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ETA Releases Annual Report on Advancing Economic Inclusion – Empowering Underserved Communities with Fintech

Electronic Transactions Association

. – FEBRUARY 21, 2023 – The Electronic Transactions Association (ETA), the trade association for the payments technology industry, today released its annual white paper outlining a variety of financial technology products and services that have broadened access to the payments and financial services ecosystems.

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How is Banking-as-a-Service Driving Financial Inclusion Across the Globe?

The Fintech Times

As BaaS evolves, it is helping fintech innovation reach new markets and underserved communities; which has the potential to greatly improve financial inclusion across the globe. Continuing our BaaS focus at the beginning of April, we asked industry leaders about how they’re seeing BaaS driving financial inclusion worldwide. .

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Visa, GSMA Launch Digital Finance Inclusion Initiative for 20 Million People Globally

Fintech News

This project, set to span five years, targets the promotion of digital financial access for 20 million people, focusing on women, smallholder farmers, and small business owners in developing regions of Asia, Africa, and Latin America. said Ashley Olson Onyango, Head of Financial Inclusion and AgriTech, GSMA.

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Exploring How Faster Payments Can Support Financial Inclusion

Faster Payments Council

April is Financial Literacy Month, when the nation is focused on spreading financial literacy education to help consumers understand how to better manage money. With 106 million financially vulnerable Americans and many weakened small businesses as result of COVID-19, attendees felt the full weight of the statement.

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In Profile: Rajat Dayal, CEO of Yabx

The Fintech Times

Yabx has been on this journey to build this credit infrastructure ground up and enable financial access for the underserved. We believe access to credit is extremely important to grow the small and medium businesses which are the backbone of emerging economies. Financial literacy is the ability to understand finance.

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SFF 2024 Awards Highlights Fintech Innovation with Updated Categories, New AI Focus

Fintech News

The APIs has not only helped platform partners unlock new revenue opportunities, more importantly, it has allowed ANEXT Bank to engage and enable the ecosystem of partners to accelerate and scale financial inclusion for unserved and underserved MSMEs. To date, the solution has disbursed $16.5 million in loans.

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SOLE, WiseWage Team Up On Payroll For Underbanked Employees

PYMNTS

There’s no overdraft fee, workers can make cash back transactions and SOLE offers a robust financial literacy program for cardholders. The real opportunity is to appeal to small businesses’ desire to save money and use that incentive to trigger unbanked workers into the banking system. Everybody wins.”.

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