The global fintech size is expected to reach USD 190.80 Billion in 2028 and register a CAGR of 8.5% over the forecast period | Microsoft, IBMGoogle,
HKU FinTech Indices reveal businesses' optimism on post-pandemic performance amid uncertainty on regulations and investment miragenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from miragenews.com Daily Mail and Mail on Sunday newspapers.
Kyrgyzstan’s nascent fintech is getting a boost as the government begins setting the foundations for further development, launching reform plans and key initiatives to bolster digital payments adoption and banking innovation.
Over the past few years, the Kyrgyz government has started looking into the potential of fintech and banking innovation to improve financial inclusion. National strategies like the Main Directions for Digital Transformation of Banking Service for 2020-2021, and the Concept for Development of Digital Payment Technologies in the Kyrgyz Republic for 2020-2022, have been developed and adopted to increase digital payment usage and fintech development.
Policies and measures including the introduction of remote account opening and digital onboarding rules, the promotion of e-signatures, and the introduction of rules on use of QR codes to ensure payments and intersystem integration of various payment systems providing payers with a single payment platform, have
106.9
All six sectoral indices moved upward mainly because of a series of activities between Hong Kong and the Greater Bay Area. Among six sectors, the Blockchain & Cryptocurrency sectoral index recorded the largest increase of 32.2 index points (or 47.4%) because of the completion of the first batch of blockchain-based cross-border trade transactions and the first trade finance transaction upon the connection of Hong Kong’s innovative trade finance platform eTradeConnect and the Mainland’s Trade Finance Platform. A roadmap developed by HKMA to promote RegTech adoption in the Hong Kong banking sector, announced in the HK FinTech Week, also brought good news to the RegTech & Cybersecurity sub-sector. Meanwhile, bitcoin scam involving an amount of 1000 bitcoins created negative impacts on both Blockchain & Cryptocurrency and RegTech & Cybersecurity sub-sectors, resulting in normal levels around 100.
UK Fintech investment should support "truly early-stage startups" information-age.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from information-age.com Daily Mail and Mail on Sunday newspapers.