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How Digital Financial Infrastructure Is Transforming Modern Finance
The fate of global trade lies here, running on a modern digital financial infrastructure. From seamless mobile apps to anonymous technology networks, the way money moves is always changing. Discover how these efficient systems deliver financial growth, secure your information, and unlock limitless opportunities. Read our updated post on how your commercial business can stay ahead!
Modern Digital Financial Infrastructure
Digital financial infrastructure strengthens the global financial system—from real-time payments infrastructure to cloud banking infrastructure to blockchain networks to open APIs, it enables seamless transactions, monetary inclusion, and scalable fintech innovation. As organizations and governments ramp up virtual transformation, a strengthened digital economic infrastructure project will be critical to reduce tariffs, increase security, and unlock economic growth. Invest in expertise today; it is the inspiration on which every future-geared up financial tool is built.
Africa FinTech And AI Awards 2023: Global Voice Group Winner Of The Best RegTech Solution Category
Global Voice Group (GVG) won the Best RegTech service category, a significant accolade for its Mobile Money Monitoring (M3) service. Along with the "Best Reg Tech Solution Provider Award" (East Africa) and the "Most Innovative RegTech Solutions Provider Award" (East Africa) from Digital Banker Africa for the same M3 system, this honor builds on GVG's past successes this year.
Particularly in addressing the rising acceptance of Mobile Money and its beneficial effects on financial inclusion in Africa, the M3 solution has demonstrated its importance within the digital financial ecosystem. Regulatory bodies have direct access to the data of the Mobile Money ecosystem thanks to M3, which makes it easier to measure and track Mobile Money transactions throughout the continent. By using this data, regulatory bodies may improve compliance, security, and oversight throughout the ecosystem by making well-informed policy decisions.
By honoring businesses in the FinTech and AI industries, the Africa FinTech and AI Awards seek to recognize contributions to sound governance and the growth of digital financial services. Mr. Raymond Basse accepted the prize on behalf of GVG at the most recent award ceremony, which was held on November 8 at the Serena Hotel in Dar Es Salaam.
The CEO of GVG, James Claude, highlighted GVG's dedication to using data-driven technology to assist central banks, governments, and regulatory bodies in their oversight responsibilities while expressing excitement about the prize. Claude conveyed his gratitude to the Africa FinTech and AI Awards for acknowledging the M3 solution's performance.
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Demonetisation: No service charge will be levied on digital financial transactions, says EAS
Demonetisation: No service charge will be levied on digital financial transactions, says EAS
New Delhi: The Economic Affairs Secretary (EAS) Shaktikanta Das today briefed the media and informed that government is taking steps “for the benefit of agricultural operations”.
“In current rabi season, for benefit of agricultural operations, NABARD has sanctioned a credit limit of ₹ 23,000 cr to DCCBs”, he said and added-“NABARD has sanctioned Rs 21,000 crore limit to district central…
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Resident Adviser - Electronics Channels Specialist, Microfinance Bank at Accion Nigeria
Resident Adviser – Electronics Channels Specialist, Microfinance Bank at Accion Nigeria
Accion Microfinance Bank Limited (AMfB) – We are a global nonprofit dedicated to creating economic opportunity by connecting people to the financial tools they need to improve their lives. A world pioneer in microfinance, we were founded in 1961 and issued our first microloan in 1973. Over time, we’ve helped build 63 microfinance institutions in 32 countries on four continents – Africa, Asia,…
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