As of September 7, 2021, El Salvador will officially recognise Bitcoin as legal currency. This is a remarkable move, and one that will likely stimulate a huge amount of economic growth as Salvadoreans leapfrog from a largely cash-based society straight to a system characterised by the frictionless, finger-snap efficiency of digital currency.
Cloud solutions can offer a multitude of benefits – ranging from cost reduction to scalability – to businesses operating across a wide range of industries. Their effect on the finance sector could be especially profound
Following a new global deal with payments company Visa, Revolut is expanding into new markets despite questions over the neobank’s conduct
The Financial Stability Board has published a report on how fintech is set to destabilise the banking sector, but just how insightful were its findings?
The unpredictable nature of cryptocurrencies has prompted developers to turn to pegged alternatives. Unfortunately, the coins they tout are just as volatile
For centuries, payments have been the sole preserve of the traditional banking industry. Finally, a raft of digital upstarts has arrived to shake things up and advantage consumers
From next year, all retailers across Europe must accept contactless payments, according to MasterCard’s senior vice-president
The New Economy interviews Fernando Calloia, President, Banco de la Republica Uruguay, on the role of public banks in Uruguay
The New Economy interviews Carlos Danel, Executive Vice-President and Co-Founder of Banco Compartamos, on driving financial inclusion in Latin America