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Toward financial inclusion: Shaping a national strategy for the UK

The Payments Association

With 44% of UK adults facing financial vulnerability, a national strategy seeks to close the gap through policy, innovation, and education. In December 2024, HMT announced the appointment of a Financial Inclusion Committee, tasked with advising the government on developing the first-ever National Financial Inclusion Strategy.

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Tradition and Technology: Bhutan’s Journey into Fintech and Financial Inclusion

The Fintech Times

Banks By 2020, Bhutan’s financial sector included five banks, three insurance companies, one CSI bank, five microfinance institutions, one pension institution, two telecom companies as well as a single stock exchange. According to the 2022 Bhutan Living Standards Survey Report, 95 per cent of households own a smartphone, 99.6

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AfricaNenda Launches 2024 Annual Report: Advancing Inclusive Instant Payment Systems for Broader Financial Inclusion in Africa

Fintech Finance

The report highlights key milestones, insights, and the organizations transition into an independent foundation, further strengthening its ability to drive financial inclusion across the continent. Yet, half of African adults still lack access to IIPS, making it difficult for many to send and receive money affordably and reliably.

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Fintech is Failing at Financial Inclusion for Women

Fintech News

The report, titled “Her Fintech Edge: Market Insights for Inclusive Growth”, explores the representation of women within fintech portfolios and the factors influencing, and examines the performance of women customers compared to overall portfolios, considering loyalty, customer lifetime value (CLV), and default rates.

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Lune: Artificial Intelligence Key to Unlocking Financial Inclusion

The Fintech Times

Financial inclusion is a critical issue, but simply providing access to financial products isn’t enough. True inclusion requires financial literacy, empowering individuals to make informed decisions. per cent of US families netting between $35,000 to $49,999 annually.

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Central Bank of Egypt Approves Meeza Prepaid Cards From PayMint to Advance Financial Inclusion

The Fintech Times

Approving the launch aligns with the Central Bank of Egypt’s efforts to collaborate with more fintechs to provide solutions that advance financial inclusion in line with the Egyptian government’s vision. Founded in 2019, PayMint continues to offer fintech services to support small and medium enterprises across Egypt.

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Payments Innovation in Indonesia to Drive Economic Growth and Financial Inclusion

Fintech News

The figure represents a 10% increase from US$286 billion GTV in 2022, the data show. This infrastructure, which was launched in 2019, has considerably helped boost digital payment usage, with Doku reporting a fourfold increase in e-money transactions on its platform in 2022, compared with 2021. year-over-year (YoY), reaching 10.3