Remove Central Bank Remove Digital Payments Remove Financial Inclusion
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Mexico in Focus: Open Banking and Financial Inclusion

Open Banking Excellence

Mexico in Focus: Open Banking and Financial Inclusion A briefing for banks and fintechs, with key insights and details of the opportunities available in LatAm’s third-largest nation. Open Banking represents an important possibility for both financial institutions and the Mexican population.

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HyperPay Obtains License From the Saudi Central Bank to Expand Digital Payment Services in the Kingdom

Fintech Finance

The Saudi Central Bank (SAMA) has announced the granting of a license to HyperPay Inc. Saudi Arabia for Information Systems Technology to operate digital payment services via an electronic wallet in the Kingdom.

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Mastercard Leads New Central Bank Digital Currency Test Platform

PYMNTS

Mastercard has announced a new virtual testing platform for Central Bank Digital Currencies (CBDCs). The testing tool comes as the global economy embraces digital payments and central banks investigate how to support innovation while maintaining financial stability as they issue the currency.

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How Mexico’s Central Bank Plans To Move Payments To Digital

PYMNTS

In Mexico, the pandemic is moving the needle toward digital payments — specifically mobile payments — to become more widely embraced by businesses and consumers alike. There are some key differences in place between CoDi and what might be seen elsewhere.

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G+D Filia® Unplugged Brings Offline Capability to Digital Payments

Fintech Finance

SecurityTech company Giesecke+Devrient (G+D) is making digital payments independent of online connectivity. Even in today’s digital-first economy, connectivity issues can present challenges for digital payment transactions, especially in rural areas. billion unbanked people worldwide.

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India’s Digital Payments Platform Hits $1.34B In June Transaction Volumes

PYMNTS

India has embraced its model for digital payments so much that it intends to take it global. Since its debut four years ago, India’s Unified Payments Interface (UPI), the instant payment system developed by the National Payments Corp. UPI was established by the central bank and is owned by a group of local lenders.

Volume 123
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Laos’ Path to Financial Inclusion: Mobile Money, Digital Payments, and Future Growth

The Fintech Times

The country is focusing on fintech solutions like mobile payments and cross-border systems to boost financial inclusion and economic growth. Key developments in the fintech and digital ecosystem have emerged over recent years. Laos is also experimenting with central bank digital currencies (CBDCs).