Britain plans to set up a new body over the next two years to encourage more competition in banking services through the use of third-party apps from fintech firms.

The Line of Finance aims to promote Islamic finance, improve financial inclusion, and support private sector development in Uzbekistan.

Nova Credit is on a mission to accelerate financial inclusion for millions of creditworthy individuals who immigrate to new countries every year.

The two countries are looking towards financial sector digitalization. A conference slated for June in Zurich seeks to do just that. 

The COVID-19 outbreak and the economic downturn it triggered gave the fintech sector in Bulgaria a chance to see various opportunities for mass adoption of financial technology in the near future.

Mastercard is partnering with NXP Semiconductors and consumer electronics company Xiaomi to develop a contactless payment feature for NXP's mobile wallet.