PYMNTS

JANUARY 6, 2021

Getting there, he told Webster, involves expanding financial inclusion through digital transactions that, effectively are — for the merchants and consumers involved– free. Central banks around the globe are in the process of actively developing, or at least mulling, the issuance of digital fiat, directly into digital wallets (the U.S.

Central Bank 145

Central Bank Financial Inclusion Wire Transfer Payments 145

Fintech Finance

JUNE 5, 2025

In a strategic move to accelerate digital payments, financial inclusion, and modernizing the country’s payment ecosystem, BPC , a global leader and payment solutions provider, is announcing the expansion of its operations in Nigeria.

Financial Inclusion 83

Financial Inclusion Non-Bank Economy Digital Payments 83

Fintech Finance

NOVEMBER 21, 2024

Digital currency systems could prove to be key in improving financial inclusion and opening up new opportunities to large underbanked communities in many African countries. Financial innovation is not limited to central banks. by 2024.

Payment Networks 98

Payment Networks Digital Payments Digital Currency Innovation 98

The Fintech Times

SEPTEMBER 27, 2024

In 2021, the military overthrew the elected government of Aung San Suu Kyi and her National League for Democracy party, sparking ongoing protests and unrest. Western nations have imposed various sanctions on the ruling junta, including restrictions on their access to financial services.

Financial Inclusion 102

Financial Inclusion FinTech Underserved Central Bank 102

Clearly Payments

AUGUST 29, 2024

Central Bank Digital Currencies (CBDCs) have received attention in recent years as central banks worldwide explore the potential to evolve the way we conduct financial transactions. Europe : The European Central Bank (ECB) is actively working on a digital euro. What Are CBDCs?

Central Bank 105

Central Bank Digital Currency CBDC Cross-Border Payments 105

Fintech News

JANUARY 9, 2025

Indonesia has reached a significant milestone in its journey toward exploring the potential of Central Bank Digital Currencies (CBDCs) with the completion of the Proof of Concept (PoC) for the wholesale Digital Rupiah under the auspices of Bank Indonesias Project Garuda.

Distributed Ledger Technology (DLT) 127

Distributed Ledger Technology (DLT) Multi-Currency Interoperability ISO 20022 127

Fintech News

JUNE 5, 2025

From Singapores Smart Nation initiative to Australias Consumer Data Right (CDR) and Indonesias open banking ambitions, governments across the region are actively promoting digital transformation within the financial sector.

Payment APIs and Integration 108

Payment APIs and Integration APACS Financial Inclusion Push-to-Card 108

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. Despite this digital advancement, only seven per cent of the population utilises traditional financial services.

FinTech 59

FinTech Financial Inclusion Online and Mobile Banking Central Bank 59

Fintech News

SEPTEMBER 3, 2024

Thailand’s Prime Minister Paetongtarn Shinawatra announced that a portion of the government’s 450 billion baht (US$13.1 The digital handout, a central part of the ruling Pheu Thai Party’s election platform, aims to stimulate the Thai economy, which grew by 2.3%

Adjustments 119

Adjustments Government Governance Central Bank 119

Clearly Payments

OCTOBER 31, 2024

America Biometric Payments 2 Global, especially mobile-first markets Cash Payments 5 Emerging Markets, some developed regions Central Bank Digital Currencies (CBDCs) 1 Asia, Caribbean Credit Cards Overview : Credit cards allow consumers to make purchases on credit, paying later and often with interest.

Online and Mobile Banking 98

Online and Mobile Banking RTP BNPL Debit Card 98

The Fintech Times

MARCH 4, 2025

The use of keys and QR codes make the technology accessible to unbanked people and businesses while it adheres to the highest security standards, promoting innovation, financial inclusion and minimising fraud. How is Bre-B building on the success of Pix in LatAm to accelerate financial inclusion?

Real Time Payments 64

Real Time Payments Financial Inclusion Cross-Border Central Bank 64

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. Government backing The Cambodian government is embracing fintech with ambitious initiatives.

Financial Inclusion 69

Financial Inclusion FinTech Central Bank Online and Mobile Banking 69

The Fintech Times

SEPTEMBER 24, 2024

The country is focusing on fintech solutions like mobile payments and cross-border systems to boost financial inclusion and economic growth. Despite government efforts to boost economic growth through tighter monetary and fiscal policies and stronger foreign exchange controls, restoring macroeconomic stability remains a challenge.

