The Fintech Times

MARCH 7, 2025

This is crucial given that fraud is currently costing the UK economy 6.8billion. This would be especially helpful for SMEs, the backbone of the UK economy. Appoint a lead authority : To address market coordination failures, the Government should consider appointing a responsible body to oversee implementation and governance.

Compliance 96

Compliance Financial Crimes Crime Government 96

Fintech News

JANUARY 22, 2025

The launch ceremony, led by NBC Governor Dr. Chea Serey, brought together about 300 participants, including representatives from government ministries, international payment firms, and private companies. The app also enables users to transfer funds to their individual Bakong accounts, offering an alternative to cash transactions.

Financial Inclusion 136

Financial Inclusion Interoperability Payments International Payments 136

Fintech News

SEPTEMBER 3, 2024

Thailand’s Prime Minister Paetongtarn Shinawatra announced that a portion of the government’s 450 billion baht (US$13.1 The digital handout, a central part of the ruling Pheu Thai Party’s election platform, aims to stimulate the Thai economy, which grew by 2.3%

Adjustments 116

Adjustments Government Governance Central Bank 116

Fintech News

JANUARY 21, 2025

Singapore currently stands as the regional leader, or Champion, with exemplary ratings in market maturity and government initiatives. Regional integration is playing a key role, with governments accelerating their efforts to enhance cross-border commerce and digital economy participation.

Payment APIs and Integration 107

Payment APIs and Integration Finance Cross-Border API 107

The Fintech Times

AUGUST 23, 2024

Following the collapse of Soviet control, Mongolia rapidly transitioned to a free-market economy by 1992, embracing economic reforms that opened the door to global trade and investment. Mongolia is currently classified as a lower-middle-income economy, with a gross domestic product (GDP) per capita exceeding $5,000.

Economy 115

Economy FinTech Government Governance 115

Fintech Finance

MARCH 11, 2025

Remittances play a vital role in the Ghanaian economy, and our goal is to make the process as seamless as possible for Ghanaians in the diaspora looking to send money home. This approval is a testament to our ongoing commitment to supporting financial inclusion and economic growth in Africa.

Financial Inclusion 99

Financial Inclusion BNPL FinTech Economy 99

The Fintech Times

JANUARY 28, 2024

Cyber threats should be prioritised as a key business risk like financial and legal challenges, the UK government has urged as it releases new guidelines to help directors and business leaders boost their cyber resilience. Such a move will significantly contribute to the overall security and resilience of the UK’s digital economy.

Government 119

Government Governance APACS Breach 119

Fintech Finance

JANUARY 8, 2025

Our innovative, secure, and efficient payment solutions are designed to help UK businesses scale globally and thrive in dynamic, emerging economies. The company has built strong partnerships with governments globally, ensuring that it operates securely and in full compliance with local laws.

Payments Institute 123

Payments Institute Regulatory Compliance Alternative Payment Methods Compliance 123

Fintech Finance

JANUARY 31, 2025

It serves as FinTech Australias first major report into the tangible impact the industry is having both on the countrys economy and business across Australia. Rehan DAlmeida, CEO, FinTech Australia said: This report finally quantifies the power of fintech to transform our economy. Over 30% of businesses reported growth of over 2.5%

Small Business 97

Small Business FinTech Innovation Payments 97

Fintech News

FEBRUARY 11, 2025

List of national payment schemes and respective scheme administrators The consolidation is expected to enhance governance, support innovation, and contribute to the development of Singapores national payments strategy. Further details on the entitys name, governance structure, and board composition will be announced later this year.

Cross-Border Payments 90

Cross-Border Payments Cross-Border Payments Authorization 90

Fintech News

DECEMBER 2, 2024

Vietnam is undergoing a transformation and moving towards becoming a cashless economy, a shift that has been driven by innovative financial solutions and public initiatives, a new report by Chiming, a market research firm focusing on Vietnam and Indonesia, shows. rate in 2023.

Financial Inclusion 111

Financial Inclusion Financial Literacy Point-of-Sale (POS) NOV 111

Fintech Finance

OCTOBER 29, 2024

Sibstar, the UK’s leading debit card and app for people living with dementia, is today calling for banks and governments to work closer together to ensure safer spending for financially vulnerable people. Sibstar is the UK’s first debit card and app that helps families living with dementia to safely manage their everyday spending.

