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

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. The post Pyypl Secures Visa Principal Licence to Enhance Financial Inclusion in MEA appeared first on The Fintech Times.

Financial Inclusion 58

Financial Inclusion Security Underserved Regulations 58

Fintech Finance

OCTOBER 9, 2024

The British fintech company Pockit and the pan-European fintech Monese today announce that they have agreed terms for Pockit to acquire Monese, subject to Change in Control approval by the FCA, creating the leading fintech for the financially underserved and lower-middle-income consumers across the UK and Europe.

Underserved 64

Underserved Acquirers FinTech Multi-Currency 64

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 58

Financial Inclusion Underserved Interoperability Multi-Currency 58

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

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

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 Government Governance 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 68

Financial Inclusion FinTech Central Bank Online and Mobile Banking 68

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

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

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

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 68

Underserved Finance Technology APACS 68

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 Fraud Prevention Financial Inclusion 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

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 98

Cross-Border Payments Cross-Border Financial Inclusion Underserved 98

Fintech Finance

JUNE 24, 2024

The partnership with Visa is a testament to Pyypl’s mission to democratise access to financial services, its innovative business model and the large market opportunity – as well as highlighting Visa’s trust in Pyypl to accelerate financial inclusion.

Financial Inclusion 98

Financial Inclusion Underserved Agreements Regulations 98

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 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

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

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

Fintech News

OCTOBER 28, 2024

Finfra reported that it has facilitated over US$65 million in credit for underserved Indonesian businesses since its establishment in 2022. This collaboration, supported by our investors, puts us on the path to profitability and strengthens our mission to drive financial inclusion and expand sustainable financing options in Indonesia.”

Financial Inclusion 109

Financial Inclusion Underserved Facilitators FinTech 109

Fintech News

OCTOBER 21, 2024

This solution enables seamless, real-time cross-border payments to over 3 billion mobile wallets, empowering financial institutions to deliver faster, more transparent transactions while enhancing financial inclusion in underserved regions.”

Cross-Border Payments 110

Cross-Border Payments Cross-Border Financial Inclusion Underserved 110

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 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 114

Financial Inclusion Underserved Small Business Finance 114

Fintech Finance

OCTOBER 29, 2024

With only 48% of the adult population in Africa banked, according to the African Digital Banking Transformation Report ( [link] ), the collaboration between Orange and Mastercard is designed to accelerate financial access, contributing to the financial empowerment of underserved communities.

Visa 97

Visa Digital Payments Financial Inclusion Online and Mobile Banking 97

Fintech Finance

OCTOBER 29, 2024

This collaboration is designed to enhance the payment experience for merchants and consumers while driving financial inclusion across the region. This approach not only strengthens tpay’s service capabilities but also extends financial access to underserved communities, narrowing the gap in digital financial services across META.

Digital Payments 98

Digital Payments Financial Inclusion Payments Underserved 98

Fintech News

NOVEMBER 4, 2024

This investment will help Funding Societies expand its reach and provide greater access to credit for underserved small businesses across the region. HSBC will play a multifaceted role in this partnership, providing comprehensive financial solutions to support Funding Societies’ expansion.

Underserved 96

Underserved Financial Inclusion Small Business Blocks 96

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 122

Underserved Cross-Border Financial Inclusion Interoperability 122

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 95

Visa Digital Payments Financial Inclusion Underserved 95

The Fintech Times

OCTOBER 31, 2024

Saudi Arabia-based payment solution provider Geidea , is joining forces with tpay , a local payment connector, in a move to offer an integrated suite of payment methods to enhance the payment experience for merchants and consumers while driving financial inclusion across the region.

Financial Inclusion 68

Financial Inclusion Underserved Payments Payment Solutions 68

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

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 108

Financial Inclusion Embedded Finance APACS Underserved 108

Fintech Finance

NOVEMBER 20, 2024

This partnership between Tarabut and Geidea sets the stage for both companies to collaboratively explore and develop groundbreaking solutions that could create new, more efficient and accessible financing opportunities that empower SMEs – including those underserved by traditional financial services – across the Kingdom of Saudi Arabia to thrive.

Finance 94

Finance Point-of-Sale (POS) Financial Inclusion SARS 94