Finovate

NOVEMBER 1, 2024

Moniepoint is building an all-in-one, seamlessly integrated platform for African businesses that features services including digital payments, banking, foreign exchange, credit, and business management tools. based digital assets platform Zumo. ” CEO Tosin Eniolorunda co-founded the company in 2015.

Financial Inclusion 110

Financial Inclusion Cross-Border FinTech Visa 110

Fintech News

APRIL 3, 2024

The report, titled “Her Fintech Edge: Market Insights for Inclusive Growth”, explores the representation of women within fintech portfolios and the factors influencing, and examines the performance of women customers compared to overall portfolios, considering loyalty, customer lifetime value (CLV), and default rates.

Financial Inclusion 124

Financial Inclusion FinTech Financial Literacy Non-Bank 124

The Fintech Times

MAY 9, 2024

Paymentology , the global issuer-processor, has joined forces with Diamond Trust Bank , a tier-one East African commercial bank, in a move hoping to help drive financial inclusion in Kenya through the embedding of financial services, and deployment of Cards-as-a-Service (CaaS).

Financial Inclusion 103

Financial Inclusion Embedded Finance Payment APIs and Integration Non-Bank 103

M2P Fintech

AUGUST 25, 2023

But this digital payments gamechanger relies on an internet connection to function, as transactions require seamless and uninterrupted communication between a host of payment players. A QR payment flow begins with the customer scanning a QR code for the required amount. Clocking a record high of 9.96

Financial Inclusion 52

Financial Inclusion Digital Payments Online and Mobile Banking Payments 52

The Fintech Times

JULY 13, 2024

Asia, a region known for its economic diversity, ranging from wealthy nations like Singapore, Japan, and South Korea to emerging powerhouses like China and India, has demonstrated notable unity in embracing financial inclusion. However, as of 2022, about 70 per cent of hawker food vendors have adopted digital payments.

Financial Inclusion 58

Financial Inclusion Cross-Border Payments Cross-Border Payments 58

The Fintech Times

SEPTEMBER 2, 2024

Ant International , the digital payment and fintech company, has joined forces with Dock , a payments and banking technology provider in Latin America, to offer new AI-driven credit technology solutions in Brazil. “Ant International is the partner we were looking for to materialise our financial inclusion goals.

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Financial Inclusion AI Underserved Underwriting 71

The Fintech Times

OCTOBER 10, 2024

There is room for optimism Time for change There have been various government initiatives across the region to help bring about greater financial inclusion. For instance, the Fiji government is currently implementing its National Financial Inclusion Strategy 2022-2030. appeared first on The Fintech Times.

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Financial Inclusion FinTech Credit Union Economy 52

The Fintech Times

SEPTEMBER 22, 2024

Cambodia is leveraging fintech innovations and strategic reforms to boost economic growth, financial inclusion and international partnerships, positioning itself as a key player in the Southeast Asian digital economy. Cambodia has also ventured into central bank digital currencies (CBDCs).

Financial Inclusion 68

Financial Inclusion FinTech Central Bank Online and Mobile Banking 68

The Fintech Times

MAY 27, 2024

ZainCash Iraq , a payment service provider and subsidiary of March Holding , has implemented Temenos’ core banking and payments platform to drive the growth and innovation of its digital payment services.

Financial Inclusion 58

Financial Inclusion Payment APIs and Integration Technology Central Bank 58

Fintech Finance

OCTOBER 29, 2024

With digital payments in the Middle East, Turkey, and Africa (META) projected to grow at a compound annual rate of approximately 17.7% from 2023 to 2030, the region’s payment landscape is set for substantial evolution.

Digital Payments 88

Digital Payments Financial Inclusion Payments Underserved 88

Fintech News

NOVEMBER 4, 2024

Amazon has introduced its Pay It Forward report and campaign aimed at closing the remaining gaps in digital payment inclusivity in Singapore. Despite 78% of seniors adopting e-payments by 2022, a significant digital divide persists, particularly impacting older adults and lower-income groups.

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Digital Payments Financial Inclusion Best Practices Payments 103

The Fintech Times

AUGUST 15, 2024

Working with partners like NOW Money and Network International reflects our ambition to increase the supply of sophisticated digital financial services in the country and to further drive financial inclusion as part of our standing commitment to sustainable finance.”