Financial Inclusion 64

Financial Inclusion Digital Payments Cross-Border Central Bank 64

The Fintech Times

MAY 27, 2024

ZainCash Iraq , a payment service provider and subsidiary of March Holding , has implemented Temenos’ core banking and payments platform to drive the growth and innovation of its digital payment services. The post ZainCash Adopts Temenos Technology to Expand Financial Inclusion in Iraq appeared first on The Fintech Times.

Financial Inclusion 59

Financial Inclusion Payment APIs and Integration Technology Central Bank 59

The Fintech Times

JANUARY 18, 2025

The Saudi Central Bank (SAMA) has teamed up with Google to roll out Google Pay in 2025 through the national payment system ‘mada’ This agreement is part of SAMA’s initiatives to improve the digital payments infrastructure in Saudi Arabia, consistent with the goals of Saudi Vision 2030.

Financial Inclusion 59

Financial Inclusion Central Bank On-Demand Agreements 59

Fintech Finance

SEPTEMBER 27, 2024

This strategic partnership aims to empower Trinidad and Tobago to establish a reliable and efficient real-time payments platform for both person-to-person (P2P) and person-to-merchant (P2M) transactions, expanding digital payments in the country and fostering financial inclusion.

Real Time Payments 98

Real Time Payments Financial Inclusion Central Bank International Payments 98

The Fintech Times

MAY 29, 2024

Cryptocurrencies, central bank digital currencies (CBDCs) and stablecoins remain prominent and continue to see innovation worldwide; particularly in the Middle East and Africa (MEA). By leveraging cryptocurrencies, these individuals gain access to financial tools and services previously unavailable to them.

Digital Currency 111

Digital Currency CBDC Cross-Border Payments Cross-Border 111

Fintech Finance

AUGUST 27, 2024

Mexipay will utilize ACI’s Digital Central Infrastructure solution, part of the award-winning ACI Enterprise Payments Platform, to address the need for enhanced real-time payment services.

Instant Payments 97

Instant Payments Real Time Payments ISO 20022 Financial Inclusion 97

The Fintech Times

NOVEMBER 4, 2024

The nation’s fintech journey began at least as early as 1990 when Nepal Arab Bank (now known as NABIL Bank ) introduced credit cards. Regarding digital payment systems in Nepal, mobile banking boasts the largest number of customers (over 23 million), while digital wallets follow closely behind (21 million).

Continuity 59

Continuity FinTech Payment Service Provider (PSP) Mobile Banking 59

The Fintech Times

OCTOBER 10, 2024

On the flip side, 20 per cent of the adult population used informal sources to access financial services. There is room for optimism Time for change There have been various government initiatives across the region to help bring about greater financial inclusion. appeared first on The Fintech Times.

Financial Inclusion 52

Financial Inclusion FinTech Credit Union Economy 52

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 Governance Government 52

Fintech Finance

MARCH 5, 2024

Mastercard with Central Bank of Jordan (CBJ) collaborates to develop a payment ecosystem digitization blueprint for the country. The Central Bank of Jordan will benefit from Mastercard’s global expertise to accelerate economic and payments digitization and improve acceptance.

Central Bank 52

Central Bank Visa Digital Payments Financial Inclusion 52

PYMNTS

JULY 26, 2020

of India (NPCI) that facilitates inter-bank transactions, has propelled the growth of online payments, the Financial Times (FT) reported. UPI was established by the central bank and is owned by a group of local lenders. Its proponents insist UPI has revolutionized financial inclusion in the county of 1.4

Volume 123

Volume Digital Payments Transactions Online and Mobile Banking 123

Fintech News

JULY 3, 2024

The project team has developed a comprehensive governance framework and scheme rulebook to ensure compliance with diverse regulatory requirements. The NSO will be wholly owned by the central banks and/or instant payment systems in the participating countries, depending on the specific domestic structures.

Cross-Border Payments 117

Cross-Border Payments Cross-Border Instant Payments Central Bank 117

Fintech Review

MAY 10, 2025

Despite the rise of fintech , banks still play a central role in the economy. They hold deposits, extend loans, process payments, and connect financial markets. They also maintain relationships with governments, corporations, and regulators that fintech firms cannot easily replicate. It is a tool of strategic power.

