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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APACS FinTech Online and Mobile Banking Multi-Currency 104

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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Multi-Currency Cross-Border APACS Financial Inclusion 82

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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Financial Inclusion FinTech Credit Union Financial Literacy 101

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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Financial Inclusion Embedded Finance APACS Underserved 105

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

Real Time Payments 59

Real Time Payments APACS Cross-Border Cross-Border Payments 59

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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Cross-Border Payments Stablecoins Cross-Border APACS 94

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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FinTech APACS Economy Financial Inclusion 89

Fintech Finance

NOVEMBER 21, 2024

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.

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Payment Networks Digital Payments Stablecoins Digital Currency 78

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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APACS Risk Online and Mobile Banking Verification 98

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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Cross-Border Cross-Border Payments APACS Financial Inclusion 82

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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Cross-Border Payments Cross-Border Stablecoins Financial Inclusion 52

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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Embedded Finance APACS Financial Inclusion CBDC 89

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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AI FinTech Innovation Payment APIs and Integration 82

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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Underserved Finance Technology APACS 69

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

FinTech 59

FinTech APACS Financial Inclusion SARS 59

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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Embedded Finance APACS Financial Inclusion CBDC 80

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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Addressing Fraud Prevention Financial Inclusion Payments 107

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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Cross-Border Payments Cross-Border APACS Financial Inclusion 64

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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Digital Payments Debit Card APACS Credit Cards 92

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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Financial Inclusion Cross-Border Settlement APACS Settlement 59

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.

Digital Payments 59

Digital Payments FinTech Online and Mobile Banking Financial Inclusion 59

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 Cross-Border APACS Participant 104

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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APACS SARS Financial Inclusion FinTech 87

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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Digital Payments Stablecoins Financial Inclusion APACS 52

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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Payment APIs and Integration Cross-Border Cross-Border Payments Financial Inclusion 105

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.

FinTech 73

FinTech Cross-Border Payments Cross-Border Payment APIs and Integration 73

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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Financial Inclusion Near Real-Time APACS Agreements 79

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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Cross-Border B2B Cross-Border Payments APACS 52

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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Deepfake PCI DSS Verification Financial Inclusion 98

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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Real Time Payments Use Case Transactions Cross-Border 52

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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Cross-Border Payments Cross-Border Instant Payments Central Bank 102

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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FinTech APACS Payment APIs and Integration Multi-Currency 86

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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Payments Financial Inclusion Online and Mobile Banking Central Bank 64

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.

FinTech 52

FinTech Economy APACS Financial Inclusion 52

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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Payment APIs and Integration Cross-Border Cross-Border Payments CBDC 59

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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APACS Finance Cross-Border Ubiquitous 101

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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FinTech Online and Mobile Banking Digital Currency Central Bank 59