The Payments Association

DECEMBER 18, 2024

Payment technology and innovation are accelerating across the fintech industry, with more companies recognising the importance of adapting to changing customer needs, with non-cash transactions projected to hit 2.3 This transformation will enable low-cost access to financial systems, empowering underserved communities and fostering inclusion.

Cross-Border 88

Cross-Border AI Push-to-Card Real Time Payments 88

Fintech News

JUNE 9, 2024

Partnerships with leading financial institutions, including Credit Saison, Bank Sampoerna, and Superbank, have further supported its growth. JULO also recently expanded its offerings by launching non-credit products such as insurance and continues to build on these new services.

Financial Inclusion 114

Financial Inclusion Underserved Non-Bank Returns 114

Fintech News

NOVEMBER 11, 2024

Revenue of digital financial services in Southeast Asia by vertical, Source: 2024 e-Conomy SEA, Google, Temasek and Bank and Company, Nov 2024 Digital lending: the main driver of fintech revenue In particular, digital lending remained the biggest revenue driver in Southeast Asia’s DFS industry. fold between 2022 and 2024 to US$11 billion.

NOV 132

NOV Non-Bank Debit Card P2P 132

PYMNTS

SEPTEMBER 30, 2020

As returns from cash management offers are forecasted to drop 12 percent, trade finance revenues for banks are poised to fall by 8 percent in 2020. But a somewhat fast bounce-back for transaction banking revenues is forecasted to take place next year, the Global Trade Review (GTR) reported, citing a Greenwich Associates report.

Finance 95

Finance Non-Bank Underserved Cash Management 95

Fintech Finance

SEPTEMBER 24, 2024

Bank Alfalah, one of Pakistan’s largest commercial banks has already invested in Qist Bazaar, leading the seed round. ” Strategic Backing from Industry Leaders Qist Bazaar has benefitted from an early equity partnership with Bank Alfalah, which led their seed round. billion in assets under management (AUM).

BNPL 104

BNPL Underserved Non-Bank Finance 104

PYMNTS

SEPTEMBER 30, 2020

House committee this week began reviewing the idea of allowing the likes of Amazon or Facebook to receive charters to operate as banks — an idea that’s already gotten plenty of pushback from traditional financial institutions (FIs). However, the banking industry doesn’t like that one bit. “We Specific Concerns .

Office of the Comptroller of the Currency 139

Office of the Comptroller of the Currency OCC Non-Bank Regulations 139

Fintech News

FEBRUARY 14, 2024

million (THB 844 million) in Thai Credit Bank Public Company Limited to boost small business financing in the country with a particular focus on women-owned or led firms. The investment, a part of the Thai Credit Bank’s Initial Public Offering (IPO), marks IFC’s first foray into the Thai banking sector as a cornerstone investor.

Financial Inclusion 111

Financial Inclusion Non-Bank Underserved Finance 111

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).

Financial Inclusion 104

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

Wharton Fintech

DECEMBER 6, 2023

Brear — the banking battlefield, fintech for SMEs & financial ecosystems globally In today’s episode, Kailee Costello hosts David Brear, the CEO and co-founder of 11:FS and one of the hosts of the Fintech Insider podcast. The banking battlefield. We discussed strategies that incumbent banks can take to stay competitive.

Underserved 130

Underserved Non-Bank FinTech Regulations 130

The Fintech Times

MARCH 18, 2025

He will advise on PayFutures expansion strategy, as it targets high-growth underserved markets across the Middle East, Africa, South East Asia and Latin America. Global insurtech bolttech has appointed Ridhi Chaudhary , chief investment officer, Dragon Fund by Liquidity and MUFG , to its board as a non-executive director.

FinTech 59

FinTech Payment APIs and Integration Non-Bank APACS 59

PYMNTS

OCTOBER 19, 2020

Although the COVID era continues to have an outsized impact on small businesses, frontline lending experts say SMBs have recently begun to catch a break when it comes to getting loans through FinTechs and other non-bank lenders. In contrast, the big banks have gone in the other direction.”.

AI 120

AI B2B Underwriting Non-Bank 120

The Fintech Times

JANUARY 7, 2025

The lending market, which consists of duly registered non-bank digital lenders and digital banks, is set to see much larger growth than previous years. Digido revealed that in terms of market structure, non-bank digital lenders are expected to make up 55.2 per cent or $451million. per cent or $451million.

