Here’s why Africa is the world leader in digital and mobile banking

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Andrea Willige, Senior Writer, Forum Agenda Africa has often been held up as a pioneer for the future of banking. Many areas have leapfrogged straight to mobile banking to give greater access to the unbanked, meaning that over […]

By 2028, just 9% of all payments will be made in physical currency – but we may miss it

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Richard Gendal Brown, Chief Technology Officer, R3 CBDC development is accelerating, but sceptics question the need for a digital cash replacement.While current electronic payment systems work well, they do not provide the same personal freedom that cash offers.A […]

Future of payments: How central banks are driving innovation

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Yan Xiao, Project Lead, Digital Trade, World Economic Forum Payments are the backbone of global trade and the digital economy, with many innovations coming out of the private sector.However, now central banks are racing to build and define […]

Payments: Commission proposes to accelerate the rollout of instant payments in euro

This article is brought to you in association with the European Commission. The Commission has today adopted a legislative proposal to make instant payments in euro, available to all citizens and businesses holding a bank account in the EU and in EEA countries. The proposal aims to ensure that instant payments in euro are affordable, secure, […]

What people want – ignore at your peril

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Ann Cairns, Vice Chairman, Mastercard Technology’s ‘raison d’etre’ has always been to simplify the complex and to increase efficiency. As the rate of innovation is increasing, the power of technology to streamline our lives has also grown exponentially. The […]

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