Tagged: magyar nemzeti bank

Fintech Collaboration: Monetary Authority of Singapore and Hungary’s Magyar Nemzeti Bank to Work on Financial Tech Projects

December 13, 2020 @ 11:55 pm By Omar Faridi |

The Monetary Authority of Singapore (MAS) and the Magyar Nemzeti Bank (MNB) have entered into a co-operation Agreement (CA) in order to collaborate on various Fintech initiatives that will enhance Singapore and Hungary’s economy. The CA aims to establish a framework for Fintech collaboration between… Read More

Read more in: Fintech, Asia, Global | Tagged central bank, europe, fintech adoption, hungary, magyar nemzeti bank, mas, monetary authority of singapore, monetary authority singapore, reserve bank, singapore, sopnendu mohanty, southeast asia

Hungary’s Reserve Bank Says Fintech Adoption Is Relatively Slow, as Most Consumers Still Using Cash

May 2, 2020 @ 10:28 am By Omar Faridi |

Magyar Nemzeti Bank (MNB), the reserve bank of Hungary, has released its very first Fintech and Digitalization Report, which looks into the state of financial technology adoption and the level of digitalization across the nation’s banking ecosystem. The report revealed that there are at least… Read More

Read more in: Fintech, Global | Tagged Cash Transactions, central bank, digital payments, digitalization, europe, fintech adoption, hungary, magyar nemzeti bank, online payments, reserve bank