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Financial Inclusion Payroll Mobile Banking Innovation 58

Fintech Finance

NOVEMBER 21, 2024

Over 350 million adults in Africa live on a cash-only basis ( [link] ), without access to financial accounts, credit cards, or lending facilities. Digital currency systems could prove to be key in improving financial inclusion and opening up new opportunities to large underbanked communities in many African countries.

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Payment Networks Digital Payments Stablecoins Digital Currency 87

Fintech News

JANUARY 7, 2024

This infrastructure, which was launched in 2019, has considerably helped boost digital payment usage, with Doku reporting a fourfold increase in e-money transactions on its platform in 2022, compared with 2021. But with about 50% of the population still unbanked, the sector is poised for greater growth.

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Financial Inclusion Innovation Payments NOV 118

The Fintech Times

APRIL 29, 2024

We hear from industry experts on how embedded finance ensures the checkout experience is financially inclusive. “Doing so accommodates individuals who may not be able to access traditional banking services, or those who prefer to use alternative payment methods.

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Embedded Finance Financial Inclusion Finance Alternative Payment Methods 63

Finovate

JUNE 21, 2024

Mexican digital payments and commerce enablement platform Clip announced a major investment this week. The company, which offers a suite of payments and other financial services solutions to small and medium-sized businesses in Mexico, has raised $100 million in new funding. .” Clip was founded in 2012.

Financial Inclusion 63

Financial Inclusion Payment APIs and Integration Legal Framework Cross-Border Payments 63

Fintech Finance

JUNE 6, 2024

Launching the Prepaid Hibir Mastercard in collaboration with Mastercard is a testament to this, marking a significant step towards our mission of digital financial inclusion. This service is more than just a payment solution; it is a bridge for Ethiopians to access the global market with ease and security.”

Financial Inclusion 52

Financial Inclusion Visa Online and Mobile Banking Cross-Border 52

The Fintech Times

MARCH 8, 2024

the oldest bank in Rwanda and licensed by the Central Bank of Rwanda , and Network International (Network) have partnered to improve financial inclusion in the country. The agreement with Network International will reinforce I&M Bank’s digital-first strategy and leadership in the Rwandan market.

Financial Inclusion 58

Financial Inclusion Fraud Prevention Value Added Service Gateways 58

Fintech Finance

MAY 8, 2024

Mastercard has signed a memorandum of understanding (MoU) with The BENEFIT Company (BENEFIT), leading fintech company in Bahrain, and the national electronic payment infrastructure operator, to explore opportunities for collaboration in driving innovation and financial inclusion in the country’s dynamic payments ecosystem.

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Financial Inclusion Visa Innovation Funds Transfer 59

Payments Source

JANUARY 19, 2021

During the past year we’ve seen some ingenious, innovative solutions addressing financial inclusion, and that will need to continue, says GPS CFO Richard Hodgson.

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Financial Inclusion Innovation FinTech Addressing 122

Fintech Finance

OCTOBER 29, 2024

Orange Middle East and Africa (OMEA) ( www.Orange.com ) and Mastercard have announced a strategic partnership to expand access to mobile financial services across Sub-Saharan Africa. The partnership will be rolled out in seven countries including Cameroon, Central African Republic, Guinea-Bissau, Liberia, Mali, Senegal and Sierra Leone.

Visa 79

Visa Digital Payments Financial Inclusion Online and Mobile Banking 79

Fintech Finance

AUGUST 12, 2024

By combining Yuno’s payment orchestration capabilities with Nequi’s extensive user base, we are creating powerful synergies that will drive innovation and accessibility in Colombia’s digital payment landscape,” commented Catherine Kaupert, Head of Partnerships at Yuno. “At

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Financial Inclusion Encryption Global Payments Innovation 62

Fintech Finance

AUGUST 28, 2024

Rellevate’s leading digital banking, disbursements, and wallet solutions are designed to unlock access to payments technology for underserved communities. This partnership will continue to yield innovation, financial inclusion, and digital technological education for consumers across the nation.”

Visa 72

Visa Digital Payments Financial Inclusion Underserved 72

The Fintech Times

OCTOBER 28, 2024

Network International, a digital commerce player in the Middle East and Africa (MEA), has partnered with global digital payment provider Ant International to bring expanded digital payment options to businesses across the region. Alipay+ currently connects over 30 digital payment methods across the world.

Digital Payments 63

Digital Payments Financial Inclusion Payments Agreements 63

The Fintech Times

NOVEMBER 6, 2024

Digital payments have seen tremendous growth across 2024, and looking to keep this trend going in Italy and beyond, Italian international banking group, Intesa Sanpaolo has renewed its multi-year strategic partnership agreement with payments giant, Visa. Stoppani , country manager Visa Italy.

