Remove APACS Remove CBDC Remove Financial Inclusion
article thumbnail

Universal Digital Payments Network (UDPN) and FORUS Digital Announce Strategic Cooperation to Advance Financial Innovation in Africa

Fintech Finance

Over 350 million adults in Africa live on a cash-only basis ( [link] ), without access to financial accounts, credit cards, or lending facilities. Digital currency systems could prove to be key in improving financial inclusion and opening up new opportunities to large underbanked communities in many African countries.

article thumbnail

Here Are the Top 10 Must-Attend Sessions at Money20/20 Asia 2024

Fintech News

The session will shed light on the regulator’s drive towards innovation, transparency, and collaboration, highlighting initiatives like mBridge for cross-border CBDC payments and the successful real-time payments between PromptPay in Thailand and PayNow in Singapore. 7 CBDCs – The New Frontier of Money?

article thumbnail

Here Are the Top 10 Must-Attend Sessions at Money20/20 Asia 2024

Fintech News

The session will shed light on the regulator’s drive towards innovation, transparency, and collaboration, highlighting initiatives like mBridge for cross-border CBDC payments and the successful real-time payments between PromptPay in Thailand and PayNow in Singapore. 7 CBDCs – The New Frontier of Money?

article thumbnail

India’s Rise in Fintech: How Digital Payment Infrastructure is Shaping Economic Growth

The Fintech Times

Accelerating financial inclusion Though demonetisation was abrupt, it accelerated digitalisation in India, with a significant impact on financial inclusion. India is also experimenting with a central bank digital currency (CBDC) called the digital rupee, which launched in 2022.

article thumbnail

Addressing the Silent Crisis of Failed Payments

Fintech News

In APAC, financial inclusion has emerged as a driving force behind digital innovation. ” Against this backdrop, he placed a strong emphasis on financial inclusion and transparency, particularly in the context of Asia’s developing markets.

article thumbnail

SFF 2024 Awards Highlights Fintech Innovation with Updated Categories, New AI Focus

Fintech News

These awards highlight companies and individuals whose fintech initiatives have contributed to advancing financial technology, promoting financial inclusion, and improving service delivery. RCBC Diskartech is a multilingual financial inclusion application, available in Taglish (Tagalog-English) and Cebuano.

AI 82
article thumbnail

Money20/20 Asia 2024: Event Recap and Main Announcements

Fintech News

Day 2 featured discussions on small business empowerment, consumer financial resilience, and lending strategies in Thailand. Day 3 explored topics like Web3 developments, Malaysia’s fintech journey, and fostering financial inclusion in Asia. Finally, TOPOS is an on-chain payment acquiring product.