Digital banking and mobile money accounts now cover three-fourths of global adults, with the gap in account ownership between genders reducing significantly. This surge in digital banking and payments, primarily fueled by the COVID-19 pandemic, has led to an impressive expansion of formal financial services worldwide. As a result, new economic avenues have opened up, […]
The financial landscape is experiencing a monumental shift, one that could potentially redefine our approach to transactions. As we move further into the digital age, the era of paper money—a dependency we’ve carried for a millennium—is gradually ending. The harbinger of this transformation is the advent of real-time payments (RTP), a concept that offers a […]