Neopay

OCTOBER 23, 2024

The report leverages data from 40 countries and reveals for the first time an empirical link between real-time payments and financial inclusion. Real-time payments act as a powerful catalyst for economic growth and societal transformation in modern, digital economies. Moreover, over the next four years, 167.2

Real Time Payments 52

Real Time Payments Financial Inclusion Payments Economy 52

Fintech Finance

OCTOBER 4, 2024

Paysend and Mastercard have partnered to launch Paysend Libre in Mexico in a move to drive financial inclusion in a region where the majority of the population is still underbanked or unbanked. Paysend is taking a lead in financial inclusion throughout the LATAM (Latin American) Region with the launch of Paysend Libre in Mexico.

Financial Inclusion 105

Financial Inclusion Visa Cross-Border Security 105

The Fintech Times

OCTOBER 23, 2024

Produced in collaboration with The Centre for Economics and Business Research , the second ‘ Real-Time Payments: Economic Impact and Financial Inclusion ‘ report from ACI Worldwide reveals an empirical link between real-time payments and financial inclusion. By 2028, 167.2 By 2028, 167.2

Real Time Payments 58

Real Time Payments Financial Inclusion Instant Payments Economy 58

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 120

Financial Inclusion FinTech Financial Literacy Non-Bank 120

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

Finezza

DECEMBER 19, 2023

India is a young and developing economy with a population of more than 1.4 billion people. Until the last decade, the country grappled with various challenges across multiple fronts, hindering its overall progress.

Financial Inclusion 98

Financial Inclusion Economy Posting 98

The Fintech Times

OCTOBER 10, 2024

In fact, according to the Lowy Institute ‘s Pacific Aid Map , no other economy in the world was as impacted by development assistance. In fact, according to the Lowy Institute ‘s Pacific Aid Map , no other economy in the world was as impacted by development assistance. This is due in large part to tourism.

Financial Inclusion 52

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’s economy is projected to grow by 5.8 The country’s GDP now stands at nearly $1,760.

Financial Inclusion 68

Financial Inclusion FinTech Central Bank Online and Mobile Banking 68

The Fintech Times

OCTOBER 30, 2024

While this represents a significant step forward, should financial inclusivity have moved further ahead by now? Solving credit invisibility requires more inclusive and creative solutions that open up financial opportunities for everyone, not just a select few. Then we’ll make real progress.”

Financial Inclusion 58

Financial Inclusion Embedded Finance Non-Bank Consumer 58

The Fintech Times

SEPTEMBER 24, 2024

The country is focusing on fintech solutions like mobile payments and cross-border systems to boost financial inclusion and economic growth. Economic reforms in the 1980s, known as the ‘New Economic Mechanism,’ helped shift the country from a centrally-planned to a market-oriented economy.

Financial Inclusion 63

Financial Inclusion Digital Payments Cross-Border Central Bank 63

The Fintech Times

OCTOBER 3, 2024

According to the Asian Development Bank (ADB), the country’s economy is dominated by agriculture and capital-intensive extractions of gold, oil, copper and silver. The informal economy also plays a major role in the country, as 87 per cent of the population relies on it for their livelihood.

Financial Inclusion 52

Financial Inclusion Financial Literacy Governance Government 52

Fintech Finance

NOVEMBER 19, 2024

. “From addressing the lending gap, to providing tools for financial independence, every aspect of our platform is designed with women’s empowerment in mind.” We’re not just solving a market need by empowering women; we’re unlocking the full potential of an economy that has been overlooked for far too long.

AI 89

AI Economy Financial Inclusion Innovation 89

The Fintech Times

AUGUST 6, 2024

Both Microsoft , the software provider, and dLocal , the payments platform, are on a mission to become more financial inclusive and drive digital transformation. It will also ensure seamless, secure, and efficient financial transactions,” said Sergio Fogel , co-founder and chief strategy officer at dLocal.

Financial Inclusion 58

Financial Inclusion AI Use Case FinTech 58

Fintech News

DECEMBER 14, 2023

Oradian, a fintech firm based in Makati, Manila , has notably improved financial sector access, especially in Southeast Asia. They were key contributors in a panel at the Singapore Fintech Festival , discussing the role of profitable scalability in financial inclusion.

