Fintech Review

DECEMBER 31, 2024

With their growing economies and youthful populations, these regions present significant opportunities. This regulatory flexibility allowed non-banking institutions to offer financial services. Consequently, Kenya witnessed a surge in mobile payment adoption, improving financial access for underserved populations.

FinTech 111

FinTech Regulations Best Practices Central Bank 111

Electronic Transactions Association

FEBRUARY 22, 2023

The report, Advancing Economic Inclusion—Empowering Underserved Communities with Fintech , highlights the innovative products and services revolutionizing the way commerce is conducted through safe, secure, convenient, and rewarding solutions.

Underserved 40

Underserved Online and Mobile Banking Financial Literacy FinTech 40

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. This technological pivot is expected to facilitate a deeper integration of financial services into the broader digital economy, enhancing accessibility and user experience.

FinTech 142

FinTech Consumer Financial Inclusion On-Demand 142

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 126

Financial Inclusion FinTech Financial Literacy Non-Bank 126

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.

Financial Literacy 52

Financial Literacy Finance Financial Inclusion Economy 52

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.

Bitcoin 72

Bitcoin Blockchain Economy Financial Inclusion 72

Fintech Finance

APRIL 27, 2025

As part of its commitment to financial empowerment, du Pay also rolled out financial literacy initiatives across labour communities, aiming to increase awareness and access to digital financial tools.

Transactions 52

Transactions Financial Literacy Underserved P2P 52

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

M2P Fintech

JANUARY 23, 2025

This feature is designed to offer UPI access to individuals who may not have their own bank accounts or are reluctant to use digital payments, making it easier for them to engage in the digital economy. This innovation not only promotes financial literacy but also opens doors to new economic opportunities for underserved communities.

Financial Literacy 52

Financial Literacy Payment APIs and Integration Financial Inclusion Underserved 52

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

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 107

FinTech Cross-Border CBDC Web 3.0 107

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 Government Governance 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

JANUARY 22, 2025

Jessica echoed these sentiments, adding that the true potential of open banking lies in its ability to create a more inclusive financial ecosystem. Open banking could drive significant advancements in financial inclusion across underserved markets. This approach fosters deeper customer relationships.

Cross-Border 117

Cross-Border Payment APIs and Integration AI Financial Inclusion 117

The Fintech Times

JANUARY 16, 2025

This will continue to be true, especially as we look forward to what might be significant changes to our economy. This requires the fintech provider to act with transparency, driving accountability for both the customer and employee experience throughout the organisation. For instance, clear communication and fair pricing are a must.

FinTech 88

FinTech Advisors AI Underserved 88

The Fintech Times

JANUARY 18, 2025

Another significant challenge is implementing sustainable practices and commitment to financial inclusion. “While the potential of financial inclusion is significant, expanding into underserved areas presents barriers such as financial illiteracy and limited access to technology.

FinTech 59

FinTech Financial Inclusion Underserved Cybersecurity 59