The Federal Reserve Bank of Atlanta has created a cross-industry group to bridge the gaps created between financial innovations and the underbanked. Called the Special Committee on Payments Inclusion, it will consider the unintended negative impact of smartphone-driven services like digital wallets, mobile payments and P2P apps. The committee will be active for two years.
Turkey has always been a bridge between continents, but while most of the country’s landmass is located on the Asian side of the continental divide, Turkish firms look more towards Europe for business opportunities, leveraging tariff-free trade deals inked with the European Union and the United Kingdom. Germany, for example, is the country’s largest trade