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Central Bank Financial Inclusion Participant 
Fintech News
DECEMBER 5, 2024
Thai regulators approved the first cross-border payment solution using stablecoins in October, while the Philippine central bank launched a peso stablecoin pilot earlier this year. Pollak emphasized that stablecoins aim to modernize legacy financial systems rather than replace national currencies.
135 
The Payments Association
JUNE 3, 2025
Central bank digital currencies (CBDCs) have rapidly evolved from theoretical concepts into live pilots and national deployments. From Asia to the Caribbean and Europe, central banks are grappling with how to digitise public money while preserving trust, utility, and sovereignty.
88 
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.
145 
Fintech News
NOVEMBER 27, 2024
Deutsche Bank has joined the extended Series B funding round for blockchain-based fintech firm Partior , bringing the total raised to US$80 million and marking the close of the round. The Series B initially secured US$60 million in July 2024, led by Peak XV Partners, with participation from J.P.
116 
Fintech Finance
MARCH 24, 2025
Championed by the Central Bank of Somalia (CBS), the initiative marks a major step in modernising Somalia’s payment infrastructure, promoting financial inclusion and enhancing economic stability.
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.
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?
Fintech Finance
MARCH 24, 2025
Championed by the Central Bank of Somalia (CBS), the initiative marks a major step in modernising Somalia’s payment infrastructure, promoting financial inclusion and enhancing economic stability.
The Fintech Times
NOVEMBER 18, 2024
Buna enables financial institutions and central banks in the Arab region and beyond to send and receive payments in local and key international currencies in a secure, cost-effective and transparent environment. How does this partnership help Mastercard scheme participants work within the heavily fragmented MENA region?
Fintech News
NOVEMBER 12, 2024
The ninth edition of the Singapore Fintech Festival (SFF) wrapped up on 8th November, concluding a dynamic week-long of celebration of fintech that brought together tens of thousands of participants from around the world. The regulatory attributes are finalized, and the central bank is now working on legislation, he said.
109 
Neopay
MAY 28, 2025
Almost 70 market participants including merchants, fintech companies, start-ups, banks and other payment service providers have signed up to work with the ECB to explore digital euro payment functionalities and use cases. It is also developing potential use cases for day-to-day payments.
52 
Fintech News
JULY 3, 2024
This includes provisions for anti-money laundering (AML) and countering the financing of terrorism (CFT) measures, as well as accommodating different foreign exchange regulations across participating countries. Bank Indonesia (BI) will continue its association with the project as a special observer.
Fintech News
DECEMBER 11, 2023
This PoC involved executing real-time cross-border test transactions between various Central Bank Digital Currency (CBDC) systems. Meanwhile, the the direct model is where central banks manage wallets and settlements within a centralised CBDC system.
113 
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. According to ACI’s latest Prime Time for Real-Time report, 3.8
Fintech News
MARCH 17, 2025
This year, the summit will begin in Malaysia before moving to a series of Southeast Asian countries, bringing together industry leaders and experts under the theme “Revolutionising Banking and Insurance through Digitalisation.” Discussions will address regulatory challenges, financial inclusion, and evolving consumer expectations.
80 
Fintech Finance
SEPTEMBER 24, 2024
BancNet is the Clearing Switch Operator (CSO) for InstaPay, and has been authorized by the central bank as an Operator of a Designated Payment System (ODPS), with InstaPay being a Prominently Important Payment System (PIPS). This will allow institutions to launch their instant payments services to their customers more quickly.
The Fintech Times
MARCH 18, 2025
Seamless and affordable international alternative payment methods will empower individuals and businesses, fostering global economic participation. In 2025, PagBrasil received authorisation from the Central Bank of Brazil to operate as a payment institution (PI) in the electronic money issuer category.
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.
130 
The Fintech Times
JUNE 6, 2024
Project mBridge , a collaborative initiative involving multiple central banks and the Bank for International Settlements’ (BIS), h as reached an important development milestone. The platform now invites further international participation and private sector proposals for value-added solutions.
45 
Fintech Finance
FEBRUARY 28, 2024
The extension of this partnership will offer several benefits to market participants in Colombia. The extension of this partnership will offer several benefits to market participants in Colombia. Globally, ACI covers approximately one-third of the countries that offer real-time payment services, reaching about 1.8
Fintech Review
MAY 10, 2025
Still, banks benefit from access to central bank funding and deposit insurance. Until access to credit becomes more open and decentralised, banks will continue to shape who can participate in the economy. Control Over Payment Infrastructure Banks control much of the worlds payment infrastructure.
52 
Fintech News
MARCH 5, 2024
Through this payment linkage launched in December 2023, individuals can pay for goods and services by scanning the Hong Kong FPS QR code or the Thai PromptPay QR Code at participating merchants. 3 Programmable Money: Advancing Financial Inclusion or Creating Walled Gardens, Powered by J.P.
109 
PYMNTS
JANUARY 14, 2021
The Saudi Arabian Monetary Authority (SAMA) is introducing an open banking policy to advance digital innovation in the financial services sector. Saudi Arabia’s central bank said the plan is for open banking to go live in the first half of 2022.
