Fintech News

DECEMBER 1, 2024

Despite their crucial role in economic growth and job creation, nearly half of all MSMEs in Asia and the Pacific are either unserved or underserved by financial institutions. The partnership seeks to address the significant credit gap faced by MSMEs in the region, which is estimated at US$2.5 The post ADB, Mastercard to Bridge US$2.5

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Visa Finance Financial Inclusion Underserved 124

Fintech Finance

MARCH 13, 2025

Consumers attempting to build or improve their credit must wait for their credit report to update, which can delay major financial activities like securing a mortgage. The post Curve and Infact Partner to Bolster Financial Inclusivity Through Real-Time Credit Reporting appeared first on FF News | Fintech Finance.

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Financial Inclusion Underserved API BNPL 59

Fintech News

APRIL 3, 2024

The report, titled “Her Fintech Edge: Market Insights for Inclusive Growth”, explores the representation of women within fintech portfolios and the factors influencing, and examines the performance of women customers compared to overall portfolios, considering loyalty, customer lifetime value (CLV), and default rates.

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Financial Inclusion FinTech Financial Literacy Non-Bank 126

The Fintech Times

SEPTEMBER 27, 2024

Despite its political unrest and economic challenges, Myanmar has shown significant progress in the fintech sector, bringing financial services to underserved populations. The initiative aimed to promote financial inclusion by encouraging collaboration between fintech companies and financial institutions.

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Financial Inclusion FinTech Underserved Central Bank 102

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.

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Financial Inclusion Cross-Border Economy Underserved 105

Fintech News

JANUARY 12, 2025

Financial inclusion opportunities for Southeast Asia’s fintechs The report, released in December, explores the driving factors and key trends in Southeast Asias fintech market, highlighting Southeast Asias robust fundamentals which have been propelled the fintech sectors rapid growth. billion underbanked adults.

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FinTech Financial Inclusion BNPL Cross-Border 117

Payments Source

MAY 23, 2021

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Underserved FinTech Financial Inclusion 211

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.

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Cross-Border Payments Cross-Border Financial Inclusion Underserved 98

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.

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Financial Inclusion Bitcoin Underserved Compliance 134

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].

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Financial Inclusion Risk Underserved Non-Bank 104

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.

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Digital Payments Financial Inclusion Payments Underserved 98

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).

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Financial Inclusion Embedded Finance Payment APIs and Integration Non-Bank 104

The Fintech Times

OCTOBER 1, 2024

Having originally launched in Mexico in February 2024, inDrive Money improves financial inclusion for gig economy workers. This is particularly impactful as freelancers have traditionally been underserved in Latin America, and Colombia is no different. This will depend on their activity on the inDrive app.

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Financial Inclusion Underserved Origination Finance 104

The Fintech Times

NOVEMBER 26, 2024

Cross-border payment hub, Tranglo , has expanded its footprint in Africa, now supporting payouts in Ethiopia, Kenya, Liberia, Madagascar, Mali, Senegal, and Zambia as it continues to aim to boost financial inclusion by providing efficient, affordable cross-border payment solutions to the region. per cent in 2024.

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Cross-Border Payments Cross-Border Payment APIs and Integration Financial Inclusion 75

Fintech Finance

DECEMBER 9, 2024

The rapid adoption of the Leja App over the past year highlights the power of local solutions tailored to underserved markets. By leveraging its innovative data-driven credit scoring and payment solutions, Leja aims to drive revenue growth while advancing financial inclusion.

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Transactions Process FinTech B2B 96

The Payments Association

JANUARY 10, 2024

Advancing Global Economies Through Financial Inclusion Financial inclusion is reshaping the global economy by making financial services accessible to underserved populations. Read more

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Financial Inclusion Financial Literacy Underserved Economy 88

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.”.

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Financial Inclusion Central Bank FinTech Mobile Banking 101

Fintech Finance

MARCH 5, 2025

The State Bank of Pakistan (SBP) has awarded Mashreq Pakistan a restricted license for pilot operations as part of the government’s strategy to unlock Pakistan’s digital potential and provide greater access to financial services to underserved consumer groups.

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Visa Underserved Financial Inclusion Economy 88

Fintech News

DECEMBER 9, 2024

These services aim to support businesses of all sizes, particularly small and micro-sized enterprises (SMEs), in their digital transformation and financial inclusion efforts. Ant International also provides credit and lending solutions to underserved SMEs through its Embedded Finance unit, using AI and blockchain technologies.

