Remove Consumer Protection Remove Financial Inclusion Remove Financial Literacy
article thumbnail

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.

article thumbnail

Exploring How Faster Payments Can Support Financial Inclusion

Faster Payments Council

April is Financial Literacy Month, when the nation is focused on spreading financial literacy education to help consumers understand how to better manage money. During our Spring Conference earlier this month, we held a session called, "Faster Payments: Accelerating Financial Inclusion."

article thumbnail

Fintech in Emerging Markets: Opportunities and Challenges

Fintech Review

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
article thumbnail

More Than Half the Fintech Industry Seeing Growth from Strong Consumer Demand

Fintech News

In Asia Pacific, the lack of a skilled workforce and poor digital and financial literacy were also factors, however this trend can also be observed globally. The commitment to financial inclusion remains a cornerstone of the fintech value proposition.

FinTech 135
article thumbnail

In Profile: Rajat Dayal, CEO of Yabx

The Fintech Times

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. Financial literacy is the ability to understand finance.

article thumbnail

Money20/20 Asia 2024: Leading Fintech Show Makes Debut in Thailand

Fintech News

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 111
article thumbnail

Consumer Duty Predictions With Quadient, Fujitsu, Weavr, Provenir, Eligible, Currensea, Zuto, Cardlytics, Fuse

The Fintech Times

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