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Mastercard Forges Three Partnerships in the UAE With LikeCard, CredibleX and Al Etihad Payments

The Fintech Times

Payments giant Mastercard has been busy forging three new partnerships in the UAE, with Al Etihad Payments , the payments infrastructure provider and subsidiary of the Central Bank of the UAE ; LikeCard , an e-commerce prepaid card platform; and credit-as-a-service platform CredibleX.

Visa 75
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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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Can Fintech Bolster Economic Development in the Maldives as Climate Crisis Threatens Tourism Income?

The Fintech Times

The country hosts eight banks, with the domestic state-owned bank, the Bank of Maldives (BML), accounting for 51 per cent of total assets. In fact, in 2016, only one-third of the population had access to a bank branch and less than half of the entire population had access to an ATM outside of Male.

FinTech 59
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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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The Impact of Regulatory Frameworks on Fintech Growth in Emerging Markets

Fintech Review

They encourage innovation, attract investment, and increase financial inclusion. The Central Bank of Kenya introduced regulations enabling mobile money systems like M-Pesa to thrive. This regulatory flexibility allowed non-banking institutions to offer financial services.

FinTech 111
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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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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