FICO

DECEMBER 10, 2020

Last year I predicted that artificial intelligence (AI) would grow up , with major infrastructure developing around Responsible AI , AI advocacy and AI governance. In 2021 I believe AI will cross the chasm, becoming a reliable and safe, mainstream business technology — but maybe not how, or for reasons why, you might expect.

AI 98

AI Fraud Detection Payment APIs and Integration On-Demand 98

The Fintech Times

SEPTEMBER 27, 2024

In 2021, the military overthrew the elected government of Aung San Suu Kyi and her National League for Democracy party, sparking ongoing protests and unrest. Agriculture, however, remains the largest contributor to the economy, accounting for nearly half of the GDP and employing two-thirds of the labour force.

Financial Inclusion 101

Financial Inclusion FinTech Underserved Central Bank 101

FICO

JANUARY 4, 2021

It caused devastating effects to our daily routines, our families, our schools and our economy. Within the collection industry in the United States, State and Federal Governments imposed significant constraints because of COVID. As vaccinations are rolls out in 2021, the economy is expected to improve.

Consumer Financial Protection Bureau (CFPB) 59

Consumer Financial Protection Bureau (CFPB) CFPB Governance Government 59

The Fintech Times

NOVEMBER 12, 2024

Banking accessibility also appears to be on the rise, while foreign direct investment (FDI) levels have also grown, thanks to the launch of major digital wallets (including Apple Pay and Google Pay ), as well as various government initiatives.

FinTech 58

FinTech Audit Non-Bank ISOs 58

PYMNTS

JANUARY 5, 2021

Government pandemic aid helped bankruptcy filings hit a 35-year low in 2020, according to legal service firm Epiq. Those numbers are a measuring stick for the economy, and Chris Kruse, senior vice president of Epiq AACER. “We We expect this category to grow substantially in the second half of 2021,” he said.

Governance 63

Governance Government Legal Economy 63

PYMNTS

SEPTEMBER 28, 2020

As 2020 limps toward its exhausting conclusion, get ready for a massive rebound in 2021 — for consumer spending , for small- to medium-sized businesses’ ( SMBs ’) top lines, and for the U.S. economy in general. I actually think that 2021 may not be a good year — I’ll be blunt in saying that,” he told Webster.

Economy 116

Economy FinTech Adjustments Small Business 116

Fintech News

NOVEMBER 13, 2024

This initiative comes as the region experiences rapid digital economic growth, with a compounded annual growth rate of 27% since 2021, coupled with an alarming 82% rise in cybercrime between 2021 and 2022. This collaborative approach aims to foster public-private partnerships in the fight against cybercrime.

Cybersecurity 98

Cybersecurity Visa Risk Assessment Assessments 98

PYMNTS

OCTOBER 26, 2020

The faster spread this fall of COVID-19 in Europe compared to the spread in the United States during the same period has left Europe's economy sputtering even as the U.S. economy continues to come back to life, according to new data cited by The Wall Street Journal (WSJ). rose to 55.5 in October from 54.3 in September, WSJ reported.

Economy 64

Economy Governance Government Consumer 64

PYMNTS

DECEMBER 16, 2020

The COVID-19 pandemic has been hard on everyone – consumers, businesses, government officials and healthcare workers – but the pain has been far from evenly distributed over the past nine months. Firms that PYMNTS surveyed in November expected to be back to normal in about 8-1/2 months (July 2021).

On-Demand 112

On-Demand Shutdown Returns Economy 112

PYMNTS

DECEMBER 29, 2020

But the year 2021 will not be a normal year off to a normal start, meaning the “see it to believe it” part of CES will be a bit different. The Vuzix Next-Generation Smart Glasses (NGSG) enter the show with multiple CES 2021 Innovation Awards for design and engineering.

Gateways 101

Gateways Innovation Bots Technology 101

The Fintech Times

NOVEMBER 14, 2024

In fact, all their economies would be considered low-middle income based on gross domestic product (GDP), excluding Turkmenistan. Other goals of the Strategy included developing e-government services and platforms and promoting economic growth via digital transformation of the fintech and banking sectors.

FinTech 71

FinTech Online and Mobile Banking Financial Inclusion Central Bank 71

The Fintech Times

OCTOBER 31, 2024

Once among the poorest countries globally, Bangladesh now showcases a rapidly developing economy that is embracing digitalisation to expand financial access and foster inclusion. While only a fifth of the population had mobile internet access in 2017, by 2021 that number had skyrocketed to nearly universal coverage.

Financial Inclusion 71

Financial Inclusion FinTech Financial Literacy Correspondent Bank 71

FICO

JANUARY 26, 2022

2021 saw debt collection and recovery professionals grappling with new regulations while they developed better ways to monitor and handle vulnerable customers during the pandemic. Collection Predictions 2021: Uncertainty and Opportunity. Ted London shared four predictions for collections in 2021: 1.

