PYMNTS

FEBRUARY 2, 2021

That’s the thinking behind Mozper , a debit card and app focused on improving financial literacy in Latin America. As digital options grow in the region and kids’ spending habits move away from cash, Mozper has just closed a funding round in its quest to instill healthy financial habits. Focusing On Financial Inclusion .

Financial Literacy 62

Financial Literacy Financial Inclusion Debit Card Online and Mobile Banking 62

Fintech Finance

JULY 2, 2024

Today, Klarna , the AI-powered global payments network and shopping assistant, is calling for whoever wins the UK General Election to prioritise financial inclusion in the national curriculum, following survey results showing many UK young adults think mastering money terms is harder than learning to speak a new language.

Financial Literacy 98

Financial Literacy Financial Inclusion AI Payment Networks 98

Fintech Finance

JULY 9, 2024

This collaboration is a significant step towards our vision of total financial inclusion, ensuring our customers have the tools they need to participate fully in the digital economy, with a financially connected world supporting and empowering everyone.”

Visa 98

Visa Financial Inclusion Fraud Detection Financial Literacy 98

Fintech News

FEBRUARY 26, 2024

The fintech industry, having navigated through the turbulent waters of the COVID-19 pandemic, has demonstrated not only resilience but also a robust capacity for growth. Source: The Future of Global Fintech: Towards Resilient and Inclusive Growth. However, the fintech sector’s journey is not without its challenges.

FinTech 142

FinTech Consumer Financial Inclusion On-Demand 142

Fintech News

AUGUST 12, 2024

Despite facing funding challenges and navigating complex market conditions, the fintech sector in India continues to grow and evolve, with several emerging fintech trends in India poised to shape the future of the industry. Holistic inclusion, beyond financial inclusion Holistic inclusion is another key theme in the financial sector.

Embedded Finance 109

Embedded Finance FinTech Non-Bank Cross-Border 109

The Fintech Times

JULY 18, 2024

After successfully raising $14million in 2023, myZoi , a UAE-based fintech focused on financial inclusion and financial literacy for the underbanked, has launched its first inclusive digital wallet. myZoi seeks to support six out of 17 UN’s Sustainable Development Goals.”

Financial Literacy 59

Financial Literacy Financial Inclusion Funds Transfer Payroll 59

The Fintech Times

OCTOBER 2, 2024

Traditionally, wealth managers have provided professional financial services primarily to affluent clients, offering investment advice and financial planning. Fintech has democratised wealth management, making it available to a broader audience, including those with more modest incomes.

Financial Literacy 64

Financial Literacy FinTech Financial Inclusion Underserved 64

Fintech News

FEBRUARY 26, 2024

These include the provision of financial education resources via a mobile literacy toolkit, joint research efforts focused on financial inclusion, the digitisation of smallholder farmers and small enterprises to facilitate their use of digital financial services, and support for financial inclusion among refugees and their host communities.

Financial Inclusion 97

Financial Inclusion Finance Financial Literacy Underserved 97

Fintech News

APRIL 8, 2024

Money20/20, a prominent fintech show, will be holding its first Thai edition in Bangkok this year, coming to the Queen Sirikit National Convention Center from April 23 to 25, 2024 for a multiple event centered around the future of finance. Integration, a cornerstone of fintech advancement, will be spotlighted.

FinTech 112

FinTech Cross-Border APACS Participant 112

Fintech Finance

FEBRUARY 26, 2024

This five-year initiative aims to advance digital financial inclusion for 20 million individuals, including women, small holder farmers (SHF), and nano, micro and small enterprise (NMSE) owners across low- and middle-income countries in Africa, Asia and Latin America.

Financial Literacy 52

Financial Literacy Finance Financial Inclusion Economy 52

Fintech News

DECEMBER 17, 2023

Across Southeast Asia, Indonesia is rapidly emerging as a prominent fintech hub, a burgeoning industry that’s been growing on the back of economic growth, increased technology adoption and government support for fintech development. Indonesia’s billion-dollar fintech startups are worth a cumulative value of US$5.13

FinTech 52

FinTech Financial Literacy Financial Inclusion Online and Mobile Banking 52

Fintech News

OCTOBER 15, 2024

This marks the first time a Southeast Asian regional bank is rolling out a comprehensive programme featuring branded card designs, marketing activations, and financial literacy content inspired by Disney characters. The post OCBC First in Southeast Asia to Launch Disney-Branded Banking Experience appeared first on Fintech Singapore.

