Fintech News

APRIL 3, 2024

Data from the World Bank’s Global Findex Database reveal that, in 2021, men were 6% points more likely than women to use digital payments, a gender gap that had remained consistent across developing economies since 2014 in part because of the broader gender gap in access to digital services.

Financial Inclusion 105

Financial Inclusion FinTech Financial Literacy Non-Bank 105

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. He adds how it is important this goal keeps customers at the heart of any of innovation.

FinTech 92

FinTech Financial Inclusion Online and Mobile Banking Financial Literacy 92

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“Too many consumers today are locked out of the digital economy because identity verification systems rely on outdated data sources and methods,” said Josh Linn , senior VP of product and GM of compliance at Socure.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 Solving the identity challenges of underserved populations is not only an economic imperative, but a moral one.

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

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

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

The Fintech Times

MAY 7, 2024

Our expertise also extends to developing innovative solutions that enhance access to credit and banking services for consumers and small businesses, especially in areas traditionally underserved by conventional financial institutions. This contrasts with other economies where cash usage is declining rapidly.

Digital Payments 64

Digital Payments Online and Mobile Banking Financial Inclusion Payments 64

PYMNTS

MAY 10, 2018

Additionally, India, Japan and China may be “the leading countries to be a better prospect region” as the result of governments seeking to encourage a cashless economy. Thanks in part to new regulations and an increase in financial literacy, RBR projects that payment card acceptance will jump to 85 million outlets around the globe by 2022.

Financial Literacy 45

Financial Literacy P2P Research Chip Cards 45

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.”. Youth and millennials are underserved even in a crowded space like Singapore,” Meng said in a statement.

Online and Mobile Banking 52

Online and Mobile Banking Underserved Financial Literacy Authorization 52

Fintech News

DECEMBER 20, 2023

Moving forward, MAS aims for Gprnt to expand its capabilities to serve the more sophisticated data needs of larger multi-national entities and other regional economies. SME finance and financial access Across every economy, MSMEs are playing a crucial role by contributing significantly to economic output and employment.

FinTech 80

FinTech Cross-Border CBDC Web 3.0 80

PYMNTS

AUGUST 3, 2020

Senator Marco Rubio of Florida, who spearheaded the landmark Paycheck Protection Program (PPP) to help small businesses survive the coronavirus pandemic, now has to organize further funding to help the still-ailing economy, The Wall Street Journal (WSJ) reported. But the crux of his plan was to hopefully help underserved communities.

Small Business 103

Small Business Financial Literacy Underserved Economy 103