Payment innovation is top priority for fintech research
CBDCs and suptech are also leading focus areas for development
Most institutions consider payment innovations as a top priority area for fintech research and collaboration, the Fintech Benchmarks 2023 show.
Of the 37 central banks that provided data on their priorities for research and collaboration, over 90% selected payment innovations as a matter of greatest importance. Second was research into central bank digital currencies (CBDCs) (87%) and third was suptech (73%).
Cyber security was fourth (60%) and regtech fifth (49%). Fewer central banks
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