The Payments Association

NOVEMBER 25, 2024

De-risking endangers financial inclusion, driving MSBs out and boosting unregulated markets, calling for urgent reform. As professionals deeply embedded in the payments industry, we are acutely aware of the delicate balance between risk management and financial inclusion.

Risk 88

Risk Financial Crimes AML Financial Inclusion 88

Fintech Finance

FEBRUARY 19, 2025

Given the growth, the FCA and PSR engaged extensively with businesses and representative groups to assess the impact of digital wallets, finding significant benefits to consumers through greater convenience, enhanced security measures, and, for some, greater financial inclusion.

Alternative Payment Methods 81

Alternative Payment Methods Contactless Payments Duplicate Financial Inclusion 81

FICO

MAY 7, 2018

The FICO team was excited to lead the Financial Inclusion track that focused on how to responsibly expand credit access to previously unscorable consumers. A key point that the experts underscored during the Financial Inclusion sessions at LendIt was that expanding financial inclusion is a win-win proposition.

Financial Inclusion 77

Financial Inclusion Innovation Credit Risk Underserved 77

The Fintech Times

SEPTEMBER 2, 2024

In a move to empower local partners and advance financial inclusions, Ant International will enhance the credit management capability and infrastructure efficiency for Dock clients, comprising of financial institutions, retailers, and fintech start-ups.

Financial Inclusion 72

Financial Inclusion AI Underserved Underwriting 72

Fintech News

FEBRUARY 10, 2025

In fintech, Agentic AI could enhance fraud prevention, risk management, trading, and customer engagement by autonomously analysing financial data, detecting anomalies, and executing decisions in real time. From fraud prevention to financial inclusion, its applications are vast and impactful. What Lies Ahead?

AI 77

AI FinTech Fraud Detection Fraud Prevention 77

Fintech News

FEBRUARY 8, 2024

Real-time payment platforms, such as India’s Unified Payments Interface (UPI), revolutionise financial transactions, enabling instant payments and fostering financial inclusion. Assessing Digital Preparedness in Finance appeared first on Fintech Singapore. The post Are APAC Businesses Ready?

APACS 111

APACS Assessments Finance Blockchain 111

Finovate

MARCH 14, 2025

SBCA uses anonymized, item-level transaction data to help lenders assess small business financial performance, enabling faster underwriting, reduced risk, and improved loan terms. “SBCA is a game-changer, offering unparalleled insights into small business performance.

Visa 52

Visa Finance Embedded Finance Financial Inclusion 52

The Fintech Times

APRIL 29, 2024

We hear from industry experts on how embedded finance ensures the checkout experience is financially inclusive. “Taking this a step further would be customising financial offerings to meet the unique requirements of various sectors. Sophie Flynn , CFO and co-founder of Nucleus365 , the payment service provider.

Embedded Finance 64

Embedded Finance Financial Inclusion Finance Alternative Payment Methods 64

The Payments Association

NOVEMBER 27, 2024

Introducing corporate banking APIs will allow third-party service providers (TPPs) to create new, business-aligned products and solutions such as advanced financial management tools, automated payment solutions, and data-driven insights.

Third-Party Service Provider 88

Third-Party Service Provider API Legal Financial Inclusion 88

Fintech Review

NOVEMBER 27, 2024

Alternative Credit Scoring Models Fintech companies use data beyond traditional credit scores, such as transaction histories, online reviews, and even social media presence, to assess risk. Tala assesses creditworthiness through smartphone data, while Kiva uses peer-to-peer lending to connect small businesses with global investors.

FinTech 105

FinTech Cross-Border Cross-Border Payments Online and Mobile Banking 105

FICO

APRIL 27, 2021

By implementing FICO® Blaze Advisor® decision rules management system , Grupo Monge has expanded credit approvals by 10 percent, reduced expenses by 25 percent and reduced the time taken to assess the credit application by 30 percent. To achieve this, Grupo Monge needed to assess each consumer’s risk accurately. by Nikhil Behl.

Financial Inclusion 52

Financial Inclusion Advisors Assessments Rules 52

Finovate

JUNE 21, 2024

The company will use the new capital to accelerate product development and support its efforts to leverage technology to enhance financial inclusion in Mexico. ” Belvo’s open finance and payments platform helps financial institutions and their customers benefit from user-permissioned, secure data sharing.

