FICO

JANUARY 29, 2021

Today it gives me great pleasure to announce the winners of the 2021 FICO® Decisions Awards. . 2021 Decisions Award Winners. Financial Inclusion – Grupo Monge. Again, we would like to thank the 2021 judges for their help in identifying the best nominations. You can read more about our judges in this blog post.

Liquidity Risk 98

Liquidity Risk Regulatory Compliance Financial Inclusion AI 98

Fintech News

SEPTEMBER 9, 2024

This latest round follows the company’s previous US$18 million Series B round in 2021, which included investors such as PSA International, Straits Trading Company, and New Horizon Global. Featured image credit: Edited from Freepik The post SDAX Secures US$50 Million in Series B2 Funding appeared first on Fintech Singapore.

Security 102

Security Financial Inclusion Authorization FinTech 102

Fintech News

MAY 28, 2024

Embrace Financial Inclusion One of the key drivers behind the success of Nubank has been its unwavering commitment to financial inclusion — a major focal area for APAC digital banks as well. According to a 2021 report by the Asian Development Bank, an estimated 1.1 trillion by 2025.

APACS 125

APACS Financial Inclusion Online and Mobile Banking Disaster Recovery 125

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. This collaboration between the two key players aims to champion an inclusive digital economy, reinforcing their shared commitment to making transactions safe and accessible for everyone.

Debit Card 98

Debit Card Visa Payment APIs and Integration Instant Payments 98

The Fintech Times

MAY 29, 2024

– Increased financial inclusion Cryptocurrencies provide a potential solution for individuals who are marginalised or excluded from traditional financial services and institutions. By leveraging cryptocurrencies, these individuals gain access to financial tools and services previously unavailable to them.

Digital Currency 111

Digital Currency CBDC Cross-Border Payments Cross-Border 111

Fintech News

JULY 15, 2024

Reports also show that approximately 50% of Myanmar’s adult population had a bank account in 2020, reflecting growth in financial inclusion and creating new opportunities for businesses and individuals. million in Wave Money in 2021 to expand digital payment networks and accelerate adoption.

FinTech 111

FinTech Online and Mobile Banking Financial Inclusion Payroll 111

Fintech News

APRIL 11, 2024

The company, which has seen its valuation double since a funding round in September 2021, reports a 50% increase in revenue and reached profitability in 2023. This funding is part of TransferGo ‘s strategy to expand its presence in the Asia-Pacific region and to enhance its range of products.

Financial Inclusion 109

Financial Inclusion FinTech Product Finance 109

FICO

MAY 27, 2021

A Dozen Top Achievers in 2021. Earlier this year we provided a list of the winning companies in our 2021 FICO® Decisions Awards. Financial Inclusion. Again, we would like to thank the 2021 judges for their help in identifying the best nominations. You can read more about our judges in this blog post.

Online and Mobile Banking 52

Online and Mobile Banking Liquidity Risk Risk Fraud Detection 52

Fintech News

FEBRUARY 14, 2024

Despite their economic significance, MSMEs encounter a substantial financing gap, which, as of 2021, stood at approximately US$41 billion. IFC has been a great partner in promoting financial inclusion, differentiating Thai Credit from other market participants,” said Roy Agustinus Gunara, Managing Director of Thai Credit.

Financial Inclusion 109

Financial Inclusion Non-Bank Underserved Finance 109

PYMNTS

OCTOBER 9, 2019

post offices beginning in January, and the decision has drawn the ire from Post Office officials as well as supporters of rural communities and elderly customers, who are generally more reliant on cash. The bank also promised it wouldn’t close branches in places where it was the “last bank in the town” until near the end of 2021.

Posting 43

Posting Financial Inclusion Checks Transactions 43

Finovate

JULY 5, 2024

“This is a significant milestone for Ascend Money, which not only validates our commitment to innovation and financial inclusion in Thailand but also demonstrates a growing interest and confidence in Ascend Money’s potential,” said Ascend Money Founder and Chairman Suphachai Chearavanont. In 2021, the company received a $1.5

Financial Inclusion 52

Financial Inclusion Underserved BNPL Small Business 52

PYMNTS

OCTOBER 9, 2019

post offices beginning in January, and the decision has drawn the ire from Post Office officials as well as supporters of rural communities and elderly customers, who are generally more reliant on cash. The bank also promised it wouldn’t close branches in places where it was the “last bank in the town” until near the end of 2021.

Posting 40

Posting Financial Inclusion Checks Transactions 40

The Fintech Times

AUGUST 8, 2024

. “This regulatory approval allows us to expand our services further, strengthening our role as a dedicated financial partner for SMEs – the true backbone of the UAE’s economy – by offering them a fast and secure way to send, receive, and grow their money.”

