Because of poor banking, 80% will switch to fintech
The poor experience with services prevalent in traditional banks would motivate eight out of 10 of their customers to switch to alternatives like fintechs.
SWIFT and Accenture publish joint paper on central bank digital currencies in cross-border payments
SWIFT and Accenture today published a paper on central bank digital currencies (CBDCs) in cross-border payments as part of broader digital asset innovation
UAE-based fintech NOW Money secures $7m to expand digital banking solution
NOW Money, the GCC’s first digital banking solution for low-income migrant workers, has secured $7m in funding led by Anthemis Exponential Ventures.