Financial Inclusion 96

Financial Inclusion On-Demand Innovation Product 96

The Fintech Times

JUNE 23, 2024

With the support of local regulators, Pyypl can also provide access to prepaid Visa cards in other markets, fast-tracking financial inclusion across the MEA region. This not only gives them access to the digital economy, but also helps them thrive in this increasingly digital age.”

Financial Inclusion 58

Financial Inclusion Security Underserved Regulations 58

The Fintech Times

AUGUST 23, 2024

Adriana Cárdenas, general manager of Visa in Colombia “For us, this opportunity represents the possibility of continuing to contribute to the development and financial inclusion of Colombia through technologies that allow for greater security and ease in payment systems,” said Adriana Cárdenas , general manager of Visa in Colombia.

Financial Inclusion 58

Financial Inclusion Continuity Economy Technology 58

The Fintech Times

MAY 27, 2024

This move aligns with the strategic goals of the Iraqi government and the central bank to enhance financial inclusion and expedite the digital transformation of the national economy. The post ZainCash Adopts Temenos Technology to Expand Financial Inclusion in Iraq appeared first on The Fintech Times.

Financial Inclusion 58

Financial Inclusion Payment APIs and Integration Technology Central Bank 58

The Fintech Times

SEPTEMBER 19, 2024

Lighthub Asset and WeLab’s venture (the consortium) will improve financial inclusion in Thailand. Its features will be tailored to solopreneurs and micro, small and medium enterprises (MSMEs) facing unstable income and limited financial access.

Financial Inclusion 58

Financial Inclusion Underserved Interoperability Multi-Currency 58

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. With financial inclusion on the rise in Ethiopia, we are committed to providing an efficient and reliable service for both Mastercard and Hibret Bank.

Financial Inclusion 52

Financial Inclusion Visa Online and Mobile Banking Cross-Border 52

Fintech Finance

MAY 16, 2024

These initiatives are set to significantly enhance digital and financial inclusion across the country, particularly Ethiopia’s smallholder farmers. Leveraging the power of technology, we aim to address the unique needs of our customers from farmers to consumers and businesses, empowering them to thrive and contribute to the economy.

Financial Inclusion 52

Financial Inclusion Visa Innovation Online and Mobile Banking 52

Finezza

DECEMBER 19, 2023

India is a young and developing economy with a population of more than 1.4 While most of the problems still exist, we focus on one particular area that deserves the limelight and widespread appreciation: India’s push […] The post Digital Lending Models Propel India Closer Toward Financial Inclusion Goals appeared first on Finezza Blog.

Financial Inclusion 52

Financial Inclusion Economy Posting 52

Fintech News

JANUARY 7, 2024

Payments innovation in Indonesia holds significant promise for contributing to the nation’s economy and helping bring about a more inclusive, accessible, and equitable financial system. Indonesia also has the largest digital economy in Southeast Asia, a sector that reached a gross merchandise value of US$82 billion in 2023.

Financial Inclusion 111

Financial Inclusion Innovation Payments NOV 111

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.

Financial Inclusion 59

Financial Inclusion Visa Innovation Funds Transfer 59

The Fintech Times

JANUARY 10, 2024

In December 2023, Tenpo , the Chilean digital bank, called out the US corporation for failing to take into account financially inclusive payment methods that were popular among Chileans. The campaign aims to promote freedom of payment choice popular with locals – ensuring financial inclusion. Not necessarily.

Financial Inclusion 71

Financial Inclusion Economy Innovation Venmo 71

Fintech Review

NOVEMBER 12, 2024

Bengaluru, India, November 12th, 2024, FinanceWire In a landmark move following the 16th BRICS Summit, BackD is set to launch BRICS-backed stablecoins, aiming to redefine financial independence for emerging economies. By disassociating from the dollar’s fate, BackD’s BRICS stablecoins promote financial stability and autonomy.

