Fintech Finance

JUNE 7, 2024

Faster Payments Council (FPC) , a membership organization devoted to advancing safe, easy-to-use faster payments in the United States, has announced the publication of its latest industry resource, the Faster Payments and Financial Inclusion survey report.

Financial Inclusion 64

Financial Inclusion Faster Payments FPC Cross-Border Payments 64

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, a Southeast Asian nation with a complex history, has undergone significant transformation.

Financial Inclusion 68

Financial Inclusion FinTech Central Bank Online and Mobile Banking 68

The Fintech Times

OCTOBER 10, 2024

There is room for optimism Time for change There have been various government initiatives across the region to help bring about greater financial inclusion. For instance, the Fiji government is currently implementing its National Financial Inclusion Strategy 2022-2030. appeared first on The Fintech Times.

Financial Inclusion 52

Financial Inclusion FinTech Credit Union Economy 52

Fintech News

JANUARY 7, 2024

The report, titled Exploring Payments in Indonesia: An Industry Outlook and released in November 2023, provides an overview of the country’s payment landscape, highlighting the dynamic ecosystem of payment providers, the role of regulators and policymakers, and the outlook for payments in Indonesia. million, BI also reported.

Financial Inclusion 118

Financial Inclusion Innovation Payments NOV 118

Finovate

DECEMBER 22, 2023

Our final Finovate Global column of 2023 celebrates the conversations we’ve had this year with fintech innovators from around the world. Stay tuned in 2024 for more interviews with some of the most interesting founders, entrepreneurs, and thought leaders in fintech and financial services.

Financial Inclusion 63

Financial Inclusion Automation AI Financial Crimes 63

The Fintech Times

SEPTEMBER 24, 2024

The country is focusing on fintech solutions like mobile payments and cross-border systems to boost financial inclusion and economic growth. M-Money has significantly improved financial inclusion, providing essential services to a population in need of accessible financial solutions.

Financial Inclusion 63

Financial Inclusion Digital Payments Cross-Border Central Bank 63

The Fintech Times

JULY 13, 2024

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. The post Financial Inclusion and the Rise of QR Payments in Asia appeared first on The Fintech Times.

Financial Inclusion 58

Financial Inclusion Cross-Border Payments Cross-Border Payments 58

FICO

FEBRUARY 27, 2023

Home Blog FICO Meet The 2023 FICO Decisions Awards Winners! In 2023, we have 15 winners across 10 award categories representing companies from every corner of the globe. There was plenty of creativity and moxy in the approaches, business models and technologies deployed by the class of 2023.

Financial Inclusion 98

Financial Inclusion AI Credit Cards Research 98

The Fintech Times

SEPTEMBER 4, 2024

Additionally, the partnership supports the government’s goal of increasing savings rates and promoting financial inclusion. The company has surpassed its total revenue for 2023 in just the first half of this year, demonstrating impressive growth.

Financial Inclusion 58

Financial Inclusion FinTech Security Participant 58

Fintech Finance

MAY 8, 2024

Mastercard has signed a memorandum of understanding (MoU) with The BENEFIT Company (BENEFIT), leading fintech company in Bahrain, and the national electronic payment infrastructure operator, to explore opportunities for collaboration in driving innovation and financial inclusion in the country’s dynamic payments ecosystem.

Financial Inclusion 59

Financial Inclusion Visa Innovation Funds Transfer 59

The Fintech Times

MAY 15, 2024

The partnership will focus on promoting financial inclusion and enhancing security measures not only in the Philippines but throughout the region. It will look to redefine the user onboarding experience and strengthen security measures, in response to significant fraud-related financial losses among Filipinos.

Financial Inclusion 45

Financial Inclusion Scams Online and Mobile Banking Risk Management 45

Fintech Finance

MARCH 28, 2024

Mastercard has announced the launch of two innovative payment cards in collaboration with Zenith Bank , the Mastercard Naija Card and the World Elite Credit Card, designed to address the diverse financial needs of Nigerians. million as of 2023.

Financial Inclusion 52

Financial Inclusion Visa Credit Cards Payments 52

Finovate

MARCH 26, 2024

Alan Bekker of eSelf on the future of AI in financial services, The Clearing House’s Jim Colassano on real-time payments, financial inclusion and wealth-building with Rodney Williams of SoLo Funds … these are just a handful of the interviews Greg Palmer and the Finovate Podcast have featured in recent weeks.

