The Fintech Times

SEPTEMBER 4, 2024

Additionally, the partnership supports the government’s goal of increasing savings rates and promoting financial inclusion. Hakbah is a rapidly growing fintech startup in the MENA region, actively participating in Saudi Arabia’s robust $20.5billion household savings market.

Financial Inclusion 58

Financial Inclusion FinTech Security Participant 58

Fintech Finance

JUNE 6, 2024

Launching the Prepaid Hibir Mastercard in collaboration with Mastercard is a testament to this, marking a significant step towards our mission of digital financial inclusion. With financial inclusion on the rise in Ethiopia, we are committed to providing an efficient and reliable service for both Mastercard and Hibret Bank.

Financial Inclusion 52

Financial Inclusion Visa Online and Mobile Banking Cross-Border 52

The Fintech Times

MARCH 18, 2024

Building better financial inclusivity The launch of the service also builds on the existing range of accessibility services offered by Nationwide, including SignVideo BSL into contact centres and in-branch BSL interpretation. Furthermore, only six per cent provided on-demand access to website content.

Financial Inclusion 58

Financial Inclusion Regs On-Demand Legal 58

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

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 CBDC 45

Fintech News

NOVEMBER 5, 2024

The SBI Innovation Hub will provide access to over 250 of SBI’s financial service APIs, a secure sandbox environment for testing, and opportunities to participate in challenges and hackathons. The goal of the hub is to accelerate digital transformation and advance financial inclusion.

Innovation 104

Innovation Financial Inclusion API FinTech 104

Fintech Finance

NOVEMBER 18, 2024

The current cross-border payment system imposes high costs on businesses and economies worldwide, stifling economic potential and limiting financial inclusivity. Challenges to financial inclusivity Cross-border payment challenges disproportionately affect low-income individuals and small businesses in developing regions.

Cross-Border Payments 130

Cross-Border Payments Cross-Border Transactions Financial Inclusion 130

Fintech Finance

OCTOBER 29, 2024

To promote financial inclusion and accessibility, TerraPay , a leading global money movement company, has partnered with Yape , the superapp of Peru. Diverse Functionality: Users can immediately utilize the received funds across various app features, promoting a cashless economy and fostering greater financial inclusivity.

Financial Inclusion 105

Financial Inclusion Cross-Border Economy Underserved 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

.” Amnah Ajmal, Executive Vice President Market Development, Mastercard EEMEA said: “At Mastercard, we are committed to advancing financial inclusion by leveraging cutting-edge technology to create meaningful, scalable impact.

Visa 97

Visa Digital Payments Financial Inclusion Online and Mobile Banking 97

Fintech News

NOVEMBER 12, 2024

This system allows for direct payments at approximately 100 participating merchants, further streamlining the payment process and promoting the adoption of digital currencies within Thailand. The post SCB 10X Introduces ‘Rubie Wallet’ for Stablecoin Payments at Devcon 2024 appeared first on Fintech Singapore.

Stablecoins 103

Stablecoins Bots Financial Inclusion Payments 103

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

NOVEMBER 18, 2024

By integrating Mastercard’s Move network with Buna’s infrastructure, this partnership aims to streamline payments between MENA and the rest of the world, improving efficiency and promoting greater financial inclusion across the region.

Cross-Border Payments 68

Cross-Border Payments Cross-Border Visa Participant 68

Fintech Review

JULY 10, 2024

By leveraging cryptocurrencies and smart contracts, DeFi circumvents barriers such as geographic limitations and bureaucratic hurdles, thereby empowering users to actively participate in global financial markets. Transactions on blockchain networks are recorded immutably, reducing the risk of fraud and corruption.

Finance 97

Finance Financial Inclusion Underserved Blockchain 97

Fintech Finance

NOVEMBER 6, 2024

The collaboration will see Mastercard join Buna’s cross-border payment systems as a direct participant. Buna’s Real-Time Gross Settlement service, with its extended operating hours, and Instant Payments System’s 24/7 availability offer a unique advantage for direct participants.

Cross-Border Payments 97

Cross-Border Payments Visa Cross-Border Multi-Currency 97

Fintech News

NOVEMBER 4, 2024

The Pay It Forward report, grounded in a comprehensive survey of over 500 participants and in-depth interviews, provides an extensive examination of the digital payment landscape in Singapore. This divide poses concerns of social exclusion, economic disadvantages, and susceptibility to scams.

Digital Payments 96

Digital Payments Financial Inclusion Best Practices Payments 96

The Fintech Times

NOVEMBER 13, 2024

Recogning that the majority of financial planning services in Africa target wealthy and upper-middle-class customers, DigMo instead aims to support the large and growing segment of low and middle-income earners. DigMo’s launch closely aligns with the government of Zambia’s recent target to accelerate financial inclusion to 85 per cent.

Accounts 58

Accounts Financial Inclusion Underserved Compliance 58

Fintech Finance

OCTOBER 28, 2024

By expanding its services, Kuady is enhancing financial access and inclusion across Latin America, enabling more people to participate in the digital economy. By facilitating cross-border transactions, we aim to create a more interconnected financial ecosystem that benefits both our partners and the communities they serve.”

Cross-Border 95

Cross-Border Processors Financial Inclusion Facilitators 95

The Fintech Times

OCTOBER 29, 2024

. “By offering our users the ability to pay effortlessly with a Mastercard virtual card, we open the door to a world of new possibilities and promote their financial independence.” The post Orange Partners With Mastercard to Expand Access Mobile Financial Services Across Sub-Saharan Africa appeared first on The Fintech Times.

