MONEY20/20: YOU SAY YOU WANT A REVOLUTION
Conference attendees of Money20/20 this year were left to wonder whether they were privy to a money revolution underway, or more of a gradual evolution, whose speed and outcome is too soon to predict. After four days of sessions dealing with seemingly every topic under the financial sun, from remittances and payments to credit and loans, one could be forgiven for struggling to make sense of it all. Yet, this would be an apt response to an industry that is tugging and pulling in multiple directions. One foot is firmly planted in decades old practices, such as mainframe banking, while another is stepping into the future, as with robo-advisory. This week Mondato Insight asks, is this a schizophrenic tale of of revolution and evolution, with a dose of legacy tossed in for good measure? Read More...
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Lithuania Positions Itself As China’s Fintech Gateway To Europe
To date, the Bank of Lithuania has already issued four Chinese companies with electronic money institution licences and one payment institution licence. There are also an addition 10 companies looking to join the bank’s central payment system Centrolink. READ MORE...
The Secret Lives Of Central Bankers
These architects of the global economy pride themselves on being brilliant, aloof and rational. And then they wonder why they’re not more popular. READ MORE...
Rwanda Is The First African Country With An Electronic Procurement System
In an effort to reduce corruption, improve transparency and efficiency, and minimize potential collusion among bidders, several countries are establishing electronic government procurement systems, also known as e-GP systems. READ MORE...
Bitcoin Breaks Out Of Its Malaise Following Tether Panic
Traders frequently leverage tether as a means of buying other digital currencies, and a decline in tether prices would likely point to these market participants fleeing the stablecoin. READ MORE...
How India Could Transform Africa
An Aadhaar-like digital ID system would boost growth for Africa as much as Chinese-built roads. READ MORE...
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