The Fintech Times

OCTOBER 3, 2024

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.

Financial Inclusion 52

Financial Inclusion Financial Literacy Governance Government 52

The Payments Association

JANUARY 13, 2025

PSPs will also be required to align their compliance programmes with the FCAs new standards for disclosures , transparency, and consumer protection. Broadening consumer access : PSPs have the opportunity to offer products to demographics previously hesitant with the increasing regulatory clarity.

Legal 88

Legal Stablecoins Cross-Border Due Diligence 88

Fintech News

JANUARY 13, 2025

SEAs young, tech-savvy population, a growing consumer base, reliance on informal financial systems, and supportive government initiatives aimed at financial inclusion serve as robust drivers for long-term growth. Yet, optimism abounds. Moreover, the regulatory landscape remains a critical variable.

FinTech 114

FinTech Cross-Border On-Demand Innovation 114

Fintech News

DECEMBER 18, 2024

This milestone marked a pivotal moment for the country’s financial inclusion efforts. Hasan Fawzi, OJK’s Chief Executive for Financial Sector Technology Innovation and Crypto Assets, emphasised the sandbox’s importance in preventing fraudulent schemes and enhancing consumer protection.

FinTech 114

FinTech Law Enforcement Financial Literacy Innovation 114

Innovative Payments Association

JANUARY 14, 2025

At the same time, leaders in Congress and the administration must recognize the vital role of financial technology in driving economic growth. Yet inconsistent regulatory approaches have stifled the full potential of financial technology (fintech) products such as earned wage access, mobile wallets, and fintech debit accounts.

Consumer Financial Protection Bureau (CFPB) 52

Consumer Financial Protection Bureau (CFPB) CFPB FDIC Consumer Protection 52

Fintech Finance

SEPTEMBER 24, 2024

These cover financial crime, regulation, open banking, ESG, cross-border payments, digital currencies and financial inclusion. Regulations and regulators are central to an effective payments ecosystem, so The Payments Association advocates for a balance between innovation, competition and consumer protection.

Cross-Border Payments 95

Cross-Border Payments Financial Inclusion Cross-Border Payments 95

Clearly Payments

MARCH 11, 2024

Focus on Consumer Protection: The government seems more focused on consumer protection and staying informed about the evolving crypto landscape. This means capital gains taxes apply when you sell crypto for a profit. The Proceeds of Crime and Terrorist Financing Act (PCMLTFA) also applies to cryptocurrency transactions.

Cryptocurrency 104

Cryptocurrency Consumer Protection Financial Inclusion Payments 104

Fintech Finance

MARCH 3, 2025

The Manifesto , Creating the Conditions to support Growth and Innovation in Payments, describes the 66 policies recommended by the 216 payments professionals working across financial crime, regulation, open banking, ESG, cross-border payments, digital currencies and financial inclusion.

Governance 80

Governance Government Innovation Cross-Border Payments 80

Fintech News

FEBRUARY 26, 2024

The commitment to financial inclusion is particularly pronounced in emerging markets and developing economies (EMDEs), where fintech firms are actively extending financial products and services to segments historically neglected by traditional financial institutions.

FinTech 142

FinTech Consumer Financial Inclusion On-Demand 142

Fintech Review

JULY 24, 2024

This has significantly increased financial inclusion, empowering millions who previously had no access to banking services. In Ghana, MTN Mobile Money has become a vital financial tool. Governments need to create supportive regulatory frameworks that balance innovation with consumer protection.

FinTech 105

FinTech Online and Mobile Banking Financial Literacy Financial Inclusion 105

The Payments Association

MARCH 18, 2025

While some governments prioritise competition and innovation, others focus on financial inclusion, consumer protection, or market-driven adoption. An overview As open banking evolves into open finance, policy objectives and regulatory models vary significantly across jurisdictions.

Finance 88

Finance Payment APIs and Integration Non-Bank Embedded Finance 88

Electronic Transactions Association

JANUARY 16, 2025

These products and services are safe, highly secure, and promote financial inclusion by allowing consumers and small businesses including lowandmoderate income consumers who have historically not had full access to the financial system to conduct their everyday financial transactions.

CFPB 45

CFPB Privacy BNPL Financial Inclusion 45

The Fintech Times

MAY 20, 2024

In the letter signed by 59 organisations, they explain how the legislation could help accelerate the growth of blockchain technology and digital assets, foster financial inclusion and help better protect national security. The act would clarify which agency will regulate which digital assets.

