Economy
Open Banking in Iraq: How Ready Is the Iraqi Banking Sector to Adopt This Modern Model?
The concept of Open Banking has become one of the most influential trends shaping the global financial services industry in recent years. It is a model that allows customers, with their consent, to share their banking data with third-party applications and technology companies in order to provide more personalized and integrated financial services.
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Why Is Digital Insurance One of the Most Underdeveloped Areas of Fintech in Iraq, and What Opportunities Does It Offer?
At a time when digital payment wallets and money-transfer services are steadily advancing in Iraq, the insurance sector—both digital and traditional—remains one of the least developed and least utilized areas of the financial system, particularly when compared with the country’s population size and the range of risks that insurance could cover.
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FinTech and Economic Development: Are We Building a Real Sector or Patching the Holes in the Old Financial System?
The fundamental question that no one seems to be asking clearly is: What is our real objective in developing Iraq's FinTech sector?
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FinTech Investment Projects in Iraq: Between Market Realities and Entrepreneurs’ Dreams
"We have invested $50 million in Iraq's FinTech sector." "We plan to open 100 branches across the provinces." "We will create 500 new jobs next year." These promises, often made at conferences and industry events, sound impressive on paper.
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How Does Electronic Payment Change the Flow of Money in the Iraqi Market?
When electronic payments are discussed in Iraq, the conversation usually focuses on convenience, reducing the use of cash, or improving financial inclusion These are all important goals, but they are not the only impact—and perhaps not even the most significant one
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The Financial Revolution Begins Now: Iraq’s “Digital Dinar” Unveils Its Details—Will It Redefine the Rules of Banking?
In April 2026, Iraq is witnessing a historic moment with the official launch of the pilot phase of the “Digital Dinar” platform, a bold step by the Central Bank of Iraq toward a fully digital financial future. This ambitious project—also known as a Central Bank Digital Currency (CBDC)—is not merely a new payment method, but a financial revolution aimed at reshaping the country’s banking and economic landscape.
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Will Cash Disappear in Iraq?
As digital payments expand, an important question arises: Will cash disappear in Iraq?
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Is Iraq Ready for a Cashless Economy?
The global shift toward a cashless economy is accelerating, with digital payments replacing traditional cash transactions. In Iraq, this raises an important question: Is Iraq ready for a cashless economy?
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Everything You Need to Know About E-Wallets in Iraq
E-wallets in Iraq have experienced rapid growth as digital payments expand across the country. Digital wallets are becoming essential tools for transfers, bill payments, online shopping, and salary disbursement.
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What Is the Difference Between Fintech and Traditional Banks?
The debate about fintech vs traditional banks has intensified as digital transformation reshapes the financial industry. Understanding the differences is essential for businesses and consumers alike
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How to Build a Successful Fintech Company in Iraq: From Idea to Execution
The fintech industry in Iraq is rapidly expanding, creating significant opportunities for entrepreneurs. With the growth of digital payments in Iraq and the acceleration of digital banking transformation, launching a fintech startup has become a strategic investment move.
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Tech Stocks Rally as Inflation Data Shows Cooling
Major indices hit record highs today as investors react positively to the latest CPI report.
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