Real Time Payments 58

Real Time Payments Fraud Prevention Financial Inclusion AI 58

Fintech Finance

OCTOBER 21, 2024

ACI Worldwide’s second Real-Time Payments: Economic Impact and Financial Inclusion report leverages data from 40 countries and reveals—for the first time—an empirical link between real-time payments and financial inclusion. billion in 2023 – equivalent to the labor output of 12 million workers. billion – a 74.2%

Real Time Payments 82

Real Time Payments Financial Inclusion Instant Payments Accounts 82

The Fintech Times

JANUARY 10, 2024

In December 2023, Tenpo , the Chilean digital bank, called out the US corporation for failing to take into account financially inclusive payment methods that were popular among Chileans. The campaign aims to promote freedom of payment choice popular with locals – ensuring financial inclusion.

Financial Inclusion 71

Financial Inclusion Economy Innovation Venmo 71

Fintech Finance

NOVEMBER 26, 2024

This strategic expansion aims to boost financial inclusion by providing efficient, affordable cross-border payment solutions to one of the world’s fastest-growing economic regions. In 2023, remittances accounted for nearly 1.5 High remittance fees have historically hindered financial inclusion in the region.

Cross-Border Payments 92

Cross-Border Payments Cross-Border Financial Inclusion Underserved 92

M2P Fintech

AUGUST 25, 2023

billion transactions in July 2023, UPI has redefined the way people and businesses transact in India. Network inaccessibility keeps a large section of the population out of the ambit of digital payments and is a challenge to financial inclusion. Clocking a record high of 9.96 Want to leverage the power of offline payments?

Financial Inclusion 52

Financial Inclusion Digital Payments Online and Mobile Banking Payments 52

FICO

AUGUST 8, 2022

2023 FICO Decisions Awards Now Open. I am excited to announce that our 2023 FICO Decisions Awards are now open! Nominations are due October 28, 2022 , and winners will be announced on January 26, 2023. Financial Inclusion. in Hollywood, Florida, May 16-19, 2023. Saxon Shirley. Thu, 08/04/2022 - 10:01.

Financial Inclusion 52

Financial Inclusion AI On-Demand Innovation 52

Fintech News

DECEMBER 2, 2024

The Vietnam Consumer Trends 2024 report, released in October, explores key drivers set to fuel Vietnam’s growth and opportunities, highlighting that digital payment methods are gaining dominance, and helping improve financial inclusion and accessibility. In 2023, the number of domestic stock trading accounts reached 7.2

Financial Inclusion 69

Financial Inclusion Financial Literacy Point-of-Sale (POS) NOV 69

The Fintech Times

NOVEMBER 26, 2024

Cross-border payment hub, Tranglo , has expanded its footprint in Africa, now supporting payouts in Ethiopia, Kenya, Liberia, Madagascar, Mali, Senegal, and Zambia as it continues to aim to boost financial inclusion by providing efficient, affordable cross-border payment solutions to the region. per cent in 2024. per cent in 2024.

Cross-Border Payments 74

Cross-Border Payments Cross-Border Payment APIs and Integration Financial Inclusion 74

Fintech Finance

APRIL 4, 2024

Ahmed Samir, Regional Managing Director for Merchant Services – Egypt, Network International said, “By partnering with Souhoola, we’re not just facilitating seamless digital payments, we are also accelerating financial inclusion. billion in 2022 to 6.1 billion by 2028.

Financial Inclusion 40

Financial Inclusion BNPL Digital Payments Facilitators 40

Faster Payments Council

SEPTEMBER 23, 2023

This in-person event will take place on September 26-27, 2023, at the Hyatt Centric Beale Street Memphis in Memphis, TN. We will explore the launch of FedNow and the intricacies of operating with multiple instant networks.

FPC 88

FPC Federal Reserve RFP Faster Payments 88

Fintech News

OCTOBER 21, 2024

Initiatives like QRIS (Quick Response Code Indonesian Standard), a national standard for QR code payments launched in 2019, have allowed for standardization, making it easier for businesses and consumers, while collaboration between the government and fintech firms have helped enhance financial inclusion through clear regulations.

Financial Inclusion 143

Financial Inclusion Embedded Finance Payments Push-to-Card 143

Fintech Finance

OCTOBER 29, 2024

To promote financial inclusion and accessibility, TerraPay , a leading global money movement company, has partnered with Yape , the superapp of Peru. With a population of 32 million, Peru has become a significant player in the remittance landscape, receiving US$4,446 million in remittances in 2023.

Financial Inclusion 91

Financial Inclusion Cross-Border Economy Underserved 91

FICO

SEPTEMBER 30, 2022

Meet Our 2023 FICO Decisions Awards Judges. FICO has announced its panel of independent judges for the 2023 FICO® Decisions Awards , which honor businesses achieving outstanding results using analytics and decision management technology to grow their business, manage risk and reduce costs. 2023 FICO Decisions Awards Now Open.