Non-Bank 64

Non-Bank Online and Mobile Banking Underserved On-Demand 64

FICO

OCTOBER 25, 2016

Unfortunately, an estimated 3 billion people worldwide fall outside the credit mainstream – they either don’t have a bank account or they have so little data at the credit bureau that lenders may skip over them, or classify them as very high risk. The path to a better lifestyle includes access to credit.

Financial Inclusion 104

Financial Inclusion Risk Underserved Non-Bank 104

The Fintech Times

JANUARY 21, 2025

EAZY Financial Services ‘EazyPay’, a Bahraini financial institution specialising in point-of-sale (POS) and online payment gateway acquiring services, has teamed up with Tarabut , the MENA region’s regulated open banking platform. Conister Bank Limited has launched an online deposit system for its UK retail customers.

FinTech 59

FinTech Payment APIs and Integration Multi-Currency Online and Mobile Banking 59

Finextra

OCTOBER 17, 2024

Fingular, a Singapore-based global neobank, is getting ready to rapidly launch an innovative digital lending business in Bangladesh through a strategic partnership with a local licensed Non-Banking Financial Institution, with disruptive long-term goals in accelerating financial inclusion in one of the most financially underserved country around the (..)

Financial Inclusion 52

Financial Inclusion Underserved Non-Bank Innovation 52

Fintech News

JULY 23, 2024

The list, produced by CNBC in collaboration with market research firm Statista, highlights the world’s top 250 fintech companies across eight market categories: payments, wealthtech, business process solutions, neobanking, alternative finance, financial planning, digital assets and banking solutions. billion (US$4.4

FinTech 132

FinTech Online and Mobile Banking Multi-Currency Non-Bank 132

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.

Financial Inclusion 76

Financial Inclusion Credit Union Underserved Non-Bank 76

Fintech News

MAY 20, 2024

The event will explore cybersecurity careers within the banking, finance, and fintech sectors, particularly in response to the increasing frequency of cyber attacks. The session will be moderated by Urs Bolt, a Fintech and Banking Expert.

FinTech 135

FinTech Embedded Finance BNPL On-Demand 135

M2P Fintech

MARCH 24, 2025

Borrowers can now apply for loans, track progress, and make payments through digital platforms and mobile apps, eliminating the need for physical branches and banking hours. Open banking is revolutionizing finance, driven by API standardization and strong security. billion in 2024 to an impressive $1,074.12 billion by 2032.

Payment APIs and Integration 52

Payment APIs and Integration Blockchain Regulatory Compliance Compliance 52

FICO

MARCH 25, 2020

Home Credit , a global non-bank consumer lender, has successfully reduced its credit risk while maintaining loan volumes and keeping approval rates steady by incorporating the FICO® Score X Data to optimize its loan process in China.

Risk 97

Risk Financial Inclusion Point-of-Sale (POS) Risk Assessment 97

Fintech News

DECEMBER 12, 2024

An industry survey conducted for the report found that 67% of fintech founders in India prefer VD, neck-and-neck with bank loans, with 80% stating that VD constitutes more than 11% of their raised debt capital. Essentially, the fintech startup places a deposit with the bank, which acts as a safety net to absorb initial borrower defaults.

FinTech 98

FinTech Embedded Finance Payment APIs and Integration NOV 98

Fintech Review

DECEMBER 31, 2024

The Central Bank of Kenya introduced regulations enabling mobile money systems like M-Pesa to thrive. This regulatory flexibility allowed non-banking institutions to offer financial services. Consequently, Kenya witnessed a surge in mobile payment adoption, improving financial access for underserved populations.

FinTech 111

FinTech Regulations Best Practices Central Bank 111

Fintech News

APRIL 3, 2024

Data from the World Bank’s Global Findex Database reveal that, in 2021, men were 6% points more likely than women to use digital payments, a gender gap that had remained consistent across developing economies since 2014 in part because of the broader gender gap in access to digital services.

Financial Inclusion 126

Financial Inclusion FinTech Financial Literacy Non-Bank 126

Finovate

AUGUST 9, 2024

. “With their global expertise and reach within the financial inclusion space, they will be instrumental in further expanding GCash’s social impact, especially to the underserved. This week, Bloomberg reported that the company may pursue a Philippine digital banking license , as well.

Electronic Funds Transfer (EFT) 106

Electronic Funds Transfer (EFT) Cross-Border Payments Financial Inclusion Cross-Border 106

PYMNTS

DECEMBER 4, 2020

4) chose four firms to receive digital banking licenses, including “digital full bank” licenses for Singapore-based Sea Ltd. to receive “digital wholesale bank” licenses. to receive “digital wholesale bank” licenses. MAS expects the new digital banks to commence operations in early 2022.

