Search results for "traditional banks "

The effects of COVID-19 on finance

The current pandemic has plummeted the world into a state of emergency, the economy is losing its balance and company leaders are walking a tight rope. Governments have put together rescue packages that must now reach businesses that need help the most. Although the full extent of the effects of COVID-19 on finance remains unclear, […]

Fintech: a solution for exchange loss in UK-Ireland trade

UK trade with Ireland faced significant growth between 1999 and 2018 registering £ 2.9 billion and £13.5 billion respectively, according to a briefing paper Statistics on UK trade with Ireland published on January 14, 2020, by the House of Commons Library.  In 2018, Ireland was the UK’s 5th largest export market and the 10th largest […]

Covid-19 accelerates Fintech developments in Africa

African countries long served by traditional banks are experiencing a huge digital financial transformation amid Covid-19. The move – initially used to control the spread of the virus – might position Africa as an international leader in digital banking which will boost the digital economy. According to the GSMA report entitled “State of the Industry […]

MyMonty: The New Era of Banking

Where Potential Shows, Investment Flows In a time when everything is going mobile, and people are seeking seamless ways to manage their finances, MyMonty emerges as a digital wallet and neo bank, ready to redefine the financial landscape as a reliable alternative, offering accessibility, convenience, and a renewed sense of consumer financial empowerment. Within modern finance, the landscape of transactions and […]