The Fintech Times

SEPTEMBER 19, 2024

Lighthub Asset and WeLab’s venture (the consortium) will improve financial inclusion in Thailand. It will provide localised digital banking services to everyone, including the underserved. Firstly, the consortium aims to provide underserved segments with immediate access to intuitive financial products.

Financial Inclusion 59

Financial Inclusion Underserved Interoperability Multi-Currency 59

The Fintech Times

OCTOBER 3, 2024

To make sure more people have access to these services, the government of Papua New Guinea has been putting a focus on financial inclusion. It was established to act as the industry’s apex organisation for coordinating, advocating and monitoring all financial inclusion activities in the country.

Financial Inclusion 52

Financial Inclusion Financial Literacy Governance Government 52

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 69

Financial Inclusion FinTech Central Bank Online and Mobile Banking 69

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

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 59

Financial Inclusion Underserved Small Business Finance 59

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 59

Underserved Product Financial Inclusion FinTech 59

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 69

Financial Inclusion Bank Closure Online and Mobile Banking Underserved 69

Finovate

MAY 10, 2024

Experian launched Cashflow Attributes, a tool to offer lenders more data about underserved consumers. Lenders can use the insights to aid in their underwriting decisions, drive more personalized experiences, and help improve financial management tools.

Underserved 59

Underserved Consumer Identity Theft Underwriting 59

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

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 69

Underserved Finance Technology APACS 69

Finovate

MARCH 26, 2024

Alan Bekker of eSelf on the future of AI in financial services, The Clearing House’s Jim Colassano on real-time payments, financial inclusion and wealth-building with Rodney Williams of SoLo Funds … these are just a handful of the interviews Greg Palmer and the Finovate Podcast have featured in recent weeks.

Real Time Payments 59

Real Time Payments Financial Inclusion Fraud Prevention AI 59

FICO

JULY 15, 2022

Financial Inclusion Using Analytics. It means the inclusion of credit markets that are less developed, where a larger part of the population is underserved. Using new approaches to improve financial inclusion. Financial inclusion also means investing in innovation. Saxon Shirley.

Financial Inclusion 52

Financial Inclusion Underserved Consumer Innovation 52

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. Customers can handle payments, transfers, and other financial operations directly from their mobile phones.

Visa 98

Visa Financial Inclusion Fraud Detection Financial Literacy 98

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

SEPTEMBER 19, 2024

The aim is to enhance financial access for underserved retail customers and small businesses. The consortium, which holds over 20 financial service licenses across five Asian markets, aims to create an AI-driven virtual bank that empowers underserved communities through advanced technology.

Underserved 124

Underserved Cross-Border Financial Inclusion Interoperability 124

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 64

Underserved Mobile Payments BNPL Online and Mobile Banking 64

Payments Dive

SEPTEMBER 12, 2018

India Post Payments Bank is leveraging Financial Software and Systems (FSS) to bring a wide range of affordable, quality banking and payment services to financially underserved customer segments – especially rural households, small and medium enterprises and women.

Financial Inclusion 79

Financial Inclusion Posting Underserved Payments 79

Fintech Review

JULY 10, 2024

These platforms leverage blockchain technology to create open, accessible, and secure financial systems that operate without the need for intermediaries like banks. As a result, DeFi is gaining traction rapidly due to its ability to provide financial services to those who have been historically underserved by conventional banking systems.

Finance 97

Finance Financial Inclusion Underserved Blockchain 97

Fintech News

SEPTEMBER 24, 2024

This solution also facilitates embedded finance and contextual banking, allowing banks to offer financial services through partner ecosystems via a Banking-as-a-Service (BaaS) model. This is particularly relevant for underbanked regions in Southeast Asia and the Middle East, where financial inclusion remains a priority.

Financial Inclusion 110

Financial Inclusion Embedded Finance APACS Underserved 110

Fintech News

SEPTEMBER 1, 2024

Nikhilesh Goel Nikhilesh Goel, Co-founder and Group CEO of Validus said, “By leveraging Batumbu’s unique position as the largest and only profitable digital SME financing platform in the country, we are committed to unlocking new opportunities for businesses, driving economic growth, and enhancing financial inclusion.

Financial Inclusion 115

Financial Inclusion Underserved Small Business Finance 115

Fintech Finance

AUGUST 28, 2024

Rellevate’s leading digital banking, disbursements, and wallet solutions are designed to unlock access to payments technology for underserved communities. This partnership will continue to yield innovation, financial inclusion, and digital technological education for consumers across the nation.”

Visa 91

Visa Digital Payments Financial Inclusion Underserved 91

FICO

OCTOBER 25, 2016

That’s why FICO has announced the FICO Financial Inclusion Initiative , a global effort to increase access to affordable credit for consumers and businesses with limited or no credit history. The post New Ways to Score Risk Can Improve Financial Inclusion appeared first on FICO. For more information: [link].

