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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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Russian Central Bank Testing Digital Currencies

PYMNTS

Russia is getting more into digital currency with the central bank in the country launching tests of several digital currency schemes. According to a report in Reuters, the idea is to figure out which one would be the best for Russia, Olga Skorobogatova, the deputy chairwoman of the central bank, told TASS news agency late last week.

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

The Fintech Times

Financial inclusion, digital and fintech While the World Bank says that at least 80 per cent of adults in the Maldives have a bank account with a traditional financial institution, the nation’s central bank, the Maldives Monetary Authority (MMA), says that cash remains the most popular payment method.

FinTech 59
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Sri Lanka On the Road to Recovery: Fintech’s Impact on the Economy

The Fintech Times

Not all doom and gloom: fintech is on the horizon Despite the outbreak of the pandemic, in 2020 the Central Bank of Sri Lanka (CBSL) launched its regulatory sandbox in an effort to boost its fintech sector and innovation. It was also exploring the idea of public input on the prospect and thoughts on open banking.

Economy 96
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Meet the 18 Finalists for the 2024 Global Fintech Hackcelerator

Fintech News

The 18 finalists have been selected based on solutions to challenges in credit access, financial literacy, cross-border payments, and personalized protection, among other areas. KaiOS empowers individuals and communities with accessible education, turning financial wellness into a sustainable reality. Ample Fintech Pte.

FinTech 114