• Payment Trends in Africa: a Look at Recent Innovations and Promising Developments

    December 27, 2024 Article

    Africa’s payment landscape is evolving rapidly, driven by innovation, increased digital adoption, and the need for secure, efficient financial solutions. Over the last year, the continent has embraced transformative trends while preparing for emerging opportunities that promise to reshape how payments are made and managed.

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  • The Growing Fragmentation of Global Payment Systems: A 2024 Perspective

    November 28, 2024 Article

    Government-backed payment systems have been gaining significant traction globally in recent years, reshaping the landscape of digital payments and financial transactions. They are designed to promote financial inclusion, reduce reliance on cash, and enhance the overall efficiency of a country's payment infrastructure. This article highlights some examples of the latest regional developments in payment systems.

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  • Open Banking and Open Finance: Global Update 2024

    October 30, 2024 Article

    The rapid evolution of Open Banking continues to reshape the global financial landscape. As we approach the end of 2024, 43 countries are expanding beyond traditional Open Banking into broader Open Finance solutions, while 10 new regulation deadlines are being introduced across major markets including Europe, the UK, Brazil and Australia, signalling an accelerated phase of regulatory development and market maturity.

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  • Global Card Issuing Industry: A Mid-2024 Pulse Check

    September 25, 2024 Article

    As we progress towards the end of 2024, the global card issuing industry continues to evolve rapidly, shaped by digital transformation, regulatory shifts and major consolidations. The expansion of digital, mobile and social commerce channels presents both opportunities and challenges, requiring businesses to balance frictionless transactions with robust security measures.

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  • Understanding Sharia-compliant Banking: Principles and Practices

    August 27, 2024 Article

    The global demand for Sharia-compliant financial products and services is showing robust growth. In 2023, the industry's assets were estimated at around $4.5 trillion, with significant contributions from countries like Saudi Arabia, Malaysia, and Kuwait.

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