Financial Inclusion 104

Financial Inclusion Risk Underserved Non-Bank 104

The Fintech Times

AUGUST 14, 2024

Additionally, AI plays a pivotal role in advancing financial inclusion, making financial services accessible to a wider audience. The World Bank estimates that AI-driven solutions could bring financial services to over 1.7 This initiative aligns with Al Fardan Exchange’s mission to foster global financial inclusion.

AI 106

AI Financial Inclusion Finance Underserved 106

The Fintech Times

MARCH 26, 2024

As insurers strive to meet the evolving needs of a digitally-savvy customer base while addressing the persistent challenge of financial inclusion, they are increasingly turning to fintech solutions. “These solutions enhance accessibility by providing digital insurance options tailored to the needs of underserved communities.

Underserved 115

Underserved FinTech Financial Inclusion Risk 115

FICO

MAY 7, 2018

The FICO team was excited to lead the Financial Inclusion track that focused on how to responsibly expand credit access to previously unscorable consumers. A key point that the experts underscored during the Financial Inclusion sessions at LendIt was that expanding financial inclusion is a win-win proposition.

Financial Inclusion 77

Financial Inclusion Innovation Credit Risk Underserved 77

Fintech Finance

JULY 30, 2024

The Mastercard Ghana Fintech Forum aimed to address these issues, fostering engagement and innovation to drive financial inclusion. “At At Mastercard, we believe in the power of collaboration to overcome unique market challenges, drive innovation, and foster growth in the financial sector.

Contactless Payments 98

Contactless Payments Cybersecurity Visa FinTech 98

Fintech News

SEPTEMBER 8, 2024

Anton Hermawan “AWS provides the flexibility we need to rapidly evolve our suite of financially-inclusive mobile banking services, making them engaging and easy to use. Cloud technology helps us deliver innovative and secure financial services to Indonesia’s youth and previously underserved part of Indonesia’s population.”

Financial Inclusion 113

Financial Inclusion Underserved Database Mobile Banking 113

The Fintech Times

MAY 29, 2024

The Interledger Foundation , an organisation building and advocating for an open, interoperable payment network, is introducing a new initiative to fund fintechs that leverage its Interledger Protocol (ILP) to bring payment capabilities to emerging markets and underserved populations.

Instant Payments 69

Instant Payments Cross-Border Payments Financial Inclusion Underserved 69

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

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% Offering microloans to underserved populations, Lupiya has played a pioneering role in bridging this gap.

Product 98

Product Financial Inclusion Debit Card Digital Payments 98

Fintech News

AUGUST 20, 2024

TrueMoney, known for its focus on financial inclusion, provides users with services like mobile money transfers and bill payments. This partnership with Igloo extends the availability of essential insurance products to underserved populations, particularly those in remote areas.

Financial Inclusion 97

Financial Inclusion Underserved On-Demand Product 97

Fintech News

JULY 1, 2024

With Oikocredit’s support, Batumbu will be better positioned to offer tailored financing solutions to underserved SMEs across multiple provinces of Indonesia, where banking presence is often thin, driving financial inclusion and fostering entrepreneurship. Together, we aim to create a lasting impact on the Indonesian economy.”

Finance 105

Finance Security Underserved Financial Inclusion 105

The Fintech Times

JUNE 20, 2024

The Payments Association has highlighted the urgent need to improve access to affordable financial services in the UK, outlining the potential of community finance options like credit unions. The post Community Finance Overhaul: Addressing Financial Exclusion in the UK appeared first on The Fintech Times.

Addressing 59

Addressing Finance Credit Union Financial Inclusion 59

Clearly Payments

OCTOBER 7, 2024

Cross-Border E-commerce Growth : Cross-border e-commerce grew by 21% in 2020, according to a report by the International Post Corporation (IPC). Serving the Needs of the Underbanked The pandemic exposed significant gaps in financial inclusion, particularly for underbanked populations.

Cross-Border 94

Cross-Border Processors Multi-Currency Contactless Payments 94

Fintech Finance

JUNE 18, 2024

The association’s newly released paper: “ Redefining Community Finance: Unlocking Pathways to Financial Inclusion ” highlights the potential of these institutions but also the significant barriers hindering their growth. By leveraging these connections, community finance can serve a wider range of underserved consumers.

Finance 52

Finance Credit Union Financial Inclusion Consumer 52

Fintech News

OCTOBER 8, 2024

Surfin began with consumer lending and has since expanded into various financial services, including payments, remittance, credit card issuance, and wealth management. The company leverages AI and data analytics to support its operations, enabling it to provide scalable financial services tailored to the needs of the underserved middle class.

FinTech 96

FinTech Credit Cards Risk Management Payment Gateways 96

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. Swedish Ambassador to Malaysia, H.E.

FinTech 96

FinTech APACS Economy Financial Inclusion 96