Fintech News

FEBRUARY 26, 2024

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. Source: The Future of Global Fintech: Towards Resilient and Inclusive Growth. The commitment to financial inclusion remains a cornerstone of the fintech value proposition.

FinTech 142

FinTech Consumer Financial Inclusion On-Demand 142

The Fintech Times

MARCH 14, 2024

A complex set of geographic and institutional barriers, including the fragmentation of Filipinos across over 7,000 islands, and low levels of financial literacy, are also hampering the use of financial services. Not so many years ago, Filipinos had to visit bank branches or ATMs to transfer money and manage their accounts.

Online and Mobile Banking 115

Online and Mobile Banking Financial Inclusion Encryption Financial Literacy 115

Fintech News

AUGUST 12, 2024

The report, titled “Fintech – powering India’s US$5 trillion economy by fostering innovations, enabling inclusion and building a sustainable future”, provides an overview of the current state of fintech trends in India. Holistic inclusion, beyond financial inclusion Holistic inclusion is another key theme in the financial sector.

Embedded Finance 109

Embedded Finance FinTech Non-Bank Cross-Border 109

Fintech News

JUNE 18, 2024

The region is experiencing robust growth, significantly outpacing the economies of Europe and the United States. percent drop in earnings for the companies on the list, the core economies of Indonesia, Thailand, Malaysia, Singapore, Vietnam, and the Philippines demonstrated resilience. percent decline in total revenue and a 9.6

Financial Inclusion 102

Financial Inclusion Financial Literacy Cross-Border Economy 102

The Fintech Times

MAY 21, 2024

“Too many consumers today are locked out of the digital economy because identity verification systems rely on outdated data sources and methods,” said Josh Linn , senior VP of product and GM of compliance at Socure. “At The industry must come together to prioritise financial inclusion.”

Verification 59

Verification Identity Theft Legal Financial Literacy 59

The Fintech Times

MARCH 5, 2024

Yabx has been on this journey to build this credit infrastructure ground up and enable financial access for the underserved. We believe access to credit is extremely important to grow the small and medium businesses which are the backbone of emerging economies. Financial literacy is the ability to understand finance.

Financial Literacy 64

Financial Literacy Financial Inclusion Underserved FinTech 64

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

FICO

AUGUST 18, 2022

A UNCDF financial health white paper defines a financially healthy person as someone who “can meet current needs, absorb financial shocks, and pursue financial goals.” However, research indicates that the majority of people are not financially healthy. Glenn: Everyone has their own definition of financial wellness.

Financial Inclusion 52

Financial Inclusion Financial Literacy Small Business Economy 52

The Fintech Times

DECEMBER 9, 2023

Financial services organisations spent 2023 preparing for and making the necessary changes to their customer communications to be compliant with the regulations and helping customers deal with a turbulent economy. To meet the demands and needs of customers in 2024, banks and financial services need to shift from reactive to proactive.

Consumer 111

Consumer Financial Literacy Regulations AI 111

PYMNTS

OCTOBER 21, 2020

Speaking with PYMNTS, Sohn offered insight into why prepaid debit cards are a valuable solution to not only address the payroll needs of underbanked professionals, but strengthen the employer-employee relationship while bringing more people into the digital economy. Paper Checks And The Underbanked. Embracing Existing Technology.

Payroll 56

Payroll Debit Card Online and Mobile Banking Checks 56

PYMNTS

FEBRUARY 21, 2019

While these FIs are offering users different banking approaches and bringing new participants into the digital economy, they must still take the time to confirm that their customers are who they claim to be. On top of that, Wilobank hopes to give customers younger than 18 access to bank accounts to promote financial literacy. .

Financial Inclusion 46

Financial Inclusion Financial Literacy Push-to-Card Credit Cards 46

PYMNTS

JANUARY 3, 2020

According to Shanmugaratnam, the rapid advance of digitization throughout all elements of the Singaporean and the global economy has required “a fundamental re-think of the role of banks, in most advanced financial centers.”. The bank offering, as Razer envisions at present, will target consumers between ages 12 and 35. “We

Online and Mobile Banking 52

Online and Mobile Banking Underserved Financial Literacy Authorization 52

Fintech Labs Insights

MARCH 20, 2017

There was an interesting discussion at the recent Finance Disrupted event in London, organised by The Economist, that highlighted the opportunity for regtech to support financial inclusion. The link between regtech and financial inclusion may not be as clear as providing a payments app where nothing existed previously.

Regulatory Compliance 18

Regulatory Compliance Financial Inclusion Financial Literacy Non-Bank 18

The Fintech Times

JULY 28, 2024

“SteelWave Digital can further bridge the financial accessibility gap by expanding its strategic partnerships with global liquidity providers to enhance capital flows into underserved markets. These technologies need to be modern, not outdated. “In the world of finance, technology should and can serve people.

FinTech 92

FinTech Financial Inclusion Online and Mobile Banking Financial Literacy 92

The Fintech Times

MAY 7, 2024

As of April 2023, there were 1,000 active fintechs in Latin America (LatAm) with a vast majority focusing on financial inclusion, tackling the issue of 70 per cent of the population not having access to formal financial services. This contrasts with other economies where cash usage is declining rapidly. million in 2022.

Digital Payments 64

Digital Payments Online and Mobile Banking Financial Inclusion Payments 64

Finovate

MARCH 20, 2024

Dedicated to promoting financial inclusion, Tradelite Solutions offers a web3 financial education game called Mogaland. The other crypto-friendly demoing company from FinovateEurope this year was Tradelite Solutions.

Blockchain 59

Blockchain Payment Security Security AML 59