The Fintech Times

SEPTEMBER 22, 2024

Cambodia is leveraging fintech innovations and strategic reforms to boost economic growth, financial inclusion and international partnerships, positioning itself as a key player in the Southeast Asian digital economy. Despite these advancements, about 30 per cent of the adult population remains underserved in financial services.

Financial Inclusion 68

Financial Inclusion FinTech Central Bank Online and Mobile Banking 68

The Fintech Times

JUNE 11, 2024

Fintech Galaxy , the UAE-based open banking and financial innovation company, is joining forces with Yabx , a leader in alternate data-based lending and loan portfolio management for underserved segments of the population, to enhance SME lending.

Financial Inclusion 84

Financial Inclusion FinTech Assessments Underserved 84

The Fintech Times

SEPTEMBER 2, 2024

Ant International , the digital payment and fintech company, has joined forces with Dock , a payments and banking technology provider in Latin America, to offer new AI-driven credit technology solutions in Brazil. “Ant International is the partner we were looking for to materialise our financial inclusion goals.

Financial Inclusion 71

Financial Inclusion AI Underserved Underwriting 71

The Fintech Times

MAY 9, 2024

Paymentology , the global issuer-processor, has joined forces with Diamond Trust Bank , a tier-one East African commercial bank, in a move hoping to help drive financial inclusion in Kenya through the embedding of financial services, and deployment of Cards-as-a-Service (CaaS).

Financial Inclusion 103

Financial Inclusion Embedded Finance Payment APIs and Integration Non-Bank 103

The Fintech Times

JUNE 23, 2024

Pyypl, a fintech in the Middle East and Africa (MEA) region, has unveiled a major partnership with Visa , enabling it to issue virtual and physical prepaid Visa cards. With the support of local regulators, Pyypl can also provide access to prepaid Visa cards in other markets, fast-tracking financial inclusion across the MEA region.

Financial Inclusion 58

Financial Inclusion Security Underserved Regulations 58

The Fintech Times

SEPTEMBER 19, 2024

The Thai banking sector could have a new key player in the first half of 2025 as Lighthub Asset , a Thai fintech and WeLab , a pan-Asian fintech platform submit an application for a virtual banking licence with the Bank of Thailand. Lighthub Asset and WeLab’s venture (the consortium) will improve financial inclusion in Thailand.

Financial Inclusion 58

Financial Inclusion Underserved Interoperability Multi-Currency 58

Fintech Finance

JUNE 7, 2024

Faster Payments Council (FPC) , a membership organization devoted to advancing safe, easy-to-use faster payments in the United States, has announced the publication of its latest industry resource, the Faster Payments and Financial Inclusion survey report.

Financial Inclusion 64

Financial Inclusion Faster Payments FPC Cross-Border Payments 64

The Fintech Times

OCTOBER 3, 2024

While culturally impressive, from a financial standpoint, the country still has a way to go. We take a deep dive into its current financial ecosystem and fintech’s impact on it. To make sure more people have access to these services, the government of Papua New Guinea has been putting a focus on financial inclusion.

Financial Inclusion 52

Financial Inclusion Financial Literacy Governance Government 52

Fintech Finance

JULY 30, 2024

Mastercard hosted the second annual Mastercard Ghana Fintech Forum in Accra, bringing together key stakeholders and thought leaders in the fintech industry to discuss critical developments and foster collaboration. The event highlighted the progress and innovation within Ghana’s fintech sector.

Contactless Payments 89

Contactless Payments Cybersecurity Visa FinTech 89

Fintech Finance

NOVEMBER 26, 2024

This strategic expansion aims to boost financial inclusion by providing efficient, affordable cross-border payment solutions to one of the world’s fastest-growing economic regions. High remittance fees have historically hindered financial inclusion in the region. to send USD 200.

Cross-Border Payments 92

Cross-Border Payments Cross-Border Financial Inclusion Underserved 92

The Fintech Times

OCTOBER 30, 2024

While this represents a significant step forward, should financial inclusivity have moved further ahead by now? “With over 20 million underserved adults in the UK, it’s time to rethink access barriers. “Improving inclusivity means rethinking outdated regulations— particularly in the consumer credit market. .

Financial Inclusion 58

Financial Inclusion Embedded Finance Non-Bank Consumer 58

The Fintech Times

DECEMBER 26, 2023

This underserved group encompasses those with minimal or no credit history, small businesses, and emerging demographics, including the youth and female populations. In Kenya, banking apps have driven a significant increase in financial inclusion from 26 per cent in 2006 to 83 per cent in 2021.