Central Bank 59

Central Bank Security Financial Inclusion Economy 59

The Fintech Times

SEPTEMBER 5, 2024

Founded in 2021 by entrepreneurs Perseus Mlambo and Alessandra Martini , Union54 has quickly gained prominence in Africa’s fintech sector. As such, Union54’s ChitChat drive significant economic growth, foster entrepreneurship, and enhance financial inclusion throughout Africa. per cent between 2023 and 2027.

Payment APIs and Integration 59

Payment APIs and Integration Debit Card Financial Inclusion Visa 59

FICO

FEBRUARY 27, 2023

We received entries that demonstrated the power of optimization to balance the European energy grid under pressure from the war in Ukraine, to others that show how life-changing and transformational financial inclusion programs can be for ordinary people. You can read more about our judges in this blog post.

Financial Inclusion 98

Financial Inclusion AI Credit Cards Research 98

The Fintech Times

MAY 17, 2024

” This collaboration also marks a milestone in modernising the payment infrastructure and emphasises a shared commitment to empowering individuals and driving positive change in the financial landscape of the UAE and beyond. . It was also the first to receive the Technology Pioneer 2023 Award by the World Economic Forum.

Visa 59

Visa Financial Inclusion Embedded Finance Payroll 59

Fintech News

MAY 5, 2024

By setting up shop right in the bustling heart of the country’s financial district, Oradian is not just physically closer to clients — the Filipino fintech is better positioned to be effective within the very fabric of everyday Filipino financial life. from 56% in 2021.

Financial Inclusion 106

Financial Inclusion Underserved Regulatory Compliance Disaster Recovery 106

Fintech Review

JUNE 4, 2024

But specific trends in Uzbekistan’s financial landscape are our real source of optimism. Crucially, financial inclusion and a payments revolution are the accelerants in this market. The post Uzbekistan: A Fintech Paradise? Of course, a rising tide of prosperity, consumerism and entrepreneurship will spur fintech growth.

FinTech 109

FinTech Financial Inclusion BNPL P2P 109

Fintech News

FEBRUARY 26, 2024

billion in 2021 to US$77.5 The commitment to financial inclusion is particularly pronounced in emerging markets and developing economies (EMDEs), where fintech firms are actively extending financial products and services to segments historically neglected by traditional financial institutions.

FinTech 139

FinTech Consumer Financial Inclusion On-Demand 139

Fintech Finance

MAY 16, 2024

. “Mastercard is committed to leveraging cutting-edge technologies to develop new payment solutions that offer unprecedented convenience and security, with the aim of enhancing consumer experience and driving financial inclusion.

Visa 52

Visa Financial Inclusion Embedded Finance Payroll 52

FICO

FEBRUARY 7, 2023

Home Blog FICO Top 5 Scores Posts of 2022: Steady FICO Score, BNPL and Alternative Data 2022 marked the first year in over a decade the average FICO Score did not increase, while the industry’s attention remained on topics such as alternative data and BNPL. Read the full post 2. Read the full post 3. Average U.S.

BNPL 52

BNPL Posting Underwriting Credit Risk 52

The Fintech Times

JULY 31, 2024

RBI also explores how digitalisation is helping to enhance financial inclusion ; tackle gender, economic and social inequalities; channel formal finance to agriculture; enhance cross-border transactions; and support climate finance and sustainability.

Real Time Payments 59

Real Time Payments Cross-Border Volume Financial Inclusion 59

The Fintech Times

JULY 29, 2024

Spending in the e-commerce segment is projected to increase nine times by 2026 from 2021. ” UnaCash explained that it remains committed to providing innovative financial solutions and fostering financial inclusion in the Philippines.

BNPL 59

BNPL Consumer Financial Inclusion Economy 59

The Fintech Times

APRIL 22, 2024

” The global supply chain finance market was valued at $6billion in 2021 and is projected to reach $13.4billion by 2031, growing at a CAGR of 8.8 Despite this, the Alliance for Financial Inclusion revealed that over 65 million formal MSMEs were facing credit constraints and inadequate access to financing for growth worldwide in 2021.

Underserved 69

Underserved Finance Technology APACS 69

Finovate

MAY 10, 2024

Perhaps more notable than savings consumers on fees and their time waiting in line, Nubank has also been instrumental in promoting financial inclusion in Brazil, a region notorious for its high rate of unbanked adults. Between July 2021 and July 2022, Nubank added 5.7

Credit Cards 64

Credit Cards Financial Inclusion Small Business Accounts 64

The Fintech Times

FEBRUARY 27, 2024

Fostering financial inclusion Michael Wallis-Brown, VP of mobile FS, Ericsson Characterised by their swiftness, accessibility and innovation, digital wallets offer practical solutions for managing expenses during economic challenges, explains Michael Wallis-Brown , vice president and global head of mobile financial services at Ericsson.

