Fintech News

OCTOBER 28, 2024

This year’s awards are also supported by 12 fintech community members, including Ripple, NETS, ADVANCE.AI, and HSBC, as part of the ‘Fintech Gives Back’ initiative, aimed at encouraging innovation and supporting emerging talent. Ripple, NETS, Syfe, and YouTrip returned as sponsors this year.

AI 90

AI FinTech Innovation Payment APIs and Integration 90

Fintech News

SEPTEMBER 19, 2024

The aim is to enhance financial access for underserved retail customers and small businesses. The consortium, which holds over 20 financial service licenses across five Asian markets, aims to create an AI-driven virtual bank that empowers underserved communities through advanced technology.

Underserved 122

Underserved Cross-Border Financial Inclusion Interoperability 122

The Fintech Times

APRIL 9, 2024

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. Banking-as-a-Service (BaaS) describes the concept that enables non-bank platforms to access banking capabilities traditionally only offered by licensed banks.

Financial Inclusion 121

Financial Inclusion Underserved Non-Bank Embedded Finance 121

Fintech Finance

JUNE 6, 2024

The integration of Visa’s capabilities will help du Pay to expand its innovative financial solutions, striving for greater alignment with consumer lifestyles as well as bring additional versatility into the du Pay platform, offering customers a suite of enhanced features and services.

Innovation 52

Innovation Financial Inclusion Payment Solutions Underserved 52

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.

Financial Inclusion 98

Financial Inclusion Underserved Agreements Regulations 98

Fintech News

OCTOBER 13, 2024

million in the first half of 2024, driven by the region’s digital shift, strong demand from a large youth population, and technological innovation. Helicap, a fintech firm focusing on private debt opportunities, aims to address Southeast Asia’s US$500 billion funding gap by providing capital to underserved sectors.

Payment Gateways 105

Payment Gateways Gateways Underserved Payments 105

Fintech News

JUNE 18, 2024

This investment from global nonprofit Accion aims to help Amartha expand its platform, offering a full range of financial products and services to underserved women-led small businesses in rural Indonesia using data and AI. Featured image credit: Edited from Freepik The post Amartha Nets US$17.5M

Underserved 106

Underserved Small Business AI FinTech 106

The Fintech Times

MARCH 26, 2024

These innovative technologies not only enable insurers to streamline operations and enhance customer experiences but also play a pivotal role in extending financial services to underserved communities. “These solutions enhance accessibility by providing digital insurance options tailored to the needs of underserved communities.

Underserved 114

Underserved FinTech Financial Inclusion Risk 114

Fintech Finance

AUGUST 28, 2024

a fintech empowering consumers with innovative services for flexible money access, has announced a partnership with Mastercard to continue scaling payments and disbursements services in the public sector. It is an honor to partner with Mastercard, and continue driving innovation throughout the public sector,” said Stewart A.

Visa 95

Visa Digital Payments Financial Inclusion Underserved 95

Fintech News

SEPTEMBER 8, 2024

Cloud technology helps us deliver innovative and secure financial services to Indonesia’s youth and previously underserved part of Indonesia’s population.” Anthony Amni “Krom Bank innovates at a rapid pace to develop intuitive banking services on AWS that make managing finances easy and engaging.

Financial Inclusion 112

Financial Inclusion Underserved Database Mobile Banking 112

Fintech Finance

MAY 16, 2024

The launch of the Coopbank Mastercard and introduction of Community Pass marks a crucial evolution in Ethiopia’s financial sector, driven by a shared commitment to innovation and accessibility. Community Pass is currently live in five markets globally and has registered over five million users.

Financial Inclusion 52

Financial Inclusion Visa Innovation Online and Mobile Banking 52

Fintech Review

JULY 10, 2024

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. Potential for Financial Inclusion: Bridging the Gap DeFi holds immense promise for fostering financial inclusion by providing services to underserved populations.

Finance 97

Finance Financial Inclusion Underserved Blockchain 97

Fintech Review

NOVEMBER 6, 2024

In response, fintech companies are stepping up, using digital innovation to provide banking solutions to the unbanked and underbanked. Fintech companies are now focusing on these underserved populations, aiming to break down financial barriers with innovative digital solutions. Data security and privacy are also paramount.