Financial Inclusion 78

Financial Inclusion Consumer Protection Economy Mitigation 78

The Payments Association

NOVEMBER 13, 2024

A raft of new and emerging frameworks , such as the forthcoming MiCA regulations in the EU, stablecoin regulation in the UAE, and digital asset regulation in Australia, help clarify issues surrounding consumer protections, identity and security standards, and the legality and enforceability of blockchain-based contracts.

Blockchain 88

Blockchain Use Case Financial Inclusion Stablecoins 88

Fintech News

DECEMBER 13, 2024

This trend highlights efforts to enhance monetary sovereignty, boost financial inclusion, and modernise payment systems in an increasingly digital world. Similarly, the Philippine central bank has launched a peso stablecoin pilot to explore its potential for financial inclusion and cross-border remittances.

Stablecoins 107

Stablecoins Cross-Border Cross-Border Payments Caps 107

Fintech News

APRIL 28, 2024

Day 3 explored topics like Web3 developments, Malaysia’s fintech journey, and fostering financial inclusion in Asia. TOPOS RemiNet is an open remittance network leveraging blockchain technology to facilitate fast and cost-effective cross-border payments, enhancing global financial inclusivity.

Payment APIs and Integration 114

Payment APIs and Integration Cross-Border Cross-Border Payments Financial Inclusion 114

Fintech Finance

FEBRUARY 12, 2025

Ant Internationals entry into KSA with Antom payment services aligns closely with the priorities of SAMA, providing stability and consumer protection, supporting KSA consumers to buy safely and conveniently through digital payment methods, and growing KSAs fintech sector through the creation of local jobs and talent inclusion programs, said Mr.

Payment Gateways 59

Payment Gateways Acquirers Debit Card Digital Payments 59

PYMNTS

APRIL 16, 2019

. “This will also allow us to share experiences and information related to FinTech … and reap the benefits of the new innovation in financial technology, enhance payment systems and promote financial inclusion,” said National Bank of Singapore Deputy Governor Neav Chanthana of the partnership.

Federal Reserve 84

Federal Reserve Cross-Border FinTech Payment APIs and Integration 84

Fintech News

MARCH 4, 2024

Chetna Sinha “I am honored to stand on the vibrant stage of Money20/20 ASIA, where innovation and financial inclusivity converge. Join me as I explore the dynamic intersection of innovation and inclusivity, unlocking the boundless potential of rural women.

APACS 112

APACS SARS Financial Inclusion FinTech 112

Fintech News

APRIL 8, 2024

The show will bring together over 3,000 senior decision-makers and 200+ speakers, sponsors, and exhibitors, and address key industry themes such as financial inclusion, sustainability, cybersecurity, and regulatory frameworks.

FinTech 114

FinTech Cross-Border APACS Participant 114

PYMNTS

OCTOBER 16, 2019

Mastercard said for a digital currency to be successful, it has to give customers not only stability and consumer protections but regulatory compliance as well. Mastercard said that cryptocurrencies need to give consumers protections that include privacy and security of both information and transactions.

Visa 60

Visa Blockchain Digital Currency Cryptocurrency 60

The Fintech Times

OCTOBER 29, 2024

In fact, its Personal Data Protection Bill is yet to be formalised as law. SBP oversees digital payments and consumer protection, while the SECP focuses on the investment and securities-related elements of the local fintech landscape. A gender divide also appears to exist regarding financial inclusion.

FinTech 59

FinTech Financial Inclusion Consumer Protection Transactions 59

Open Bank Project Blog

NOVEMBER 20, 2023

Originally published: 11 October 2020 Updated: November 2023 With over 100 countries either implementing or planning an Open Banking framework, the movement is encouraging data-sharing in the global financial services industry. In particular, a fast-paced market often leaves regulators behind the innovation curve.

Regulations 52

Regulations Financial Inclusion Consumer Protection Origination 52

The Fintech Times

APRIL 27, 2024

It looks to provide new opportunities in the financial services sector including enhancing digital financial inclusion. Open finance provides a platform that gives UAE customers the power and capability to securely and efficiently share the data of their financial products with third parties or other financial institutions.

