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

Fintech Finance

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. Financial innovation is not limited to central banks. by 2024.

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Top 15 Fintech Events in APAC to Attend in 2024

Fintech News

Fintech funding in APAC recorded a significant decline in H1 2023, dropping from US$6.8 As the fintech sector continues to grow and evolve in APAC, organizers are hosting a number of large-scale events to showcase the region’s latest innovations and fastest-growing players. AI, and regional developments in the financial sector.

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Overcoming Huge Infrastructure and Inclusion Challenges: How Can Fintech Help Develop Timor-Leste?

The Fintech Times

One of the poorest countries in the Asia-Pacific (APAC) region, East Timor, or Timor-Leste, is trying to foster economic development and growth, albeit while facing a number of challenges. As the country looks to ensure future stability, we ask how big a role fintech can play in making progress. In fact, some key work has already begun.

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Most Successful Real-Time Payments Regions Are APAC and MEA Finds ACI Worldwide and GlobalData

The Fintech Times

It also identifies how lawmakers and central banks are pushing for adoption, determined to reap the economic benefits of real-time payments and drive financial inclusion for their citizens. With four of the top five real-time payments markets by volume, the APAC region is projected to see over 351.5 It had 185.8

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

Fintech News

3 Programmable Money: Advancing Financial Inclusion or Creating Walled Gardens, Powered by J.P. The discussion will cover key aspects such as the impact on cross-border payments, liquidity funding needs, and the broader implications for financial inclusion and the global movement of money.

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

The Fintech Times

The first event was the introduction of the Unified Payments Interface (UPI) by the National Payments Corporation of India (NPCI), a nonprofit organisation backed by India’s central bank and leading banks. In 2014, only 53 per cent of adults in India had bank accounts, but by 2021, this figure had risen to 78 per cent.

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Is Project Nexus a Model for Global Instant Cross-Border Payments?

Fintech News

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). How Does Project Nexus Work?