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Since its launch in 2021, the digital lending infrastructure provider has already signed up 14 banks, to help them offer loans to consumers and businesses.
The survey sought responses from a mix of industry players to gauge how far along on the digital lending journey the ecosystem is.
The final report from the Strategic Working Group secretariat for the Joint Regulatory Oversight Committee highlighted “divergent views” among stakeholders about a future entity, data-sharing next steps and ecosystem reliability.
The partnership will “supercharge” checkout conversion for merchants, according to Trustly’s CPO.
Africa’s domestic e-payments market is forecast to swell to $40 billion by 2025.
The expansion of Token’s Open Banking coverage network means it now includes more than 80% of bank accounts in Italy.
The program will provide Black-led businesses with dedicated support and financing, addressing the “obstacles” Black entrepreneurs typically face.
The implementation of new digital payment infrastructure and services is the first stage of a new Financial Infrastructure Transformation Programme.
New data from Experian also showed a “striking” rise in first-party fraud in the UK.
