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How is Banking-as-a-Service Driving Financial Inclusion Across the Globe?

The Fintech Times

This April, The Fintech Times is focusing on all things embedded finance, the integration of financial services into non-financial products and services. As the space rapidly develops, we look to highlight the latest developments, initiatives and challenges embedded finance has to offer and overcome across the globe.

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NOW Money Partners with Mastercard to Empower Customers with Enhanced Financial Access

Fintech Finance

As part of this collaboration, NOW Money customers will be issued a Mastercard payment card, providing them with secure, seamless, and convenient access to their finances and enabling them to reap the benefits of the digital economy.

Visa 95
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Visa, GSMA Launch Digital Finance Inclusion Initiative for 20 Million People Globally

Fintech News

Visa is collaborating with the GSMA Mobile for Development Foundation to launch the Digital Finance for All (DFA) initiative. Together with the GSMA Foundation, we seek to empower those in underserved communities across the world and provide equal access to help build better financial futures for all.”

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Fintech in Emerging Markets: Opportunities and Challenges

Fintech Review

Similarly, in Southeast Asia, mobile money platforms like GCash in the Philippines are transforming the financial landscape. These platforms provide a lifeline for people in remote and underserved areas. Financial literacy also poses a challenge. This can lead to misuse and mistrust of digital financial services.

FinTech 105
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wagely Raises US$23M to Boost Earned Wage Access in Indonesia and Bangladesh

Fintech News

wagely, an Indonesian earned wage access (EWA) firm, has raised US$23 million in a funding round comprising both equity and debt financing. The platform offers a practical solution for workers in Indonesia and Bangladesh to manage their finances more effectively by allowing access to earned wages after each workday.

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Visa and the GSMA Mobile for Development Foundation Launch Digital Finance for All Initiative

Fintech Finance

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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Airtel Payments Bank Reports Growth in Women’s Account Openings in Maharashtra

Fintech Finance

This achievement highlights the program’s substantial impact on financial inclusion for women across the state. We are dedicated to enhancing financial literacy and access for women across Maharashtra. Before the launch of the scheme, the average quarterly number of accounts opened for women users stood over 51,000.