Fintech News

AUGUST 12, 2024

This growth will be supported by improvements in digital and financial literacy, making these investments more accessible to a broader audience. The digital lending space is expected to grow on the back of advancements in credit assessment and underwriting, aided by AI and machine learning (ML).

Embedded Finance 112

Embedded Finance FinTech Non-Bank Cross-Border 112

The Fintech Times

JANUARY 28, 2025

Using alternative data sources removes the dependency on ‘credit history; and means banks can carry out faster and higher quality risk assessment and affordability analysis, expanding access to financing for those with limited banking backgrounds.

Service Provider 59

Service Provider FinTech Underserved Innovation 59

The Fintech Times

DECEMBER 9, 2023

. “In the coming year, I anticipate a new regulatory approach to start challenging financial services providers in the UK and beyond: the shift towards outcome-based regulation, a progression from foundational efforts like the UK’s Consumer Duty.

Consumer 111

Consumer Financial Literacy Regulations AI 111

Neopay

JUNE 24, 2024

Through the Joint Committee, the ESAs explored and monitored potential emerging risks for financial market participants and the financial system as a whole. The ESAs published a thematic report on the implementation of national financial education initiatives across the EU, focusing on digitalisation, cybersecurity, scams, and fraud.

Legal Framework 40

Legal Framework Financial Literacy Consumer Protection Risk Assessment 40

The Fintech Times

AUGUST 1, 2024

It’s key features are its privacy, support, and increased engagement, services and financial literacy. It achieves this by assessing users’ financial situations and providing actionable steps to solve their problems.

Advisors 59

Advisors AI Privacy Financial Literacy 59

Fintech News

OCTOBER 28, 2024

Finalists in the corporate categories were evaluated based on impact, sustainability, practicality, interoperability, and creativity, while individual submissions were assessed on contributions to the Singapore fintech sector. Four finalists were shortlisted in each category.

AI 107

AI FinTech Innovation Payment APIs and Integration 107

Fintech News

DECEMBER 20, 2023

Separately, MAS is collaborating with the International Finance Corporation (IFC) and the World Economic Forum on initiatives to advance digital inclusion through financial services, with the aim of reducing inequalities for people and smaller businesses in emerging and developing economies.

FinTech 108

FinTech Cross-Border CBDC Web 3.0 108

The Fintech Times

APRIL 29, 2024

. “Taking this a step further would be customising financial offerings to meet the unique requirements of various sectors. This may involve personalised pricing, credit assessment methods, or providing financial education materials to empower businesses to make informed decisions.

Embedded Finance 64

Embedded Finance Financial Inclusion Finance Alternative Payment Methods 64

The Fintech Times

APRIL 20, 2024

Regulation could include fee and interest limits, consumer affordability assessments, and audits of advertising and contracts. If both consumers and BNPL providers exercise caution, demand regulation, and increase financial literacy, the trend may continue to boom for years to come.”

BNPL 72

BNPL Regulations On-Demand Checks 72

EBizCharge

MAY 16, 2025

A cornerstone of financial literacy within a business is mastering the profit and loss (P&L) statement, a crucial document that summarizes revenues, costs, and expenses over a specific period. By reviewing a P&L report, businesses can assess operating income and evaluate crucial profit margins.

Small Business 52

Small Business Accounts Assessments Legal 52

M2P Fintech

FEBRUARY 16, 2025

Financial analysts attribute this growth to several factors, including the rising adoption of digital wallets and mobile payments, improved credit assessment models, increased regulatory oversight, and growing consumer demand for flexible and inclusive payment options. billion by the end of 2025.

FinTech 52

FinTech Embedded Finance Blockchain BNPL 52

Fi911

AUGUST 31, 2023

Key information includes: Finance Charges: The complete cost of the loan, including interest and other charges assessed over the term of repayment. For instance, the law was drafted before the advent of online lending and digital financial products, which may require new types of disclosure or protection.

Consumer Financial Protection Bureau (CFPB) 52

Consumer Financial Protection Bureau (CFPB) Online and Mobile Banking Risk Mitigation Non-Bank 52

Nanonets

SEPTEMBER 22, 2023

By implementing effective strategies and closely monitoring these components, businesses can optimize cash flow, strengthen vendor and customer relationships, and ultimately improve their overall financial performance. A: These accounts play a crucial role in a company's financial health.

