Fintech News

SEPTEMBER 3, 2024

In addition to providing a digital banking platform, OCBC MyOwn Account aims to foster early financial literacy. This new offering from OCBC comes after 18 months of research into the needs and behaviors of parents and their children. The content will be delivered through engaging comic strips available on the OCBC Digital app.

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Fintech Finance

JULY 2, 2024

The study also revealed that 31 per cent of those surveyed believe schools should prioritise teaching students financial literacy over foreign languages. Whilst foreign languages of course open up opportunities and cultural experiences, financial inclusion is just as important.

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The Fintech Times

MARCH 14, 2025

Nearly 1 in 4 (23 per cent) young people said they go to financial advisors or professionals for investment advice or information, whereas much fewer (15 per cent) said they would go to social media platforms. The research also shows that Gen Z wants to invest sustainably but prioritises financial outcomes.

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The Fintech Times

JANUARY 23, 2025

.” Utilising embedded finance and AI Ryan Miemczyk, director of research, Trust Impact Ltd Probably unsurprisingly, artificial intelligence (AI) could play a huge role in the fintech’s sector journey to becoming more ‘good’ However, its benefits will be truly seen when combined with other offerings.

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Fintech Finance

SEPTEMBER 23, 2024

We are thrilled to bring this financial wellness tool to U.K. workers, empowering them to take control of their earned pay and improve their financial well-being.” According to research from the UK’s Money and Pensions Service (MaPS), more than 16 million U.K. workers have missed payments on key household bills in 2023.

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The Fintech Times

FEBRUARY 26, 2025

. “It is my hope that we build and leverage AI with the intention of it being a catalyst for more financial literacy and education. I see a future where AI is leveraged to deliver a financial plan to two-thirds of people worldwide who currently do not have a plan in place. billion adults that remain unbanked.

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The Fintech Times

JANUARY 31, 2025

She added that as part of a working group, it is currently developing a financial inclusion dashboard to track and analyse data on financial inclusion. It is also now part of a national network of six data services driving the UKs leadership in smart data research.

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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.

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Fintech News

OCTOBER 28, 2024

The 18 finalists have been selected based on solutions to challenges in credit access, financial literacy, cross-border payments, and personalized protection, among other areas. KaiOS empowers individuals and communities with accessible education, turning financial wellness into a sustainable reality. Ample Fintech Pte.

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FinTech Financial Literacy Cross-Border Distributed Ledger Technology (DLT) 114

The Fintech Times

SEPTEMBER 24, 2024

As a huge number of people continue to grapple with a drastically increased cost of living, many have seen their financial health significantly worsen. In the UK, 29 per cent of adults reported that their financial health has deteriorated over the past six months alone, according to new research from data and payments fintech Moneyhub.

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The Fintech Times

JUNE 5, 2024

Most consumers in the UAE are confident in managing their finances, although gaps in financial knowledge persist, according to Visa ‘s 2024 Financial Literacy Survey. The post Majority of UAE Residents Confident in Finances, Visa Finds Knowledge Gaps appeared first on The Fintech Times.

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Fintech Finance

MARCH 6, 2024

Women are more likely than men to be embracing new digital financial services such as mobile wallets and Buy Now, Pay Later (BNPL) according to new Marqeta research. The research highlights trends in men and women’s ability to access, use and benefit from new financial services offerings in the United Kingdom.

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Finovate

APRIL 9, 2024

Features Reduces exorbitant research costs Reduces time from ideation to investment theme execution Offers a virtual global equity analyst Who’s it for? Global allocation specialists, RIAs, institutional money managers, global equity analysts, ETF sponsors, financial services companies, and robo-advisors.

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Fintech News

APRIL 3, 2024

Findings of a 2021 research by the Bank for International Settlements show that this disparity is not limited to payments, pointing to a similar gender gap of 8% points in the adoption of a broader set of services, such as lending, insurance and investment.

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Fintech Finance

FEBRUARY 26, 2024

Mobile money can play a transformative role in advancing financial inclusion and resilience for the nearly 2 billion people who remain unbanked globally. We are very excited about our partnership with Visa enabling us to further drive economic empowerment and support millions of users to access life changing financial services.”

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Finovate

AUGUST 5, 2024

In partnership with financial literacy platform Doshi, Yorkshire Building Society is offering online financial education to first-time prospective homebuyers. Photo by Pixabay The post Yorkshire Building Society Partners with Doshi to Educate for First-Time Homeowners appeared first on Finovate.

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Financial Literacy Non-Bank Credit Union Process 59

The Fintech Times

JANUARY 31, 2025

The firm claimed its funds were screened to exclude bond issuers with activities in the likes of fossil fuels, although the Australian Securities and Investments Commission found that as much as 74 per cent of the securities in the fund (by market value) were not researched or screened against applicable ESG criteria.

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Fintech News

FEBRUARY 26, 2024

In Asia Pacific, the lack of a skilled workforce and poor digital and financial literacy were also factors, however this trend can also be observed globally. However, the post-pandemic landscape presents new challenges in maintaining growth momentum, with fintechs exploring innovative customer acquisition strategies.

