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

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 96

Instant Payments Real Time Payments ISO 20022 Financial Inclusion 96

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

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 92

Instant Payments ISO 20022 ISOs Financial Inclusion 92

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 59

Payment APIs and Integration Financial Inclusion Web 3.0 Embedded Finance 59

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 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 102

Financial Inclusion Participant Innovation Consulting 102

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

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

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 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 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

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 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

JUNE 24, 2024

By integrating with consumers’ bank accounts, the solution lowers transaction costs and boosts financial inclusion, while increasing digital transaction adoption in the region. It also aims to enhance financial inclusivity and streamline transaction processes, reduce operational costs for businesses across various sectors.

Fraud Detection 59

Fraud Detection FinTech Financial Inclusion Real Time Payments 59

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

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

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

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. The post Indonesian Neobank KOMUNAL Gears Up for Expansion with US$5.5M

Financial Inclusion 114

Financial Inclusion Underserved Participant Regulations 114

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. The post Fime to Support Set Up of UAE’s Domestic Card Scheme (Jaywan) appeared first on Fintech Finance.

Financial Inclusion 52

Financial Inclusion Central Bank Consulting Issuers 52

Fintech Finance

MAY 9, 2024

We are thrilled to collaborate with Mastercard to advance financial inclusion in Africa through the Access Africa initiative,” said Robert Giles, Senior Advisory, Retail Banking, Access Bank. “By

Cross-Border Payments 98

Cross-Border Payments Cross-Border Visa Financial Inclusion 98

The Fintech Times

APRIL 25, 2024

She further showed how fintech is driving financial inclusion and explored trends in fundraising, investing, Islamic fintech as well as digital assets. It also gave an overview of impactful strategies, partnerships and innovations making financial services accessible and empowering communities.

Financial Inclusion 59

Financial Inclusion Cross-Border Settlement APACS Settlement 59

Fintech Finance

SEPTEMBER 24, 2024

The round was led by Indus Valley Capital, with participation from Gobi Partners, a prominent Asia-focused venture capital firm with US$1.6 The post Qist Bazaar Raises US$3.2 Qist Bazaar , Pakistan’s leading Buy Now Pay Later (BNPL) fintech startup, announced today that it has secured US$3.2 million in its Series A funding round.

BNPL 103

BNPL Underserved Non-Bank Finance 103

Fintech Finance

JUNE 5, 2024

Ritesh Shukla, CEO of NPCI International, said, “Our partnership with the BCRP aims to strengthen Peru’s financial infrastructure, to foster economic growth. The BCRP aims to promote financial inclusion, security, and efficiency, and to introduce new use cases in digital payments.

Real Time Payments 52

Real Time Payments Financial Inclusion Agreements International Payments 52

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 111

FinTech Cross-Border APACS Participant 111

The Fintech Times

JULY 5, 2024

LIBF addresses these challenges by offering courses taught by leading industry expert faculty and providing participants with access to industry guest speakers and current case studies. This approach ensures that future bankers can support financial inclusion and business growth effectively.

Participant 69

Participant Continuing Education AI Finance 69

Clearly Payments

MARCH 11, 2024

Economic Implications in Payments The adoption of cryptocurrency has far-reaching economic implications for Canada, ranging from increased financial inclusion to enhanced economic competitiveness. The post How Cryptocurrency is Shaping the Future of Payments in Canada appeared first on Credit Card Processing and Merchant Account.

Cryptocurrency 83

Cryptocurrency Financial Inclusion Consumer Protection Payments 83

The Fintech Times

DECEMBER 21, 2023

“We do have really significant opportunities for digital financial inclusion and for driving cashless across the continent,” explained Williams. Visa is all-in in supporting fintechs to actually achieve these objectives and drive digital financial inclusion across Africa.”

Innovation 110

Innovation FinTech Financial Inclusion Economy 110

Fintech Finance

SEPTEMBER 30, 2024

Digital payments have become part of our daily lives and are increasingly crucial to fostering financially inclusive economies. This false sense of security is compounded by the fact that 61% of participants have changed their behavior or reduced their use of payment platforms due to fears about cyber scams.

Scams 96

Scams Digital Payments Consumer Payments 96

Fintech Finance

OCTOBER 4, 2024

The context and challenges of each impact the means, not the end, because the result of this digital revolution is very similar in all these regions: economic development, financial inclusion, and innovation,” says Juliana Etcheverry , Director of Country Growth – Latin America at EBANX.

Consumer 97

Consumer Credit Cards Online and Mobile Banking Instant Payments 97

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 News

MARCH 5, 2024

Through this payment linkage launched in December 2023, individuals can pay for goods and services by scanning the Hong Kong FPS QR code or the Thai PromptPay QR Code at participating merchants. 3 Programmable Money: Advancing Financial Inclusion or Creating Walled Gardens, Powered by J.P.

Embedded Finance 97

Embedded Finance APACS Financial Inclusion CBDC 97

The Fintech Times

FEBRUARY 15, 2024

Originally conceived to combat cash-based corruption and promote financial inclusion, UPI has evolved into a cornerstone of India’s vision for a digital economy. The post India’s UPI Expansion Signals Global Leadership in Digital Payments: FXC Report appeared first on The Fintech Times.

Digital Payments 72

Digital Payments Cross-Border Cross-Border Payments Financial Inclusion 72

Fintech News

DECEMBER 11, 2023

Commercial bank participants, through their own instances of UDPN Business Nodes, can actively engage in various activities, such as CBDC issuance (for issuing banks), wallet creation, linking wallets to bank accounts and KYC systems, fiat-CBDC exchange, AML/CFT compliance, and initiation of CBDC transfers, swaps, and settlement.

CBDC 104

CBDC Distributed Ledger Technology (DLT) Cross-Border Central Bank 104

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 News

MARCH 5, 2024

Through this payment linkage launched in December 2023, individuals can pay for goods and services by scanning the Hong Kong FPS QR code or the Thai PromptPay QR Code at participating merchants. 3 Programmable Money: Advancing Financial Inclusion or Creating Walled Gardens, Powered by J.P.

Embedded Finance 86

Embedded Finance APACS Financial Inclusion CBDC 86