Center for Payments

OCTOBER 20, 2023

When recognizing Cybersecurity Month in October, it is important to consider the connection between cybersecurity, cutting-edge technology, and financial inclusion. Executives of financial institutions should have a good understanding of the importance of financial inclusion and the impact technology has on it is essential.

Financial Inclusion 40

Financial Inclusion Cybersecurity Innovation Online and Mobile Banking 40

Fintech Finance

NOVEMBER 18, 2024

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.

Cross-Border Payments 120

Cross-Border Payments Cross-Border Transactions Financial Inclusion 120

The Fintech Times

NOVEMBER 18, 2024

To address these issues, Mastercard has joined Buna, the cross-border payment system operated by the Arab Regional Payments Clearing and Settlement Organisation (ARPCSO), owned by the Arab Monetary Fund (AMF). How does this partnership help Mastercard scheme participants work within the heavily fragmented MENA region?

Cross-Border Payments 69

Cross-Border Payments Cross-Border Visa Participant 69

Fintech Finance

AUGUST 27, 2024

Mexipay will utilize ACI’s Digital Central Infrastructure solution, part of the award-winning ACI Enterprise Payments Platform, to address the need for enhanced real-time payment services. According to ACI’s latest Prime Time for Real-Time report, 3.8

Instant Payments 83

Instant Payments Real Time Payments ISO 20022 Financial Inclusion 83

Fintech Review

JULY 10, 2024

By leveraging cryptocurrencies and smart contracts, DeFi circumvents barriers such as geographic limitations and bureaucratic hurdles, thereby empowering users to actively participate in global financial markets. Transactions on blockchain networks are recorded immutably, reducing the risk of fraud and corruption.

Finance 97

Finance Financial Inclusion Underserved Blockchain 97

Fintech News

NOVEMBER 4, 2024

The Pay It Forward report, grounded in a comprehensive survey of over 500 participants and in-depth interviews, provides an extensive examination of the digital payment landscape in Singapore. This divide poses concerns of social exclusion, economic disadvantages, and susceptibility to scams.

Digital Payments 87

Digital Payments Financial Inclusion Best Practices Payments 87

The Fintech Times

NOVEMBER 13, 2024

DigMo plans to directly address this gap, offering a free digital money account with a special account for users to play a ‘financial planning game’ The offerings aims to incentivise customers to begin putting money away for the future.

Accounts 59

Accounts Financial Inclusion Underserved Compliance 59

Fintech Finance

OCTOBER 28, 2024

By expanding its services, Kuady is enhancing financial access and inclusion across Latin America, enabling more people to participate in the digital economy. By facilitating cross-border transactions, we aim to create a more interconnected financial ecosystem that benefits both our partners and the communities they serve.”

Cross-Border 76

Cross-Border Financial Inclusion Processors Facilitators 76

Fintech Finance

SEPTEMBER 24, 2024

Address institutional changes that may include the rationalisation of current institutions and changes to governance to underpin a resilient, modern, efficient and inclusive payment ecosystem that meets the evolving needs of businesses and consumers. Prioritise initiatives and decide on investment programmes.

Cross-Border Payments 74

Cross-Border Payments Financial Inclusion Cross-Border Financial Crimes 74

The Fintech Times

SEPTEMBER 23, 2024

This functionality was officially integrated during Seamless North Africa , where BKN301 Group and Damen revealed plans to address the growing demand for personalised financial solutions. At BKN301, we are passionate about driving financial inclusion and fostering innovation, especially for the unbanked segments. .”

Payment APIs and Integration 59

Payment APIs and Integration Financial Inclusion Web 3.0 Embedded Finance 59

Fintech News

NOVEMBER 6, 2024

The event, organised by Singapore’s Global Finance & Technology Network ( GFTN ), Rwanda’s Kigali International Financial Centre (KIFC), and the National Bank of Rwanda, aims to leverage technology for economic inclusion. Rwanda’s role as a co-host underscores its growing prominence in the global fintech landscape.

FinTech 70

FinTech Cross-Border Financial Inclusion Addressing 70

Fintech News

FEBRUARY 14, 2024

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.

Financial Inclusion 98

Financial Inclusion Non-Bank Underserved Finance 98

PYMNTS

MARCH 1, 2017

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?