Financial Literacy 97

Financial Literacy Accounts Product Consumer 97

Fintech News

APRIL 4, 2024

SC Ventures, the innovation, fintech investment, and ventures arm of Standard Chartered, and NEXT176, the venture arm of the Pan-African group Old Mutual, have announced the launch of a new wealth management platform. The post SC Ventures and NEXT176-Backed Fintech Firms Set to Merge by Mid-2024 appeared first on Fintech Singapore.

FinTech 105

FinTech Financial Literacy AI Innovation 105

Fintech News

SEPTEMBER 3, 2024

Parents can monitor their child’s financial activities in real-time through a separate dashboard on their own OCBC Digital app, including tracking transactions, setting limits, and receiving notifications. In addition to providing a digital banking platform, OCBC MyOwn Account aims to foster early financial literacy.

Financial Literacy 115

Financial Literacy Accounts Freeze Account Debit Card 115

The Fintech Times

JULY 22, 2024

The move marks a significant milestone in Mercuryo’s drive to deploy digital token services to enhance financial inclusion across Indonesia and the Asia region. The post Mercuryo Launches Fiat-to-Crypto Services, Enabling Indonesians to Send and Receive Digital Tokens appeared first on The Fintech Times.

Financial Literacy 80

Financial Literacy Alternative Payment Methods Cross-Border Cryptocurrency 80

Finovate

JUNE 10, 2024

The development is a major feather in the cap of India’s fintech industry and another great example of how countries in Latin America are embracing fintech innovation to promote financial inclusion. This partnership makes Peru the first country in South America to adopt the technology.

Real Time Payments 83

Real Time Payments Technology Financial Inclusion Financial Literacy 83

Fintech Finance

DECEMBER 14, 2023

NymCard , a leading embedded finance services provider, today announced a strategic partnership with CWallet , an award-winning fintech startup with Payment Service Provider (PSP) licensed from the Qatar Central Bank. “These cards will help us further our goal of accessible financial services for all in Qatar.”

Payment Service Provider (PSP) 52

Payment Service Provider (PSP) Embedded Finance Financial Literacy Financial Inclusion 52

The Fintech Times

DECEMBER 21, 2023

We are committed to digital and financial inclusion, and we believe that this partnership will allow to implement digital ID-based payment infrastructure and services on a national level, thereby unlocking significant market potential.”

Government 105

Government Governance Financial Literacy Financial Inclusion 105

The Fintech Times

MARCH 14, 2024

A complex set of geographic and institutional barriers, including the fragmentation of Filipinos across over 7,000 islands, and low levels of financial literacy, are also hampering the use of financial services. Firstly, the regulatory environment in the Philippines is conducive to fintech innovation.

Online and Mobile Banking 115

Online and Mobile Banking Financial Inclusion Encryption Financial Literacy 115

PYMNTS

SEPTEMBER 15, 2017

The favored narrative about banks and FinTech startups is generally not a love story. Banks represent the old way of handling financial services – and in fairness, they carry a lot of responsibilities that deposit-taking institutions don’t necessarily have. Usually, it is more of an all-out war story. Creating the Right Conditions.

Financial Inclusion 79

Financial Inclusion FinTech Credit Cards Caps 79

Fintech Finance

JANUARY 9, 2024

Initiating programs for financial literacy and digital inclusion. The post Visa announces strategic collaboration with TECH5 to Advance Digital Government Ecosystems appeared first on Fintech Finance. Developing a roadmap to expand card acceptance for government disbursements and payment programs across all platforms.

Government 98

Government Governance Financial Literacy Cross-Border 98

Fintech News

JUNE 18, 2024

These companies, including Singapore’s top banks and fintech firms, are integral to the region’s economic fabric. Their international exposure, innovative approaches, and solid financial performances position them as leaders in the Southeast Asian market.

Financial Inclusion 102

Financial Inclusion Financial Literacy Cross-Border Economy 102

Fintech News

APRIL 3, 2024

The report, titled “Her Fintech Edge: Market Insights for Inclusive Growth”, explores the representation of women within fintech portfolios and the factors influencing, and examines the performance of women customers compared to overall portfolios, considering loyalty, customer lifetime value (CLV), and default rates.

Financial Inclusion 124

Financial Inclusion FinTech Financial Literacy Non-Bank 124

PYMNTS

DECEMBER 23, 2020

When you can start to map out what your financial picture looks like, that to us is the foundation of the financial literacy aspect of being able to begin to use these moments as teaching moments and talking moments for parents helping their kids about money,” MacDonald said. Rebuilding Accounts Around Families.

