Weekly transaction banking industry insights

Weekly transaction banking industry insights

1. FinTech in the GCC will contribute $500 per capita by 2030, research reveals - IBS Intelligence

The UAE will still have the highest value of FinTechs’ contribution to GDP per capita. It will equal $915.6 (a 44%-increase compared to 2022)...

2. EU Bank Watchdog Warns Lenders of Once ‘Inconceivable’ Risks - PYMNTS

Europe’s new top bank regulator wants lenders to beef up plans for dealing emerging risks.“Many of the issues dominating today’s headlines were inconceivable a decade ago,” Claudia Buch said in her first speech as chair of the European Central Bank’s Supervisory Board Monday (Feb. 12), per a report by Bloomberg News...


3. PODCAST: Absa on the trade finance distribution revolution and closing the $2.5tn gap - Trade Finance Global (TFG)

The $2.5 trillion trade finance gap is the elephant in the room for the trade finance industry. Trade Finance Global (TFG) surveyed 20 trade finance experts to start the year, and every single one predicted that the trade finance gap would grow in 2024...

4. Unlocking the Future of Banking: The ABCDE of Digital Banking—An IBS Intelligence Whitepaper - IBS Intelligence

In the ever-evolving landscape of finance, the digital revolution has emerged as a catalyst for transformation within the banking industry. Authored by industry experts at IBS Intelligence, Unlocking the Future of Banking: The ABCDE of Digital Banking presents...

5. Will 2024 be the year that variable recurring payments take off? - The Paypers

Commercial adoption of VRPs and DRPs faces framework challenges, requiring industry collaboration. Kieran Hines from Celent emphasizes technology's role in banking...


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