Fintech News

NOVEMBER 6, 2024

This announcement recognises FOMO Pay’s dedication to fostering financial inclusion and growth across the APAC region and beyond.” ” Featured image credit: Edited from Freepik The post FOMO Pay and BNY to Streamline USD Payment Services for Corporate Clients appeared first on Fintech Singapore.

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Fintech News

MARCH 6, 2024

In celebration of this year’s International Women’s Day on 8 March, the Fintech News Network is unveiling its selection of ten of the most influential female fintech leaders in Asia Pacific (APAC). Their influence goes beyond their own organisations, significantly impacting the fintech sector across the entire APAC region.

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The Fintech Times

OCTOBER 23, 2024

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. During 2019 and 2020, the total number of financial services access points jumped from 1,642 to 4,925 – an increase of 200 per cent.

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Fintech News

SEPTEMBER 24, 2024

This solution also facilitates embedded finance and contextual banking, allowing banks to offer financial services through partner ecosystems via a Banking-as-a-Service (BaaS) model. This is particularly relevant for underbanked regions in Southeast Asia and the Middle East, where financial inclusion remains a priority.

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The Fintech Times

MAY 1, 2024

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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Fintech News

OCTOBER 7, 2024

This will transform how individuals and businesses transact internationally, unlocking new opportunities for financial inclusion and global trade,” said Jason Tay, Head of Commercial at StraitsX. The post StraitsX’s XSGD Expands Reach with Bitstamp Listing appeared first on Fintech Singapore.

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Fintech News

SEPTEMBER 30, 2024

Niklas Wiberg expressed support for Vilja’s initiative and highlighting the importance of promoting innovation that drives economic growth and financial inclusion. His remarks underscored the significance of international collaboration in advancing the region’s financial landscape. Swedish Ambassador to Malaysia, H.E.

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PYMNTS

SEPTEMBER 24, 2020

In a Masterclass interview with PYMNTS, Tom Donlea , vice president and general manager, APAC at global identity verification provider Ekata , said Asia offers greenfield opportunities — and some areas of risk — for merchants looking to offer digital wallets. For the firms that get it right, the opportunity within APAC is significant.

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Fintech Finance

AUGUST 7, 2024

dLocal , the leading cross-border payment platform specializing in high-growth markets, today announced its strategic partnership with iTransfer , a prominent cross-border payments company with a significant presence in EMEA, Latin America, and APAC. “We are excited to extend our reach and continue delivering top-tier payment solutions.”

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Fintech News

OCTOBER 28, 2024

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.

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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.

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Fintech News

MARCH 5, 2024

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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The Fintech Times

APRIL 22, 2024

Codebase Technologies , a UAE-based fintech platform provider, has launched its ‘Digibanc SME Financing’ platform to address the needs of underserved Micro, small, and medium-sized enterprises (MSMEs) across MENA and APAC.

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The Fintech Times

APRIL 17, 2024

Financial inclusion and fostering financial empowerment in Southeast Asia are hot topics on the agenda at this month’s Money20/20 ASIA event in Bangkok. Speakers from 15 APAC countries will explore the future of finance, celebrating innovation in Southeast Asia across four stages. “Asia, home to 4.7

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Fintech News

MARCH 5, 2024

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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Fintech News

DECEMBER 10, 2023

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.

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The Fintech Times

MAY 17, 2024

The Money20/20 Asia show welcomed over 3000 attendees, who traveled from 87 countries including 24 countries in APAC. ” Unsurprisingly, AI, cross-border payments, open banking, digital assets, CBDCs, as well as financial inclusion were hot topics on stage at Money20/20 Asia.

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Fintech News

MAY 14, 2024

Card Payments Surge Across APAC Among card payments, debit cards remain the most popular transaction type in China, boosted by a state-backed inclusive finance programme to encourage bank account openings in rural areas. In India, credit card payment transactions recorded the highest growth in APAC.

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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. 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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The Fintech Times

APRIL 25, 2024

She further showed how fintech is driving financial inclusion and explored trends in fundraising, investing, Islamic fintech as well as digital assets. It also gave an overview of impactful strategies, partnerships and innovations making financial services accessible and empowering communities. .

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Fintech News

APRIL 8, 2024

Money20/20 Asia 2024 in Bangkok, which marks the event’s third location following Amsterdam and Las Vegas, promises a comprehensive platform for professionals across the Asia-Pacific (APAC) region to explore the latest advancements in fintech across a wide range of sectors, including payments, banking, regtech, insurtech, lending, and more.

