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

Faster Payments Council

APRIL 29, 2021

During our Spring Conference earlier this month, we held a session called, "Faster Payments: Accelerating Financial Inclusion." It is really critical to think about how we, as an ecosystem, can come together and drive the right financial services for unserved and underserved consumers and small businesses."

Financial Inclusion 68

Financial Inclusion Faster Payments FPC Financial Literacy 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 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

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 65

Visa Digital Payments Financial Inclusion Underserved 65

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 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 100

Financial Inclusion Underserved Small Business Finance 100

Payments Source

MARCH 2, 2021

The overwhelming success of Square’s bitcoin trading service creates new opportunities for its bank to work with underserved markets.

Financial Inclusion 134

Financial Inclusion Bitcoin Underserved Compliance 134

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 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. Convenient Digital Payments: Integration of the Mastercard with the NOW Money app allows for seamless financial management.

Visa 89

Visa Financial Inclusion Fraud Detection Financial Literacy 89

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

PYMNTS

DECEMBER 1, 2019

The goal is to improve Nigeria’s financial inclusion rate by 20 percent, bringing it to 80 percent by the end of 2020. Nigerians in underserved locations will have access to cost-effective payment services, cash-in and cash-out facilities, and savings products.”.

Financial Inclusion 101

Financial Inclusion Central Bank FinTech Mobile Banking 101

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 76

Product Financial Inclusion Debit Card Digital Payments 76

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

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

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

Faster Payments Council

FEBRUARY 18, 2021

Faster Payments Council (FPC), a membership organization devoted to advancing faster payments in the United States, today announced it has launched two new FPC Work Groups: Financial Inclusion and Real-Time Recurring. For more information on the FPC, its current work efforts or to join, visit FasterPaymentsCouncil.org.

Financial Inclusion 68

Financial Inclusion Faster Payments FPC Cross-Border Payments 68

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

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 99

Financial Inclusion Underserved Database Mobile Banking 99

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 82

Financial Inclusion Underserved On-Demand Product 82

PYMNTS

NOVEMBER 23, 2020

Blockchain and a bank charter might do much to boost financial inclusion. He pointed to brands and merchants like Dunkin and Dollar General, marked by underserved populations that could benefit by better economics than has been seen with prepaid cards or payday lending.

Financial Inclusion 86

Financial Inclusion Office of the Comptroller of the Currency Blockchain OCC 86

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 80

Contactless Payments Cybersecurity Visa FinTech 80

PYMNTS

AUGUST 8, 2018

JPMorgan is setting up a financial inclusion lab in India through a partnership with the Indian Institute of Management Ahmedabad’s (IIMA) Centre for Innovation, Incubation and Entrepreneurship (CIIE). According to FinTech Futures , the $9.5

Financial Inclusion 40

Financial Inclusion Underserved FinTech Consulting 40

The Paypers

AUGUST 22, 2023

Sharia-compliant microfinancier ASAL Microfinance has partnered with Musoni System to bring financial services to underserved communities in Somalia.

Financial Inclusion 36

Financial Inclusion Underserved 36

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

PYMNTS

SEPTEMBER 15, 2016

In an effort to bridge what is increasingly being known as the “inclusion gap” for minorities, Visa is finding promise in supporting products for financial inclusion in the credit union and community bank portfolio. To hurdle the financial gap that exists for these underserved populations in North America.

Financial Inclusion 76

Financial Inclusion Credit Union Underserved Non-Bank 76

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 69

Financial Inclusion Finance Financial Literacy Underserved 69

The Paypers

NOVEMBER 5, 2021

Lynx has partnered with Copper.co , a provider of cryptoasset custody and trading solutions, to accelerate better financial inclusion to the underserved population in Southeast Asia, starting with the Philippines.

Financial Inclusion 28

Financial Inclusion Underserved 28

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. “Community finance providers, such as credit unions and community development finance institutions, play a vital role in bridging this gap.

Addressing 59

Addressing Finance Credit Union Financial Inclusion 59

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 90

Finance Security Underserved Financial Inclusion 90

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

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 80

Financial Inclusion Posting Underserved Payments 80

Payments Source

MAY 14, 2018

Fair Square Financial has received a $100 million equity investment from the Orogen Group to fund a credit card designed for underserved U.S. consumer segments.

Credit Cards 62

Credit Cards Financial Inclusion Underserved Consumer 62