The Fintech Times

JUNE 6, 2024

The platform now invites further international participation and private sector proposals for value-added solutions. The Saudi Central Bank (SAMA) has recently joined as a full participant, with over 26 other central banks observing. In 2022, a pilot involving real-value transactions demonstrated the platform’s capabilities.

Participant 45

Participant Distributed Ledger Technology (DLT) Cross-Border Payments Cross-Border 45

PYMNTS

JANUARY 22, 2021

This is financial exclusion on a global scale, and as we emerge into 2021, I believe the private sector and governments everywhere must work more closely to improve financial inclusion and reduce the world’s unbanked population. Yet, as the developed world progresses further into cashless living, for the 1.7

Financial Inclusion 73

Financial Inclusion Economy Agreements Small Business 73

The Fintech Times

DECEMBER 21, 2023

billion people lack access to financial services. “We do have really significant opportunities for digital financial inclusion and for driving cashless across the continent,” explained Williams. ” The prospect for innovation in financial technology to uplift Africa’s digital economy is clearly substantial. .”

Innovation 110

Innovation FinTech Financial Inclusion Economy 110

Fintech Review

JULY 10, 2024

Gaining Traction: Empowering the Unbanked In regions with significant unbanked populations, Decentralised Finance (DeFi) platforms are offering accessible financial services through the innovative use of blockchain technology.

Finance 97

Finance Financial Inclusion Underserved Blockchain 97

Finovate

SEPTEMBER 20, 2024

What does the financial services ecosystem look like in Uzbekistan? What is the level of interest in fintech innovation there? Hughes: The financial services sector is still largely dominated by major state banks, which command around 70% of the market. Are any of these major areas of innovation in Uzbekistan’s fintech scene?

Innovation 122

Innovation FinTech Online and Mobile Banking On-Demand 122

The Fintech Times

SEPTEMBER 8, 2024

This second release of the framework standardises how participants can offer PIS reliably and securely. SAMA’s open banking programme is an initiative under the ‘National Fintech Strategy’, one of the pillars of the Financial Sector Development Programme (FSDP) under Saudi Vision 2030.

Innovation 59

Innovation Best Practices Financial Inclusion Central Bank 59

Fintech Finance

JULY 9, 2024

Nicolas Andine, CEO of NOW Money, expressed his enthusiasm about the partnership: “We are thrilled to partner with Mastercard, a global pioneer in payments innovation. Convenient Digital Payments: Integration of the Mastercard with the NOW Money app allows for seamless financial management.

Visa 98

Visa Financial Inclusion Fraud Detection Financial Literacy 98

The Fintech Times

SEPTEMBER 23, 2024

Sameh Elmallah , CEO of Damen, commented: “Damen’s partnership with BKN301 Group underscores our shared vision and commitment to driving innovation and financial inclusion in the MENA region. ” BKN301 and Dame also emphasise the importance of enhancing cybersecurity, open banking APIs, and the role of Web 3.0

Payment APIs and Integration 59

Payment APIs and Integration Financial Inclusion Web 3.0 Embedded Finance 59

Fintech Finance

SEPTEMBER 12, 2024

It further solidifies our ambition to expand our client portfolio, encompassing diverse financial institutions across the region,” comments Dr Reda Helal, Managing Director & Co-Head of Processing – Africa, Network International. Innovating for financial inclusion Zambia has taken great strides in narrowing its gap in financial inclusion.

Product 98

Product Financial Inclusion Debit Card Digital Payments 98

Fintech Finance

AUGUST 27, 2024

The platform will be built on the global ISO 20022 standard and will offer additional features such as Request to Pay and Alias management, providing participants with opportunities for new payments and revenue streams. According to ACI’s latest Prime Time for Real-Time report, 3.8

Instant Payments 97

Instant Payments Real Time Payments ISO 20022 Financial Inclusion 97

The Fintech Times

DECEMBER 6, 2023

“Our collaboration with MDP will equip businesses with innovative payment solutions that allow them to participate in digital commerce and drive financial inclusion,” said Gaurang Shah, executive VP, product and engineering, Eastern Europe, Middle East and Africa, Mastercard.

Visa 64

Visa Payment Solutions Innovation Non-Bank 64

Fintech Finance

JULY 8, 2024

PayerMax participated in the Regional Headquarters Program (RHQ) established by the Ministry of Investment and obtained a RHQ licence this month. PayerMax’s commitment to the KSA and the broader region is a testament to its dedication to supporting economic and technological development through innovative financial solutions.

