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.

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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.

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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.

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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 59

Real Time Payments Financial Inclusion Fraud Prevention AI 59

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.

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Financial Inclusion Economy Innovation Debit Card 72

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?

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Financial Inclusion Digital Payments Online and Mobile Banking Payments 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 97

Instant Payments Real Time Payments ISO 20022 Financial Inclusion 97

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.

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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.

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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.

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FPC Federal Reserve RFP Faster Payments 88

Fintech News

SEPTEMBER 10, 2024

trillion in consumer spending across channels in 2023. Their growing popularity has spurred continuous financial innovation, such as the rise of buy now, pay later (BNPL). In 2023, BNPL arrangements represented 4% of e-commerce transaction value, a significant increase from the mere 1% in 2020. million registered users.

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Cross-Border Payments Cross-Border APACS Interoperability 107

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.

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Non-Bank AI Financial Inclusion Advisors 52

Fintech Finance

SEPTEMBER 9, 2024

Ecommerce has seen rapid local growth over the past few years, with 38% of merchants experiencing increase in online sales between 2022 and 2023, according to Payfast’s 2023 State of Pay report. Ecommerce is now an essential part of shoppers’ routines, which allows for greater customisation of the user experience.

Consumer 96

Consumer Payment Gateways Financial Inclusion Payment Solutions 96

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.”

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Financial Literacy Financial Inclusion Funds Transfer Payroll 59

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

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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 112

Financial Inclusion Underserved Non-Bank Returns 112

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 119

Financial Inclusion Economy FinTech Digital Payments 119

Fintech Finance

SEPTEMBER 18, 2024

According to the Financial Stability Board 2023 , fees for international payments currently average 1.5% Collaborating with Ontop underscores our commitment to financial inclusion and innovation in high-growth markets,” says Justo Benetti, SVP Head of Americas at dLocal. “We for remittances.

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Payroll Cross-Border Payments Cross-Border Financial Inclusion 59

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

The Fintech Times

SEPTEMBER 12, 2024

According to the Borderless Payments Report 2023 by Mastercard, 48 per cent of people in the UAE expect to send cross-border payments more frequently. Backing financial inclusion “We are thrilled to embark on this strategic journey with Mastercard,” added Omar Onsi , CEO of NymCard.

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Visa Cross-Border Cross-Border Payments Financial Inclusion 64

Wharton Fintech

JANUARY 2, 2024

Top 5 Episodes of 2023 Our top 5 episodes of the year, bringing you the latest in fintech innovation: Coatue — Michael Gilroy. In this episode you will hear about: Michael’s investing philosophy, The State of Fintech in 2023, and the “Rule of 200” for fintech investments SoFi — Anthony Noto, CEO. Saudi Arabia (~2%) 6. ??

FinTech 40

FinTech Cross-Border Payments Cross-Border Non-Bank 40

Fintech Finance

MARCH 18, 2024

billion transactions in 2023 to 21.2 As a result, instant payments as a share of all electronic payments in the EU will increase by 6.1% (from 5% in 2023 to 11.1% This news comes at a time when young Europeans face serious financial challenges. We are proud to play our part in improving prosperity and financial inclusion.”

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Instant Payments Financial Inclusion Finance Payments 52

Fintech Finance

SEPTEMBER 11, 2024

According to the Borderless Payments Report 2023 by Mastercard, 48% of people in the UAE expect to send cross-border payments more frequently. Our joint commitment to innovation and financial inclusion will undoubtedly reshape the landscape of cross-border fund transfers in the region.

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Cross-Border Payments Cross-Border Visa Near Real-Time 97

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. Digital transactions accounted for 17.4% of total retail transactions, indicating a gradual shift towards cashless payments.

FinTech 111

FinTech Online and Mobile Banking Financial Inclusion Payroll 111

Fintech News

MAY 14, 2024

Asia Pacific recorded the highest digital payment transaction value in 2023, worth US$ 29,063 billion and accounting for 52% of the global total. With cards being the most popular payment method in the region, credit and debit cards are expected to generate the bulk of new sales over the 2023-2028 period.

