Remove 2022 Remove Financial Inclusion Remove Financial Literacy
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Lune: Artificial Intelligence Key to Unlocking Financial Inclusion

The Fintech Times

Financial inclusion is a critical issue, but simply providing access to financial products isn’t enough. True inclusion requires financial literacy, empowering individuals to make informed decisions. per cent of US families netting between $35,000 to $49,999 annually.

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Financial Inclusion and Fintech Drive Bangladesh’s Economic Transformation

The Fintech Times

The country has also achieved considerable poverty reduction, with moderate poverty levels dropping from nearly half of the population in 2010 to around 30 per cent by 2022, according to the World Bank. Financial inclusion Building on this momentum, Bangladesh launched its first National Financial Inclusion Strategy 2021-2026.

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Fintech is Failing at Financial Inclusion for Women

Fintech News

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.

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Financial Inclusion and the Rise of QR Payments in Asia

The Fintech Times

Asia, a region known for its economic diversity, ranging from wealthy nations like Singapore, Japan, and South Korea to emerging powerhouses like China and India, has demonstrated notable unity in embracing financial inclusion. However, as of 2022, about 70 per cent of hawker food vendors have adopted digital payments.

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National Strategy of Papua New Guinea Focuses on Financial Inclusion as Gender Gap Remains

The Fintech Times

To make sure more people have access to these services, the government of Papua New Guinea has been putting a focus on financial inclusion. It was established to act as the industry’s apex organisation for coordinating, advocating and monitoring all financial inclusion activities in the country.

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Fintech in the Caucasus: Armenia, Azerbaijan & Georgia

The Fintech Times

Despite these advancements, challenges such as financial inclusion remain. The non-banking financial sector, particularly the microfinance sector, remains underdeveloped, having been significantly impacted by the currency devaluations of 2015. per cent holding a credit card.

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Overcoming Huge Infrastructure and Inclusion Challenges: How Can Fintech Help Develop Timor-Leste?

The Fintech Times

Grappling with digital and financial inclusion According to the United Nations Capital Development Fund (UNCDF), only one in five (20 per cent) of Timorese adults claim ownership of a current account, while only one in ten possess any kind of payment card. In fact, some key work has already begun.