Financial Inclusion 64

Financial Inclusion Payment APIs and Integration Legal Framework Cross-Border Payments 64

The Fintech Times

OCTOBER 30, 2024

While this represents a significant step forward, should financial inclusivity have moved further ahead by now? Solving credit invisibility requires more inclusive and creative solutions that open up financial opportunities for everyone, not just a select few. Then we’ll make real progress.”

Financial Inclusion 59

Financial Inclusion Embedded Finance Non-Bank Consumer 59

The Payments Association

MARCH 18, 2025

Open finance extends beyond payments, empowering individuals and businesses with holistic financial management tools and personalised services. Open data, in turn, enriches these offerings, enabling innovative credit scoring and risk assessment beyond traditional banking channels.

Finance 88

Finance Payment APIs and Integration Non-Bank Embedded Finance 88

FICO

APRIL 27, 2017

The scoring methodology was developed by EFL Global and marketed by FICO as part of our FICO Financial Inclusion Initiative , designed to open up credit markets around the world to a larger number of unbanked and underserved consumers. The post A New Way to Score Credit Risk – Psychometric Assessments appeared first on FICO.

Credit Risk 66

Credit Risk Assessments Risk Financial Inclusion 66

Fintech News

SEPTEMBER 15, 2024

Helicap has facilitated more than US$ 370 million in transactions since 2018, using credit analytics to assess millions of data points to make informed lending decisions. Moses Lo “We’re excited to partner with Helicap to further drive financial inclusion across Southeast Asia. The company had recently raised US$4.3

Security 117

Security Financial Inclusion Risk Management Assessments 117

Finovate

MARCH 26, 2024

Alan Bekker of eSelf on the future of AI in financial services, The Clearing House’s Jim Colassano on real-time payments, financial inclusion and wealth-building with Rodney Williams of SoLo Funds … these are just a handful of the interviews Greg Palmer and the Finovate Podcast have featured in recent weeks.

Real Time Payments 59

Real Time Payments Fraud Prevention Financial Inclusion AI 59

FICO

MARCH 25, 2020

For its achievement, Home Credit was awarded the 2019 FICO® Decisions Award for Financial Inclusion. This type of financial inclusion is good for the consumer and good for our business. This has been a big focus for the business in response to strong market demand for consumer loans in China. Read the full release. . .

Risk 97

Risk Financial Inclusion Point-of-Sale (POS) Risk Assessment 97

Fintech Finance

AUGUST 7, 2024

This alliance is based on the shared goal of promoting financial inclusion amongst Spain’s immigrant community. In addition to issuer processing, Orenda will benefit from Tribe’s proprietary Risk Monitor platform, which allows for real-time assessment of banking transactions against an array of predefined conditions.

Issuers 105

Issuers Process Payment APIs and Integration Processors 105

FICO

MAY 23, 2022

Círculo de Crédito , the fastest-growing credit bureau in Mexico, has used unique credit risk scores from FICO to boost financial inclusion in Mexico and help an additional 20 million citizens access credit. Finding a way to score millions without credit history.

Financial Inclusion 52

Financial Inclusion Embedded Finance Risk Assessment Assessments 52

Seon

APRIL 24, 2024

million households in the United States lack access to traditional financial services, the challenge of assessing creditworthiness is more pressing than ever. This data helps paint a picture of what to expect from customers in different regions, aiding in the detection of potential fraud and assessing loan default risks.

Assessments 52

Assessments Risk FDIC Risk Assessment 52

Fintech News

MAY 28, 2024

Embrace Financial Inclusion One of the key drivers behind the success of Nubank has been its unwavering commitment to financial inclusion — a major focal area for APAC digital banks as well. This presents a massive untapped market for digital banks willing to prioritise financial inclusion.

APACS 126

APACS Financial Inclusion Online and Mobile Banking Disaster Recovery 126

The Fintech Times

MARCH 12, 2025

This partnership is a testament to our shared vision of enabling financial inclusion and innovation, said Hassan Reda , co-founder and chief product officer at CredibleX. Through the partnership, the two organisations plan to help empower small and medium enterprises (SMEs) by enhancing and simplifying their access to financing.

Visa 75

Visa Financial Literacy Small Business Payments 75

The Fintech Times

MARCH 26, 2024

As insurers strive to meet the evolving needs of a digitally-savvy customer base while addressing the persistent challenge of financial inclusion, they are increasingly turning to fintech solutions. “Data can support efforts to assess flood risk more accurately, especially as the risk itself continues to evolve.

