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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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Exploring How Faster Payments Can Support Financial Inclusion

Faster Payments Council

April is Financial Literacy Month, when the nation is focused on spreading financial literacy education to help consumers understand how to better manage money. During our Spring Conference earlier this month, we held a session called, "Faster Payments: Accelerating Financial Inclusion."

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How Is Embedded Finance Ensuring the Checkout Experience Is Financially Inclusive?

The Fintech Times

We hear from industry experts on how embedded finance ensures the checkout experience is financially inclusive. “Taking this a step further would be customising financial offerings to meet the unique requirements of various sectors. “Promoting financial literacy and transparency is crucial.

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Fintech in Emerging Markets: Opportunities and Challenges

Fintech Review

This has significantly increased financial inclusion, empowering millions who previously had no access to banking services. In Ghana, MTN Mobile Money has become a vital financial tool. Nubank’s growth underscores the potential for fintech to address inefficiencies in conventional banking systems.

FinTech 105
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Visa, GSMA Launch Digital Finance Inclusion Initiative for 20 Million People Globally

Fintech News

For instance, women in these regions are 20% less likely to have a formal financial account, and smallholder farmers, who produce over 30% of the world’s food, often lack access to essential financial services. The DFA Initiative aims to address these challenges through several key strategies.

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Wealthtech and Investing in the Middle East and Africa 2024

The Fintech Times

Financial literacy However, a significant challenge persists – financial literacy, particularly regarding concepts like savings. Addressing this challenge is crucial for promoting financial inclusion and stability across the region.

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Peru Pursues Real-Time Payments via India’s UPI Technology

Finovate

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. With a population of more than 32 million, Peru has its work cut out for it.