Financial Inclusion 60

Financial Inclusion Visa Interoperability Economy 60

Fintech Finance

NOVEMBER 5, 2024

GSMA and UK Finance have joined forces to provide a collaborative framework for the UK’s leading mobile network operators and banks to develop and launch Scam Signal, a new solution to help address Authorised Push Payment (APP) fraud in the UK. Register your interest in the GSMA’s Connected Fintech and Commerce community here.

Online and Mobile Banking 88

Online and Mobile Banking Scams Fraud Detection API 88

Fintech News

JULY 3, 2024

The Bank for International Settlements (BIS) and its partners have revealed the comprehensive blueprint for phase three of Project Nexus, which seeks to address longstanding challenges in international money transfers by leveraging the power of domestic instant payment systems (IPS). Nexus Scheme Organisation (NSO) structure.

Cross-Border Payments 102

Cross-Border Payments Cross-Border Instant Payments Central Bank 102

Fintech News

APRIL 8, 2024

The show will bring together over 3,000 senior decision-makers and 200+ speakers, sponsors, and exhibitors, and address key industry themes such as financial inclusion, sustainability, cybersecurity, and regulatory frameworks. Integration, a cornerstone of fintech advancement, will be spotlighted.

FinTech 104

FinTech Cross-Border APACS Participant 104

The Fintech Times

JULY 5, 2024

What are the biggest challenges in promoting financial education in the MENA region, and how has LIBF addressed them? LIBF addresses these challenges by offering courses taught by leading industry expert faculty and providing participants with access to industry guest speakers and current case studies.

Participant 69

Participant Continuing Education AI Finance 69

The Fintech Times

OCTOBER 25, 2024

Accelerating financial inclusion Though demonetisation was abrupt, it accelerated digitalisation in India, with a significant impact on financial inclusion. Analysts estimate the total addressable market will hit $1.3trillion by 2025, while assets under management and revenue are on track to reach $1trillion by 2030.

Digital Payments 59

Digital Payments FinTech Online and Mobile Banking Financial Inclusion 59

Fintech News

NOVEMBER 12, 2024

The ninth edition of the Singapore Fintech Festival (SFF) wrapped up on 8th November, concluding a dynamic week-long of celebration of fintech that brought together tens of thousands of participants from around the world. The year’s conference featured an impressive lineup of over 900 speakers across more than 400 sessions.

FinTech 73

FinTech Cross-Border Payments Cross-Border Payment APIs and Integration 73

Finovate

JUNE 10, 2024

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. In 2015, the number of adults with at least one financial product was approximately 35%.

Real Time Payments 83

Real Time Payments Technology Financial Inclusion Financial Literacy 83

Fintech News

NOVEMBER 3, 2024

The themes include the responsible use of AI and quantum technology; scaling digital assets; addressing global payment gaps; promoting sustainable finance; enhancing financial inclusion; and navigating the future talent landscape shaped by generative AI.

AI 85

AI FinTech Financial Inclusion Finance 85

The Fintech Times

JULY 28, 2024

“SteelWave Digital can further bridge the financial accessibility gap by expanding its strategic partnerships with global liquidity providers to enhance capital flows into underserved markets. These technologies need to be modern, not outdated. “In the world of finance, technology should and can serve people.

FinTech 92

FinTech Financial Inclusion Online and Mobile Banking Financial Literacy 92

PYMNTS

MAY 10, 2016

Just a few months ago at PYMNTS’ Innovation Project 2016 , PayPal CEO Dan Schulman told Karen Webster that “financial inclusion is really about financial health.”. Acquiring that financial health means financial institutions are able to not only know, but accurately identify, their customers.

Financial Inclusion 42

Financial Inclusion Demand Deposit Account (DDA) Online and Mobile Banking Authentication 42

PYMNTS

OCTOBER 18, 2020

Stellar CEO Denelle Dixon will be part of a new four-person panel on the private sector’s role in addressing cross-border payment issues at the International Money Fund (IMF)’s annual meeting on Monday (Oct. The panel will be webcast and will begin at 9 a.m.

Cross-Border Payments 76

Cross-Border Payments Cross-Border Financial Inclusion Blockchain 76

Fintech Finance

JUNE 5, 2024

Ritesh Shukla, CEO of NPCI International, said, “Our partnership with the BCRP aims to strengthen Peru’s financial infrastructure, to foster economic growth. The BCRP aims to promote financial inclusion, security, and efficiency, and to introduce new use cases in digital payments.