Posting 52

Posting Consumer Financial Protection Bureau (CFPB) CFPB Governance 52

The Fintech Times

OCTOBER 25, 2024

The country’s journey from a cash-dominated economy to a digital leader began to take shape in 2016, a pivotal year for India’s financial arena. The second event was the government’s sudden demonetisation of the 1,000 and 500 rupee notes in November 2016. With a population of over 1.4

Digital Payments 58

Digital Payments FinTech Online and Mobile Banking Financial Inclusion 58

PYMNTS

JANUARY 28, 2021

But for the recipients of the cross-border money transfers and peer-to-peer (P2P) payments usually associated with developing economies, they are lifelines. Person-to-person international transfers form by far the largest foreign economic support for developing economies. This happens even as governments shut borders.”.

Cross-Border 117

Cross-Border Innovation Economy Governance 117

The Fintech Times

AUGUST 12, 2024

In 2022, Malaysia’s economy was divided as follows: agriculture contributed 8.92 Malaysia is both a major economy in the ASEAN region and also in the fintech space IMAGE SOURCE GETTY Malaysia’s fintech landscape Malaysia is a major player in the fintech space within the ASEAN region, boasting at least 549 fintech companies.

FinTech 63

FinTech SDN Central Bank Economy 63

FICO

DECEMBER 1, 2020

Unfortunately, 2021 will bring the after-effects, as credit grantors, consumers and governments try to work through a flood of uncollectable debt. While vaccines are being identified, there isn’t a high degree of confidence that they will put the world right — and even if they cure the health problem, they won’t fix the economy.

Governance 76

Governance Government Regulations On-Demand 76

Open Banking Excellence

SEPTEMBER 27, 2024

Statistics about Financial Inclusion and FinTech in Mexico To introduce the OBE community to the opportunities in this emerging ecosystem, we have collected key statistics and insights to show the benefits Open Banking can bring to Mexico`s society, government, and economy.

Financial Inclusion 147

Financial Inclusion FinTech Laws Regulations 147

The Fintech Times

SEPTEMBER 22, 2024

Cambodia is leveraging fintech innovations and strategic reforms to boost economic growth, financial inclusion and international partnerships, positioning itself as a key player in the Southeast Asian digital economy. Cambodia’s economy is projected to grow by 5.8 million in 2021 to 19.5

Financial Inclusion 68

Financial Inclusion FinTech Central Bank Online and Mobile Banking 68

The Fintech Times

SEPTEMBER 10, 2024

In 2024, China’s fintech landscape is playing an increasingly central role in its economic development, as the country continues to solidify its position as the world’s second-largest economy. China’s economy is diverse, with leadership across various sectors, including manufacturing, agriculture, and financial services.

FinTech 58

FinTech Online and Mobile Banking Digital Currency Central Bank 58

PYMNTS

JANUARY 24, 2020

1, for the period of 2020 through 2021. The measure is intended to help local businesses and give a boost to the economy. . Modi’s ruling Bharatiya Janata Party (BJP) has also requested that the government up duties on non-essential items, in an attempt to energize local manufacturing. “We

Economy 52

Economy Adjustments Governance Government 52

PYMNTS

DECEMBER 23, 2020

China’s State Council announced late Tuesday that small and micro-sized businesses can defer loan payments past first quarter 2021 as needed, according to CNBC. Certain banks catering to small businesses will also continue to receive government support in the wake of a massive shutdown earlier this year due to the COVID-19 pandemic.

Economy 69

Economy Returns Shutdown Small Business 69

Finovate

NOVEMBER 18, 2024

The report notes that global cash usage continues to decline at 4% a year, but developing economies are experiencing a faster rate of decline than that of the U.S., ” This figure was quite surprising, as I haven’t looked into CBDC projects since 2021, when only 43 countries were exploring the use of a CBDC. Despite U.S.

Global Payments 69

Global Payments Payments Trends CBDC Embedded Payments 69

FICO

JANUARY 26, 2022

In 2021, the financial services world continued to grapple with the uncertainty brought on by year two of the COVID-19 pandemic. As of April 2021, just 15% of the population has had a 30+ day past due missed payment in the past year. Despite the continued concerns, we were encouraged to see the growth of the average U.S. consumer.

Demand Deposit Account (DDA) 52

Demand Deposit Account (DDA) Credit Cards Credit Risk Consumer 52

The Fintech Times

OCTOBER 21, 2024

Often regarded as one of the most stable economies in the world, the conditions in New Zealand appear ripe for fintech to step up its role and enhance the region’s economic development. New Zealand’s strong developed economy can see it further grow and develop further with fintech as a main part of its future.

