East-West Connect
Kazakhstan’s digital economy: Fintech growth, cashless payments, and cybercrime prevention
In partnership with MDQ
In this episode of East-West Connect, we look at Kazakhstan’s fintech growth, its shift toward cashless payments, and efforts to combat cybercrime through international collaboration.
Economy
Eurozone business activity contracts: Euro tumbles to 2-year lows
Eurozone business activity fell sharply in November, with services joining manufacturing in contraction. The Composite PMI hit 48.1, signalling the steepest decline since January. The euro and bond yields weakened, while equities turned red, with banks witnessing sharp declines.
Business
BBVA-Sabadell merger: Can new commitments ease antitrust fears?
BBVA has pledged key measures, including branch retention and SME credit guarantees, to ease antitrust concerns over its merger with Sabadell. While regulators cite risks to competition and rural access, the deal could reshape Spain's banking sector if approved.
EU Decoded
EU DECODED: Will the Digital Euro strengthen financial security?
In this episode we talk about a new payment method that is being studied by the European Central Bank: the digital euro. Do we need another alternative for online payments and could this project have negative impacts on the banking system?