The Fintech Times

JANUARY 20, 2025

In it, the AFC urged the FDIC to withdraw the proposal stating that if enacted, the act could stifle responsible innovation and harm consumers without addressing broader market concerns. Underserved consumers relying on these services would be the ones feeling this impact the most.

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FDIC Regulations Innovation FinTech 104

The Fintech Times

NOVEMBER 12, 2024

It aims to build innovative solutions that address existing challenges, all the while helping to drive sustainable growth and development in the region. This presents a significant opportunity to support the founders who are not only driving innovation, but also addressing the unique challenges and opportunities of the region.

Stablecoins 101

Stablecoins Cross-Border Financial Inclusion Underserved 101

Fintech News

DECEMBER 11, 2024

Since Singapore launched its first digital bank in 2022, five digital banksGXS Bank, MariBank, ANEXT Bank, Green Link Digital Bank, and Trust Bankhave entered the market, challenging traditional banking models and reintroducing fintech innovation to Singapore’s financial landscape.

Underserved 113

Underserved Regulatory Compliance Innovation Financial Inclusion 113

Fintech News

DECEMBER 10, 2023

Whether you are a small business owner or a multinational financial institution, the central challenge remains consistent—ensuring that payment instructions are accurate and complete. To address this issue effectively, having a reliable source of truth for payment data is indispensable.

Addressing 120

Addressing Fraud Prevention Financial Inclusion Payments 120

Fintech Finance

MAY 14, 2025

LuLu Financial Holdings , a leading global financial services conglomerate, has partnered with Abhi Middle East Limited to enhance financial inclusion and improve access to timely remittance solutions.

Financial Inclusion 76

Financial Inclusion Cross-Border Embedded Finance Underserved 76

FICO

MAY 7, 2018

The FICO team was excited to lead the Financial Inclusion track that focused on how to responsibly expand credit access to previously unscorable consumers. A key point that the experts underscored during the Financial Inclusion sessions at LendIt was that expanding financial inclusion is a win-win proposition.

Financial Inclusion 77

Financial Inclusion Innovation Credit Risk Underserved 77

The Fintech Times

NOVEMBER 14, 2024

Félix Pago uses blockchain and artificial intelligence (AI) to power its chat-based platform which makes financial services more accessible for those in historically underserved regions. The person sending the money tells the chatbot on WhatsApp, either in writing or by voice note, how much money they want to send and to whom.

Visa 64

Visa Financial Inclusion Cryptocurrency Cross-Border 64

Fintech Review

NOVEMBER 27, 2024

Additionally, founders and owners may lack the financial tools and expertise needed to manage cash flow effectively, further complicating their growth potential. Despite their significant contributions to GDP and employment, SMEs in emerging markets remain underserved by traditional banking.

FinTech 105

FinTech Cross-Border Cross-Border Payments Online and Mobile Banking 105

Fintech Finance

JANUARY 13, 2025

Through strategic partnerships with innovative players such as Kalabash, KaiOS, Boost, Smile ID, as well as partnerships with financial institutions like Access Bank and Fidelity Bank to enhance cross-border payment solutions, Mastercard has been instrumental in driving financial inclusion and digital transformation in Ghana.

Visa 98

Visa Financial Inclusion Cross-Border Payments Cross-Border 98

Faster Payments Council

APRIL 29, 2021

During our Spring Conference earlier this month, we held a session called, "Faster Payments: Accelerating Financial Inclusion." Adam Telem, Vice President, Product Management, Mastercard, who moderated the session underscored a key concept being addressed by the FPC. "It But that is what we can address with education."

Financial Inclusion 68

Financial Inclusion Faster Payments FPC Financial Literacy 68

Fintech Finance

JUNE 7, 2024

Faster Payments Council (FPC) , a membership organization devoted to advancing safe, easy-to-use faster payments in the United States, has announced the publication of its latest industry resource, the Faster Payments and Financial Inclusion survey report.

Financial Inclusion 64

Financial Inclusion Faster Payments FPC Cross-Border Payments 64

The Fintech Times

FEBRUARY 4, 2025

Senegal is one of many countries across the Middle East and Africa trying to diversify its economy and future-proof itself by hosting financial inclusion by employing fintech solutions. However, Senegal remains a developing economy with significant challenges in financial inclusion , particularly in rural areas.

