The Fintech Times

OCTOBER 23, 2024

“As governments in the region implement forward-thinking policies, the interplay between regulation and businesses becomes increasingly vital. The post MENA Governments are Successfully Facilitating Rapid Growth of Digital Payments, Says Checkout.com appeared first on The Fintech Times.

Facilitators 72

Facilitators Government Governance Digital Payments 72

The Fintech Times

SEPTEMBER 14, 2024

The European Data Governance Act (DGA), introduced in September 2023, establishes data intermediaries to create a regulatory framework that encourages trust in data sharing across the region. Since reading some of the first recitals of the Data Governance Act, we’ve made a conscious strategic decision to being a licensed data intermediary.

Government 59

Government Governance Economy Facilitators 59

The Fintech Times

AUGUST 19, 2024

Over the past 75 years, South Korea’s economy has boomed, undergoing rapid industrialisation with a growth rate of seven per cent annually, according to the International Monetary Fund. Having earned its spot as one of the Four Asian Tigers, we explore what is propelling South Korea’s economy and fintech ecosystem.

Economy 64

Economy Online and Mobile Banking FinTech Governance 64

Fintech News

JANUARY 9, 2024

The government’s aim with this initiative is to invigorate Thailand’s economy, the second-largest in Southeast Asia, targeting a growth rate of at least 5% annually. Under this scheme, around 50 million Thai citizens will each receive 10,000 baht (about US$285) to spend within their local communities.

Central Bank 115

Central Bank Legal Governance Government 115

Fintech Finance

DECEMBER 12, 2024

Consumers, businesses, and governments can use Visa Direct to deposit funds to bank accounts linked to eligible debit cards in real-time1. In addition to enhancing the cardholders experience, this update opens new avenues for businesses and governments to grow and thrive. Faster Payments Council (FPC).

Funds Availability 91

Funds Availability FPC Accounts Debit Card 91

The Payments Association

DECEMBER 7, 2023

In Britain, 13 years of Conservative government will come to an end. The US will face its most divisive, and potentially destabilising presidential election in decades.

Economy 88

Economy Central Bank Finance Governance 88

PYMNTS

NOVEMBER 12, 2020

Delegated by the Canadian Government, Payments Canada is responsible for the clearing and settlement infrastructure, processes and rules. Providing Canadians and Canadian businesses with access to faster, data-rich payment options will enable innovation, support the long-term growth of the economy, and strengthen our global competitiveness.”.

ISO 20022 138

ISO 20022 Real Time Payments Settlement ISOs 138

The Fintech Times

SEPTEMBER 16, 2024

Brunei Darussalam, more commonly known as Brunei, has transformed its economy for the better following the discovery of oil and gas in 1929. However, as the world starts to turn away from fossil fuels, the country is starting to diversify its economy: we explore fintech’s role in Brunei’s new economic plan.

Economy 59

Economy Central Bank Non-Bank FinTech 59

Electronic Payments Coalition

DECEMBER 12, 2023

The Electronic Payments Coalition (EPC) issued a new document examining the negative effects the credit card mandates, similar to those imposed in Europe, would have on American consumers and the nation’s economy. The post Durbin-Marshall: Europeanizing the U.S.

Credit Cards 119

Credit Cards Payments Economy Governance 119

Tearsheet

FEBRUARY 16, 2024

This extended partnership will focus on integrating additional instant payment use cases across a range of payment flows for consumers, businesses, and governments. For governments, it helps activate local economies through disbursement and settlement. How is the instant payments landscape changing with the launch of FedNow?

Instant Payments 119

Instant Payments RTP Visa TCH 119

The Fintech Times

OCTOBER 26, 2024

First-time buyers (FTBs) in the UK are calling out for more support from the government to help them achieve their home-buying goals this year, according to research by investment platform Moneybox. A further 23 per cent have also called to reduce or remove the government’s unauthorised withdrawal penalty on LISA.

Government 59

Government Governance Addressing Rules 59

Fintech Review

OCTOBER 30, 2024

Singapore, Singapore, October 30th, 2024, FinanceWire FBS , a leading global broker, explores the essential role of cryptocurrencies in hyperinflated economies. The FBS article underscores the transformative impact of cryptocurrencies on daily life and regional economies. The annual trading volume of FBS clients is over $8.9

Economy 52

Economy Research Stablecoins Digital Currency 52

The Fintech Times

SEPTEMBER 27, 2024

In 2021, the military overthrew the elected government of Aung San Suu Kyi and her National League for Democracy party, sparking ongoing protests and unrest. Agriculture, however, remains the largest contributor to the economy, accounting for nearly half of the GDP and employing two-thirds of the labour force.

