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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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How can Fintech Improve Financial Inclusion in the Pacific Island Countries?

The Fintech Times

This is much lower than mobile penetration rates across the world, with the Asia-Pacific region’s being 62 per cent as of 2022. With a myriad of factors impacting success including cultures and remoteness, traditional financial institutions have struggled to establish themselves. appeared first on The Fintech Times.

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Ant International and Dock Are Improving Financial Inclusion in Brazil With AI-Driven Credit Tech

The Fintech Times

In a move to empower local partners and advance financial inclusions, Ant International will enhance the credit management capability and infrastructure efficiency for Dock clients, comprising of financial institutions, retailers, and fintech start-ups.

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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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Laos’ Path to Financial Inclusion: Mobile Money, Digital Payments, and Future Growth

The Fintech Times

The country is focusing on fintech solutions like mobile payments and cross-border systems to boost financial inclusion and economic growth. Post pandemic Like much of the world, Laos suffered during the pandemic, and while tourists have started returning, the economy has yet to fully recover.