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Digital Payments Debit Card APACS Credit Cards 104

Fintech News

JANUARY 7, 2024

This funding boost comes after KOMUNAL’s operational profitability in the second half of 2023. In 2023, KOMUNAL reported a significant growth, channeling a total of US$ 600 million in combined loans and deposits, nearly three times the amount of the previous year. ” said Hendry Lieviant, Co-Founder & CEO of KOMUNAL.

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Financial Inclusion Underserved Participant FinTech 118

Open Banking

SEPTEMBER 5, 2024

It will also help deliver productivity gains, financial inclusion, and reduce the cost of living for our citizens and small businesses.

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Financial Inclusion Economy Authorization SWIFT 52

Fintech News

DECEMBER 10, 2023

With data gathered from over two million fraud attempts across 224 countries and territories, Sumsub’s Identity Fraud Report 2023 breaks down the changing yet pervasive outlook for identity scams this year. Additionally, the sector’s impressive growth is reflected in the 2023 Singapore Fintech Map, with 700 companies now featured.

FinTech 114

FinTech Cross-Border Deepfake Cross-Border Payments 114

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.

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Digital Currency CBDC Cross-Border Payments Cross-Border 111

Fintech Finance

SEPTEMBER 4, 2024

of the population, and a projected market growth for digital payments of 16.12% from 2023 to 2027, reaching a size of US$8,441.00 million, Zambia is primed for innovation in financial services. million mobile connections representing 78.7%

Debit Card 98

Debit Card Visa Payment APIs and Integration Instant Payments 98

Fintech News

MARCH 3, 2024

Platformification, modernisation, banking transformation, financial inclusion, digital innovation, composable journeys, and omnichannel experiences—these are not just objectives and aspirations, but the very fabric of the banking industry’s evolution.

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Financial Inclusion Participant Innovation Consulting 107

Fintech News

MARCH 27, 2024

These collaborations are primarily in sectors such as Information & Communication Technology (ICT), retail, among others, with the goal of advancing economic and financial inclusion in Indonesia. LinkAja has recently reported achieving positive EBITDA for two consecutive quarters by the end of 2023.

Security 94

Security Financial Inclusion FinTech Finance 94

Finovate

JUNE 10, 2024

The initiative has been hugely successful; in 2023, the number of UPI transactions exceeded 100 billion. The development is a major feather in the cap of India’s fintech industry and another great example of how countries in Latin America are embracing fintech innovation to promote financial inclusion.

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Real Time Payments Technology Financial Inclusion Financial Literacy 83

The Fintech Times

JUNE 10, 2024

Payments are rapidly evolving across the globe, as the pendulum swings away from traditional financial institutions, and towards innovative fintechs and payments providers. Digital wallets, in particular, look set to change the global payments landscape, enhance financial inclusion, and present new opportunities for businesses, says Visa.

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Value Added Service Financial Inclusion Cross-Border Contactless Payments 78

The Fintech Times

JULY 31, 2024

It also estimates that global remittances increased to around $857.3billion in 2023, led by India with $115.3billion (equating to around 13.4 RBI also notes that India emerged as one of the top recipients of fintech funding in recent years, with $2.6billion of flows in 2023. So how has India achieved this?

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Real Time Payments Cross-Border Volume Financial Inclusion 59

Open Bank Project Blog

NOVEMBER 20, 2023

Originally published: 11 October 2020 Updated: November 2023 With over 100 countries either implementing or planning an Open Banking framework, the movement is encouraging data-sharing in the global financial services industry.

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Regulations Financial Inclusion Consumer Protection Origination 52

Fintech News

JULY 3, 2024

In Q4 2022, Moca by Grab ranked as the sixth most used digital financial platform in Vietnam with an 8% penetration rate, results from a survey of more than 1,500 consumers reveal. However, by Q4 2023, Moca had slipped out of the top rankings, replaced by mobile apps from traditional banks.

Finance 109

Finance Online and Mobile Banking Micro-Entry Non-Bank 109