Central Bank 52

Central Bank FedWire Push-to-Card Regulations 52

Clearly Payments

JANUARY 4, 2024

Unlike traditional currencies issued by governments and central banks, cryptocurrencies are typically based on blockchain technology, a distributed ledger that records all transactions across a network of computers. By accepting cryptocurrency payments, merchants contribute to a more inclusive global economy.

Cryptocurrency 105

Cryptocurrency Stablecoins Digital Currency Cross-Border Payments 105

Payments Source

JANUARY 7, 2020

Facebook’s Libra cryptocurrency project has drawn vast political pushback, but also more tangible government action as nations globally consider central bank supported digital currencies. It’s also sparking a potential bottom-up approach in New York.

Digital Currency 112

Digital Currency Central Bank Cryptocurrency Governance 112

PYMNTS

DECEMBER 2, 2019

The Central Bank of Sri Lanka has a call out for tech companies that can help it develop a blockchain-based know-your-customer (KYC) platform. The bank made the announcement on its website on Nov. It is expected that this would facilitate several potential use-cases that will increase efficiencies in the financial sector.

Central Bank 53

Central Bank Blockchain Use Case Financial Inclusion 53

Fintech Finance

FEBRUARY 2, 2024

Network International (Network), the leading enabler of digital commerce across the Middle East and Africa (MEA) region, has announced that it has obtained a Major Payment Institution (Major PI) licence from the Saudi Central Bank (SAMA) that will strengthen the acquirer’s foothold in the Kingdom.

Central Bank 52

Central Bank Payments Financial Inclusion Payment Networks 52

The Fintech Times

OCTOBER 23, 2024

According to the World Bank , the country has a gross domestic product per capita of around $2,389 – while its economy is reliant on energy resources in the Timor Sea. Tackling these challenges Despite these challenges, the fintech industry could certainly play a role in improving financial inclusion for citizens of Timor-Leste.

Financial Inclusion 101

Financial Inclusion FinTech Credit Union Financial Literacy 101

PYMNTS

DECEMBER 7, 2018

In its newest report, the EU Blockchain Forum (EUBF) noted that government bodies need to home in on two aspects of the blockchain to help the technology fully actualize: That is, the institutions need to have digital national currencies as well as systems for digital identity, The Next Web reported.

Blockchain 75

Blockchain Central Bank Digital Currency Blocks 75

Fintech Review

DECEMBER 31, 2024

They encourage innovation, attract investment, and increase financial inclusion. The Central Bank of Kenya introduced regulations enabling mobile money systems like M-Pesa to thrive. This regulatory flexibility allowed non-banking institutions to offer financial services.

FinTech 111

FinTech Regulations Best Practices Central Bank 111

PYMNTS

SEPTEMBER 15, 2020

Central bank digital coins on the Continent – but plenty of room for cash. In Berlin, where last week saw a two-day meeting of financial officials from Europe, central bankers discussed digital payments and the confines of digital, national currencies.

CBDC 91

CBDC Risk Central Bank Digital Currency 91

The Fintech Times

NOVEMBER 9, 2024

Back in 2012, Sri Lanka had the highest financial inclusion rate in South Asia with two-thirds of its population having access to formal financial accounts. Furthermore, there were major tax cuts which further dampened much-needed government revenues. Could fintech be the catalyst it needs to see a revival?

Economy 96

Economy Online and Mobile Banking Central Bank Financial Inclusion 96

The Fintech Times

NOVEMBER 7, 2024

The country hosts eight banks, with the domestic state-owned bank, the Bank of Maldives (BML), accounting for 51 per cent of total assets. As the country has significant numbers of foreign tourists, coupled with Maldivians who work and study overseas, PayPal could prove helpful for cross-border transfers and payments.

FinTech 59

FinTech PayPal Financial Inclusion Financial Literacy 59

Open Banking Excellence

JULY 1, 2024

With the UK government continuing to support the UK’s broader fintech environment and promote open banking innovation, Open Banking in a Box will champion the UK’s world-leading open banking standards and make the case for greater cross-border interoperability that will benefit UK PLC and support financial inclusion globally.

Use Case 130

Use Case Regulations Cross-Border Best Practices 130

PYMNTS

JULY 2, 2020

OPay , the SoftBank -backed African eCommerce and payments company, has suspended its Nigerian operation, citing the coronavirus pandemic and also a government ban, Bloomberg reports. The Central Bank of Nigeria has been looking to license more payment providers, PYMNTS reported last December.

Online and Mobile Banking 79

Online and Mobile Banking Central Bank Governance Government 79