Financial Inclusion 110

Financial Inclusion FinTech Online and Mobile Banking Cross-Border Payments 110

Fintech News

SEPTEMBER 24, 2024

The collaboration aims to deliver essential services to underserved populations while enhancing offerings for digital-savvy customers in more developed markets. Featured image credit: Edited from Freepik The post audax and Synpulse Partner to Modernise Banking Infrastructure appeared first on Fintech Singapore.

Financial Inclusion 108

Financial Inclusion Embedded Finance APACS Underserved 108

The Fintech Times

NOVEMBER 12, 2024

It aims to build innovative solutions that address existing challenges, all the while helping to drive sustainable growth and development in the region. This presents a significant opportunity to support the founders who are not only driving innovation, but also addressing the unique challenges and opportunities of the region.

Stablecoins 100

Stablecoins Cross-Border Financial Inclusion Underserved 100

Fintech Finance

AUGUST 15, 2024

Zip (ASX: ZIP), a digital financial services company offering innovative, people-centered products, today announced its integration as a payment method for U.S. BNPL has firmly established itself as a mainstream payment option, and Zip’s innovative and inclusive approach is revolutionizing access to the retail economy.

Financial Inclusion 98

Financial Inclusion BNPL Underserved Innovation 98

Fintech News

JANUARY 15, 2024

According to Lendable, the investment was made as it “recognises Validus’s potential in fulfilling the region’s SME financing needs through its innovative approach” This latest announcement comes on the heels of Validus’ recent S$20 million investment from growth-stage private equity firm 01Fintech.

Underserved 99

Underserved Underwriting Finance AI 99

The Fintech Times

SEPTEMBER 2, 2024

Both firms aim to make credit services more inclusive for underserved market segments, such as micro, small, and medium-sized enterprises (MSMEs). ” Supporting underserved businesses and communities In recent years, Brazil has made significant progress in financial inclusion.

Financial Inclusion 71

Financial Inclusion AI Underserved Underwriting 71

Fintech Finance

NOVEMBER 20, 2024

This partnership between Tarabut and Geidea sets the stage for both companies to collaboratively explore and develop groundbreaking solutions that could create new, more efficient and accessible financing opportunities that empower SMEs – including those underserved by traditional financial services – across the Kingdom of Saudi Arabia to thrive.

Finance 94

Finance Point-of-Sale (POS) Financial Inclusion SARS 94

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 104

Finance Security Underserved Financial Inclusion 104

Fintech Finance

OCTOBER 18, 2024

These innovations are closely aligned with BRI’s ongoing mission to provide affordable and customer-focused financial products, particularly for traditionally underserved communities. The post BRI Partners with Nium to Expand Real-Time Cross-Border Payment Solutions appeared first on FF News | Fintech Finance.

Cross-Border Payments 116

Cross-Border Payments Cross-Border Payment Solutions Real Time Payments 116

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. The post NOW Money Partners with Mastercard to Empower Customers with Enhanced Financial Access appeared first on Fintech Finance.

Visa 98

Visa Financial Inclusion Fraud Detection Financial Literacy 98

Fintech Finance

OCTOBER 24, 2024

The award recognizes JazzCash’s innovative approach, the first of its kind globally, allowing over 350,000 merchants and businesses to accept payments from contactless cards or smartphones with a simple tap on an NFC-enabled Android device. The ceremony was held on the sidelines of the Mastercard EDGE 2024 event in Dubai. ” J.K.

Visa 98

Visa Point-of-Sale (POS) Economy Digital Payments 98

Fintech Finance

JULY 26, 2024

Additionally, Mamo will use the funds to begin testing its innovative product lines in the Kingdom of Saudi Arabia, further extending its regional footprint. The post Mamo Secures $3.4mln to Enhance Financial Services for SMEs appeared first on FF News | Fintech Finance. We are proud to partner with them and support their mission.”

Security 98

Security Underserved FinTech Product 98

Fintech Finance

JULY 18, 2024

Joining the round as a new investor is Turkish VC firm Logo Ventures, along with returning investors Finberg, the corporate venture investment division of Turkish bank Fibabank, and Re-Pie Asset Management, underscoring strong market confidence in wamo’s potential and its innovative SME solutions.

