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Fintech Solutions for SMEs: Unlocking Growth Potential

Fintech Review

Traditional banks often view SMEs as high-risk due to limited credit history and collateral. Despite their significant contributions to GDP and employment, SMEs in emerging markets remain underserved by traditional banking. For these businesses, securing a loan can be challenging, time-consuming, and costly.

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Embedded Finance Is Making Payments Easier for Everyone Across Asia

Fintech News

Think about how easy it is to order a ride on Grab, book a hotel on Agoda, or pay for groceries on Shopee without even needing to pull out your credit card or open a banking app. The region has become a hotbed for embedded finance, thanks to its mobile-first economy and digitally savvy population.

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Epos Now Partners with Lloyds Cardnet

Fintech Finance

Businesses can now process payments across multiple channels – including in-person, online, mobile, and over the phone – with greater speed, efficiency and security. The unified platform streamlines operations, reduces transaction times, and enhances the overall customer experience.

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Kueski Launches In-Store Mobile Payments to Support Underserved Banking Customers in Mexico

The Fintech Times

Kueski , the buy now, pay later (BNPL) and online consumer lender in Latin America, has launched an in-store version of Kueski Pay, which will become available to all consumers by the end of Q2 of 2024, to offer them the ability to complete transactions through the Kueski mobile app, regardless of internet connection, in physical stores.

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Who Are The Applicants for Thailand’s Virtual Banking License?

Fintech News

Thailand is moving closer to welcoming its first virtual banks, with the Bank of Thailand (BOT) currently accepting applications for the virtual banking license. With the deadline looming on the 19th of September 2024, speculations are rife for Thailand’s virtual banking license applicants.

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How ‘Smart Bank Transfers’ Can Help Streamline B2B Payments

PYMNTS

The pandemic has exposed the pain points of all verticals when it comes to payments, and especially when it comes to transacting in person, in a tactile environment, with cash, and where banking conduits are limited. Banks have been inching into the space; cash still remains a hallmark. Looking Toward Underserved Markets .

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How is Senegal Leveraging Fintech to Overcome Major Inclusion and Economic Challenges?

The Fintech Times

Mobile phone usage in Senegal has surpassed 60 per cent this year. The majority of traditional financial services infrastructure, such as ATMs and point-of-sale terminals, are concentrated in the capital city of Dakar, leaving rural areas underserved. appeared first on The Fintech Times.

FinTech 59