Underserved 65

Underserved Non-Bank Authorization Small Business 65

Finovate

MARCH 7, 2025

As a proliferation of payment options promises to streamline banking and commerce, regulators, fintechs, and financial services companies are looking for ways to make sure that the challenges to these new payment optionsfrom technical complexity to new forms of fraud and financial crimeare met. And thats a really positive development.

Payments 52

Payments Push-to-Card Online and Mobile Banking P2P 52

PYMNTS

AUGUST 12, 2019

The bank guarantees invoice payments and has a “PayArmour” feature for same-day funding, which is available as an app in Google Play and the Apple App Store. “We Our platform not only saves time, but also reduces uncertainty and mitigates the risk of late and non-payment.”. economy,” said Accion CEO Michael Schlein.

Underserved 57

Underserved FDIC Non-Bank Payments 57

The Fintech Times

JANUARY 31, 2025

Many fintechs and financial institutions often make big claims that they can enhance support to the previously underserved, positively impact the environment, or improve peoples lives in many other ways. But often, firms fall short of these claims.

FinTech 64

FinTech Audit Financial Inclusion Financial Literacy 64

Fintech News

OCTOBER 28, 2024

It enables financial institutions, especially those without core banking systems or with systems lacking API integration, to manage bulk transactions. Integrated with bank accounts and digital wallets in Pakistan, Hakeem provides customers with easy disbursement options. ThitsaWorks Pte.

AI 106

AI FinTech Innovation Payment APIs and Integration 106

PYMNTS

OCTOBER 1, 2018

Challenger bank Tide wants the U.K. to allow eMoney non-bank institutions to be able to compete for Royal Bank of Scotland (RBS) bail out funds , according to reports. Prill said this structure may actually reinforce leading banks’ existing market advantages. The Daily Telegraph reported Sunday (Sept.

FinTech 64

FinTech Non-Bank Underserved Small Business 64

PYMNTS

NOVEMBER 23, 2020

Blockchain and a bank charter might do much to boost financial inclusion. Figure Pay, he said, is not built on traditional banking structures but “is a blockchain rail and a digital wallet that we think is infinitely more cost-efficient.”.

Financial Inclusion 86

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

PYMNTS

NOVEMBER 3, 2020

But as PYMNTS reported in September , Chinese regulators have been boosting their scrutiny of non-bank financial companies. trillion RMBs for consumers and 422 billion RMBs for small businesses, as the company originates loans in turn underwritten by partner banks.

NOV 79

NOV Origination Small Business Non-Bank 79

The Fintech Times

SEPTEMBER 2, 2024

The digital banking scene in the Middle East and Africa (MEA) is undergoing a significant transformation, with neobanks and challenger banks emerging as key players in reshaping financial services. It’s worth noting that digital banks can fall into either category, whether neobanks or challenger banks.

Non-Bank 64

Non-Bank FinTech Visa Underserved 64

PYMNTS

SEPTEMBER 24, 2019

JPMorgan Chase is committing $25 million to its Financial Solutions Lab in an effort to help grow and develop FinTech solutions for people in underserved communities. The financial institution is also opening a new branch in Harlem that is specially designed for the community it serves, the bank said in a press release.

FinTech 51

FinTech Underserved Non-Bank Continuity 51

PYMNTS

APRIL 30, 2020

This exposes these SMBs to all types of risks, from security to cash flow management, and is the direct result of banks and credit unions (CUs) being unwilling or unable to provide financial services to these companies. “This is a banking problem.” “This is a banking problem.” A Gradual Comfort Level.

Legal 78

Legal Credit Union Cannabis Banking Non-Bank 78

FICO

SEPTEMBER 28, 2017

These “credit invisibles” don’t have credit cards, bank accounts or credit history — so how can a lender assess their risk? Our partnership with EFL is intended to deliver a unique product to FICO’s clients by helping them reach the estimated 3 billion people around the world who are unscorable and underserved by financial institutions.

Credit Risk 74

Credit Risk Assessments Online and Mobile Banking Risk 74

PYMNTS

JANUARY 8, 2021

This time around, the SBA is prioritizing underserved groups such as minority-owned businesses and will only accept applications from community financial institutions during the first two days after its loan portal opens, said Lendio CEO Brock Blake in an article for Forbes.

Small Business 64

Small Business Payroll Credit Union Underserved 64