Financial Inclusion 128

Financial Inclusion Debit Card Scams Finance 128

Fintech News

JANUARY 12, 2025

The regions strong fundamentals, coupled with a growing digital economy, promise continued growth and innovation in the coming years, a new report by Royal Park Partners (RPP), a fintech-focused corporate finance advisory firm, says. These platforms are bridging credit gaps, playing a crucial role in the supporting local economies.

FinTech 117

FinTech Financial Inclusion BNPL Cross-Border 117

Fintech Finance

MARCH 5, 2025

The State Bank of Pakistan (SBP) has awarded Mashreq Pakistan a restricted license for pilot operations as part of the government’s strategy to unlock Pakistan’s digital potential and provide greater access to financial services to underserved consumer groups.

Visa 88

Visa Underserved Financial Inclusion Economy 88

The Fintech Times

FEBRUARY 7, 2024

The UK government has set over £100million aside for researching and developing Artificial Intelligence (AI) technology, and to support regulation in the space. The government has also pledged £10million to prepare and upskill regulators to address and make the most of the opportunities presented by AI.

Government 112

Government Governance AI Regulations 112

Fintech News

JANUARY 14, 2025

According to The State of Digital Retail Payments in Asia Pacific 2024 by Forrester , high-growth economies like Indonesia and Malaysia are leading the shift, with consumers increasingly favouring digital payments. The government expanded the digital payment market reach by implementing initiatives like the Hawkers Go Digital program.

APACS 111

APACS eWallet Online and Mobile Banking Credit Cards 111

Fintech Finance

MARCH 3, 2025

Future 100 is a national initiative led by the UAE Ministry of Economy and the Office of Government Development and the Future. Abdulla Bin Touq Al Marri, UAE Minister of Economy and Chairman of Investopia 2025; H.E. Ohood Bint Khalfan Al Roumi, Minister of State for Government Development and the Future.

Innovation 80

Innovation PCI DSS Economy Payment Gateways 80

Fintech News

MARCH 6, 2025

Industry leaders will drive discussions on the latest innovations shaping the digital economy. The event spans sectors from public services and smart cities to finance, retail, and manufacturing, fostering collaboration between tech companies, unicorn founders, AI startups, governments, and R&D experts.

FinTech 103

FinTech NFTs AI Blockchain 103

Fintech Finance

JANUARY 14, 2025

UPI has made formal financial services accessible to millions and has had a clear impact on Indias digital economy. The Platform has transformed the digital economy of India by making more seamless transactions and increasing financial inclusion. This positions it to compete effectively with global players like MasterCard and Visa.

AI 98

AI Economy Financial Inclusion Digital Payments 98

Fintech Finance

JANUARY 7, 2025

Meanwhile, government entities and businesses using noqodi will gain access to Checkout.coms extensive global network, empowering them with enhanced payment capabilities, including faster transaction processing and support for a wide range of payment methods across various sectors.

Payment Gateways 98

Payment Gateways Fraud Prevention Gateways Payments 98

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 98

Small Business Embedded Payments Reconciliation Real Time Payments 98

The Fintech Times

FEBRUARY 23, 2024

Wise is spearheading a campaign urging the government to abolish this opt-out and implement tighter regulations to eradicate hidden fees, thereby fostering a more competitive environment and facilitating SMB growth nationwide. . This needs to end now, and the Government can do so without costing the taxpayer a penny.

Government 103

Government Governance International Payments Small Business 103

The Fintech Times

NOVEMBER 9, 2024

In the last five years, Sri Lanka’s economy has struggled greatly. Furthermore, there were major tax cuts which further dampened much-needed government revenues. The post Sri Lanka On the Road to Recovery: Fintech’s Impact on the Economy appeared first on The Fintech Times.

Economy 96

Economy Online and Mobile Banking Central Bank Financial Inclusion 96

The Fintech Times

MARCH 18, 2025

Gabriel Swanepoel , country manager at Mastercard Southern Africa Gabriel Swanepoel , country manager at Mastercard Southern Africa, commented: “Our collaboration with Paymentology continues to evolve, driven by a shared vision of fostering an accessible digital economy.

