Fintech News

FEBRUARY 26, 2024

While a majority view their regulatory landscape as adequate, with 63% of surveyed fintechs rating it favourably (with 36% even lauding their regulatory environment as a major supporting factor of their operational growth in recent years), a considerable segment finds aspects of regulatory compliance, licensing, and registration to be burdensome.

FinTech 142

FinTech Consumer Financial Inclusion On-Demand 142

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. PayFuture , the payments technology platform connecting global businesses with emerging markets, has appointed Praful Morar as deputy CEO.

FinTech 59

FinTech Payment APIs and Integration Non-Bank APACS 59

Fintech News

OCTOBER 28, 2024

This year’s awards categories were updated to emphasize measurable impact, with a focus on contributions to areas like financial inclusion and regulatory compliance. RCBC also launched RCBC Barangayan (village/community) Banking, blending human touch with digital finance to reach underserved communities. Elven Group Pte.

AI 106

AI FinTech Innovation Payment APIs and Integration 106

The Fintech Times

JUNE 25, 2024

By launching the Mama Money Card (costing R100 with R25 monthly fees), Access Bank, Paymentology , and Mama Money demonstrate their commitment to using tech for good that empowers underserved communities through access to critical financial services.

Bank Card 64

Bank Card Finance Cross-Border Regulatory Compliance 64

Fintech Review

JULY 16, 2024

Fintech firms can develop services for underserved populations, such as individuals without access to traditional banking services. Regulatory compliance is crucial to ensure that data sharing practices adhere to legal standards and protect consumer rights. It also promotes financial inclusion.

Innovation 98

Innovation Consumer API Financial Inclusion 98

PYMNTS

APRIL 30, 2019

In the May Credit Union Tracker , PYMNTS explores the latest developments in the CU space, including new partnerships, technological innovations and expansions into previously underserved areas. The new tech is intended to aid in authenticating identities, regulatory compliance, lending and payments.

Credit Union 63

Credit Union CRM Regulatory Compliance Underserved 63

The Fintech Times

JUNE 11, 2024

They understand that diverse teams are essential for driving innovation, reaching underserved markets, enhancing trust, attracting top talent, ensuring regulatory compliance, and reflecting the diversity of global markets. ” The post Why is Diversity and Inclusion Important in Fintech?

FinTech 119

FinTech Innovation Finance Cross-Border Payments 119

Fintech News

JULY 23, 2024

This approach has enabled CapBay to provide over MYR 3 billion (US$643 million) in financing to more than 1,700 underserved SMEs across 20 diverse industries. Known for its industry-leading standards in regulatory compliance, security, and privacy, Crypto.com continues to expand its global reach and regulatory approvals.

FinTech 132

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

PYMNTS

APRIL 30, 2020

. “We’re still years off, but when it becomes federally legal, this will still remain a high-risk industry for banks and credit unions,” said Beuerlein, who pointed to the heavy regulatory compliance burden that FIs must carry if they’re going to expand their offerings to this market.

Legal 78

Legal Credit Union Cannabis Banking Non-Bank 78

The Fintech Times

JULY 19, 2024

Many underserved communities lack access to traditional banking services. Governance “Regulatory compliance: Navigating the complex and ever-changing regulatory landscape is always a major challenge for fintech firms. Fintech firms must design inclusive products that cater to the needs of various demographic groups.

FinTech 105

FinTech Privacy Financial Inclusion Regulations 105

Fintech News

DECEMBER 10, 2023

Tackling this challenge requires a multifaceted approach focusing on data accuracy, technology integration, fraud prevention, and balancing customer experience with regulatory compliance. Many nations within the region have recognised the transformative potential of extending financial services to underserved populations.

Addressing 117

Addressing Fraud Prevention Financial Inclusion Payments 117

PYMNTS

AUGUST 7, 2019

In a recent interview with PYMNTS, Thyagarajan said working with BBVA not only provides potential customers with a familiar brand — instilling customer trust from the get-go — but also eases the regulatory compliance and infrastructure burden on the FinTech.

Office of the Comptroller of the Currency 72

Office of the Comptroller of the Currency Payment APIs and Integration Federal Reserve Small Business 72

FICO

JANUARY 4, 2018

Explained author Campbell Scott , “The scoring methodology was developed by EFL Global and marketed by FICO as part of our FICO Financial Inclusion Initiative , designed to open up credit markets around the world to a larger number of unbanked and underserved consumers. Read the full post.

Risk 58

Risk Posting Credit Risk Regulatory Compliance 58

The Fintech Times

FEBRUARY 8, 2024

Large banks in emerging markets must begin with a vetted, reliable foundation When working with financial service providers, our process is to prioritise and invest in the highest industry standards and regulatory compliance, extending that to our financial clients and partners.

