Framing the Opportunity for Central Banks in the Digital Age

whitePaper | February 28, 2020

Payments has seen much change and innovation in the last years and will continue to evolve at the same pace. Just two examples are the introduction of Instant Payments in Europe and the launch of Open Banking/PSD2. On the infrastructure side, SWIFT has introduced gpi, setting the new standard for cross-border payments. The other major event was the introduction of Request to Pay.

whitePaper | August 24, 2022

India's smartphone boom proved conducive for the rise of digital payments. The government-sanctioned push toward a unified payment interface led to over two billion digital transactions in April 2021, just shy of Rs 5 lakh crore. Correspondingly, this also eased access to short-term, low interest credit - reflected in a 220 % jump in offerings such as buy-now-pay-later (BNPL). BNPL products can potentially help plug the Rs. 25 trillion credit gap in the micro, small and medium (MSME) segment, considered high-risk by legacy lenders.

whitePaper | February 4, 2020

Banks are also open to innovation, with a perhaps surprising 83% focusing most of their technology efforts on the front office and 56% on CRM in the last three years. This reflects a focus on improving the digital customer experience and becoming more customer-centric. We're now seeing the wave of digitalization that has swept through retail banking move through SME business banking, which represents $1 trillion (20%) of bank revenues worldwide but sees the biggest gaps in funding and customer satisfaction (estimated at $5tr by the World Economic Forum).

whitePaper | July 10, 2023

Spreading tax returns is an essential task in commercial lending. As part of the process of standardizing information from financial statements into a consistent layout and format, it ultimately enables lenders to understand the story of a business through its numbers.

whitePaper | October 1, 2022

Africa has enjoyed an earlymover’s position in the application of fintech in effecting financial inclusion and economic transformation. The success of the continent’s mobile money revolution caught the world’s attention over a decade ago, bringing into sharp focus the potential inherent in the combination of finance and technology – with innovation and empathy.

whitePaper | June 25, 2022

The past decade’s remarkable growth of Bitcoin to establish itself as a globally recognized force in the world of finance has fundamentally changed the way we view ownership, freedom and the individual’s right to public financial tools.