Real Time Payments 52

Real Time Payments Financial Inclusion Agreements International Payments 52

Fintech Review

OCTOBER 7, 2024

This development addresses the demand for faster, more cost-effective global transactions, reducing the complexities of conventional financial systems. By offering greater financial inclusion and opening access to new markets, XSGD will drive digital asset adoption and accelerate innovation in cross-border payments.

Cross-Border Payments 52

Cross-Border Payments Cross-Border Stablecoins Financial Inclusion 52

Fintech Finance

OCTOBER 4, 2024

The context and challenges of each impact the means, not the end, because the result of this digital revolution is very similar in all these regions: economic development, financial inclusion, and innovation,” says Juliana Etcheverry , Director of Country Growth – Latin America at EBANX.

Consumer 84

Consumer Credit Cards Online and Mobile Banking Economy 84

Fintech Finance

MAY 8, 2024

Our report aims to address the diverse needs and expectations of consumers, businesses, and financial institutions, laying the groundwork for widespread adoption and innovation.” This report not only outlines the challenges but also offers modern solutions to create a streamlined and reliable process for all participants.”

Faster Payments 52

Faster Payments FPC Payments RFP 52

Fintech Finance

SEPTEMBER 30, 2024

Digital payments have become part of our daily lives and are increasingly crucial to fostering financially inclusive economies. This false sense of security is compounded by the fact that 61% of participants have changed their behavior or reduced their use of payment platforms due to fears about cyber scams.

Scams 83

Scams Digital Payments Consumer Payments 83

PYMNTS

MAY 29, 2018

Today, social media can’t address those needs. This is not to say that social media data can’t be used in the future, but financial institutions are still grappling with how it can be predictive of credit behavior over time.”. Credit applications do not ask for these specific details for this very reason,” the report notes.

Financial Inclusion 62

Financial Inclusion Underwriting Credit Cards Disputes 62

Finovate

DECEMBER 20, 2023

The memo notes the subject of the meeting as “Meeting with BlackRock re: iShares Bitcoin Trust”, lists the meeting participants, and indicates that the conversation “concerned The NASDAQ Stock Market’s proposed rule change to list and trade shares of the iShares Bitcoin Trust under NASDAQ Rule 5711(d).”

Bitcoin 75

Bitcoin Payment APIs and Integration Financial Inclusion Blockchain 75

Fintech Finance

APRIL 19, 2024

Faster Payments Council (FPC), a membership organization devoted to advancing safe, easy-to-use faster payments in the United States, is pleased to announce the release of its latest report, How QR Codes Address ‘the Last Mile’ Adoption of Faster Payments at the Point-of-Sale. ” The report delves into international and U.S.

Faster Payments 59

Faster Payments FPC Payments Best Practices 59

The Fintech Times

MAY 15, 2024

From government officials and policymakers to start-up founders, the two-day Dubai FinTech Summit 2024, held at Madinat Jumeirah, saw over 300 thought leaders participate in 125 discussions across five stages and over 200 exhibitors showcasing cutting-edge technologies.

FinTech 59

FinTech Advisors Financial Inclusion Participant 59

Fintech Finance

JANUARY 22, 2024

Beyond card offerings, small businesses can also participate in Mastercard’s SME business education program. In line with our commitment to driving financial inclusion, Mastercard has pledged to bring 50 million micro, small and medium enterprises worldwide into the digital economy by 2025. SMEs are the backbone of the economy.

Visa 90

Visa Small Business Economy Non-Bank 90

The Fintech Times

DECEMBER 12, 2023

UnionPay has decided to partner with local infrastructure and, in so doing, support local on-soil capability creating additional economies of scale through existing card rails for South African payments participants. Inviting innovation that caters for these segments will address the persisting financial inclusion challenge.

Processors 59

Processors Acquirers Financial Inclusion Participant 59

The Fintech Times

MARCH 14, 2024

Benefits of digital wallets The surge in e-wallet popularity underscores the real demand to address the unbanked population and bolster financial inclusion, fundamentally reshaping the lives of millions of individuals.

Online and Mobile Banking 115

Online and Mobile Banking Financial Inclusion Encryption Financial Literacy 115

Fintech News

AUGUST 12, 2024

Ecosystem banking helping FSIs capture untapped opportunities Another significant fintech trend in India is ecosystem banking, where financial service providers offer holistic solutions that integrate financial services within non-financial ecosystems. between fiscal year 2022 and fiscal year 2029, and reach US$21.12

Embedded Finance 99

Embedded Finance FinTech Non-Bank Cross-Border 99