The Fintech Times

JULY 13, 2024

Asia, a region known for its economic diversity, ranging from wealthy nations like Singapore, Japan, and South Korea to emerging powerhouses like China and India, has demonstrated notable unity in embracing financial inclusion. The post Financial Inclusion and the Rise of QR Payments in Asia appeared first on The Fintech Times.

Financial Inclusion 58

Financial Inclusion Cross-Border Payments Cross-Border Payments 58

The Fintech Times

APRIL 29, 2024

We hear from industry experts on how embedded finance ensures the checkout experience is financially inclusive. “Taking this a step further would be customising financial offerings to meet the unique requirements of various sectors. “Promoting financial literacy and transparency is crucial.

Embedded Finance 63

Embedded Finance Financial Inclusion Finance Alternative Payment Methods 63

Fintech Finance

NOVEMBER 12, 2024

Louise is a pioneer in the card and payments sector, having co-founded global fintech company GoHenry, the prepaid debit card and financial education app with a simple mission to make every kid smart with money.

Debit Card 98

Debit Card Financial Literacy Non-Bank Financial Inclusion 98

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

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 Consumer 105

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 Finance

OCTOBER 29, 2024

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. Among these, 3.57 lakh accounts are linked to the Direct Benefit Transfer (DBT) system, with 2.75

Accounts 95

Accounts Financial Literacy Correspondent Enrollments 95

The Fintech Times

OCTOBER 23, 2024

Grappling with digital and financial inclusion According to the United Nations Capital Development Fund (UNCDF), only one in five (20 per cent) of Timorese adults claim ownership of a current account, while only one in ten possess any kind of payment card. In fact, some key work has already begun.

Financial Inclusion 100

Financial Inclusion FinTech Credit Union Financial Literacy 100

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 58

Financial Literacy Financial Inclusion Funds Transfer Payroll 58

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 80

Financial Inclusion Finance Financial Literacy Underserved 80

The Fintech Times

NOVEMBER 16, 2024

Despite these advancements, challenges such as financial inclusion remain. The non-banking financial sector, particularly the microfinance sector, remains underdeveloped, having been significantly impacted by the currency devaluations of 2015. per cent holding a credit card. per cent in 2021.

FinTech 68

FinTech Central Bank Financial Literacy Online and Mobile Banking 68

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

NOVEMBER 13, 2024

Furthermore, Visa expanded its partnership with Pharrell Williams to support his philanthropic ventures, Black Ambition and YELLOW, providing financial literacy resources to YELLOW students. said Jonathan Kolozsvary, Global Head of Small Business at Visa.

Small Business 106

Small Business Financial Literacy Debit Card Real Time Payments 106

Fintech Review

JULY 24, 2024

This has significantly increased financial inclusion, empowering millions who previously had no access to banking services. In Ghana, MTN Mobile Money has become a vital financial tool. Financial literacy also poses a challenge. This can lead to misuse and mistrust of digital financial services.

FinTech 105

FinTech Online and Mobile Banking Financial Literacy Financial Inclusion 105

Fintech News

NOVEMBER 3, 2024

To further support MSMEs, ANEXT Bank and Schroders will collaborate on initiatives to promote financial literacy and make investing more accessible. The companies also plan to explore innovative solutions like asset tokenization and sustainable investment options.

Financial Literacy 99

Financial Literacy Financial Inclusion Small Business Addressing 99

The Fintech Times

OCTOBER 2, 2024

Financial literacy However, a significant challenge persists – financial literacy, particularly regarding concepts like savings. Addressing this challenge is crucial for promoting financial inclusion and stability across the region.

Financial Literacy 63

Financial Literacy FinTech Financial Inclusion Underserved 63

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 88

Financial Literacy Accounts Product Consumer 88

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.

Accounts 107

Accounts Financial Literacy Freeze Account Debit Card 107

The Fintech Times

NOVEMBER 9, 2024

Back in 2012, Sri Lanka had the highest financial inclusion rate in South Asia with two-thirds of its population having access to formal financial accounts. The post Sri Lanka On the Road to Recovery: Fintech’s Impact on the Economy appeared first on The Fintech Times.

Economy 84

Economy Online and Mobile Banking Central Bank Financial Inclusion 84

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 79

Financial Literacy Alternative Payment Methods Cross-Border Cryptocurrency 79

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. Photo by Lukas The post Peru Pursues Real-Time Payments via India’s UPI Technology appeared first on Finovate.