Underserved 115

Underserved FinTech Financial Inclusion Risk 115

Fintech Finance

SEPTEMBER 12, 2024

Innovating for financial inclusion Zambia has taken great strides in narrowing its gap in financial inclusion. According to the latest data, levels of inclusion have improved ( [link] ) from 59.3% At Lupiya, we are driven by the mission to revolutionise financial inclusion across Africa.

Product 98

Product Financial Inclusion Debit Card Digital Payments 98

PYMNTS

MAY 29, 2018

Lenders’ primary goal is to assess a consumer’s stability, ability and willingness to pay. This is not to say that social media data can’t be used in the future, but financial institutions are still grappling with how it can be predictive of credit behavior over time.”. Today, social media can’t address those needs.

Financial Inclusion 62

Financial Inclusion Underwriting Credit Cards Disputes 62

Center for Payments

OCTOBER 20, 2023

When recognizing Cybersecurity Month in October, it is important to consider the connection between cybersecurity, cutting-edge technology, and financial inclusion. Executives of financial institutions should have a good understanding of the importance of financial inclusion and the impact technology has on it is essential.

Financial Inclusion 40

Financial Inclusion Cybersecurity Innovation Online and Mobile Banking 40

PYMNTS

JANUARY 17, 2017

The problem with building financial inclusion — particularly in a developing world context — is that it is a tough goal to pursue directly. billion adults who are totally (or nearly totally) detached from formal financial services, actually implementing a plan that actually makes a difference is often a very separate matter.

Financial Inclusion 41

Financial Inclusion Visa Risk Assessment On-Demand 41

FICO

NOVEMBER 15, 2017

Our work with both EFL and Lenddo is part of the FICO Financial Inclusion Initiative. Lenders rely on credit scoring to assess consumers’ risk, and credit scoring relies on credit data. EFL offers financial institutions a different way to assess creditworthiness and promote financial inclusion: by understanding personality.

Credit Risk 80

Credit Risk Risk Assessments Financial Inclusion 80

Fintech News

MAY 29, 2024

Integrating these datasets has allowed GXS Bank to assess applicants more accurately and offer personalised interest rates, providing loans to a wider range of consumers, including those typically overlooked by traditional banks. This ecosystem data is then layered onto information from conventional sources like credit bureau scores.

Financial Inclusion 107

Financial Inclusion Underserved Assessments Risk 107

The Fintech Times

APRIL 15, 2024

“By analysing big data and rapidly assessing risks, AI empowers financial companies to make well-informed decisions. However, a significant revolution lies ahead – the personalisation of services based on individual user assessments. “Finally, AI is reducing risk in the embedded insurance space.

Embedded Finance 134

Embedded Finance AI Finance Assessments 134

M2P Fintech

MARCH 24, 2025

“One-click” loans become reality through instant credit assessments. Data Analytics: Making Informed Decisions Data is now the lifeblood of modern loan management, empowering lenders with insights to assess creditworthiness, predict risk, and personalize loan terms. AI is poised to revolutionize loan origination.

Payment APIs and Integration 52

Payment APIs and Integration Blockchain Regulatory Compliance Compliance 52

The Fintech Times

JANUARY 31, 2025

B Corp is a rigorous assessment that verifies companies have met high standards of social and environmental performance, transparency, and accountability: theres absolutely no room for mere box-ticking. . “To hold fintechs accountable, they need to be clear in their communication about algorithms, lending terms, and fees.

FinTech 64

FinTech Audit Financial Inclusion Financial Literacy 64

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.

Embedded Finance 107

Embedded Finance APACS Financial Inclusion CBDC 107

Fintech News

JULY 4, 2024

For lending, AI’s ability to analyse alternative data sources could improve credit scoring and expand financial inclusion, particularly beneficial in emerging Asian economies with large unbanked populations. As AI continues to evolve, central banks must strike a delicate balance between embracing innovation and managing risks.

Central Bank 102

Central Bank AI Correspondent Bank Correspondent 102

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.

AI 106

AI FinTech Innovation Payment APIs and Integration 106

The Fintech Times

AUGUST 17, 2024

This collaboration enables Abound to assess borrower affordability more accurately by leveraging D•One’s transaction categorisation prowess, aiming to broaden access to affordable loans while reducing credit risk.

AI 64

AI Assessments Credit Risk Financial Inclusion 64