Financial Inclusion 102

Financial Inclusion FinTech Underserved Central Bank 102

The Fintech Times

SEPTEMBER 14, 2024

With a strong foundation in semiconductors and information technology, alongside government initiatives and a developing fintech ecosystem, Taiwan is steadily integrating digital innovation into its financial services. These economies have since developed into fully advanced nations.

Innovation 119

Innovation FinTech Payment APIs and Integration Non-Bank 119

Fintech News

NOVEMBER 11, 2024

The launch event, led by NBC Governor Dr. Chea Serey, was attended by representatives from government agencies, financial institutions, and other industry stakeholders. This collaboration reflects our commitment to supporting the growth of Cambodia’s vibrant economy. This allows them to scan KHQR codes and pay at over 3.3

Visa 88

Visa Payments Economy Governance 88

Fintech News

APRIL 17, 2024

Prime Minister Srettha Thavisin has officially launched a new digital wallet scheme in Thailand aimed at benefiting approximately 50 million citizens to energise the country’s economy. The programme’s rollout follows a fulfillment of the government’s electoral promise to improve livelihoods and stimulate economic activity.

Economy 106

Economy Legal Facilitators Participant 106

Fintech Review

OCTOBER 8, 2024

Organisations and governments use these bonds to raise capital specifically for environmentally sustainable projects. Governments and financial institutions worldwide encourage the use of sustainable finance instruments, and bonds are a primary vehicle for financing eco-friendly projects.

Governance 98

Governance Government Finance Returns 98

The Payments Association

JUNE 7, 2024

Matthew Lynn, financial columnist for The Telegraph and The Spectator: European banks have experienced a notable recovery over the past year, with banking stocks significantly outperforming the market due to higher interest rates and stable economies.

Economy 88

Economy Governance Government Payments 88

The Fintech Times

AUGUST 6, 2024

The second-largest economy in the Association of Southeast Asian Nations (ASEAN) region after Indonesia, has a gross domestic product (GDP) per capita of just shy of $7,000 per person, making Thailand a high-middle-income economy. Supporting startups Thailand is also investing significant resources into its wider startup ecosystem.

FinTech 116

FinTech Distributed Ledger Technology (DLT) Cross-Border Cross-Border Payments 116

Open Banking Excellence

NOVEMBER 7, 2023

Many people in the UK are opposed to a government-issued ID. In some sections of society there is still an innate aversion to the idea of government having a deeper sight of citizen transactions. This creates an opportunity for the financial services sector. This bank-centric form of digital identity already exists in the UK.

Due Diligence 130

Due Diligence Ubiquitous Governance Government 130

Open Banking Excellence

JULY 1, 2024

Helping reduce costs and enabling them to positively impact their citizens and economy drives a fairer and more inclusive society. This proven programme makes it simpler and faster for regulators to shape and implement their domestic open banking and open finance frameworks and policies. It’s your North Star.

Use Case 130

Use Case Cross-Border Regulations Best Practices 130

Fintech News

MAY 6, 2024

The announcement was made in the presence of Senior Minister of State for Communications and Information, Tan Kiat How, who emphasised Singapore’s efforts to deepen partnerships with tech giants like AWS to enhance its digital economy. aligning with the government’s S$1 billion investment in AI.

AI 97

AI On-Demand Economy Governance 97

Fintech Finance

AUGUST 21, 2024

Since joining Mastercard in 2013, she has partnered with governments and corporations to spearhead the adoption of B2B platforms, enhancing the efficiency and transparency of cross-border trade in Asia Pacific.

Visa 96

Visa Cross-Border Economy Financial Inclusion 96

Fintech Finance

DECEMBER 5, 2024

Late payments cost UK SMBs an average of £22,000 annually, contributing to 50,000 business closures each year due to cash flow issues, according to the Federation of Small Businesses and the UK Government. According to the Office of the Small Business Commissioner, if SMBs were paid on time, this could boost the economy by an estimated £2.5

Small Business 95

Small Business Embedded Payments Reconciliation Real Time Payments 95

Fintech News

OCTOBER 21, 2024

The Indonesian government has also played a critical part in fostering digital payments. E-wallets gain momentum in the Philippines amid financial inclusion efforts In the Philippines, e-wallet adoption has surged due to the country’s large unbanked population and ongoing efforts from the government to improve financial access.