FinTech 59

FinTech Financial Inclusion Online and Mobile Banking Central Bank 59

Fintech News

SEPTEMBER 1, 2024

The funds will be used to expand financial access for micro, small, and medium enterprises (MSMEs) in Indonesia through Validus’ Indonesian subsidiary, Batumbu. This funding aims to support Indonesian MSMEs by providing them with more accessible financing options, addressing financial barriers, and helping to drive economic growth.

Financial Inclusion 123

Financial Inclusion Underserved Small Business Finance 123

The Fintech Times

MARCH 26, 2024

As insurers strive to meet the evolving needs of a digitally-savvy customer base while addressing the persistent challenge of financial inclusion, they are increasingly turning to fintech solutions. “Insurance policies and products can often be complex, high-touch, and very time consuming. .

Underserved 115

Underserved FinTech Financial Inclusion Risk 115

The Fintech Times

JANUARY 13, 2025

We often explore how fintechs are changing the banking and payments landscapes, and sometimes look into how their solutions are supporting financial inclusion and helping people develop healthy financial habits. “By aligning their services with societal needs, fintechs can tackle financial exclusion and inequality.

FinTech 59

FinTech Financial Inclusion Underserved Blockchain 59

The Fintech Times

SEPTEMBER 22, 2024

Cambodia is leveraging fintech innovations and strategic reforms to boost economic growth, financial inclusion and international partnerships, positioning itself as a key player in the Southeast Asian digital economy. Despite these advancements, about 30 per cent of the adult population remains underserved in financial services.

Financial Inclusion 69

Financial Inclusion FinTech Central Bank Online and Mobile Banking 69

Fintech News

JULY 1, 2024

The collaboration between Oikocredit and Validus aims to address the significant SME funding gap in Indonesia, where many small businesses struggle to access funds from commercial banks due to data and risk issues. This funding will enable Validus’ Indonesian subsidiary, Batumbu , to expand its reach and support more local businesses.

Finance 113

Finance Security Underserved Financial Inclusion 113

Fintech News

FEBRUARY 26, 2024

For instance, women in these regions are 20% less likely to have a formal financial account, and smallholder farmers, who produce over 30% of the world’s food, often lack access to essential financial services. The DFA Initiative aims to address these challenges through several key strategies.

Financial Inclusion 105

Financial Inclusion Finance Financial Literacy Underserved 105

Fintech News

FEBRUARY 10, 2025

How Agentic AI Can Transform Fintech Operations Potential Use Case Without Agentic AI With Agentic AI Customer engagement Rule-based chatbots provide scripted responses and struggle with context retention AI-driven financial assistants adapt to user behaviour, proactively offer personalised insights, and autonomously act (e.g.,

AI 86

AI FinTech Fraud Detection Fraud Prevention 86

Fintech Finance

OCTOBER 9, 2024

The British fintech company Pockit and the pan-European fintech Monese today announce that they have agreed terms for Pockit to acquire Monese, subject to Change in Control approval by the FCA, creating the leading fintech for the financially underserved and lower-middle-income consumers across the UK and Europe.

Underserved 64

Underserved Acquirers FinTech Multi-Currency 64

The Fintech Times

APRIL 22, 2024

Codebase Technologies , a UAE-based fintech platform provider, has launched its ‘Digibanc SME Financing’ platform to address the needs of underserved Micro, small, and medium-sized enterprises (MSMEs) across MENA and APAC.

Underserved 69

Underserved Finance Technology APACS 69

Fintech Finance

JULY 30, 2024

The Mastercard Ghana Fintech Forum aimed to address these issues, fostering engagement and innovation to drive financial inclusion. “At At Mastercard, we believe in the power of collaboration to overcome unique market challenges, drive innovation, and foster growth in the financial sector. “The

Contactless Payments 98

Contactless Payments Cybersecurity Visa FinTech 98

Fintech Review

JULY 10, 2024

These platforms leverage blockchain technology to create open, accessible, and secure financial systems that operate without the need for intermediaries like banks. As a result, DeFi is gaining traction rapidly due to its ability to provide financial services to those who have been historically underserved by conventional banking systems.

Finance 97

Finance Financial Inclusion Underserved Blockchain 97

Fintech News

AUGUST 20, 2024

These offerings cater to various lifestyle needs and aim to provide financial protection at affordable rates. For example, critical illness insurance starts at just 70 baht per month, addressing the growing demand for accessible health coverage in Southeast Asia.

