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Payments
Buna: The Right Vision That is Being Delivered at the Right Time
Buna, the cross-border and multi-currency payment system, came to fruition on the 23rd of February 2020 as a culmination of an implementation program launched in 2018 that was preceded by a thorough feasibility study initiated in 2016. In fact, Buna’s vision emerged back in 2010 when the Arab Moneta...
Payments
Future of the Payment System in Nigeria: 2020 and Beyond
Nigeria is acknowledged as a major economic force within Africa, and also an active player in the global economy. To participate actively therefore, her payments system must be credible, reliable and efficient, and successfully benchmarked against the best practices adopted by the most developed nat...
Payments
Lithuania: Building a Fintech Success Story from a Regulatory Point of View
The ongoing technological transformation in the sphere of financial services has not only improved financial services themselves but also created new opportunities for countries willing to attract innovation. In recent years, Lithuania has emerged as one of the largest centres for fintech companies ...
Payments
BIS - Regulating Fintech: Many Approaches for Many Challenges
New tech-savvy players are entering the financial market left and right. The way they provide financial services would not be possible without the advances in financial technology we have witnessed in recent years. But traditional financial institutions are also increasingly incorporating innovative...
Payments
Recent Evolution of the Retail Payments Market in Hungary
Over the last decade, the Hungarian payments market has gone through a major development, and the use of electronic payment methods is constantly growing. The Central Bank of Hungary (MNB) actively contributed to the favourable processes in line with MNB’s payment strategy. MNB defined two main goal...
Payments
The Case for a Digital Alternative to Cash in South Africa
The Payments Association of South Africa’s Maurits Pretorius and Vinu Thomas detail the rapid growth of digital payments in South Africa and make the case for a cash-lite society
IN THIS ISSUE: July 2020
- In this month’s feature, Buna CEO Mehdi Manaa details the Arab region’s cross-border multi-currency payment system
- Ruta Merkeviciute of the Bank of Lithuania on the regulatory and supervisory challenges presented by de-risking
- A comprehensive roundup of the latest news, industry reports, virtual events … and more
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