Product 69

Product Payment APIs and Integration Small Business Due Diligence 69

The Fintech Times

MARCH 16, 2024

AFC’s diverse members represent a cross section of responsible Fintech companies that embrace transparency and are rooted in regulatory compliance and consumer protection. AFC members are at the forefront of fostering competition in consumer finance and pioneering ways to better serve underserved consumer segments and geographies.

Community Banks 59

Community Banks Consumer Protection Regulatory Compliance FinTech 59

PYMNTS

JUNE 11, 2019

“Consumer banking has become very commoditized, but small businesses are still very underserved.” . “Small businesses pay higher fees, and there is less competition in small business banking — and more profitability, right now, than there is in consumer banking,” he said in a recent interview.

Office of the Comptroller of the Currency 60

Office of the Comptroller of the Currency Small Business Payment APIs and Integration Third-Party Service Provider 60

Fintech Finance

MARCH 22, 2024

Additionally, dealing with regulation is perhaps one of the most acute issues, given the lack of legal, regulatory, and operational consistency across global jurisdictions. A financial exclusion gap also still exists affecting underserved or unbanked communities. Build trust through regulatory compliance and digital innovation.

Visa 52

Visa Cross-Border Cross-Border Payments Financial Inclusion 52

PYMNTS

NOVEMBER 19, 2019

PayQwick Chief Operating Officer Bob Craig told PYMNTS in a recent interview that it’s not that financial institutions (FIs) don’t want to address this challenge and bank the underserved legal marijuana industry — it’s that the burden is so large that they are often unable to meet its requirements in-house. The Compliance Burden Proliferates.

Compliance 43

Compliance Legal Payments Due Diligence 43

The Fintech Times

FEBRUARY 19, 2024

As regulatory compliances are updated, fintechs and payment platforms with robust currency management programs, multiple licences and MCCY IBAN’s will become more popular with businesses engaged in global trade. Keeping up with regulations will also be vital. BIS Aurum) and interoperability solutions (e.g,

Cross-Border Payments 69

Cross-Border Payments Cross-Border Stablecoins Multi-Currency 69

Fintech Review

NOVEMBER 12, 2024

By joining forces, they can combine their strengths to improve financial services and reach underserved populations. Regulatory pressures also encourage these partnerships. Governments and regulatory bodies aim to increase financial inclusion and make services accessible to all.

FinTech 105

FinTech Financial Inclusion Regulatory Compliance Compliance 105

Fintech Review

NOVEMBER 6, 2024

Fintech companies are now focusing on these underserved populations, aiming to break down financial barriers with innovative digital solutions. By digitizing microfinance, fintechs are extending credit to underserved populations, supporting entrepreneurship, and encouraging economic growth.

Financial Inclusion 111

Financial Inclusion FinTech Online and Mobile Banking Cross-Border Payments 111

Fintech News

JANUARY 22, 2025

Open banking could drive significant advancements in financial inclusion across underserved markets. Frankie Wai, Temenos Regulatory and Ethical Challenges As the banking sector embraces technological advancements, the importance of ethical considerations and regulatory compliance is becoming increasingly apparent.

Cross-Border 117

Cross-Border Payment APIs and Integration AI Financial Inclusion 117

Fintech News

OCTOBER 27, 2024

Many countries that were previously underserved or had underdeveloped payment infrastructures are now emerging as key players in the global economy. Source: PayerMax PayerMax focuses on regulatory compliance in the cross-border payment arena, constantly enhancing payment security.

Cross-Border Payments 114

Cross-Border Payments Cross-Border Fraud Prevention Value Added Service 114

Finovate

APRIL 21, 2025

Business Banking Is Getting a UX Overhaul Small and mid-sized businesses have historically been underserved when it comes to having an elegant banking user experience. FinovateSpring is more than a showcase of new technology, it’s a preview of where the industry is headed.

Embedded Finance 66

Embedded Finance Disputes AI Fraud Detection 66

Open Banking Excellence

JANUARY 29, 2025

While the UKs Open Banking regulations were introduced as a way to boost competition, other countries have been focused on use cases that will actually drive adoptionwhether that is through digital payments or improving financial inclusion and making it easier for the underserved and micro SMEs to access credit.

API 130

API Payment APIs and Integration Innovation Cross-Border 130

Fintech Review

JANUARY 14, 2025

One of the growing trends, neobanks target underserved segments, including small businesses and freelancers. Digital solutions provide access to financial services for underserved populations. They provide streamlined, technology-driven financial services. Traditional banks feel the pressure to enhance their digital offerings.

Embedded Finance 59

Embedded Finance FinTech Payment APIs and Integration Financial Inclusion 59