Finance 59

Finance Financial Crimes Consumer Protection Crime 59

The Fintech Times

SEPTEMBER 9, 2024

Key topics will cover national sovereignty, stablecoins, central bank digital currencies (CBDCs), real-world asset tokenisation, sustainable finance, as well as financial inclusion. The event will also explore emerging issues such as consumer protection in the age of generative AI. ‘Valuable platform’ Dr.

P2P 59

P2P Federal Reserve Central Bank Financial Inclusion 59

Fintech News

JANUARY 21, 2025

The regulation outlines the framework for PKA operations, including institutional requirements, governance, data security, and consumer protection. This is expected to benefit individuals and small businesses with limited traditional credit histories.

Regulations 88

Regulations Consumer Protection Compliance Governance 88

Fintech Review

APRIL 11, 2025

Green and Ethical Fintech Green fintech solutions allow users to track carbon footprints, invest in sustainable assets, or support climate goals through financial choices. Financial Inclusion Fintech improves access to credit, savings, and insurance in underserved markets. Consumer protection is a top priority.

FinTech 52

FinTech Online and Mobile Banking Payment APIs and Integration Cross-Border 52

Clearly Payments

FEBRUARY 12, 2024

Financial regulations and compliance requirements also shape Visa and Mastercard’s operations. As global payment networks, they must navigate complex regulatory frameworks governing payment processing, AML/CFT , and consumer protection in multiple jurisdictions.

Visa 105

Visa Payments Payment Networks Online and Mobile Banking 105

Fintech News

APRIL 12, 2024

The show will also address key industry themes such as financial inclusion, sustainability, cybersecurity, and regulatory frameworks. Participants will delve into the industry’s challenges and identify best practices for overcoming them, focusing on policies and strategies to create a diverse and effective financial sector.

APACS 122

APACS FinTech Innovation Finance 122

PYMNTS

APRIL 2, 2018

Quarles delivered a speech last week at the forum entitled “The Roles of Consumer Protection and Small Business Access to Credit in Financial Inclusion.”

Small Business 40

Small Business Fed Financial Inclusion Underwriting 40

The Fintech Times

DECEMBER 9, 2023

Consumer Duty, a set of rules aimed at enhancing consumer protection in the financial services sector, came into force in July 2023. The Financial Conduct Authority’ s (FCA’s) new rules mean that firms selling financial products now have to meet much higher standards.

Consumer 111

Consumer Financial Literacy Regulations AI 111

The Fintech Times

APRIL 23, 2024

. ‘Connecting for Change: MUFG’s Strategy for Fintech Integration’ at Money 20/20 Asia in Bangkok, Thailand On the agenda During the morning’s activities on the Vision stage, a keynote session led by Daranee Saeju , assistant governor, payment systems policy and financial consumer protection group from the Bank of Thailand, highlighted (..)

Payment APIs and Integration 59

Payment APIs and Integration Cross-Border Cross-Border Payments CBDC 59

FICO

DECEMBER 20, 2021

For years, I have talked about the need for action by the FCC or Members of Congress to clear up the gray areas related to the Telephone Consumer Protection Act (TCPA). Financial Inclusion Policy Proposals Will Continue to Promote the Promise of Alternative Data.

CFPB 52

CFPB Financial Inclusion OCC Rules 52

The Fintech Times

MARCH 5, 2024

Governments and regulatory bodies are actively supporting initiatives aimed at increasing financial inclusion. They are implementing policies and regulations that promote innovation while ensuring consumer protection and financial stability. What’s the best mistake you’ve ever made?

Financial Literacy 64

Financial Literacy Financial Inclusion Underserved FinTech 64

Fintech News

FEBRUARY 10, 2025

Governments and financial regulators are introducing guidelines to ensure that AI-driven lending practices are transparent, fair, and compliant with consumer protection laws. While challenges remain, AI-based credit scoring represents a significant step forward in making lending more efficient, inclusive, and data-driven.

AI 75

AI Assessments Mitigation Regulations 75

FICO

JANUARY 4, 2018

Explained author Campbell Scott , “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.

Risk 58

Risk Posting Credit Risk Regulatory Compliance 58

PYMNTS

JULY 1, 2019

We have to understand what [regulators] really want – consumer protection, avoiding fraud, avoiding terrorism financing, avoiding money launderers,” said Lambert. Building Infrastructure to Boost Financial Inclusion . Its mission is to promote financial inclusion among women.

Financial Inclusion 40

Financial Inclusion Online and Mobile Banking Blockchain Visa 40