Real Time Payments 83

Real Time Payments Technology Financial Inclusion Financial Literacy 83

The Fintech Times

NOVEMBER 7, 2024

However, in a post-Covid world, the country has been recovering, and, by the end of this year, expects to welcome around two million tourists. Borrowing and access to credit is also expensive in the Maldives, while financial literacy is low there, particularly in rural areas. appeared first on The Fintech Times.

FinTech 58

FinTech PayPal Financial Inclusion Financial Literacy 58

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.”

Governance 105

Governance Government Financial Literacy Financial Inclusion 105

Fintech Finance

DECEMBER 14, 2023

. “This collaboration will allow us to deploy our proven prepaid card issuance capabilities to support CWallet’s mission to promote financial inclusion.” “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

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. ” The post What More Could Your Fintech be Doing to Bridge the Financial Accessibility Gap?

FinTech 92

FinTech Financial Inclusion Online and Mobile Banking Financial Literacy 92

The Fintech Times

OCTOBER 25, 2024

Accelerating financial inclusion Though demonetisation was abrupt, it accelerated digitalisation in India, with a significant impact on financial inclusion. The post India’s Rise in Fintech: How Digital Payment Infrastructure is Shaping Economic Growth appeared first on The Fintech Times.

Digital Payments 58

Digital Payments FinTech Online and Mobile Banking Financial Inclusion 58

Fintech News

NOVEMBER 12, 2024

Revolut also aims to boost financial literacy among students. By providing easy access for the youths to obtain their debit cards through the vending machines at NUS and providing great cashback when they shop and pay, we help to support this next generation to take control of their financial future.”

Debit Card 84

Debit Card Alternative Payment Methods Financial Literacy Underserved 84

Fintech News

OCTOBER 28, 2024

The 18 finalists have been selected based on solutions to challenges in credit access, financial literacy, cross-border payments, and personalized protection, among other areas. KaiOS empowers individuals and communities with accessible education, turning financial wellness into a sustainable reality.

FinTech 109

FinTech Financial Literacy Cross-Border Distributed Ledger Technology (DLT) 109

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.

Governance 98

Governance Government Financial Literacy Cross-Border 98

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. However, the post-pandemic landscape presents new challenges in maintaining growth momentum, with fintechs exploring innovative customer acquisition strategies.

FinTech 136

FinTech Consumer Financial Inclusion On-Demand 136

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. Not so many years ago, Filipinos had to visit bank branches or ATMs to transfer money and manage their accounts.

Online and Mobile Banking 114

Online and Mobile Banking Financial Inclusion Encryption Financial Literacy 114

Fintech News

DECEMBER 17, 2023

Founded in 2018, Ajaib is an online wealth management solution that allows users to buy and sell financial products including stocks, exchange traded funds (ETFs), and mutual funds. The platform targets first-time millennial investors in Indonesia, with the goal of increasing financial inclusion.

FinTech 52

FinTech Financial Literacy Financial Inclusion Online and Mobile Banking 52

FICO

MAY 19, 2023

At Prosper, financial inclusion is at the heart of our business and by utilizing FICO’s reliable and predictive scores as an input to our models, we are able to identify and offer access to affordable financial solutions to improve consumers’ financial health as they move across the credit spectrum.”

Financial Inclusion 52

Financial Inclusion Credit Limit Financial Literacy Credit Risk 52

Fintech News

AUGUST 12, 2024

Holistic inclusion, beyond financial inclusion Holistic inclusion is another key theme in the financial sector. Holistic inclusion goes beyond financial inclusion, focusing on participation from women, persons with disabilities, and providing opportunities across the rural and urban demographics.

Embedded Finance 105

Embedded Finance FinTech Non-Bank Cross-Border 105

Fintech News

APRIL 4, 2024

This initiative is expected to have a major impact on future generations by improving financial literacy and access to wealth management tools. The post SC Ventures and NEXT176-Backed Fintech Firms Set to Merge by Mid-2024 appeared first on Fintech Singapore. It targets a significant portion of the estimated US$2.4

FinTech 99

FinTech Financial Literacy AI Innovation 99

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 58

Verification Identity Theft Legal Financial Literacy 58

Fintech News

JUNE 18, 2024

UOB also promotes financial literacy and inclusion through its UOB Heartbeat programme, which focuses on financial education, skills training, and entrepreneurship support to aid economic and social development in the region. These services promote financial inclusion and support economic growth in the region.

Financial Inclusion 97

Financial Inclusion Financial Literacy Cross-Border Economy 97