Digital Payments 58

Digital Payments Financial Inclusion Value Added Service Agreements 58

Fintech Finance

JULY 4, 2024

SecurityTech company Giesecke+Devrient (G+D) is making digital payments independent of online connectivity. Even in today’s digital-first economy, connectivity issues can present challenges for digital payment transactions, especially in rural areas. billion unbanked people worldwide.

Digital Payments 83

Digital Payments Online and Mobile Banking Central Bank Financial Inclusion 83

The Paypers

OCTOBER 9, 2023

Global digital payments platform Visa and Philippines-based mobile wallet app GCash have partnered in a bid to drive financial inclusion in the Philippines.

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Financial Inclusion Digital Payments Payments 41

The Fintech Times

OCTOBER 25, 2024

By invalidating these high-denomination bills, the government aimed to reduce illicit cash flows, which accelerated the adoption of digital payments across the country. Accelerating financial inclusion Though demonetisation was abrupt, it accelerated digitalisation in India, with a significant impact on financial inclusion.

Digital Payments 58

Digital Payments FinTech Online and Mobile Banking Financial Inclusion 58

PYMNTS

JANUARY 11, 2021

Pakistan has debuted a government-run instant digital payment system to help with financial inclusion and government revenue, Reuters reports. Pakistan has the distinction as a country where only some economic transactions happen on the books.

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Financial Inclusion Payments Government Governance 95

Center for Payments

OCTOBER 20, 2023

When recognizing Cybersecurity Month in October, it is important to consider the connection between cybersecurity, cutting-edge technology, and financial inclusion. Executives of financial institutions should have a good understanding of the importance of financial inclusion and the impact technology has on it is essential.

Financial Inclusion 40

Financial Inclusion Cybersecurity Innovation Online and Mobile Banking 40

Fintech Finance

APRIL 16, 2024

E6 will power Loop’s cards, wallets and instant payment solutions to fulfill Loop’s strategic goal to become a digital financial services enabler. The Kingdom is bolstering from a growing digital payments scene, recently reaching a market share of 62%, only eight points below its 2025 target of 70%.

Financial Inclusion 52

Financial Inclusion FinTech Instant Payments Digital Payments 52

Fintech Finance

APRIL 3, 2024

Damen , a leading electronic payment company and innovator in the field of digital transactions, in collaboration with BKN301 Group , a leading digital payments and Banking-as-a-Service provider in the MENA region, officially launched new mobile application, “Damen Cash”.

Financial Inclusion 40

Financial Inclusion Payments Digital Payments FinTech 40

The Fintech Times

OCTOBER 23, 2024

Governmental initiatives across the Middle East and North Africa (MENA) are successfully encouraging consumers to adopt digital payments, while the region is also quickly aligning with global standards, payment solutions provider Checkout.com has revealed.

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Facilitators Government Governance Digital Payments 71

Fintech Finance

OCTOBER 23, 2024

In line with Saudi Vision 2030, the project has been launched to build stronger payment platforms and ecosystem, drive digital transformation, and strengthen the national economy through locally relevant technology.

Visa 80

Visa Digital Payments Gateways Technology 80

Fintech Finance

JULY 23, 2024

The agreement with Network International will reinforce DTB’s digital-first strategy in the Kenyan market. Through this partnership, Network will offer a variety of payment products and services including debit, credit and prepaid card hosting and processing as well as e-Commerce.

Digital Payments 78

Digital Payments Fraud Prevention Financial Inclusion Gateways 78

Fintech Finance

APRIL 4, 2024

Network International launched networkpay, it’s direct-to-merchant service in Egypt last year to offer various channels of acceptance including face to face payments, digital payments and online payments, serving 2,500 merchants in the region so far, while Souhoola has over 130,000 users and a network of more than 1,600 merchant partners.

Financial Inclusion 40

Financial Inclusion BNPL Digital Payments Facilitators 40

Fintech Finance

NOVEMBER 4, 2024

Intesa Sanpaolo and Visa have renewed their multi-year strategic partnership agreement, to accelerate the digital transition and encourage the growth of digital payments. Consumers will also be able to enjoy brand new payments innovations, including wearable technology. Stoppani, Country Manager Visa Italy.

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Financial Inclusion Value Added Service Agreements Digital Payments 78