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Fintech News

MARCH 4, 2024

With four stages and speakers from 15 APAC countries, the show invites exploration of trends, success stories, and investment strategies. Ian Fong “Home to the largest emerging markets, all eyes are on Asia which has been identified to be the largest financial ecosystem in the world by 2030. Masakazu Osawa “Asia, home to 4.7

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Fintech Finance

JANUARY 15, 2024

WSPN , a leading global digital payments company, proudly announces a strategic collaboration with Fireblocks , an enterprise platform to manage digital asset operations and build innovative businesses on the blockchain, to expand global digitals payment adoption and propel financial inclusion.

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Fintech News

NOVEMBER 12, 2024

These experts covered some of the industry’s hottest trends and most urging issues, including artificial intelligence (AI), quantum computing, digital assets, next-generation transactions, and financial inclusion. It aims to accelerate digital transformation and advance financial inclusion.

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Fintech News

APRIL 28, 2024

Day 3 explored topics like Web3 developments, Malaysia’s fintech journey, and fostering financial inclusion in Asia. Nium also revealed that its partner Jeonbuk Bank in Korea is now live with a real-time remittance service, further reflecting the company’s growth in the Asia-Pacific (APAC) region.

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PYMNTS

NOVEMBER 30, 2020

trillion in MSME lending goes unserved each year worldwide, while over half of that funding gap occurs in the Asia-Pacific (APAC) area, according to the announcement. It also illustrates Velo’s capacity as a bridge asset enabling greater financial inclusion.”. The International Finance Corporation forecasts that $5.2

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Fintech Finance

APRIL 22, 2024

Nium has also made headway into the dynamic landscape of Korea with the official launch of a key Korean bank, marking a pivotal milestone in its expansion journey and supporting its mission to further financial inclusion, globally. Then at 3:00 p.m.

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Fintech News

SEPTEMBER 9, 2024

Frederic Ho, who is the APAC VP at Jumio , a global provider of automated, AI-driven identity verification said that online identity verification plays an important role in digital transformation to ensure the transacting person is who they claim to be. .

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Fintech Finance

APRIL 30, 2024

The report also reveals that many of the newer market entrants around the globe are quickly catching up, with lawmakers and central banks around the world pushing for adoption, determined to reap the economic benefits of real-time payments and drive financial inclusion for their citizens. Key Findings at a Glance Globally, 575.1

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Fintech News

JULY 3, 2024

The ambitious initiative is targeting to transform cross-border payments in Southeast Asia (ASEAN) initially, before the broader Asia Pacific (APAC) region and, eventually, the world. How Does Project Nexus Work? Nexus is designed to standardise the way domestic payment systems connect with each other across borders.

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Fintech News

MARCH 26, 2024

In the sixth annual compendium of 500 burgeoning companies across the Asia Pacific (APAC) by the Financial Times and Statista , technology enterprises constitute nearly a third of the 2024 roster, with 8% of the APAC’s fastest-growing entities being fintech companies.

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The Fintech Times

JUNE 18, 2024

As of April 2023, there were 1,000 active fintechs in Latin America (LatAm) with a vast majority focusing on financial inclusion, tackling the issue of 70 per cent of the population not having access to formal financial services. This success is now drawing attention in Latin America and further afield.

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The Fintech Times

OCTOBER 21, 2024

The same report also highlights that the country is one of the Asia Pacific (APAC) region’s fastest emerging fintech hubs. Despite these positive steps and a strong economy, New Zealand is still encountering challenges with financial inclusion, particularly with much of the Maori community, the elderly and rural communities.

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The Fintech Times

APRIL 23, 2024

Another session that caught our eye on the Vision stage included ‘Connecting for Change: MUFG’s Strategy for Fintech Integration’, a presentation and discussion with Masakazu Osawa , managing executive officer and chief executive, APAC at MUFG Bank, which outlined how MUFG identifies and collaborates with promising startups.

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Fintech News

JANUARY 18, 2024

In the Asia-Pacific (APAC) region, 11 out of the 13 profitable digital banks , including South Korea’s Kakao Bank, India’s Paytm Bank, and China’s AIBank, WeBank, XW Bank, and MyBank, are redefining banking paradigms.

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The Fintech Times

SEPTEMBER 10, 2024

Digital adoption, already high before Covid-19, surged during the country’s strict pandemic policies, alongside a boom in e-commerce and financial inclusion efforts for individuals and SMEs. With over 1.4 billion people and a rapidly growing middle class, its dominance is clear.

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FICO

OCTOBER 18, 2022

For example, she has helped banks in India and South Africa adjust their fraud systems to monitor new real-time payments platforms to ensure they prevent fraud while growing financial inclusion.”. Read this post to learn more about the role of data in managing fraud and financial crime today.

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