Remove 2023 Remove Financial Literacy Remove Underserved
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Toward financial inclusion: Shaping a national strategy for the UK

The Payments Association

Creating a recognisable symbol of outstanding quality, safety, and trust for organisations supporting underserved consumers would drive trust among the public and generate a better understanding of community finance solutions. million UK adults have poor financial literacy, and recent research by the FCA revealed that 14.6

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Fintech in Singapore: 2023 in Review

Fintech News

In 2023, Singapore actively pursued key initiatives across various domains in the financial sector. Finally, partnerships were inked to pursue artificial intelligence (AI) opportunities, increase financial access and address challenges faced by micro, small and medium-sized enterprises (SMEs). and advancing talent.

FinTech 109
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Wealthtech and Investing in the Middle East and Africa 2024

The Fintech Times

Despite global economic challenges impacting the fintech sector, including wealthtech, investment in the wealthtech sector dropped to less than $200million in 2023. Financial literacy However, a significant challenge persists – financial literacy, particularly regarding concepts like savings.

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ETA Releases Annual Report on Advancing Economic Inclusion – Empowering Underserved Communities with Fintech

Electronic Transactions Association

FEBRUARY 21, 2023 – The Electronic Transactions Association (ETA), the trade association for the payments technology industry, today released its annual white paper outlining a variety of financial technology products and services that have broadened access to the payments and financial services ecosystems. WASHINGTON, D.C.

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Fintech is Failing at Financial Inclusion for Women

Fintech News

It draws on a survey of 114 fintech firms across 17 countries, as well as interviews with leaders from 25 fintech firms, conducted between November 2022 and February 2023. According to the report, digital financial services carry significant potential to advance women’s financial inclusion.

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More Than Half the Fintech Industry Seeing Growth from Strong Consumer Demand

Fintech News

billion in 2022, plus a further plunge to US$39 billion in 2023, as per CB Insights — has seen fintechs in certain regions noting the poor funding outlook as a hindrance to better growth. The commitment to financial inclusion remains a cornerstone of the fintech value proposition. billion in 2021 to US$77.5

FinTech 143
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In Profile: Rajat Dayal, CEO of Yabx

The Fintech Times

Yabx has been on this journey to build this credit infrastructure ground up and enable financial access for the underserved. Our platform leverages alternate data sources, enhanced digital journeys, and real-time decisioning to drive responsible growth in the financial sector. million consumers and MSMEs through the platform.