Financial Inclusion 58

Financial Inclusion Underserved Small Business Finance 58

The Fintech Times

AUGUST 20, 2024

Insurtech Igloo is joining forces with TrueMoney , a Thailand-based e-payment and financial service provider, to make essential insurance products available via the TrueMoney application, enhancing accessibility, affordability and convenience for users.

Underserved 58

Underserved Product Financial Inclusion FinTech 58

The Fintech Times

JANUARY 31, 2024

Lloyds Banking Group is shutting down its mobile van banking service this year and closing 123 branches, sparking concern over reduced access to essential financial services, particularly in rural and underserved areas. Having a financial inclusion mission means staying the course and keeping the tools for economic mobility in play.

Financial Inclusion 68

Financial Inclusion Bank Closure Online and Mobile Banking Underserved 68

The Fintech Times

NOVEMBER 26, 2024

The American Fintech Council , the industry association representing fintechs and banks, is urging the Federal Deposit Insurance Corporation (FDIC) to withdraw its proposed rulemaking on brokered deposits. Moloney , SVP and head of policy and regulatory affairs at AFC.

FDIC 63

FDIC Rules FinTech Underserved 63

Fintech Review

NOVEMBER 12, 2024

In the past decade, the financial services sector has witnessed an exciting shift. Fintech companies and traditional banks are increasingly working together. Historically seen as competitors, fintechs and banks now find common ground to enhance services and reach broader audiences. Why Are Banks and Fintechs Collaborating?

FinTech 105

FinTech Financial Inclusion Regulatory Compliance Compliance 105

The Fintech Times

APRIL 22, 2024

Codebase Technologies , a UAE-based fintech platform provider, has launched its ‘Digibanc SME Financing’ platform to address the needs of underserved Micro, small, and medium-sized enterprises (MSMEs) across MENA and APAC.

Underserved 68

Underserved Finance Technology APACS 68

PYMNTS

DECEMBER 1, 2019

The goal is to improve Nigeria’s financial inclusion rate by 20 percent, bringing it to 80 percent by the end of 2020. Nigerians in underserved locations will have access to cost-effective payment services, cash-in and cash-out facilities, and savings products.”.

Financial Inclusion 101

Financial Inclusion Central Bank FinTech Mobile Banking 101

Finovate

MARCH 26, 2024

Over the past few weeks, Greg Palmer and the Finovate Podcast have hosted some of the most interesting innovators in fintech. The two discuss the role of AI in fintech and financial services, and the future of face to “face” interactions. eSelf won Best of Show in its Finovate debut at FinovateFall 2023. Episode 208.

Real Time Payments 58

Real Time Payments Fraud Prevention Financial Inclusion AI 58

Fintech Finance

MAY 16, 2024

These initiatives are set to significantly enhance digital and financial inclusion across the country, particularly Ethiopia’s smallholder farmers. The deployment of Mastercard’s Community Pass technology represents a transformative step for digital inclusion in rural and underserved areas.

Financial Inclusion 52

Financial Inclusion Visa Innovation Online and Mobile Banking 52

The Fintech Times

MARCH 26, 2024

This March, The Fintech Times is shifting its spotlight towards insurtech, exploring the potential impact of blockchain technology on insurance processes and its role in instilling trust in digital transactions. “Insurance policies and products can often be complex, high-touch, and very time consuming. .

Underserved 114

Underserved FinTech Financial Inclusion Risk 114

Fintech Review

NOVEMBER 27, 2024

Yet, they often face financial challenges, struggling to access credit, manage cash flow, and navigate complex financial systems. Fintech solutions are changing this landscape, offering SMEs tailored tools to overcome these barriers. Fintech companies see this gap as an opportunity to innovate.

FinTech 103

FinTech Cross-Border Cross-Border Payments Online and Mobile Banking 103

The Payments Association

SEPTEMBER 26, 2024

Despite what the media and some fintech evangelists may say about a ‘cashless society,’ physical money seems to be here to stay for the foreseeable future. Digital payments have dominated the fintech conversation for years. However, other FinTech players were more open to physical cash being a valid target for FinTech.

FinTech 88

FinTech Financial Inclusion Alternative Payment Methods Cash Management 88

Fintech Review

JULY 24, 2024

In emerging markets, fintech is profoundly transforming financial services. These markets, often characterised by underdeveloped financial infrastructure , benefit significantly from fintech innovations. This article delves into how fintech is reshaping financial services in these regions.