Non-Bank 52

Non-Bank AI Financial Inclusion Advisors 52

Fintech Finance

AUGUST 27, 2024

billion real-time payments were processed in Mexico in 2023, making it the 10th largest real-time payments market in the world. between 2023 and 2028. “We According to ACI’s latest Prime Time for Real-Time report, 3.8

Instant Payments 80

Instant Payments Real Time Payments ISO 20022 Financial Inclusion 80

Fintech Finance

NOVEMBER 11, 2024

This consequential partnership between the company, its commercial bank shareholders and the SARB, signifies both a continuation and expansion of that role as we focus more deliberately on financial inclusion through affordable access to modern payment capabilities.”

Acquirers 87

Acquirers Instant Payments Financial Inclusion Agreements 87

Fintech Finance

OCTOBER 29, 2024

from 2023 to 2030, the region’s payment landscape is set for substantial evolution. Geidea, one of the region’s leading financial technology companies, has announced a strategic partnership with tpay , the leading payment connector in the region.

Digital Payments 88

Digital Payments Financial Inclusion Payments Underserved 88

The Fintech Times

OCTOBER 31, 2024

Saudi Arabia-based payment solution provider Geidea , is joining forces with tpay , a local payment connector, in a move to offer an integrated suite of payment methods to enhance the payment experience for merchants and consumers while driving financial inclusion across the region.

Financial Inclusion 68

Financial Inclusion Underserved Payments Payment Solutions 68

Fintech Finance

NOVEMBER 13, 2024

This collaboration will introduce Félix Pago’s digital remittance services and Mastercard-powered payment solutions in El Salvador, Honduras, Guatemala, and the Dominican Republic, significantly broadening financial access in these historically underserved regions.

Visa 80

Visa Financial Inclusion Underserved Cryptocurrency 80

Fintech News

NOVEMBER 27, 2024

Patricia Sullivan “The payments business is currently undergoing an extensive period of disruption, primarily due to the rapid advancement of technology and drive for greater financial inclusion and transparency. However, the company reported US$285,000 in revenue for 2023 compared to the previous year’s lack of income.

Cross-Border 108

Cross-Border SARS Multi-Currency Correspondent Bank 108

Fintech News

MAY 28, 2024

The Brazilian digital bank turned a net loss in 2022 into a US$1 billion net profit in 2023, with revenues exceeding US$8 billion. Nubank added nearly 20 million customers in 2023, reaching a total of 94 million, up from 54 million two years prior. billion in 2023. from 2022, reaching US$42.2

APACS 125

APACS Financial Inclusion Online and Mobile Banking Disaster Recovery 125

Fintech News

JUNE 9, 2024

From January to April this year, loan disbursements surged by 87.19% compared to the same period in 2023, reaching US$189 million. Since its launch in 2016, JULO has disbursed over US$1 billion in total, with nearly half of that amount disbursed in 2023 alone—a 50% increase from the previous year.

Financial Inclusion 113

Financial Inclusion Underserved Non-Bank Returns 113

FICO

APRIL 28, 2023

Home Blog FICO What Does 2023 Have in Store for U.S. As consumer debt and delinquencies trend back towards pre-pandemic levels, could 2023 be an inflection point for the average FICO® Score of U.S. Higher interest rates are also a big reason why many economists have been predicting a recession in 2023 in the U.S.,

Credit Risk 52

Credit Risk Risk Risk Assessment Assessments 52

Fintech News

JUNE 26, 2024

The bank also launched the “MUFG Openly-connected Digital Ecosystem” (MODE) in 2023 to foster knowledge sharing among its invested companies. Notable investments include Grab, Home Credit, Akulaku, the establishment of the Garuda Fund, and DMI Finance. Group, ANT Group, and Bow Wave Capital Management.

Financial Inclusion 118

Financial Inclusion Economy FinTech Digital Payments 118

Clearly Payments

OCTOBER 7, 2024

This growth trajectory has continued, with 2023 seeing e-commerce sales surpass $5 trillion for the first time. By 2023, contactless payments accounted for over 50% of all in-person transactions in many developed markets. By 2023, it accounted for over 20% of global e-commerce, with a market value exceeding $1 trillion.

Cross-Border 90

Cross-Border Processors Multi-Currency Contactless Payments 90

The Fintech Times

JULY 18, 2024

After successfully raising $14million in 2023, myZoi , a UAE-based fintech focused on financial inclusion and financial literacy for the underbanked, has launched its first inclusive digital wallet. myZoi seeks to support six out of 17 UN’s Sustainable Development Goals.”

Financial Literacy 58

Financial Literacy Financial Inclusion Funds Transfer Payroll 58