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Fintech in Emerging Markets: Opportunities and Challenges

Fintech Review

Similarly, in Southeast Asia, mobile money platforms like GCash in the Philippines are transforming the financial landscape. These platforms provide a lifeline for people in remote and underserved areas. Nubank’s growth underscores the potential for fintech to address inefficiencies in conventional banking systems.

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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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Digital Ghosts: Millions Unable to Access Services Due to Inadequate Financial Records

The Fintech Times

Additionally, legacy identity verification systems struggle with biases in name matching, incorrect address normalisation, and inadequate coverage for localized address formats common in areas where many legal immigrants live. The industry must come together to prioritise financial inclusion.”

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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. Adam Telem, Vice President, Product Management, Mastercard, who moderated the session underscored a key concept being addressed by the FPC. "It

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In Profile: Rajat Dayal, CEO of Yabx

The Fintech Times

Yabx has been on this journey to build this credit infrastructure ground up and enable financial access for the underserved. Our platform leverages alternate data sources, enhanced digital journeys, and real-time decisioning to drive responsible growth in the financial sector. million consumers and MSMEs through the platform.

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Blockchain and Bitcoin Education Targeted by Paystand with Paystand.org Launch

The Fintech Times

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. per cent.

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More Than Half the Fintech Industry Seeing Growth from Strong Consumer Demand

Fintech News

In Asia Pacific, the lack of a skilled workforce and poor digital and financial literacy were also factors, however this trend can also be observed globally. The commitment to financial inclusion remains a cornerstone of the fintech value proposition.

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