Keywords: Digital payments
Morocco is making further progress in the digital transformation of its financial services, with instant bank transfers recording a sharp increase in activity in 2025. The expansion reflects growing use of electronic transactions and comes as the country’s central bank works to extend instant payments......
Morocco’s shift towards electronic payments gathered momentum in 2025, with bank card transactions increasing in both volume and value. However, cash withdrawals continued to dominate card-related activity, highlighting the gap between the growing use of digital payment solutions and the country’s......
Morocco was the third most targeted African country for cyber threats in 2025, accounting for 10.6% of the incidents monitored across the continent, according to a Mastercard report published on October 12, 2026. The findings highlight growing cybersecurity pressures as African economies accelerate their......
Morocco has already built much of the infrastructure needed to support a modern instant-payment ecosystem. The harder task now is convincing consumers and merchants to use it regularly. That was one of the central messages emerging from the 11th edition of the MFC Talks, organised by the Morocco Fintech......
Russia has entered a new phase in the development of its digital currency, with the broad rollout of the digital ruble beginning on September 1, 2026. The central bank-backed payment instrument is now being positioned as a third form of the national currency alongside physical cash and conventional money......
PayPal is reducing its workforce in India as part of the transformation plan initiated by the payments group. Approximately 220 employees are affected by this latest round of job cuts, as the company seeks to sustainably reduce its costs and accelerate the integration of artificial intelligence and automation. PayPal......
The Central Bank of Russia has presented the official logo of the digital ruble, marking another step in the country’s preparations for the broader rollout of its central bank digital currency. The new symbol combines the ruble sign with a circular design featuring the bank’s distinctive......
TikTok appears to be exploring a broader role in digital financial services, with the social media platform reportedly developing a feature that could allow users to send money directly to one another through private messages. The potential service was identified through an analysis of hidden code in......
The BRICS group is examining ways to improve cross-border payments by potentially linking fast payment systems and central bank digital currencies among its member states, according to Reserve Bank of India Governor Sanjay Malhotra. Speaking at an event in Mumbai, Malhotra said that reducing the cost......
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