Fintech Finance

JUNE 24, 2024

This makes it much easier than traditional banks that often require proof of address to get a bank card. By embracing cutting-edge technology, the partnership has allowed Mama Money to fast-track innovation in the market while maintaining the highest levels of regulatory compliance.

Bank Card 98

Bank Card Regulatory Compliance Cross-Border Financial Inclusion 98

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 143

FinTech Consumer Financial Inclusion On-Demand 143

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

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

JUNE 11, 2024

Under-representation Kate Hampton, chief strategy officer, NMI Kate Hampton, chief strategy officer at embedded payments solutions provider NMI, said: “Having worked in the technology and payments sector for almost two decades, I have gained a deep understanding of the critical importance of addressing DEI within the fintech industry.

FinTech 119

FinTech Innovation Finance Cross-Border Payments 119

The Fintech Times

FEBRUARY 8, 2024

To deliver financial solutions that empower Latin America, we must address the region’s fragmentation with due diligence and recognise not only divergent demands from each country, but also the diverse needs of the banks and their respective stakeholders.

Product 69

Product Payment APIs and Integration Due Diligence Small Business 69

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

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

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.

Compliance 43

Compliance Legal Payments Due Diligence 43

PYMNTS

JUNE 11, 2019

“Consumer banking has become very commoditized, but small businesses are still very underserved.” In the case of Axos Bank, for instance, the FI addresses small business banking pain points by lowering the cost of using these traditional payment tools.

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

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. “To address these inefficiencies, new approaches and technologies are necessary.

Cross-Border Payments 69

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

Finextra

JUNE 30, 2025

Stablecoins may fundamentally transform how money moves across borders, addressing long-standing pain points in traditional payment systems, delivering reduced costs, speeding up settlements, and increasing financial inclusion.

Stablecoins 52

Stablecoins Finance Cross-Border Payment APIs and Integration 52

Fintech Review

NOVEMBER 6, 2024

Fintech companies are now focusing on these underserved populations, aiming to break down financial barriers with innovative digital solutions. Fintech companies are addressing this barrier with alternative credit scoring. Fintech companies are addressing this issue through digital identity solutions.

Financial Inclusion 111

Financial Inclusion FinTech Online and Mobile Banking Blockchain 111

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 Fraud Detection 105

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 119

Cross-Border Payments Cross-Border Fraud Prevention Value Added Service 119

Fintech News

JANUARY 22, 2025

Open banking could drive significant advancements in financial inclusion across underserved markets. Taruni described branches as becoming experience centres designed to address specific customer needs, such as financial education and community engagement. However, their role is undoubtedly evolving.

Cross-Border 122

Cross-Border Payment APIs and Integration AI Financial Inclusion 122

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. These solutions address gaps in traditional banking infrastructure. They provide streamlined, technology-driven financial services.

Embedded Finance 59

Embedded Finance FinTech Payment APIs and Integration Financial Inclusion 59

M2P Fintech

APRIL 29, 2025

Microfinance institutions (MFIs) play a crucial role in driving financial inclusion by providing a suite of financial services tailored specifically for the underserved and unbanked populations in remote and rural areas. Responsive support services efficiently address borrower queries, enhancing overall satisfaction.

Technology 52

Technology Assessments Risk Assessment Compliance 52