, 1980): A major policy shift aimed at increasing financial inclusion and directing credit to priority sectors.

article thumbnail

Digital Rupiah Inches Closer with Successful Completion of PoC

Fintech News

Collaborative efforts align with the Indonesia Payment System Blueprint 2030, which prioritises innovation, financial inclusion, and economic sustainability. Furthermore, the project aligns with broader economic goals by fostering financial inclusion and supporting sustainable growth.

article thumbnail

Offline settlements with a digital pound: Lessons from the BoE’s report

The Payments Association

It highlights major trade-offs in security, privacy, and policy that must be addressed before offline CBDC payments can scale. If implemented, offline CBDC capability could introduce new consumer behaviours, shift merchant requirements, and alter the economics of digital payment acceptance. Why is it important? What’s next?

article thumbnail

Mastercard teams up with enza to support fintech advancement in Africa

The Paypers

Through this partnership, fintech companies are set to be able to develop propositions on the enza platform that provide consumers and businesses with embedded Mastercard payment solutions capabilities. Fintechs will be able to configure pre-paid or post-paid accounts, as well as issue physical or virtual Mastercard cards.

Visa 36
article thumbnail

NITMX partners with Mastercard to power Thailand's PromptPay

The Paypers

Driving development and inclusion The digital payment market in the country continues to grow, driven by the use of PromptPay, which was developed by NITMX and built on Mastercard’s RTP technology. The solution was launched eight years ago and has seen rapid adoption, with a 13% YoY increase in transaction value.

Visa 61