Remove Central Bank Remove Financial Inclusion Remove Financial Literacy
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Overcoming Huge Infrastructure and Inclusion Challenges: How Can Fintech Help Develop Timor-Leste?

The Fintech Times

According to the World Bank , the country has a gross domestic product per capita of around $2,389 – while its economy is reliant on energy resources in the Timor Sea. Tackling these challenges Despite these challenges, the fintech industry could certainly play a role in improving financial inclusion for citizens of Timor-Leste.

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National Strategy of Papua New Guinea Focuses on Financial Inclusion as Gender Gap Remains

The Fintech Times

To make sure more people have access to these services, the government of Papua New Guinea has been putting a focus on financial inclusion. It was established to act as the industry’s apex organisation for coordinating, advocating and monitoring all financial inclusion activities in the country.

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Fintech in the Caucasus: Armenia, Azerbaijan & Georgia

The Fintech Times

Armenia Population: +2,967,000 Capital, financial hub and largest city: Yerevan Gross domestic product (GDP) per capita: +$8,500 Access to a formal financial account (adults): 52.3 per cent Central Bank of Armenia (CBA) Armenia’s growth has been driven in part by its young, tech-savvy population. per cent in 2021.

FinTech 69
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Sri Lanka On the Road to Recovery: Fintech’s Impact on the Economy

The Fintech Times

Back in 2012, Sri Lanka had the highest financial inclusion rate in South Asia with two-thirds of its population having access to formal financial accounts. It was also exploring the idea of public input on the prospect and thoughts on open banking. Could fintech be the catalyst it needs to see a revival?

Economy 96
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Bridging the Banking Divide: The Rise of E-wallets in the Philippines

The Fintech Times

Not so many years ago, Filipinos had to visit bank branches or ATMs to transfer money and manage their accounts. A complex set of geographic and institutional barriers, including the fragmentation of Filipinos across over 7,000 islands, and low levels of financial literacy, are also hampering the use of financial services.

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myZoi Backs Underbanked With Digital Wallet Launch to ‘Reconnect Banking With Society’s Needs’

The Fintech Times

After successfully raising $14million in 2023, myZoi , a UAE-based fintech focused on financial inclusion and financial literacy for the underbanked, has launched its first inclusive digital wallet. myZoi seeks to support six out of 17 UN’s Sustainable Development Goals.”

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NymCard & CWallet Announce Strategic Partnership to Issue Prepaid Cards in Qatar

Fintech Finance

NymCard , a leading embedded finance services provider, today announced a strategic partnership with CWallet , an award-winning fintech startup with Payment Service Provider (PSP) licensed from the Qatar Central Bank. Aligned with UN ESG Sustainable Development Goals, CWallet aims to become Qatar’s first licensed neo-bank.