FinTech 105

FinTech Online and Mobile Banking Financial Literacy Financial Inclusion 105

Fintech Finance

JUNE 24, 2024

Pyypl (pronounced “People”) – a pioneering fintech company in the Middle East and Africa (MEA) – announces Visa Principal Licence Membership and strategic framework agreement. ” Pyypl is one of the fastest growing fintechs in MEA, with an industry-leading management team with unrivalled experience in the region.

Financial Inclusion 90

Financial Inclusion Underserved Agreements Regulations 90

The Fintech Times

NOVEMBER 26, 2024

Cross-border payment hub, Tranglo , has expanded its footprint in Africa, now supporting payouts in Ethiopia, Kenya, Liberia, Madagascar, Mali, Senegal, and Zambia as it continues to aim to boost financial inclusion by providing efficient, affordable cross-border payment solutions to the region. per cent in 2024.

Cross-Border Payments 74

Cross-Border Payments Cross-Border Payment APIs and Integration Financial Inclusion 74

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 141

FinTech Consumer Financial Inclusion On-Demand 141

Center for Payments

OCTOBER 20, 2023

When recognizing Cybersecurity Month in October, it is important to consider the connection between cybersecurity, cutting-edge technology, and financial inclusion. Executives of financial institutions should have a good understanding of the importance of financial inclusion and the impact technology has on it is essential.

Financial Inclusion 40

Financial Inclusion Cybersecurity Innovation Online and Mobile Banking 40

Fintech News

OCTOBER 28, 2024

The Singapore Fintech Festival (SFF) has announced the finalists for its 2024 Fintech Excellence Awards, organised in partnership with the Singapore Fintech Association (SFA) and supported by PwC Singapore. A new category was introduced to recognise progress in artificial intelligence and quantum technology.

AI 100

AI FinTech Innovation Payment APIs and Integration 100

Fintech News

OCTOBER 8, 2024

Fintech firm Surfin has raised US$12.5 Surfin began with consumer lending and has since expanded into various financial services, including payments, remittance, credit card issuance, and wealth management. Featured image credit: Edited from Freepik The post Bootstrapped Fintech Surfin Lands US$12.5M

FinTech 113

FinTech Credit Cards Risk Management Payment Gateways 113

Fintech News

DECEMBER 1, 2024

Despite their crucial role in economic growth and job creation, nearly half of all MSMEs in Asia and the Pacific are either unserved or underserved by financial institutions. Trillion MSME Financing Gap in Asia appeared first on Fintech Singapore. said ADB’s Vice-President for Market Solutions Bhargav Dasgupta.

Visa 73

Visa Finance Financial Inclusion Underserved 73

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

Fintech News

SEPTEMBER 30, 2024

Niklas Wiberg expressed support for Vilja’s initiative and highlighting the importance of promoting innovation that drives economic growth and financial inclusion. His remarks underscored the significance of international collaboration in advancing the region’s financial landscape. This article first appeared on fintechnews.my

FinTech 104

FinTech APACS Economy Financial Inclusion 104

Fintech Finance

JULY 9, 2024

This move aligns with NOW Money’s mission to offer inclusive financial solutions to underserved communities and improve the financial well-being of its users across the GCC. Convenient Digital Payments: Integration of the Mastercard with the NOW Money app allows for seamless financial management.

Visa 95

Visa Financial Inclusion Fraud Detection Financial Literacy 95

Fintech Finance

NOVEMBER 15, 2024

The collaboration will create a safe, inclusive financial ecosystem that bridges markets, enabling swift reliable payments across borders and offers financial empowerment tools to millions of Africans and businesses.

Cross-Border Payments 94

Cross-Border Payments Cross-Border Financial Inclusion Underserved 94

Fintech News

OCTOBER 28, 2024

Existing investors in Finfra include Hustle Fund, Firstpick, DS/X Ventures, Seedstars, Fintech Nation Fund, BADideas Fund, and Gold Dragon Ventures. Finfra reported that it has facilitated over US$65 million in credit for underserved Indonesian businesses since its establishment in 2022.

Financial Inclusion 115

Financial Inclusion Underserved Facilitators FinTech 115

The Fintech Times

APRIL 10, 2024

Ultimately, Kueski’s mission is to facilitate the financial lives of Mexicans, and this latest innovation represents a significant step toward financial inclusion for all. The post Kueski Launches In-Store Mobile Payments to Support Underserved Banking Customers in Mexico appeared first on The Fintech Times.

Underserved 63

Underserved Mobile Payments BNPL Online and Mobile Banking 63