Fintech News

APRIL 3, 2024

According to the report, digital financial services carry significant potential to advance women’s financial inclusion. When designed appropriately, fintech solutions can directly address access and usage barriers for women, supporting their financial goals and needs.

Financial Inclusion 128

Financial Inclusion FinTech Financial Literacy Non-Bank 128

Fintech Review

DECEMBER 31, 2024

This regulatory flexibility allowed non-banking institutions to offer financial services. Consequently, Kenya witnessed a surge in mobile payment adoption, improving financial access for underserved populations. Brazils Central Bank actively engages with international regulators while addressing domestic challenges.

FinTech 111

FinTech Regulations Best Practices Central Bank 111

Faster Payments Council

APRIL 29, 2021

April is Financial Literacy Month, when the nation is focused on spreading financial literacy education to help consumers understand how to better manage money. Adam Telem, Vice President, Product Management, Mastercard, who moderated the session underscored a key concept being addressed by the FPC. "It

Financial Inclusion 68

Financial Inclusion Faster Payments FPC Financial Literacy 68

Fintech News

FEBRUARY 26, 2024

In Asia Pacific, the lack of a skilled workforce and poor digital and financial literacy were also factors, however this trend can also be observed globally. The commitment to financial inclusion remains a cornerstone of the fintech value proposition.

FinTech 143

FinTech Consumer Financial Inclusion On-Demand 143

The Fintech Times

OCTOBER 2, 2024

Financial literacy However, a significant challenge persists – financial literacy, particularly regarding concepts like savings. Addressing this challenge is crucial for promoting financial inclusion and stability across the region. Examples include EasyEquities in South Africa, boasting over 1.4

Financial Literacy 64

Financial Literacy FinTech Financial Inclusion Underserved 64

The Fintech Times

JANUARY 31, 2025

Many fintechs and financial institutions often make big claims that they can enhance support to the previously underserved, positively impact the environment, or improve peoples lives in many other ways. But often, firms fall short of these claims. It requires measurable goals and a clear path towards continual improvement.

FinTech 64

FinTech Audit Financial Inclusion Advisors 64

The Fintech Times

JULY 28, 2024

. “SteelWave Digital can further bridge the financial accessibility gap by expanding its strategic partnerships with global liquidity providers to enhance capital flows into underserved markets.

FinTech 92

FinTech Financial Inclusion Online and Mobile Banking Financial Literacy 92

The Fintech Times

MARCH 5, 2024

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.

Financial Literacy 64

Financial Literacy Financial Inclusion Underserved FinTech 64

The Fintech Times

FEBRUARY 16, 2024

Paystand.org is rooted in Paystand’s mission: to decentralise the financial system, transforming businesses toward a better economy. The initiative addresses the serious challenges facing emerging economies globally in financial inclusion. per cent.

Bitcoin 72

Bitcoin Blockchain Economy Financial Inclusion 72

The Fintech Times

MAY 21, 2024

Additionally, legacy identity verification systems struggle with biases in name matching, incorrect address normalisation, and inadequate coverage for localized address formats common in areas where many legal immigrants live. The industry must come together to prioritise financial inclusion.”

Verification 59

Verification Identity Theft Legal Financial Literacy 59

Fintech News

DECEMBER 20, 2023

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). The program components include financial literacy and capacity building, access to financing, and expanded trade opportunities.

FinTech 109

FinTech Cross-Border CBDC Web 3.0 109

PYMNTS

OCTOBER 21, 2020

Speaking with PYMNTS, Sohn offered insight into why prepaid debit cards are a valuable solution to not only address the payroll needs of underbanked professionals, but strengthen the employer-employee relationship while bringing more people into the digital economy. Paper Checks And The Underbanked. A professional may be coming to the U.S.

Payroll 56

Payroll Debit Card Online and Mobile Banking Checks 56

The Fintech Times

OCTOBER 3, 2024

This includes promoting literacy, eliminating poverty and promoting vibrant financial institutional operations in Papua New Guinea. In 2014, the government set up the National Financial Inclusion and Financial Literacy Strategy. CEFI is also funded by the Bank of Papua New Guinea (the country’s central bank).

Financial Inclusion 52

Financial Inclusion Financial Literacy Government Governance 52

Fintech News

JANUARY 22, 2025

Jessica echoed these sentiments, adding that the true potential of open banking lies in its ability to create a more inclusive financial ecosystem. Open banking could drive significant advancements in financial inclusion across underserved markets. However, their role is undoubtedly evolving.

Cross-Border 120

Cross-Border Payment APIs and Integration AI Financial Inclusion 120

The Fintech Times

JANUARY 16, 2025

Additionally, fintechs can promote financial literacy, endorse sustainable digital practices that help close accessibility gaps, address underserved communities, and support meaningful charitable initiatives that help those in need.” For instance, clear communication and fair pricing are a must.

FinTech 88

FinTech Advisors AI Underserved 88

The Fintech Times

JANUARY 18, 2025

Another significant challenge is implementing sustainable practices and commitment to financial inclusion. “While the potential of financial inclusion is significant, expanding into underserved areas presents barriers such as financial illiteracy and limited access to technology.

FinTech 59

FinTech Financial Inclusion Underserved Cybersecurity 59

Finovate

JANUARY 3, 2025

With the rise of digital banking and mobile payment platforms tailored to the needs of Muslim consumers, financial services are now reaching communities that were previously underserved. These tools are designed not just to help Muslims invest, but also to empower them to understand and take control of their financial journeys.

Finance 97

Finance On-Demand Compliance Non-Bank 97

The Fintech Times

MAY 15, 2025

The company plans to establish an internship programme for Emirati talent, launch financial literacy initiatives for students and educators and introduce an international exposure programme for UAE Nationals. Alongside investment in technology and infrastructure, Alpheya is also committed to nurturing local talent.

Financial Literacy 45

Financial Literacy FinTech Innovation Embedded Finance 45

The Fintech Times

NOVEMBER 23, 2024

Based in Cairo, the company’s approach centres on using its proprietary API First Core Banking platform to provide accessible financial services to underserved communities. Now the seventh-largest financial institution in Egypt, MNT-Halan holds over 25 per cent of the country’s microfinance market.

Underserved 72

Underserved Payment APIs and Integration Financial Literacy Financial Inclusion 72