Financial Inclusion 98

Financial Inclusion Cross-Border Participant Digital Payments 98

PYMNTS

JANUARY 14, 2021

The Saudi Arabian Monetary Authority (SAMA) is introducing an open banking policy to advance digital innovation in the financial services sector. Through the initiatives in the policy, the goal is to foster the advancement of digital technologies and create new financial services and products.

Innovation 90

Innovation Financial Inclusion Central Bank Participant 90

Fintech News

MARCH 3, 2024

Platformification, modernisation, banking transformation, financial inclusion, digital innovation, composable journeys, and omnichannel experiences—these are not just objectives and aspirations, but the very fabric of the banking industry’s evolution. Success stories and insights from ENGAGE Asia can be accessed here.

Financial Inclusion 109

Financial Inclusion Participant Innovation Consulting 109

Fintech Finance

AUGUST 20, 2024

Maya Morsy, Minister of Social Solidarity, expressed deep pride in the launch of the Touch Card, a key initiative aimed at advancing financial inclusion for visually impaired individuals, in alignment with national directives. million people with disabilities through the “Karama” program, and the issuance of 1.3

Visa 52

Visa Financial Inclusion ATM Economy 52

PYMNTS

MARCH 1, 2017

One of them is that too many people in the world are denied access to banking and financial services of any kind. That this lack of financial inclusion excludes them from participating in most of the payments and commerce activities that most of those reading this take for granted. The second?

Financial Inclusion 60

Financial Inclusion Visa Interoperability Economy 60

The Fintech Times

OCTOBER 7, 2024

Widening financial inclusion Jairo Riveros, group head of strategy and MD of the Americas at Paysend “Paysend and Mastercard are doing something never done before,” says Jairo Riveros , group head of strategy and MD of the Americas at Paysend.

Financial Inclusion 52

Financial Inclusion Visa Processors FinTech 52

Fintech News

FEBRUARY 14, 2024

Additionally, the bank plans to innovate new products targeting this vital economic segment, with a keen emphasis on enterprises owned or led by women. IFC has been a great partner in promoting financial inclusion, differentiating Thai Credit from other market participants,” said Roy Agustinus Gunara, Managing Director of Thai Credit.

Financial Inclusion 109

Financial Inclusion Non-Bank Underserved Finance 109

Fintech News

APRIL 8, 2024

The show will bring together over 3,000 senior decision-makers and 200+ speakers, sponsors, and exhibitors, and address key industry themes such as financial inclusion, sustainability, cybersecurity, and regulatory frameworks. These themes will be celebrated through four stages featuring speakers from 15 APAC countries.

FinTech 112

FinTech Cross-Border APACS Participant 112

Fintech Finance

OCTOBER 4, 2024

chapter of the EBANX Payments Summit , an annual event that brings together industry leaders to discuss trends and innovations in the digital economy and payments. “Of the rising markets shaping the future of consumption, Africa is often overlooked. These figures were presented this week during the Napa Valley (U.S.)

Consumer 98

Consumer Credit Cards Online and Mobile Banking Instant Payments 98

Fintech News

MARCH 5, 2024

This year’s conference promises a wealth of knowledge with over 50 hours of discussions, interactive sessions, and real-world case studies focused on Asian fintech innovation and growth. 3 Programmable Money: Advancing Financial Inclusion or Creating Walled Gardens, Powered by J.P.

Embedded Finance 105

Embedded Finance APACS Financial Inclusion CBDC 105

The Fintech Times

APRIL 25, 2024

Wong explored Malaysia’s fintech journey in the capital markets and outlined its commitment to fostering innovation while prioritising investor protection. She further showed how fintech is driving financial inclusion and explored trends in fundraising, investing, Islamic fintech as well as digital assets.

Financial Inclusion 59

Financial Inclusion Cross-Border Settlement APACS Settlement 59

Fintech Finance

MAY 9, 2024

A leading multinational bank, Access Bank Group , has today launched an innovative solution in collaboration with Mastercard to expand access to cross-border payments and remittances to and from the continent, bringing Africa closer to the global economy.

Cross-Border Payments 98

Cross-Border Payments Cross-Border Visa Financial Inclusion 98

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. In 2015, the number of adults with at least one financial product was approximately 35%.