Financial Inclusion 102

Financial Inclusion Online and Mobile Banking Transactions Consumer 102

Fintech News

APRIL 3, 2024

The report, titled “Her Fintech Edge: Market Insights for Inclusive Growth”, explores the representation of women within fintech portfolios and the factors influencing, and examines the performance of women customers compared to overall portfolios, considering loyalty, customer lifetime value (CLV), and default rates.

Financial Inclusion 124

Financial Inclusion FinTech Financial Literacy Non-Bank 124

The Fintech Times

SEPTEMBER 10, 2024

Shanghai, in particular, is often regarded as China’s primary financial hub. Its 14th Five-Year Plan (2021 to 2025) focuses on high-quality, green development and places innovation at the heart of progress. The post Fintech in China: Leading the Charge for Economic Progress in 2024 appeared first on The Fintech Times.

FinTech 59

FinTech Online and Mobile Banking Digital Currency Central Bank 59

FICO

AUGUST 8, 2022

Financial Inclusion. itelna (Debt Management); Círculo de Crédito (Decision Management Innovation); Traxión (ESG Champion); Mibanco and SIMAH (Financial Inclusion); ELO (Fraud & Security); and Wells Fargo (FICO Industry Vanguard Award). . See all Posts. Related posts. Cloud Deployment. ESG Champion.

Financial Inclusion 52

Financial Inclusion AI On-Demand Innovation 52

Fintech News

AUGUST 12, 2024

Holistic inclusion, beyond financial inclusion Holistic inclusion is another key theme in the financial sector. Holistic inclusion goes beyond financial inclusion, focusing on participation from women, persons with disabilities, and providing opportunities across the rural and urban demographics.

Embedded Finance 109

Embedded Finance FinTech Non-Bank Cross-Border 109

The Fintech Times

FEBRUARY 29, 2024

. “This transformation aligns with consumers’ growing preference for digital wallet transactions, with forecasts indicating that nearly two-thirds of US smartphone users will use mobile wallet apps monthly, up from half in 2021. ” The post What Does 2024 Have in Store for Digital Wallets?

Bitcoin 126

Bitcoin eWallet Online and Mobile Banking Governance 126

Fintech News

DECEMBER 17, 2023

Akulaku, which has a presence in China, Indonesia, the Philippines and Malaysia, claimed 26 million users in 2021, representing a 242% annual growth rate. Founded in 2018, Ajaib is an online wealth management solution that allows users to buy and sell financial products including stocks, exchange traded funds (ETFs), and mutual funds.

FinTech 52

FinTech Financial Literacy Financial Inclusion Online and Mobile Banking 52

Fintech Finance

JANUARY 11, 2024

This new report builds on the FPC’s previous white paper, Cross-Border Faster Payments , released in June 2021, which focused on use cases and user expectations for cross-border faster payments. The post U.S.

Cross-Border Payments 93

Cross-Border Payments Cross-Border Faster Payments ISO 20022 93

FICO

OCTOBER 18, 2022

For example, she has helped banks in India and South Africa adjust their fraud systems to monitor new real-time payments platforms to ensure they prevent fraud while growing financial inclusion.”. Read Naomi’s post on European Card Fraud in 2021: Winners, Losers and Scams. See all Posts. Related posts.

Scams 52

Scams Consulting Financial Crimes APACS 52

The Fintech Times

JUNE 6, 2024

Since its inception in 2021, Project mBridge has involved the Bank of Thailand, the Central Bank of the UAE, the Digital Currency Institute of the People’s Bank of China, and the Hong Kong Monetary Authority. ” The post Project mBridge Reaches MVP Stage, Expands International Participation appeared first on The Fintech Times.

Participant 45

Participant Distributed Ledger Technology (DLT) Cross-Border Payments Cross-Border 45

FICO

AUGUST 29, 2022

For example, consumers with FICO® Scores between 550 and 599 saw a score increase of up to 20 points from April 2020 to April 2021. This is up by a little over 1% compared to April 2021. as of April 2021 and very similar to the 47.3% The increase from April 2021 to April 2022 is mostly concentrated in newly opened credit cards.

Consumer 98

Consumer Credit Cards Payments Governance 98

The Fintech Times

FEBRUARY 19, 2024

For example, more than 23 million people in the UK used virtually no cash in 2021, according to The Guardian. With so much of the world economy reshaping itself in the post-pandemic landscape, is the confidence of business leadership in the US dollar misplaced? Fintechs are natural trailblazers in the cashless revolution.

Financial Inclusion 59

Financial Inclusion Online and Mobile Banking Digital Currency Economy 59