Fintech Finance

APRIL 12, 2024

Remittances are a key economic driver in Sub-Saharan Africa with a reported $53 billion flowing into the region in 2022. billion worth of foreign currency inflows in 2022. In Kenya, the Central Bank of Kenya reported $5.77 This collaboration also ensures full value for recipients as there are no landing fees. .”

Cross-Border 52

Cross-Border Visa Financial Inclusion Central Bank 52

Fintech News

SEPTEMBER 10, 2024

It integrates with Capital A’s financial services, such as BigPay, and leverages a strong loyalty program called AirAsia rewards to offer a comprehensive digital ecosystem. Digital inclusion may also help MSMEs achieve sustainability. billion grams of carbon emissions.

Cross-Border Payments 107

Cross-Border Payments Cross-Border APACS Interoperability 107

The Fintech Times

JANUARY 10, 2024

The deal will bolster access to modern banking services for millions of underserved and underbanked Filipinos in key regions. Accelerating inclusive growth The transaction also supports the Rural Bank Strengthening Program launched by the BSP in 2022 to enhance the country’s rural banking sector.

Financial Inclusion 59

Financial Inclusion Underserved Transactions FinTech 59

Fintech News

FEBRUARY 26, 2024

billion in 2022, plus a further plunge to US$39 billion in 2023, as per CB Insights — has seen fintechs in certain regions noting the poor funding outlook as a hindrance to better growth. The commitment to financial inclusion remains a cornerstone of the fintech value proposition. billion in 2021 to US$77.5

FinTech 139

FinTech Consumer Financial Inclusion On-Demand 139

Fintech News

DECEMBER 17, 2023

Founded in 2016, Akulaku provides digital banking, financing, investment and insurance brokerage services, targeting financial underserved demographics. The startup’s last round was a US$200 million investment from Japanese megabank Mitsubishi UFJ Financial Group announced in December 2022. billion to US$15 billion.

FinTech 52

FinTech Financial Literacy Financial Inclusion Online and Mobile Banking 52

Fintech News

FEBRUARY 20, 2024

In 2022, the country was home to 993 active fintech companies, representing about 25% of all fintech ventures operating across the ASEAN region, data from a 2022 report by the United Overseas Bank (UOB), PwC Singapore and the Singapore Fintech Association (SFA) reveal. billion to US$15 billion during the period.

FinTech 119

FinTech Payment APIs and Integration Online and Mobile Banking Security 119

FICO

MAY 19, 2023

At Prosper, financial inclusion is at the heart of our business and by utilizing FICO’s reliable and predictive scores as an input to our models, we are able to identify and offer access to affordable financial solutions to improve consumers’ financial health as they move across the credit spectrum.”

Financial Inclusion 52

Financial Inclusion Credit Limit Financial Literacy Credit Risk 52

Finovate

MAY 16, 2024

.” The news comes shortly after Experian launched Cashflow Attributes , a tool also powered by open banking and consumer-permissioned data, that aims to offer lenders more data about underserved consumers. Connecticut-based VantageScore was founded in 2006 as an independently managed joint venture of the U.S.’

Underwriting 52

Underwriting Adjustments Financial Inclusion Underserved 52

The Fintech Times

FEBRUARY 19, 2024

Beijing has also conducted a nationwide pilot scheme for e-yuan, also known as e-CNY , a digital currency, with more than 261 million people downloading the wallet in 2022. Financial inclusion and accessibility The move towards a cashless society also promises to foster financial inclusion.

Financial Inclusion 59

Financial Inclusion Online and Mobile Banking Digital Currency Economy 59

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

FICO

JULY 18, 2022

FICO has been a pioneer in the use of machine learning (ML) in the financial services industry for over 25 years. Mon, 07/18/2022 - 18:40. Financial Inclusion Using Analytics. Tue, 07/02/2019 - 02:45. by Can Arkali. expand_less Back To Top. ML does not create new data. Can Arkali. See all Posts. chevron_left Blog Home.