Financial Literacy 128

Financial Literacy FinTech Debit Card Credit Cards 128

The Fintech Times

JANUARY 2, 2024

per cent of venture capital deals were completed by female-driven fintechs: a harsh drop from 4.9 Vivi Friedgut, Founder and CEO of Blackbullion A former wealth manager, Friedgut is a regular public speaker, author and passionate advocate of fintech for good. She was also named in FinTech Magazine ’s Top 100 Women.

Financial Inclusion 69

Financial Inclusion FinTech Due Diligence Financial Literacy 69

The Fintech Times

MARCH 5, 2024

How did you get into the fintech industry? What’s the best thing about working in the fintech industry? Now, there are a few reasons why fintech is relevant at this time. Governments and regulatory bodies are actively supporting initiatives aimed at increasing financial inclusion.

Financial Literacy 64

Financial Literacy Financial Inclusion Underserved FinTech 64

The Fintech Times

MAY 21, 2024

By leveraging modern technology, alternative data, and advanced analytics, we can build an equitable finance ecosystem where everyone can access the financial services they need to thrive. The industry must come together to prioritise financial inclusion.” Despite this, identity fraud cost consumers $42.9billion last year.

Verification 59

Verification Identity Theft Legal Financial Literacy 59

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.

Bitcoin 72

Bitcoin Blockchain Financial Inclusion Underserved 72

The Fintech Times

DECEMBER 9, 2023

It’s a time of reflection and anticipation at The Fintech Times throughout December, as we look back at developments and trends over the last 12 months and forward to the year ahead. The Financial Conduct Authority’ s (FCA’s) new rules mean that firms selling financial products now have to meet much higher standards.

Consumer 111

Consumer Financial Literacy Regulations AI 111

Fintech Finance

MARCH 6, 2024

While the world still has a long way to go to achieve gender parity in financial inclusion and literacy, our data highlights that in the U.K., The post Marqeta Research finds British Women Adopting Next Generation of Financial Services More Quickly than Men appeared first on Fintech Finance.

Research 59

Research BNPL Embedded Finance Embedded Payments 59

FICO

AUGUST 18, 2022

A UNCDF financial health white paper defines a financially healthy person as someone who “can meet current needs, absorb financial shocks, and pursue financial goals.” However, research indicates that the majority of people are not financially healthy. Can Financial Wellness Be Profitable for Banks?

Financial Inclusion 52

Financial Inclusion Financial Literacy Small Business Economy 52

The Fintech Times

JULY 28, 2024

Now encapsulating a focus on societal impact and the environment, the term ‘fintech for good’ has evolved from its initial meaning of charity. This July, we are on the hunt to find out how the fintech industry is doing ‘good’ for local communities and the world, revealing current and future plans to make change.

FinTech 92

FinTech Financial Inclusion Online and Mobile Banking Financial Literacy 92

PYMNTS

JUNE 29, 2020

But Li said that what sets Zogo apart is its realization that learning to be financially literate isn’t as immediately appealing as, say, learning to speak French. He said that while financial literacy will net one a lot of money over a lifetime in terms of dollars saved and optimized, that’s not a benefit that people feel immediately.

Financial Literacy 105

Financial Literacy Push-to-Card Credit Union FinTech 105

Fintech Labs Insights

MARCH 20, 2017

by Lisa Moyle, Brand Strategy Director, Fintech Futures. First published on FinTech Futures. There was an interesting discussion at the recent Finance Disrupted event in London, organised by The Economist, that highlighted the opportunity for regtech to support financial inclusion.

Regulatory Compliance 18

Regulatory Compliance Financial Inclusion Financial Literacy Non-Bank 18

PYMNTS

OCTOBER 21, 2020

The mobile phone allows workers to manage their funds in a digital platform, set up online bill pay, and access resources to improve their financial literacy. The debit card, meanwhile, quickly connects professionals to their earned wages without having to open a bank account or go to a check cashing service or risk losing a check.

Payroll 56

Payroll Debit Card Online and Mobile Banking Checks 56

PYMNTS

JANUARY 3, 2020

The first in to apply for a full digital banking license before 2019 had flipped to 2020 was a partner play by Singapore FinTech and ridesharing firm Grab and the nation’s largest telecom provider, Singtel. Razer Fintech will own about 60 percent stake in the group, while five partners will hold the remaining 40 percent.

Online and Mobile Banking 52

Online and Mobile Banking Underserved Financial Literacy Authorization 52

The Fintech Times

MAY 7, 2024

As of April 2023, there were 1,000 active fintechs in Latin America (LatAm) with a vast majority focusing on financial inclusion, tackling the issue of 70 per cent of the population not having access to formal financial services. Peruvian financial habits are vastly changing from what they have traditionally been.

Digital Payments 64

Digital Payments Online and Mobile Banking Financial Inclusion Payments 64