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September 9, 2023

Welcome to Emerging Tech Trends (ETT), focusing on technologies shaping the future.

In this edition,

Thailand Ranks First Globally in Real-Time Payments Transactions per Capita : Real-time payments are gaining momentum worldwide, with Thailand leading in transactions per capita in 2022,accounting for 34% of all transactions. Switzerland plans to launch SIC5, and Turkey is expected to double usage by 2027, as the digital economy continues to connect consumers and businesses

European Central Bank Blasts PayPal in Push for its Own CBDC : Concerns arise over big techs and PayPal’s dollar-pegged stablecoin, with central bank control over programmable money, as private payment service providers aim to expand customers and market share with no incentive to limit their stablecoins or services.

Kenyan Crypto platform bagged $2M to transform Africa’s Cross-border Remittances : Kenya-based Kotani Pay is revolutionizing cross-border remittances in Africa using blockchain technology and stablecoins linked to traditional currencies to streamline international money transfers, reduce transaction costs and accelerate settlement time

TRAINING

5th Cohort Professional Certificate Training in Financial Technology(FinTech) and Innovations : From November 19-20, for the fifth time, this training is expected to power a new group of individuals and companies in FinTech Innovations through knowledge & skills set training at the Kofi Annan ICT Centre, Accra-Ghana & Online.  Click here to register

EVENT

TOKEN2049 Singapore will Be the Asia’s Largest Web3 Event : TOKEN2049, Asia’s leading Web3 and cryptocurrency conference, will host its Singapore edition on September 13-14, 2023, discussing global regulatory landscape, crypto-AI convergence, blockchain scaling, and metaverse intersection.

OPPORTUNITY

Digital Finance Framework diagnostics for MSMEs and farmers : MAP is a UNCDF initiated framework for expanding financial services access for individuals and micro-small businesses in low- and middle-income countries, aiming to improve financial inclusion

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