FinTech 52

FinTech Economy APACS Financial Inclusion 52

Fintech Finance

SEPTEMBER 4, 2024

Founded in 2021 by entrepreneurs Perseus Mlambo and Alessandra Martini, Union54 has quickly gained prominence in Africa’s fintech sector. Perseus Mlambo, CEO of Union54, commented: “The internet has transformative potential for both individuals and governments.

Debit Card 98

Debit Card Visa Payment APIs and Integration Instant Payments 98

Fintech News

JANUARY 7, 2024

Payments innovation in Indonesia holds significant promise for contributing to the nation’s economy and helping bring about a more inclusive, accessible, and equitable financial system. This system is also supporting the country’s digital economy and connecting Indonesians across its large geographically dispersed set of islands.

Financial Inclusion 110

Financial Inclusion Innovation Payments NOV 110

The Fintech Times

OCTOBER 10, 2024

In fact, according to the Lowy Institute ‘s Pacific Aid Map , no other economy in the world was as impacted by development assistance. In fact, according to the Lowy Institute ‘s Pacific Aid Map , no other economy in the world was as impacted by development assistance. This is due in large part to tourism.

Financial Inclusion 52

Financial Inclusion FinTech Credit Union Economy 52

PYMNTS

JANUARY 8, 2021

economy should see a “meaningful economy recovery” in 2021 as vaccines battle the pandemic and fresh government stimulus kicks in, according to Chief Economist Jack Kleinhenz of the National Retail Federation (NRF). percent range in 2021. economy could grow a decent 4 percent this year. percent rate. “If

Economy 59

Economy Returns Governance Government 59

Open Banking Excellence

JUNE 27, 2024

The market powers innovation and changes the dial for a country’s citizens and economy, making a fairer more inclusive society. One that transitions into a digital economy. In doing so to inspire other Governments to look at the opportunities created by the largest and most successful open banking use case globally.

Use Case 130

Use Case API Volume Assessments 130

The Fintech Times

SEPTEMBER 6, 2024

However, the country wants to diversify its economy. Diversifying the economy When China reopened, economic development and rebooting the tourism industry were top priorities. Consequently, the SAR launched its plans for diversifying the economy based on the ‘1+4’ model in 2023. This sentiment was shared in Macau.

SARS 58

SARS Cross-Border Governance Government 58

The Fintech Times

OCTOBER 23, 2024

According to the World Bank , the country has a gross domestic product per capita of around $2,389 – while its economy is reliant on energy resources in the Timor Sea. Nonetheless, whilst over 20 per cent have a current account, nearly a quarter use digital, electronic or mobile wallets, according to the UNCDF report.

Financial Inclusion 100

Financial Inclusion FinTech Credit Union Financial Literacy 100

PYMNTS

JANUARY 15, 2021

European Central Bank (ECB) officials are concerned that Euro-area banks will get hit hard in 2021 by fallout from the COVID-19 pandemic as weakened businesses slide into bankruptcy. ECB officials on the panel warned that government measures to prop up the economy have masked the severity of the crisis.

Visa 61

Visa Economy Central Bank Credit Risk 61

The Fintech Times

MARCH 23, 2024

Addressing these issues head-on is From Fintech to Ubiquitech: Accelerating the wider UK Digital Economy, a new report authored by a working group led by Dr. Ruth Wandhöfer. “Digitisation, automation, digital currencies and payments, AI as well as the pandemic all have changed the face of the UK economy,” she says.

Economy 58

Economy Crime Legal Framework Governance 58

The Fintech Times

SEPTEMBER 30, 2024

In the UK alone, between 2021 and 2023, an estimated 10 million people became victims of fraud, costing the economy around £16billion, with individual losses averaging £907. While the UK government has focused on fraud in political pledges, international collaboration remains lacking compared to other forms of economic crime.

Law Enforcement 58

Law Enforcement Cross-Border Fraud Prevention Crime 58

PYMNTS

NOVEMBER 5, 2020

Commerzbank , Germany’s second-largest bank, is bracing for widespread bankruptcies among small and mid-sized business customers as the pandemic continues to weigh heavily on the global economy. As a result, the bank may be forced to take additional pandemic-related charges in the coming year.

NOV 52

NOV On-Demand Laws Economy 52

The Fintech Times

MAY 29, 2024

Much of the Middle East is focused on enabling a cashless economy, with Saudi Arabia’s Vision 2030 setting a target for its financial sector to achieve 70 per cent of non-cash transactions by 2030 and the United Arab Emirates (UAE) actively promoting digital payments. per cent of its population engage with it.

Digital Currency 110

Digital Currency CBDC Cross-Border Payments Cross-Border 110