Justine Collins | Towards a digital society: CBDCs in Jamaica | Business

On May 11, the Bank of Jamaica, BOJ, announced that a phased roll-out of Jam-Dex, Jamaica’s central bank digital currency, or CBDC, is currently under way. The Caribbean has been leading the effort to adopt CBDCs. The Bahamian Sand Dollar was the first to launch in 2020, and the Eastern Caribbean’s DCash was piloted in

The digital euro and the evolution of the financial system

Introductory statement by Fabio Panetta, Member of the Executive Board of the ECB, at the Committee on Economic and Monetary Affairs of the European Parliament Brussels, 15 June 2022 I am pleased to join you here today to discuss the progress we have made in our digital euro project. A digital euro would enable Europeans

MoneyLion, AEON Get Malaysian Digital Bank License

Digital finance and lifestyle platform MoneyLion has said that it’s gotten a digital banking license from the Ministry of Finance of Malaysia in a consortium with the Japanese financial group AEON Financial Services and its Malaysian subsidiary AEON Credit Service. This comes as MoneyLion is trying to roll out its software-as-a-service (SaaS) offering, which will

Bridging Southeast Asia’s digital divide for financial inclusion

Southeast Asia is experiencing incredible change, driven by the rapidly increasing availability and adoption of technology. The digital economy has brought unprecedented opportunities and sources of income and growth through platforms and tools previously unavailable. Digitization is boosting Southeast Asia’s efforts to accelerate financial inclusion. Opportunities are not equally accessible to all; a pressing digital

Digital Medicines Market Future Business Opportunities 2022-2028 | i2Morrow, Ginger.io, Livongo Health, AliveCor inc.,

Digital Medicines Market SEATTLE, WASHINGTON, UNITED STATES, June 16, 2022 /EINPresswire.com/ — The new report by Coherent Market Insights titled, ‘Global Digital Medicines Market Report and Forecast 2022-2028’, gives an in-depth analysis of the global Digital Medicines market, assessing the market based on its segments like types, technology, end-use, bandwidth, and major regions. The report

Why the digital transformation of the financial sector matters

Why the digital transformation of the financial sector matters AMID the global Covid-19 crisis, the Philippines saw an increasing number of people transacting through digital platforms, with a 5,000-percent surge in digital payments in 2020. This resulted in the enactment of a bill, known as the “Promotion of Digital Payments Act,” which aims to promote

Sustainable financing is key to access digital healthcare, education and financial services

Representational image | Manisha Mondal | ThePrint Text Size: A- A+ Digital connectivity is oxygen for opportunity. The opportunities made possible to those who are connected are rapidly expanding as services across every sector are increasingly provided and consumed online. These include healthcare, education and financial services. Yet, the global COVID-19 pandemic

Making Digital Financial Inclusion a Reality

Digital financial inclusion is defined as digital access to and the use of formal financial services by the unserved and underserved population at an affordable cost (Lauer and Lyman 2015). Notwithstanding numerous policy initiatives undertaken by the Government of India (GoI) to reach the last mile, financial inclusion continues to remain elusive for the common man. While

Texthelp Addresses Need for Digital Accessibility in Financial Services with Release of New Industry Report

Digital accessibility gains in importance as more customers move to online banking COVID-19 speeds industry’s move to digital, unwittingly leaving some consumers behind WOBURN, Mass., Sept. 8, 2021 /PRNewswire/ — Texthelp, a global leader in literacy and accessibility technology, today released a new industry report. Texthelp Logo (PRNewsfoto/Texthelp) The report, Accessibility in Financial Services: The