Financial Inclusion 126

Financial Inclusion Embedded Finance Payments Push-to-Card 126

The Fintech Times

JUNE 27, 2024

Backed by the Bahraini government, ecosystem builder BFB has emerged as the country’s leading fintech platform, providing innovation labs, acceleration programmes, curated activities and educational opportunities.

FinTech 111

FinTech Agreements Innovation Economy 111

Fintech Finance

SEPTEMBER 20, 2024

The government has unveiled new measures to support small businesses and the self-employed by tackling the scourge of late payments, which is costing small businesses £22,000 a year on average and leads to 50,000 business closures a year. This will mean company boards and international investors will be able to see how firms are operating.

Small Business 85

Small Business Governance Government Payments 85

Fintech News

JUNE 5, 2024

The government does acknowledge the competition BNPL has introduced into credit markets, providing consumers with access to small amounts of credit and contributing to the broader economy. ” “The government is working hard to protect consumers against financial harm. billion to GDP.

Regulations 87

Regulations BNPL Product Consumer Protection 87

The Fintech Times

FEBRUARY 26, 2024

The trip, coordinated in partnership with Dubai’s Department of Economy and Tourism (DET) and Informa plc , the events, digital services, and academic knowledge company, will see representatives of each tech company introduced to a variety of government officials, banks and regulators.

Financial Crimes 119

Financial Crimes FinTech Economy Advisors 119

PYMNTS

AUGUST 21, 2020

But the government has cracked down on some of these methods. Chainalysis researchers suggest since China’s economy has been struggling due to trade wars and devaluation of the yuan, traders are moving more cryptocurrency overseas. Cryptocurrency could be picking up some of the slack.” .

Cryptocurrency 139

Cryptocurrency Stablecoins Money Laundering Regulatory Compliance 139

Fintech Finance

JANUARY 22, 2024

SMEs are the backbone of the economy. In line with our commitment to driving financial inclusion, Mastercard has pledged to bring 50 million micro, small and medium enterprises worldwide into the digital economy by 2025. The UAE’s shift to a digital economy continues to accelerate as SMEs increasingly embrace digital payments.

Visa 90

Visa Small Business Economy Non-Bank 90

Fintech News

SEPTEMBER 30, 2024

This will lay a strong foundation for further development of digital financial infrastructure, promoting Thailand as a digital economy hub and advancing the country’s digital industry, in response to government policy to accommodate future changes in the financial sector.”

Economy 96

Economy Security Government Governance 96

The Fintech Times

JANUARY 29, 2024

A UAE economic delegation is in the UK this week looking to explore opportunities for collaboration and partnerships in various sectors, including fintech, innovation, new economy, and circular economy. Led by H.E. The UAE and the UK have witnessed significant growth in all areas of cooperation over the past years.

FinTech 69

FinTech Economy Treasury Government 69

The Payments Association

NOVEMBER 18, 2024

The message from the Chancellor in the Autumn Budget was loud and clear: Britain must “invest, invest, invest” to grow the economy, outlining the Labour Government’s plans for a National Wealth Fund and a new modern industrial strategy. But the cautiousness reflects a broader trend.

Technology 88

Technology Multi-Currency Economy Real Time Payments 88

Fintech Review

APRIL 24, 2024

Distinct from decentralised cryptocurrencies such as Bitcoin , CBDCs are centralised and backed by government authorities. Unlike cryptocurrencies , which operate independently of a central governing body, they integrate the traditional trust and regulatory rigor of central banks with the innovative advantages of blockchain technology.

Central Bank 91

Central Bank CBDC Cross-Border Payments Cross-Border 91

The Payments Association

OCTOBER 17, 2024

Download the full report to discover more of the insight from 200 UK board members, click the link below.

On-Demand 88

On-Demand Research AI Economy 88

Fintech News

OCTOBER 2, 2024

This expansion follows an agreement with the Thai government in 2023, which outlined plans for digital infrastructure development, responsible AI adoption, and accessible digital skills. As part of this effort, Google’s Gemini Academy has trained 20,000 Thai educators since 2023, further highlighting its commitment to AI education.

AI 98

AI Government Governance On-Demand 98