Financial Inclusion 80

Financial Inclusion Visa Underserved Processors 80

Fintech News

JANUARY 26, 2025

Payment trends in Asia are changing how businesses and people transact from the digital-first economies of China and Singapore to the quickly changing markets of Indonesia and Vietnam. In Singapore, the government-backed API Exchange is promoting API standardisation.

Payments Trends 124

Payments Trends Payment APIs and Integration Embedded Finance Cross-Border 124

Fintech Finance

NOVEMBER 3, 2024

Their substantial investment will not only help create tech-savvy jobs but underscores their confidence in the UK economy. This government is laser-focused on supporting business growth and expansion. The UK’s open economy, mature consumer market, and world-class talent makes it the perfect place for the next phase of Affirm’s journey.

Consumer 98

Consumer Economy Regulatory Compliance Payment Networks 98

Fintech Finance

JANUARY 16, 2025

Payments are vital to the UK economy and the PSR has an important role in supporting a growing, competitive payments sector. This review reflects extensive engagement with stakeholders, trends in payments both at home and abroad, the Governments growth mission, and the impact of the National Payments Vision (NPV).

Innovation 96

Innovation Regulations Governance Government 96

Fintech Finance

MARCH 20, 2025

Khalil Alami, Founder and CEO of Telr, expressed his gratitude: We are honored by the Central Bank of the UAE’s trust and recognition,” Alami added , “This achievement cements our role as a pioneer in digital payments, fueling our drive for innovation and empowering businesses to thrive in an increasingly cashless economy.

Central Bank 59

Central Bank Retail Payments Payment APIs and Integration Payment Gateways 59

The Fintech Times

FEBRUARY 4, 2025

Designed to serve the needs of micro and small businesses (SMEs) and freelancers, Yuze offers financial solutions that look to support local businesses and fuel growth in Indias economy. “Indias vibrant entrepreneurial landscape and rapidly advancing digital economy make it an ideal market for Yuze, explained Rabih Sfeir , CEO of Yuze.

Micro-Entry 72

Micro-Entry Financial Inclusion Underserved Small Business 72

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

Fintech Review

NOVEMBER 27, 2024

Small and medium enterprises (SMEs) are the backbone of emerging economies. In many regions, they create jobs, drive innovation, and stimulate local economies. With digital banking, mobile payments, and microloans, fintechs allow underserved businesses to participate in the formal economy.

FinTech 105

FinTech Cross-Border Cross-Border Payments Online and Mobile Banking 105

The Fintech Times

FEBRUARY 4, 2025

Senegal is one of many countries across the Middle East and Africa trying to diversify its economy and future-proof itself by hosting financial inclusion by employing fintech solutions. Historically, Senegals economy has centred around agriculture, particularly peanuts. Mobile phone usage in Senegal has surpassed 60 per cent this year.

FinTech 59

FinTech Financial Inclusion Online and Mobile Banking Central Bank 59

The Fintech Times

JANUARY 21, 2025

Islam Shawky , co-founder and CEO of Paymob “There are a lot of initiatives in the UAE aiming to boost entrepreneurship and to boost the digital economy,” Shawky explained. Because in the UAE, a much later portion of the economy is digitised, we feel that we can far surpass this – and in less time.”

Economy 75

Economy Security Central Bank Settlement 75

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 132

Central Bank Legal Government Governance 132

The Fintech Times

JANUARY 30, 2025

In its first major report exploring the tangible impact the fintech industry is having on the countrys economy and business across Australia, FinTech Australia revealed that over half (56 per cent) of small businesses leverage a fintech provider for in-person transactions. It says that over 30 per cent of businesses reported growth of over 2.5

Small Business 59

Small Business FinTech Economy Research 59

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 Government 88

The Payments Association

MARCH 18, 2025

But these opportunities are accompanied by mounting risks around data governance, security, and regulatory fragmentation. In Brazil, open finance frameworks are unlocking credit access for gig economy workers and SMEs, groups often overlooked by conventional scoring models. Regional approaches are diverging. reached $1.1

Finance 88

Finance Payment APIs and Integration Non-Bank Embedded Finance 88