Accounts 52

Accounts Fraud Prevention Process Financial Literacy 52

Nanonets

APRIL 3, 2024

And, just like Robinhood and commission-free trading democratized trading and investing, ChatGPT is also capable of democratizing wider financial literacy by making complex topics easily understood and digestible. ChatGPT can accept a range of data input formats, including PDFs and direct URLs, so feeding the LLM this info is simple.

Finance 52

Finance Use Case Fed Financial Analysis 52

FICO

FEBRUARY 12, 2023

Frame your financial literacy content accordingly. Understanding the action-effect relationship is crucial to creating a solution that enables you to assess the likely impact of multiple alternative scenarios on key performance metrics. Remember these key rules: You have 7 seconds to make your first impression.

Posting 52

Posting Online and Mobile Banking Credit Limit Risk 52

Fintech Labs Insights

AUGUST 22, 2024

Neener Analytics: Social media analytics for risk assessment, expanded into new financial markets. Yodlee (now Envestnet Yodlee): Enhanced data aggregation for financial services, expanded insights capabilities. MoneyDesktop (now MX): Continued to provide financial management tools, increased focus on user experience.

Online and Mobile Banking 15

Online and Mobile Banking Acquirers Payment APIs and Integration AI 15

CB Insights

OCTOBER 26, 2020

To do this, they look at examples of comparable companies that have gone public, projecting how the company may perform in the future, and assessing how much funds may be willing to pay to invest. Going public is a significant liquidity event for a company, but is also a complex legal event.

Underwriting 78

Underwriting Research Online and Mobile Banking Non-Bank 78

PYMNTS

JANUARY 14, 2017

But, said John Pelletier, director of the Center for Financial Literacy at Champlain College, the experience of coming of age during the Great Recession — a financial crisis born of bad debt — was formative. It is an upbeat assessment. One problem with Pelletier’s assessment is that it is somewhat belied by other data.

Credit Cards 40

Credit Cards Financial Literacy Economy Federal Reserve 40

Fintech News

NOVEMBER 17, 2024

The eight financial indicators where DINKs trail parents DINKs scored 33 on retirement planning compared to 44 for parents, highlighting a key area of concern. The survey assessed measurable actions, financial virtues, and undesirable habits influencing financial health.

Financial Literacy 108

Financial Literacy Treasury Credit Cards Assessments 108

The Payments Association

FEBRUARY 17, 2025

While open banking revolutionised account-to-account, peer-to-merchant and peer-to-peer paymentsalong with account verification and aggregationopen finance is expanding the scope of data sharing across a broader financial ecosystem. Robo-advisors : using algorithms to align investments with an individuals risk appetite and wealth objectives.

Finance 88

Finance Innovation Payment APIs and Integration API 88

The Fintech Times

NOVEMBER 17, 2024

Elizabeth McCluskey, managing director of discovery fund at TruStage Ventures “By making financial tools and guidance more accessible, they’re giving more consumers the opportunity to build and manage their wealth effectively. .

Financial Inclusion 59

Financial Inclusion Financial Literacy Micro-Entry Advisors 59

The Fintech Times

JANUARY 16, 2025

For instance, in the UK, rental payment history is not used to assess a consumers suitability for mortgages. 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.”

FinTech 88

FinTech Advisors AI Underserved 88

Finovate

JANUARY 3, 2025

AI can analyze large datasets to assess whether investments meet Islamic criteria, streamlining a process that would otherwise be time-intensive and complex. Through Musaffa Academy , we offer tailored courses in financial literacy andIslamicfinance, equipping our users with the knowledge to make informed decisions.

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

Following your recent expansions into Pakistan and Turkey, how do you assess which markets to enter next? We look for markets that have large financially underserved populations. What initiatives is MNT-Halan undertaking to drive financial literacy and long-term financial inclusion across the region?

Underserved 72

Underserved Payment APIs and Integration Financial Literacy Financial Inclusion 72