Fintech News

NOVEMBER 13, 2024

Furthermore, Visa expanded its partnership with Pharrell Williams to support his philanthropic ventures, Black Ambition and YELLOW, providing financial literacy resources to YELLOW students. Jonathan Kolozsvary “It’s incredibly rewarding to see the world finally recognizing creators as the driving force behind the digital economy.

Small Business 124

Small Business Financial Literacy Debit Card Real Time Payments 124

The Fintech Times

OCTOBER 23, 2024

According to the World Bank , the country has a gross domestic product per capita of around $2,389 – while its economy is reliant on energy resources in the Timor Sea. Tackling these challenges Despite these challenges, the fintech industry could certainly play a role in improving financial inclusion for citizens of Timor-Leste.

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Financial Inclusion FinTech Credit Union Financial Literacy 101

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.

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FinTech Consumer Financial Inclusion On-Demand 142

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.

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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 Finance

FEBRUARY 26, 2024

Today, Visa (NYSE: V), a leading global payments technology company, and the GSMA Mobile for Development Foundation (GSMA Foundation) announced the launch of the Digital Finance for All (DFA) Initiative, furthering Visa’s decades-long efforts to increase access to the global economy for everyone, everywhere.

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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

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Financial Inclusion Financial Literacy Cross-Border Economy 105

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.

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Embedded Finance FinTech Non-Bank Cross-Border 116

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

Fintech News

OCTOBER 28, 2024

The 18 finalists have been selected based on solutions to challenges in credit access, financial literacy, cross-border payments, and personalized protection, among other areas. KaiOS empowers individuals and communities with accessible education, turning financial wellness into a sustainable reality.

FinTech 119

FinTech Financial Literacy Cross-Border Distributed Ledger Technology (DLT) 119

The Fintech Times

FEBRUARY 16, 2024

Paystand.org is rooted in Paystand’s mission: to decentralise the financial system, transforming businesses toward a better economy. The initiative addresses the serious challenges facing emerging economies globally in financial inclusion. The same is true for other countries with growing bitcoin economies.

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Bitcoin Blockchain Financial Inclusion Underserved 72

The Fintech Times

OCTOBER 25, 2024

The country’s journey from a cash-dominated economy to a digital leader began to take shape in 2016, a pivotal year for India’s financial arena. Accelerating financial inclusion Though demonetisation was abrupt, it accelerated digitalisation in India, with a significant impact on financial inclusion.

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Digital Payments FinTech Online and Mobile Banking Financial Inclusion 59

The Fintech Times

NOVEMBER 7, 2024

While it has made significant gains from incoming tourism, the country needs to diversify its economy to ensure a positive future. However, during the Covid pandemic, the country’s tourism industry (and therefore its economy) experienced a significant hit – leading to its GDP per capita falling to a little over $7,000.

FinTech 59

FinTech PayPal Financial Inclusion Financial Literacy 59

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.”

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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

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

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.

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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.

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Payroll Debit Card Online and Mobile Banking Checks 56

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

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. .

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

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.

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Blockchain Payment Security Security AML 59

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.

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Regulatory Compliance Financial Inclusion Financial Literacy Non-Bank 18

The Fintech Times

OCTOBER 31, 2024

Once among the poorest countries globally, Bangladesh now showcases a rapidly developing economy that is embracing digitalisation to expand financial access and foster inclusion. Financial inclusion Building on this momentum, Bangladesh launched its first National Financial Inclusion Strategy 2021-2026.

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Financial Inclusion FinTech Financial Literacy Correspondent Bank 72