Stablecoins 64

Stablecoins Economy Multi-Currency Cross-Border 64

The Fintech Times

DECEMBER 26, 2023

Dmitry Borodin, head of decision analytics at Creditinfo, discusses the importance of using alternative data to achieve fair and accessible finance for underserved populations, including those with little or no credit history, small and medium enterprises (SMEs), and young and female demographics in emerging economies.

Financial Inclusion 58

Financial Inclusion Underserved Small Business Finance 58

The Fintech Times

MAY 23, 2024

Leveraging technologies like advanced data encryption, the company aims to power faster digital payments and help advance the UAE’s cashless economy. “We We are thrilled to receive this approval which allows us to bring our vision for Comera Pay to life,” said Akhtar Saeed Hashmi, MD of Comera Financial Holding. “By

Economy 104

Economy Security Encryption Data Encryption 104

The Fintech Times

NOVEMBER 9, 2024

In the last five years, Sri Lanka’s economy has struggled greatly. 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. From being one of the strongest markets in South Asia, it has since fallen from grace.

Economy 84

Economy Online and Mobile Banking Central Bank Financial Inclusion 84

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.

Financial Inclusion 122

Financial Inclusion Innovation FinTech Addressing 122

Fintech Finance

OCTOBER 21, 2024

ACI Worldwide’s second Real-Time Payments: Economic Impact and Financial Inclusion report leverages data from 40 countries and reveals—for the first time—an empirical link between real-time payments and financial inclusion. Top five countries for financial inclusion uplift (number of newly banked citizens): Pakistan – 63.5

Real Time Payments 98

Real Time Payments Financial Inclusion Instant Payments Accounts 98

Finovate

JUNE 21, 2024

.” Babatz continued, “More broadly, (the investment) provides even further validation of our mission to open access to digital payments, financial services, and technology solutions to SMBs in the country. Clip was founded in 2012.

Financial Inclusion 64

Financial Inclusion Payment APIs and Integration Legal Framework Cross-Border Payments 64

Fintech Finance

MARCH 28, 2024

Mastercard has announced the launch of two innovative payment cards in collaboration with Zenith Bank , the Mastercard Naija Card and the World Elite Credit Card, designed to address the diverse financial needs of Nigerians. They represent a significant step forward in our mission to connect one billion people to the digital economy by 2025.

Financial Inclusion 52

Financial Inclusion Visa Credit Cards Payments 52

The Fintech Times

APRIL 17, 2024

The gig economy sees workers paid for the ‘gigs’ they do, often via digital platforms, such as offering food delivery or taxi services – made highly popular by the likes of Uber , Deliveroo and Bolt. To find out more, we asked industry leaders about the impact embedded finance is already having on the gig economy.

Embedded Finance 110

Embedded Finance Economy Finance Financial Inclusion 110

PYMNTS

JANUARY 22, 2021

This is financial exclusion on a global scale, and as we emerge into 2021, I believe the private sector and governments everywhere must work more closely to improve financial inclusion and reduce the world’s unbanked population. Yet, as the developed world progresses further into cashless living, for the 1.7

Financial Inclusion 73

Financial Inclusion Economy Agreements Small Business 73

PYMNTS

JANUARY 11, 2021

Pakistan has debuted a government-run instant digital payment system to help with financial inclusion and government revenue, Reuters reports. One goal for the company, according to Reuters, is to boost the role of women in the formal economy. The Raast system was also supported by the World Bank, Britain and the United Nations.

Financial Inclusion 95

Financial Inclusion Payments Governance Government 95

Fintech Finance

OCTOBER 29, 2024

To promote financial inclusion and accessibility, TerraPay , a leading global money movement company, has partnered with Yape , the superapp of Peru. Diverse Functionality: Users can immediately utilize the received funds across various app features, promoting a cashless economy and fostering greater financial inclusivity.

Financial Inclusion 105

Financial Inclusion Cross-Border Economy Underserved 105

The Fintech Times

AUGUST 23, 2024

Following the collapse of Soviet control, Mongolia rapidly transitioned to a free-market economy by 1992, embracing economic reforms that opened the door to global trade and investment. Mongolia is currently classified as a lower-middle-income economy, with a gross domestic product (GDP) per capita exceeding $5,000.

Economy 114

Economy FinTech Governance Government 114