Remove Addressing Remove Financial Inclusion Remove Participant
article thumbnail

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.

article thumbnail

Exploring How Faster Payments Can Support Financial Inclusion

Faster Payments Council

During our Spring Conference earlier this month, we held a session called, "Faster Payments: Accelerating Financial Inclusion." Adam Telem, Vice President, Product Management, Mastercard, who moderated the session underscored a key concept being addressed by the FPC. "It But that is what we can address with education."

article thumbnail

Coinbase Sets Sights on Thai Baht and Philippine Peso Stablecoins

Fintech News

During the event, participants, including non-Thai attendees, were able to convert dollar stablecoins to baht stablecoins without foreign exchange fees. Stablecoins also address financial inclusion challenges.

article thumbnail

Cross-Border Payments in Numbers: Global Corporations Lost $120 Billion in Transaction Fees

Fintech Finance

The current cross-border payment system imposes high costs on businesses and economies worldwide, stifling economic potential and limiting financial inclusivity. Challenges to financial inclusivity Cross-border payment challenges disproportionately affect low-income individuals and small businesses in developing regions.

article thumbnail

Mastercard And The Future Of Financial Inclusion

PYMNTS

One of them is that too many people in the world are denied access to banking and financial services of any kind. That this lack of financial inclusion excludes them from participating in most of the payments and commerce activities that most of those reading this take for granted. The second?

article thumbnail

Hakbah Supports Increased Savings Rates and Financial Inclusion in Saudi With Tawuniya Partnership

The Fintech Times

Hakbah , the Saudi-based fintech savings platform, is addressing a gap in the insurance market as it partners with Tawuniya , the national insurance company in Saudi Arabia. Key benefits of the partnership include extensive insurance coverage, enhanced financial security, and alignment with Saudi Vision 2030.

article thumbnail

IFC Invests US$23.8M in Thai Credit Bank to Support Women-Led MSMEs

Fintech News

The collaboration between IFC and Thai Credit Bank not only aims to address these financial barriers but also intends to offer tailored non-financial services, including training and networking opportunities for WMSMEs.