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Tearsheet

DECEMBER 4, 2024

The focus for financial institutions now is on how these shifts are influencing younger consumers’ financial outlooks, behaviors, and priorities. BNPL taps directly into this mentality, shares Matt Britton, CEO of Suzy , a SaaS market research and consumer insights platform, in a recent Tearsheet Podcast episode. “I

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FICO

FEBRUARY 12, 2023

Home Blog FICO Top 5 Customer Development Posts of 2022: Digital Banking and Pricing Opti The most popular posts in our Customer Development category dealt with digital banking, optimizing credit line increases, loan pricing and machine learning for credit risk models. Here are extracts from those customer development posts.

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FICO

APRIL 25, 2018

Student loan debt can also be a part of a consumer’s financial journey as they look at buying a car, a house and even into retirement. FICO research has found that opening several credit accounts in a short period of time represents greater risk of future missed payments- especially for people who don't have a long credit history.

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Financial Literacy Credit Cards Research Consumer 68

Clearly Payments

FEBRUARY 3, 2024

Consider your target audience and industry nuances when researching providers as different platforms cater to diverse customer segments and transaction volumes. The post A Merchant Guide For Buy-Now-Pay-Later (BNPL) Payments appeared first on Credit Card Processing and Merchant Account.

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The Fintech Times

AUGUST 21, 2024

New data from research by credit app, ClearScore , conducted in partnership with UK-based The Money Charity reveals that a lack of financial education during school years has hurt people’s financial decision-making later in life.

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CB Insights

JUNE 17, 2021

The company plans to launch new features, such as financial literacy games, to help teenagers learn financial terms. Want the full post? The post Sequoia Capital-Backed FamPay Raises $38M For Its Teenager-Focused Payments App appeared first on CB Insights Research. Parents can set transaction limits.

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Financial Literacy Online and Mobile Banking Transaction Limits Payments 41

FICO

AUGUST 23, 2021

2: Digital literacy IS NOT financial literacy. digital natives might not be who financial institutions think they are. Our researched showed that less than half of U.S. respondents (49%) under the age of 25 were comfortable downloading a financial institution’s app to open an account. by Darryl Knopp.

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The Fintech Times

DECEMBER 9, 2023

“With Quadient and Signal research revealing only eight per cent of consumers actually understand information on new overdraft charges when tested, banks should remember that new Consumer Duty regulations aren’t just a ‘one and done’ thing.

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The Fintech Times

MAY 21, 2024

The industry must come together to prioritise financial inclusion.” Digital wall According to Socure’s research , legal immigrants in the US face significant hurdles in accessing banking and government benefits. Solving the identity challenges of underserved populations is not only an economic imperative, but a moral one.

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The Fintech Times

JULY 4, 2024

Research has revealed major gaps in the wealth management industry’s ability to engage younger demographics. Its research points to a broad disengagement among young investors, with many feeling overwhelmed by investment principles and dissatisfied with the control they have over their financial decisions.

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Financial Literacy On-Demand Research Addressing 59

Fintech Review

DECEMBER 12, 2023

Financial transactions, customer data, and monetary systems are critical components of any economy, and as such, they’re often subject to strict oversight. Research Relevant Laws Depending on where you launch your fintech business, there will be specific financial regulations and standards you’ll need to adhere to.

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Fintech News

DECEMBER 17, 2023

The research, which looked at the digital competitiveness in 38 provinces and 157 cities/regencies in Indonesia, revealed a remarkable increase in digital transactions, surging by 32% this year compared to 2019.

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The Fintech Times

APRIL 20, 2024

Nonetheless, when used responsibly the payment method can be very helpful to users and provide them with a financial lifeline; users are becoming increasingly aware of this. Research from Juniper Research has revealed that by 2028, the BNPL userbase will increase by 107 per cent to, from 380 million users in 2024.

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The Fintech Times

OCTOBER 3, 2024

Furthermore, many of these people are unbanked as research reveals 80 per cent of the population does not have access to financial services. This includes promoting literacy, eliminating poverty and promoting vibrant financial institutional operations in Papua New Guinea.

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Financial Inclusion Financial Literacy Governance Government 52

CB Insights

SEPTEMBER 10, 2020

Wealth : Financial literacy platforms WealthyLife and Brightside. The post Q&A: The Next Leg Of Fintech Innovation appeared first on CB Insights Research. The post Q&A: The Next Leg Of Fintech Innovation appeared first on CB Insights Research.

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FICO

MAY 19, 2023

Topics include Mastering Credit, Credit Scores, Financial Literacy, Financial Wellness, Managing Debt, and Home Ownership. For its achievements, Prosper won a 2023 FICO® Decisions Award for Financial Inclusion.

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FICO

AUGUST 18, 2022

A UNCDF financial health white paper defines a financially healthy person as someone who “can meet current needs, absorb financial shocks, and pursue financial goals.” However, research indicates that the majority of people are not financially healthy. Can Financial Wellness Be Profitable for Banks?

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Financial Inclusion Financial Literacy Small Business Economy 52

The Fintech Times

MAY 7, 2024

Market transformation: The Peruvian payment market is experiencing a digital revolution, influenced by technology, changing consumer habits, and government initiatives promoting financial inclusion. Our research indicates a significant increase in the use of PayU GPO for e-commerce payments in Latin America—from 15.3 million in 2022.

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Digital Payments Online and Mobile Banking Financial Inclusion Payments 64

CB Insights

JULY 25, 2019

There are also nonprofits with the sole focus of improving financial literacy among the public. For example, The National Endowment for Financial Education runs a program aimed at older adults to help them navigate retirement options and make financial plans. Source: Capital One.

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FinTech Online and Mobile Banking Elder Abuse On-Demand 73