Underserved 98

Underserved Security Cross-Border Payments Cross-Border 98

Fintech News

MARCH 11, 2024

The company aims to focus on innovation and catering to underserved market segments. Karen Low Karen Low, CEO of DCS Card Centre said, “Following our successful business transformation in the past year, we have entered an exciting next phase of growth with a robust pipeline of product launches and innovative initiatives ahead.

Security 96

Security Underserved Credit Cards Visa 96

The Fintech Times

SEPTEMBER 19, 2024

It will provide localised digital banking services to everyone, including the underserved. Chatu Mongol Sonakul , advisor of the consortium and former governor, Bank of Thailand said, “I welcome the Bank of Thailand’s initiative to invite new market entrants to foster greater innovation and competition in the financial sector.

Financial Inclusion 58

Financial Inclusion Underserved Interoperability Multi-Currency 58

Fintech Finance

OCTOBER 29, 2024

With only 48% of the adult population in Africa banked, according to the African Digital Banking Transformation Report ( [link] ), the collaboration between Orange and Mastercard is designed to accelerate financial access, contributing to the financial empowerment of underserved communities.

Visa 97

Visa Digital Payments Financial Inclusion Online and Mobile Banking 97

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. Wave Money’s 58,000 agents, most of whom are women, play a crucial role in extending services to these underserved regions.

Financial Inclusion 101

Financial Inclusion FinTech Underserved Central Bank 101

The Fintech Times

JUNE 23, 2024

The partnership is aligned with Visa’s growth and innovation strategy of enhancing access to capabilities for 850 million digital natives across MEA. We believe in empowering underbanked consumers by providing them with innovative, secure payment solutions.

Financial Inclusion 58

Financial Inclusion Security Underserved Regulations 58

Fintech Finance

JULY 23, 2024

” “This not only underscores our commitment to innovation, but also aligns seamlessly with our vision of fostering a borderless financial ecosystem where moving money everywhere is instant, reliable and compliant, especially to underserved consumers. We estimate that we are reaching 600m unbanked consumers.”

SWIFT 98

SWIFT Cross-Border Cross-Border Payments Accounts 98

Fintech Finance

OCTOBER 29, 2024

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. The post Geidea and Tpay Partner to Transform Digital Payments in KSA, Egypt, & UAE appeared first on FF News | Fintech Finance.

Digital Payments 98

Digital Payments Financial Inclusion Payments Underserved 98

The Fintech Times

AUGUST 14, 2024

Attendees will also experience innovative integrations of artificial intelligence, blockchain, XR, and decentralised systems, driving the progression of digital economies and technological innovation. billion unbanked individuals globally, bridging this gap as well as providing essential financial services to underserved populations.

AI 105

AI Financial Inclusion Finance Underserved 105

The Fintech Times

NOVEMBER 13, 2024

DigMo , which is licensed by the Bank of Zambia to operate a wallet, plans to support underserved users by providing access to engaging products with incentives. Sylvia Brune , CEO of DigMo Group, said: “We are committed to financial planning innovation for low and middle-income earners across Africa.

Accounts 58

Accounts Financial Inclusion Underserved Compliance 58

The Fintech Times

MARCH 1, 2024

This March, The Fintech Times is turning its focus towards insurtech, shedding light on the innovative advancements and sustainable initiatives within the insurance sector. Dive into the collaborative efforts between startups and traditional insurers to drive innovation and meet the evolving needs of consumers.

FinTech 63

FinTech Financial Inclusion Underserved Mitigation 63

Center for Payments

OCTOBER 20, 2023

The Impact of Innovation on Financial Inclusion The fintech industry has witnessed significant advancements in recent years. Innovations such as blockchain technology, artificial intelligence, and biometrics have revolutionized the way financial services are delivered.

Financial Inclusion 40

Financial Inclusion Cybersecurity Innovation Online and Mobile Banking 40

Fintech News

MARCH 24, 2024

Central to this partnership is a shared dedication to innovation, which underscores our mutual commitment to its success. This financial support is instrumental in propelling our continuous efforts to meet the unique financial requirements of underserved communities across Southeast Asia.”

Finance 105

Finance Security BNPL Underserved 105