The Fintech Times

MARCH 14, 2024

A complex set of geographic and institutional barriers, including the fragmentation of Filipinos across over 7,000 islands, and low levels of financial literacy, are also hampering the use of financial services. Not so many years ago, Filipinos had to visit bank branches or ATMs to transfer money and manage their accounts.

Online and Mobile Banking 115

Online and Mobile Banking Financial Inclusion Encryption Financial Literacy 115

Finovate

JUNE 10, 2024

Alleviating the reliance on cash and enhancing financial inclusion and digital financial literacy are among the goals of the initiative. In 2015, the number of adults with at least one financial product was approximately 35%. With a population of more than 32 million, Peru has its work cut out for it.

Real Time Payments 83

Real Time Payments Technology Financial Inclusion Financial Literacy 83

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.

Embedded Finance 112

Embedded Finance FinTech Non-Bank Cross-Border 112

The Fintech Times

JULY 28, 2024

Additionally, launching educational initiatives to increase financial literacy and awareness about digital assets and their benefits can empower more individuals to participate in the financial ecosystem.

FinTech 92

FinTech Financial Inclusion Online and Mobile Banking Financial Literacy 92

PYMNTS

JULY 28, 2017

CO-OP Financial Services , in partnership with school supply company Yoobi , recently announced news it is offering credit unions the chance to receive a shipment of backpacks, school supplies and financial literacy resources to help children in their local communities. through the Kids in Need Foundation.

Credit Union 40

Credit Union Financial Literacy Participant Addressing 40

Fintech News

DECEMBER 20, 2023

Finally, partnerships were inked to pursue artificial intelligence (AI) opportunities, increase financial access and address challenges faced by micro, small and medium-sized enterprises (SMEs). The program components include financial literacy and capacity building, access to financing, and expanded trade opportunities.

FinTech 103

FinTech Cross-Border CBDC Web 3.0 103

Tearsheet

MARCH 21, 2024

This trend is also evident among Gen Z women, who actively participate in financial discussions and decisions with their partners. Promoting financial awareness, in Sawhney’s perspective, can be done by embracing approaches that resonate most with Gen Z.

Financial Literacy 59

Financial Literacy Debit Card Credit Cards Push-to-Card 59

The Fintech Times

FEBRUARY 16, 2024

Paystand.org is rooted in Paystand’s mission: to decentralise the financial system, transforming businesses toward a better economy. The initiative addresses the serious challenges facing emerging economies globally in financial inclusion.

Bitcoin 72

Bitcoin Blockchain Financial Inclusion Underserved 72

PYMNTS

JUNE 27, 2017

The new service will equip financial institutions to better serve beginning investors. In a press release , Fiserv said the capabilities were added through an agreement with financial services startup GoldBean. Our mission is to turn savers into confident investors,” said Jane Barratt, founder and CEO of GoldBean.

Financial Literacy 43

Financial Literacy Agreements Credit Union Advisors 43

The Fintech Times

OCTOBER 25, 2024

For instance, the RBI has set up the National Centre for Financial Education and is expanding Centres for Financial Literacy (CFLs) nationwide to promote financial awareness across demographics. The CBDC pilot programme now has over five million users and includes participation from 16 banks.

Digital Payments 59

Digital Payments FinTech Online and Mobile Banking Financial Inclusion 59

PYMNTS

FEBRUARY 20, 2018

In addition, innovators the world over are exploring how technologies like blockchain could address payments speeds and efficiency on an international level. Financial literacy is also key, while regulatory initiatives to address a decline in correspondent banking relationships — critical to cross-border payments — may also help.

Cross-Border Payments 43

Cross-Border Payments Cross-Border International Payments Electronic Funds Transfer (EFT) 43

PYMNTS

FEBRUARY 21, 2019

While these FIs are offering users different banking approaches and bringing new participants into the digital economy, they must still take the time to confirm that their customers are who they claim to be. On top of that, Wilobank hopes to give customers younger than 18 access to bank accounts to promote financial literacy. .

Financial Inclusion 46

Financial Inclusion Financial Literacy Push-to-Card Credit Cards 46

CB Insights

OCTOBER 26, 2020

Most companies need help navigating the process, and investment banks participate in this service along with lawyers. MEMX was founded by 9 financial services institutions including Bank of America Merrill Lynch, Charles Schwab , and Citadel Securities with the goal of simplifying equity trading.

Underwriting 78

Underwriting Research Online and Mobile Banking Non-Bank 78

The Payments Association

NOVEMBER 18, 2024

Children must develop their digital literacy and financial literacy skills in tandem. From opening the first bank account to education loans, mortgages, insurance, and pensions, the importance of continuous reinforcement of financial skills throughout an individual’s life cannot be overstated.

Financial Literacy 88

Financial Literacy Financial Crimes Crime Scams 88

The Fintech Times

OCTOBER 31, 2024

Financial inclusion Building on this momentum, Bangladesh launched its first National Financial Inclusion Strategy 2021-2026. Financial inclusion has since grown significantly, with at least half of the population now participating in the formal financial system, a leap from just 30 per cent previously.

Financial Inclusion 72

Financial Inclusion FinTech Financial Literacy Correspondent Bank 72