ELA News & Insights

2020 has marked the beginning of a new era for digital payments. While the sector was experiencing strong growth prior to the unexpected onslaught of the pandemic,COVID-19 has rapidly accelerated the global shift to digital payments. In essence, we are seeing 3 to 5 years of change condensed into a matter of months.

The COVID-19 pandemic has sent shock waves through the global economy which has resulted in heightened uncertainty. And with currency market volatility beyond the levels experienced during the 2008 financial crisis, it’s significantly harder to navigate foreign exchange risk management strategies and forecast currency fluctuations.