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Cross-Border Embedded Finance Cross-Border Payments AI 111

The Fintech Times

FEBRUARY 4, 2025

At Yuze, financial inclusion is at the core of everything we do. We believe that businesses and freelancers deserve more from their financial technology. Supported by government initiatives such as Digital India and increasing investments, the Indian market provides fertile ground for Yuze to foster financial inclusion.

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Micro-Entry Financial Inclusion Underserved Small Business 72

Fintech Finance

MARCH 24, 2025

Championed by the Central Bank of Somalia (CBS), the initiative marks a major step in modernising Somalia’s payment infrastructure, promoting financial inclusion and enhancing economic stability. The demand for secure, fast, and modern payment solutions has been pressing.

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Instant Payments Settlement Payments Central Bank 90

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.

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Financial Inclusion FinTech Assessments Underserved 85

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.

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Financial Inclusion Innovation Credit Risk Underserved 77

The Fintech Times

SEPTEMBER 2, 2024

In a move to empower local partners and advance financial inclusions, Ant International will enhance the credit management capability and infrastructure efficiency for Dock clients, comprising of financial institutions, retailers, and fintech start-ups.

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Financial Inclusion AI Underserved Underwriting 72

Fintech News

DECEMBER 11, 2024

Since Singapore launched its first digital bank in 2022, five digital banksGXS Bank, MariBank, ANEXT Bank, Green Link Digital Bank, and Trust Bankhave entered the market, challenging traditional banking models and reintroducing fintech innovation to Singapore’s financial landscape.

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Underserved Regulatory Compliance Innovation Financial Inclusion 111

The Fintech Times

JANUARY 20, 2025

Ultimately, the AFC argued the new act could hinder financial inclusion as it would impose unnecessary burdens on responsible financial institutions and consequently make custodial accounts prohibitively expensive to offer. Underserved consumers relying on these services would be the ones feeling this impact the most.

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FDIC Regulations Innovation FinTech 104

The Fintech Times

NOVEMBER 12, 2024

The teams are developing applications, products, and protocols that focus on consumer fintech solutions, OpenFI, financial inclusion, and DeFi. Consequently, this will provide a scalable and efficient solution for underserved businesses in the region. The selected teams were chosen from applications across the region.

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Stablecoins Cross-Border Financial Inclusion Underserved 101

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.

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Financial Inclusion Credit Union Underserved Non-Bank 76

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."

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Financial Inclusion Faster Payments FPC Financial Literacy 68

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.

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Financial Inclusion Faster Payments FPC Cross-Border Payments 64

Fintech Finance

JANUARY 13, 2025

Through strategic partnerships with innovative players such as Kalabash, KaiOS, Boost, Smile ID, as well as partnerships with financial institutions like Access Bank and Fidelity Bank to enhance cross-border payment solutions, Mastercard has been instrumental in driving financial inclusion and digital transformation in Ghana.

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Visa Cross-Border Payments Financial Inclusion Cross-Border 98

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.

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Financial Inclusion Security Underserved Regulations 59

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.

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

The Fintech Times

DECEMBER 11, 2024

Underserved communities and businesses will now be able to benefit from a variety of accessible financial solutions by MNT-Halan. With a GDP exceeding $500billion and a diverse, fast-growing population, the UAE is a pivotal market to advance financial inclusion and transform lives.”

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Financial Inclusion Underserved FinTech Security 75

The Fintech Times

MARCH 27, 2025

Financial inclusion and access to credit continue to be a hurdle for businesses especially SMEs and individuals in Nigeria. Moniepoints success in broadening access to the financial system has resulted in millions of businesses accessing the system for the first time. Widening financial inclusion creates a snowball effect.

FinTech 59

FinTech Financial Inclusion Cross-Border Payments Online and Mobile Banking 59

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.

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Financial Inclusion Underserved Agreements Regulations 98

The Fintech Times

NOVEMBER 14, 2024

Félix Pago uses blockchain and artificial intelligence (AI) to power its chat-based platform which makes financial services more accessible for those in historically underserved regions. The person sending the money tells the chatbot on WhatsApp, either in writing or by voice note, how much money they want to send and to whom.

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Visa Financial Inclusion Cross-Border Cryptocurrency 64