Financial Inclusion 116

Financial Inclusion Underserved On-Demand Product 116

Faster Payments Council

FEBRUARY 18, 2021

Faster Payments Council (FPC), a membership organization devoted to advancing faster payments in the United States, today announced it has launched two new FPC Work Groups: Financial Inclusion and Real-Time Recurring. For more information on the FPC, its current work efforts or to join, visit FasterPaymentsCouncil.org.

Financial Inclusion 68

Financial Inclusion Faster Payments FPC Cross-Border Payments 68

Fintech Finance

MARCH 5, 2025

It means our product strategy consistently aligns with key challenges and opportunities in Africa, addressing issues like financial literacy, seamless and safe transacting, fragmented payment systems, and the high cost of infrastructure upgrades in traditional banking.

Finance 52

Finance Financial Inclusion Financial Literacy Acquirers 52

Fintech News

APRIL 24, 2025

From digital payments to decentralised finance (DeFi), these companies are solving real-world challenges like financial inclusion and cross-border transactions, while setting new global standards for innovation. Each plays a key role in transforming how Indonesians save, spend, invest, and access financial services.

FinTech 138

FinTech Online and Mobile Banking Payment APIs and Integration Finance 138

Fintech Finance

AUGUST 15, 2024

million active customers and more than 79,000 merchants across the United States, Australia and New Zealand,1 Zip continues to promote financial inclusion by making everyday spending, cash flow management, budgeting – and the ability to cover unexpected expenses – accessible.

Financial Inclusion 98

Financial Inclusion BNPL Underserved Economy 98

The Fintech Times

OCTOBER 3, 2024

To make sure more people have access to these services, the government of Papua New Guinea has been putting a focus on financial inclusion. It was established to act as the industry’s apex organisation for coordinating, advocating and monitoring all financial inclusion activities in the country.

Financial Inclusion 52

Financial Inclusion Financial Literacy Government Governance 52

The Payments Association

MAY 27, 2025

At EML Payments, were committed to reshaping how people access financial services, especially those underserved by mainstream finance. This new solution marks an important step forward in addressing financial exclusion and helping people manage lifes necessities with dignity and control.

Underserved 88

Underserved Financial Inclusion Payments Finance 88

PYMNTS

AUGUST 8, 2018

JPMorgan is setting up a financial inclusion lab in India through a partnership with the Indian Institute of Management Ahmedabad’s (IIMA) Centre for Innovation, Incubation and Entrepreneurship (CIIE). According to FinTech Futures , the $9.5

Financial Inclusion 40

Financial Inclusion Underserved FinTech Consulting 40

The Fintech Times

OCTOBER 30, 2024

While this represents a significant step forward, should financial inclusivity have moved further ahead by now? “With over 20 million underserved adults in the UK, it’s time to rethink access barriers. “Improving inclusivity means rethinking outdated regulations— particularly in the consumer credit market.

Financial Inclusion 59

Financial Inclusion Embedded Finance Non-Bank Consumer 59

Fintech News

FEBRUARY 26, 2024

The research points out that this diversity in views reflects the sector’s resilience, with many firms identifying opportunities for expansion, especially into underserved markets. The commitment to financial inclusion remains a cornerstone of the fintech value proposition.

FinTech 143

FinTech Consumer Financial Inclusion On-Demand 143

Fintech News

FEBRUARY 14, 2024

The collaboration between IFC and Thai Credit Bank not only aims to address these financial barriers but also intends to offer tailored non-financial services, including training and networking opportunities for WMSMEs.

Financial Inclusion 113

Financial Inclusion Non-Bank Underserved Finance 113

The Fintech Times

JANUARY 28, 2025

We often explore how fintechs are changing the banking and payments landscapes, and sometimes look into how their solutions are supporting financial inclusion and helping people develop healthy financial habits. But the financial sector isn’t just about numbers, algorithms, and transactions.

Service Provider 59

Service Provider FinTech Underserved Innovation 59

Fintech Finance

MAY 16, 2024

These initiatives are set to significantly enhance digital and financial inclusion across the country, particularly Ethiopia’s smallholder farmers. The deployment of Mastercard’s Community Pass technology represents a transformative step for digital inclusion in rural and underserved areas.

Financial Inclusion 52

Financial Inclusion Visa Innovation Online and Mobile Banking 52

Fintech Finance

NOVEMBER 13, 2024

This collaboration will introduce Félix Pago’s digital remittance services and Mastercard-powered payment solutions in El Salvador, Honduras, Guatemala, and the Dominican Republic, significantly broadening financial access in these historically underserved regions.

Visa 80

Visa Financial Inclusion Underserved Cryptocurrency 80