Real Time Payments 83

Real Time Payments Technology Financial Inclusion Financial Literacy 83

Clearly Payments

MARCH 11, 2024

Canada, known for its somewhat progressive stance towards financial innovation, has been aware and monitoring this transformative technology. These regulations aim to mitigate the risks of illicit activities associated with cryptocurrencies while fostering innovation and protecting consumers.

Cryptocurrency 83

Cryptocurrency Financial Inclusion Consumer Protection Payments 83

Fintech News

MARCH 5, 2024

This year’s conference promises a wealth of knowledge with over 50 hours of discussions, interactive sessions, and real-world case studies focused on Asian fintech innovation and growth. 3 Programmable Money: Advancing Financial Inclusion or Creating Walled Gardens, Powered by J.P.

Embedded Finance 98

Embedded Finance APACS Financial Inclusion CBDC 98

Fintech News

JANUARY 7, 2024

The fundraise also saw participation from several venture capital firms including Jafco Asia, Skystar Capital, Sovereign Capital, and Gobi Partners. We firmly believe that rural bank digitisation is pivotal to nurture financial inclusivity in Indonesia. Indonesian fintech company KOMUNAL has secured US$ 5.5

Financial Inclusion 117

Financial Inclusion Underserved Participant Regulations 117

Fintech Finance

JUNE 5, 2024

This innovative system facilitates instant payments between individuals and businesses, thereby reducing reliance on cash-based transactions and expanding the use of digital payments to Peru’s large unbanked population. The support of the Reserve Bank of India has been a cornerstone of this agreement.

Real Time Payments 52

Real Time Payments Financial Inclusion Agreements International Payments 52

Open Banking Excellence

JULY 1, 2024

With the UK government continuing to support the UK’s broader fintech environment and promote open banking innovation, Open Banking in a Box will champion the UK’s world-leading open banking standards and make the case for greater cross-border interoperability that will benefit UK PLC and support financial inclusion globally.

Use Case 130

Use Case Cross-Border Regulations Best Practices 130

The Fintech Times

JUNE 24, 2024

Euronet, a financial technology and payments provider, has teamed up with Fintech Galaxy, a company focused on open banking and financial innovation, to enhance open banking-based payment processes. The system employs a dual-layer approach.

Fraud Detection 59

Fraud Detection FinTech Financial Inclusion Real Time Payments 59

The Fintech Times

JULY 5, 2024

The use of generative AI and of machine learning will accelerate work inside firms that consumers don’t (and shouldn’t have to) think about, including preventing fraud, boosting compliance with financial regulation, and streamlining code development. How does LIBF ensure its fintech courses stay relevant in a rapidly evolving industry?

Participant 69

Participant Continuing Education AI Finance 69

Fintech Review

OCTOBER 7, 2024

This development addresses the demand for faster, more cost-effective global transactions, reducing the complexities of conventional financial systems. By offering greater financial inclusion and opening access to new markets, XSGD will drive digital asset adoption and accelerate innovation in cross-border payments.

Cross-Border Payments 52

Cross-Border Payments Cross-Border Stablecoins Financial Inclusion 52

The Fintech Times

MAY 29, 2024

Extending their offerings to millions of small wallets can create big opportunities, while simultaneously promoting financial inclusion for people around the world. “Pursuing these new financial opportunities also puts organisations in the unique position to contribute to a financially inclusive ecosystem along the way.

Instant Payments 69

Instant Payments Cross-Border Payments Financial Inclusion Underserved 69

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

JUNE 19, 2024

Stablecoins can be backed by fiat currencies, commodities, or even other cryptocurrencies, and offer a range of benefits, including faster and cheaper cross-border transactions, increased financial inclusion, and the potential for programmable money.

Stablecoins 109

Stablecoins Cross-Border Cross-Border Payments Blockchain 109

Fintech Finance

APRIL 18, 2024

To support the scheme’s goals of boosting financial inclusion, sovereignty and economic stability in the region, Fime will set up a framework to simplify certification for scheme participants.

Financial Inclusion 52

Financial Inclusion Central Bank Consulting Issuers 52

The Fintech Times

MARCH 14, 2024

This rapid growth can be attributed to several important factors, such as the successful advancement of digital transformation , widespread mobile adoption, favourable regulatory policies and forward-thinking government investments in talent and innovation. Here’s why.

Online and Mobile Banking 115

Online and Mobile Banking Financial Inclusion Encryption Financial Literacy 115