Visa 58

Visa Financial Inclusion Online and Mobile Banking Debit Card 58

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. Backbase showcased the art of new possibilities, turning dreams into realities.

Financial Inclusion 103

Financial Inclusion Participant Innovation Consulting 103

Fintech Finance

SEPTEMBER 24, 2024

Through BancNet, InstaPay-participating financial institutions will be able to utilize the Fime Test Factory platform to test their instant payments solutions based on the ISO 20022 specification, the international standard for financial messaging.

Instant Payments 95

Instant Payments ISO 20022 ISOs Financial Inclusion 95

Fintech Finance

SEPTEMBER 12, 2024

Innovating for financial inclusion Zambia has taken great strides in narrowing its gap in financial inclusion. According to the latest data, levels of inclusion have improved ( [link] ) from 59.3% At Lupiya, we are driven by the mission to revolutionise financial inclusion across Africa.

Product 98

Product Financial Inclusion Debit Card Digital Payments 98

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. The company aims to contribute to the country’s goals related to financial inclusion, economic diversification, and job creation.

Financial Inclusion 98

Financial Inclusion Cross-Border Participant Digital Payments 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. At BKN301, we are passionate about driving financial inclusion and fostering innovation, especially for the unbanked segments. .”

Payment APIs and Integration 58

Payment APIs and Integration Financial Inclusion Web 3.0 Embedded Finance 58

Fintech Finance

SEPTEMBER 24, 2024

The Manifesto describes the 66 policies recommended by the 216 payments professionals who participate in The Payments Association’s stakeholder working groups. These cover financial crime, regulation, open banking, ESG, cross-border payments, digital currencies and financial inclusion.

Cross-Border Payments 94

Cross-Border Payments Financial Inclusion Cross-Border Financial Crimes 94

Fintech News

NOVEMBER 19, 2024

Atome Financial announced securing a US$200 million syndicated credit facility. This was led by HSBC through its ASEAN Growth Fund, with participation from DBS Bank, Sumitomo Mitsui Banking Corporation, and Baiduri Bank.

Security 62

Security Financial Inclusion BNPL Volume 62

Fintech Finance

NOVEMBER 6, 2024

Users from participating digital apps can then scan these QR codes and pay seamlessly and securely. “As international commerce continues to evolve, we remain committed to building a more connected and inclusive payments ecosystem across Asia Pacific.

Cross-Border Payments 98

Cross-Border Payments Cross-Border Payments Financial Inclusion 98

The Fintech Times

NOVEMBER 6, 2024

The collaboration will see Mastercard join Buna’s cross-border payment systems as a direct participant. Buna’s Real-Time Gross Settlement service, with its extended operating hours, and Instant Payments System’s 24/7 availability offer a unique advantage for direct participants.

Cross-Border Payments 58

Cross-Border Payments Cross-Border Visa Multi-Currency 58

Fintech Finance

FEBRUARY 28, 2024

The extension of this partnership will offer several benefits to market participants in Colombia. It means Colombian businesses and consumers will be able to reap the many benefits of real-time payments, including economic growth and financial inclusion.

Real Time Payments 81

Real Time Payments Financial Inclusion Central Bank Payments 81

Fintech News

FEBRUARY 14, 2024

The collaboration between IFC and Thai Credit Bank not only aims to address these financial barriers but also intends to offer tailored non-financial services, including training and networking opportunities for WMSMEs. in Thai Credit Bank to Support Women-Led MSMEs appeared first on Fintech Singapore.

Financial Inclusion 106

Financial Inclusion Non-Bank Underserved Finance 106

The Fintech Times

NOVEMBER 1, 2024

The partnership aims to broaden financial inclusion as well as improve access to remittances by enabling funds sent via TerraPay’ s network to be received directly within the Yape app. We share a mutual commitment to financial inclusion and innovation, and together we will enhance the user experience for millions of Peruvians.”

Financial Inclusion 58

Financial Inclusion Cross-Border Payments Cross-Border On-Demand 58

Fintech Finance

AUGUST 20, 2024

In her speech, Dr. 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.

Visa 52

Visa Financial Inclusion ATM Economy 52

Fintech Finance

JULY 30, 2024

In a significant move towards enhancing digital financial inclusion, Salaam Somali Bank , in collaboration with Mastercard , has announced the launch of a digital-first co-branded multi-currency prepaid card designed to revolutionize digital payment solutions. Together, we are not just adapting to the future; we are defining it.”

Multi-Currency 136

Multi-Currency Visa Innovation Point-of-Sale (POS) 136

Fintech Finance

OCTOBER 29, 2024

I hope that today’s call to action acts as a pivotal moment in driving financial inclusion across the sector. Sara Davies said: “By empowering the financially vulnerable with the tools and support they need, we can reduce social isolation, improve mental health problems, and foster a more inclusive economy.

Financial Inclusion 128

Financial Inclusion Debit Card Scams Finance 128

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 Finance

NOVEMBER 15, 2024

Visa Cloud Connect allows financial institutions to securely connect to the Visa network via participating cloud-based infrastructure, simplifying and accelerating access to Visa’s global payment network. It underscores Visa’s commitment to supporting fintech innovation and financial inclusion in the region.”

On-Demand 97

On-Demand Financial Inclusion Debit Card Innovation 97

Fintech Finance

NOVEMBER 5, 2024

With Mastercard Pay Local, resident cardholders or international travelers can easily link their credit or debit cards to a digital wallet and immediately shop at participating merchants, without needing to set up or top up a prepaid account.

Visa 97

Visa Process Financial Inclusion SARS 97