“I’m sorry to say Hungary is behind everyone,” when it comes to digital developments in banking, according to an executive from CMS, the law firm helping the National Bank of Hungary (MNB) write and implement its fintech strategy. CMS executive: “Hungarians do not use sophisticated fintech apps” But different from Hungary’s National Fintech Strategy, the MNB’s guidelines offer a more precise roadmap of 24 concrete proposals and initiatives in order “to speed things up”. Hungary, although one of the first in the Central and Eastern European (CEE) region to publish such a document, is still very much behind its neighbours…
Hungary’s National Bank fintech strategy combats digitisation lag
Hungary’s National Bank fintech strategy combats digitisation lag
