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MEA Retail Banks are the Strongest Believers in a Cashless Society, Prioritizing Digitalization to Drive Financial Inclusion: Study

6 in 10 banking executives in the Middle East and Africa (MEA) think cash will dip below 5% of retail transactions in the next five years, compared to 48% globally. The global Coronavirus pandemic is likely to reinforce this trend; MEA retail banks believe delaying digitalization poses genuine threats to…

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Source: Temenos

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