Remove Financial Literacy Remove Online and Mobile Banking Remove Underserved
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Fintech in Emerging Markets: Opportunities and Challenges

Fintech Review

This article delves into how fintech is reshaping financial services in these regions. We will explore success stories, the pivotal role of mobile money , and the unique challenges faced. The Role of Mobile Money Mobile money is a cornerstone of fintech in emerging markets.

FinTech 105
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NOW Money Partners with Mastercard to Empower Customers with Enhanced Financial Access

Fintech Finance

NOW Money , one of the leading inclusive digital payroll and banking platform for migrant workers, today announced its new strategic partnership with Mastercard , a global technology company in the payments industry. Customers can handle payments, transfers, and other financial operations directly from their mobile phones.

Visa 98
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Industry Favourites: Emerging Ethical Fintech Solutions

The Fintech Times

The terms ethical finance and ethical banking often go hand in hand with climate awareness and focusing on net zero. Platforms like Kiva facilitate microloans to entrepreneurs in developing countries, often those who lack access to traditional banking services. However, they are not restricted to the climate.

FinTech 75
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Indonesia Hosts Second Highest Number of Fintech Unicorns in Southeast Asia

Fintech News

Akulaku – US$2 billion Indonesia’s most valuable fintech startup is Akulaku, an online banking and digital finance platform valued at US$2 billion. Founded in 2016, Akulaku provides digital banking, financing, investment and insurance brokerage services, targeting financial underserved demographics.

FinTech 52
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The Race For Singapore’s Digital Banking Licenses

PYMNTS

In late June, the Monetary Authority of Singapore (MAS) sent a ripple through the global financial services ecosystem with the announcement of its intention to issue five digital bank licenses to eligible applicants. Oversea-Chinese Banking Corp. and United Overseas Bank Ltd. billion ($1.1 Grab + Singtel .

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The Payroll Card Pursues Stronger Employer-Employee Ties

PYMNTS

The technology is already there, they just need the content to learn online bill pay and to be brought into the digital economy.". SHRM recently launched a payroll tool designed to take advantage of the ubiquity of the mobile phone. The goal isn't to keep people out of the banking system. Embracing Existing Technology.

Payroll 56
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What More Could Your Fintech be Doing to Bridge the Financial Accessibility Gap?

The Fintech Times

. “SteelWave Digital can further bridge the financial accessibility gap by expanding its strategic partnerships with global liquidity providers to enhance capital flows into underserved markets. ” The post What More Could Your Fintech be Doing to Bridge the Financial Accessibility Gap?

FinTech 92