Systemic shifts are taking place across the global economy, bringing with them new, urgent risks. But importantly, within the many era-defining changes underway, including the double-edged sword of generative artificial intelligence (AI) capabilities, exists an emergence of unique opportunities — particularly for the payments industry....
Real-time payments have revolutionized how money moves in the global economy. In an era defined by rapid technological advancements and increasing consumer demand for convenience and efficiency, real-time payments, also known as instant payments, have become the modern benchmark for financial transactions. Real-time payments are...
Transforming the world takes time, even when innovations aim at just one part of it. That, at least on the surface, appears to be the story with crypto and blockchain technology, which have together been honing their real-world utility within the traditional financial services and...
The world is facing a major slowdown in global trade as economic growth weakens. In addition, governments around the world are increasingly curbing business with China, and Russia’s invasion of Ukraine is exacerbating geopolitical tensions, The Wall Street Journal (WSJ) reported Wednesday (Aug. 9). A combination...
September 22, 2022
The summer of 2022 was a watershed moment for the global digital economy. For millions of consumers in the Northern Hemisphere, this summer was the first time since the beginning of the COVID-19 pandemic that they felt comfortable traveling and enjoying the outside world. Not only did 178 million consumers across 11 countries buy travel […]
March 17, 2020
The coronavirus continues to have reverberations across the global stage, and is especially impacting developed economies, and in particular, the small businesses that are a key foundation of those economies....
May 17, 2019
In the digital economy, geographical and physical borders are no longer barriers to employment. The doors to opportunity are wide open for anyone willing and able to join the global...
May 08, 2019
Anything that grows faces various challenges, and even choke points — those things that can directly or indirectly cut off oxygen and other fuel, and slow or even eliminate further...
August 09, 2023
The world is facing a major slowdown in global trade as economic growth weakens. In addition, governments around the world are increasingly curbing business with China, and Russia’s invasion of Ukraine is exacerbating geopolitical tensions, The Wall Street Journal (WSJ) reported Wednesday (Aug. 9). A combination of factors are contributing to the downturn, including inflation and […]
July 20, 2023
Tala added 800,000 new customers in the first half of the year — a 114% increase in growth compared to the first half of 2022. More than 8 million customers...
March 27, 2023
Nations need to make changes to prevent an anticipated slump in global growth. So said the World Bank in a report released Monday (March 27) that found average global potential...
November 07, 2022
Aiming to keep money flowing in the global economy even as it enforces sanctions against some Russian targets, the United States federal government has reportedly asked several large banks to...