AI 52

AI Financial Inclusion Fraud Detection CFPB 52

The Fintech Times

JULY 2, 2024

As of April 2023, there were 1,000 active fintechs in Latin America (LatAm) with a vast majority focusing on financial inclusion, tackling the issue of 70 per cent of the population not having access to formal financial services. The future of fintech across LatAm holds a lot of potential.

FinTech 59

FinTech Cross-Border Underserved Legal Framework 59

Clearly Payments

APRIL 9, 2024

New products and services are being developed to compete in a market where customer expectations are constantly evolving, leading to a more dynamic financial landscape with quicker adoption of new technologies. This can lead to greater financial inclusion, with a wider range of people gaining access to essential financial services.

Finance 105

Finance FinTech Online and Mobile Banking Payment APIs and Integration 105

PYMNTS

SEPTEMBER 15, 2017

With countries in the Indian subcontinent and the rest of Southeast Asia, including Bangladesh, India, Pakistan and the Philippines, refocusing their efforts to improve financial inclusion, there has been solid growth in the availability of cash via ATMs in remote areas over the last three years. million to 1.72 The country of 1.38

ATM 48

ATM Financial Inclusion Underserved Digital Payments 48

Fintech News

MARCH 6, 2024

The startup targets underserved markets in the insurance space, such as the poor, students and startups. Thanks to her role at bolttech, she was recognised as one of Insurance Business Asia’s “Elite Women” in 2022. PolicyStreet also serves millennials and the rising middle class.

APACS 115

APACS FinTech Online and Mobile Banking Multi-Currency 115

The Fintech Times

MAY 7, 2024

As of April 2023, there were 1,000 active fintechs in Latin America (LatAm) with a vast majority focusing on financial inclusion, tackling the issue of 70 per cent of the population not having access to formal financial services. Peruvian financial habits are vastly changing from what they have traditionally been.

Digital Payments 64

Digital Payments Online and Mobile Banking Financial Inclusion Payments 64

Fintech News

JANUARY 18, 2024

Trust Bank: Rapid customer acquisition and unique products Trust Bank , backed by Standard Chartered Bank and FairPrice Group, launched in Singapore in 2022. It is also the first virtual bank in Hong Kong to receive a Type 1 license from the Securities and Futures Commission for dealing in securities in January 2022.

APACS 115

APACS Finance Cross-Border Ubiquitous 115

Fintech Finance

MARCH 22, 2024

Remittances play a key role in strengthening financial inclusion in the region, boosting economies, and alleviating poverty –often serving as an essential source of income for people in low- and middle-income communities. A financial exclusion gap also still exists affecting underserved or unbanked communities.

Visa 52

Visa Cross-Border Cross-Border Payments Financial Inclusion 52

Fintech News

JULY 23, 2024

By the end of 2022, Akseleran had disbursed almost IDR 6.6 The company utilizes data analytics and machine learning (ML) algorithms to conduct comprehensive credit assessments of SMEs, considering financial metrics, transactional dynamics, performance monitoring, and industry risks. billion by late 2022. billion (US$4.4

FinTech 125

FinTech Online and Mobile Banking Multi-Currency Non-Bank 125

Fintech News

MARCH 26, 2024

These included bringing in revenue no less than US$100,000 in 2019 (or the currency value equivalent as of 2019); earning revenues of no less than US$1 million in 2022 (or the currency value equivalent as of 2022); revenue growth from 2019 to 2022 also needs to be predominantly organic (i.e., “internally” generated).

FinTech 98

FinTech APACS Payment APIs and Integration Multi-Currency 98

FICO

MAY 23, 2022

Círculo de Crédito , the fastest-growing credit bureau in Mexico, has used unique credit risk scores from FICO to boost financial inclusion in Mexico and help an additional 20 million citizens access credit. For its achievements, Círculo de Crédito won a 2022 FICO® Decisions Award for Decision Management Innovation.

Financial Inclusion 52

Financial Inclusion Embedded Finance Risk Assessment Assessments 52