90 
Fintech News
MARCH 5, 2024
Through this payment linkage launched in December 2023, individuals can pay for goods and services by scanning the Hong Kong FPS QR code or the Thai PromptPay QR Code at participating merchants. 3 Programmable Money: Advancing Financial Inclusion or Creating Walled Gardens, Powered by J.P.
PYMNTS
SEPTEMBER 21, 2020
Or at least it presents the start of one, as it pushed Jordan’s central bank to develop JoMoPay , the nation’s national mobile payment system. Designed as part of the central bank’s national financial-inclusion strategy, JoMoPay provides the regulatory framework under which Dinarak operates.
Fintech News
JUNE 19, 2024
Stablecoins have been rising in conversation within the financial ecosystem of Singapore. Stablecoins can be backed by fiat currencies, commodities, or even other cryptocurrencies, and offer a range of benefits, including faster and cheaper cross-border transactions, increased financial inclusion, and the potential for programmable money.
113 
PYMNTS
APRIL 16, 2019
Cross-border FinTech efforts have seen increasing participation from central banks and monetary authorities. According to the publication, the Federal Reserve is eyeing ways to engage more frequently with industry participants on innovation outside the purview of the outsourced risk process.
The Payments Association
JANUARY 21, 2025
Generational trends show younger users leading the adoption of digital wallets and stored credit cards, while older demographics continue to prefer traditional methods like bank transfers and debit cards, underscoring the need for inclusive payment solutions.
The Fintech Times
MARCH 14, 2024
Benefits of digital wallets The surge in e-wallet popularity underscores the real demand to address the unbanked population and bolster financial inclusion, fundamentally reshaping the lives of millions of individuals. Here’s why. Firstly, the regulatory environment in the Philippines is conducive to fintech innovation.
Fintech News
AUGUST 12, 2024
Holistic inclusion, beyond financial inclusion Holistic inclusion is another key theme in the financial sector. Holistic inclusion goes beyond financial inclusion, focusing on participation from women, persons with disabilities, and providing opportunities across the rural and urban demographics.
113 
Fintech News
DECEMBER 13, 2024
This trend highlights efforts to enhance monetary sovereignty, boost financial inclusion, and modernise payment systems in an increasingly digital world. These initiatives also seem to complement ongoing efforts to develop Central Bank Digital Currencies (CBDCs), as both digital assets aim to modernise traditional financial systems.
109 
Fintech News
DECEMBER 10, 2023
Philippines funnelling resources to shape inclusive fintech future Fintech Philippines Report 2023 With a significant portion of the population still unbanked or underbanked, the Philippines offers fertile ground for fintech solutions to make a tangible impact.
124 
Fintech Finance
OCTOBER 4, 2024
The context and challenges of each impact the means, not the end, because the result of this digital revolution is very similar in all these regions: economic development, financial inclusion, and innovation,” says Juliana Etcheverry , Director of Country Growth – Latin America at EBANX.
98 
Fintech Finance
APRIL 18, 2024
Fime has been selected by Al Etihad Payments , a subsidiary of the Central Bank of the UAE, to play a key role in the establishment of the UAE’s domestic card payment scheme, named Jaywan.
Fintech Finance
DECEMBER 13, 2023
The Central Bank of Colombia, Banco de la República , today announced it is partnering with ACI Worldwide (NASDAQ: ACIW), the global leader in mission-critical, real-time payments software , to build a new domestic real-time payments ecosystem as part of a nationwide banking transformation project.
The Fintech Times
OCTOBER 25, 2024
The first event was the introduction of the Unified Payments Interface (UPI) by the National Payments Corporation of India (NPCI), a nonprofit organisation backed by India’s central bank and leading banks. In 2014, only 53 per cent of adults in India had bank accounts, but by 2021, this figure had risen to 78 per cent.
Finovate
MARCH 7, 2025
Its fair to say that traditional financial systems left many people and communities underserved, but LPMsfrom mobile wallets in Africa to RTP schemes like UPI in Indiabridge this gap, and theyre empowering billions of consumers to participate in the digital economy. At Boku, we want to be at the heart of this transformation.
52 
Fintech Finance
FEBRUARY 6, 2024
” Nepal’s transition from a cash-based economy to a burgeoning digital payment ecosystem has been a remarkable journey with positive impact on financial inclusion and economic development. Of these, 81% utilize banking services, and 9% opt for other formal financial services. billion people.
Fintech News
DECEMBER 19, 2023
The 2024 edition of AFF will build on the success of the previous iteration, which witnessed a robust participation with over 2,500 on-site attendees and an additional 4,500 virtually connected participants. The event will host a lineup of over 900 renowned expert speakers who will delve into the latest trends in technology.
128 
Fintech News
JANUARY 3, 2024
The 2024 edition of AFF will build on the success of the previous iteration, which witnessed a robust participation with over 2,500 on-site attendees and an additional 4,500 virtually connected participants. AI, and regional developments in the financial sector.
116 
PYMNTS
JUNE 18, 2019
After that it is Facebook’s vision that the rails will become permissionless and open to all to encourage broad participation, innovation and application development. At PayPal, we believe in democratizing participation in the digital economy for people from all walks of life and businesses of all sizes. I have no doubt they are. “At
98 
The Fintech Times
SEPTEMBER 8, 2024
The Saudi Central Bank (SAMA) is working on strengthening the Saudi Arabian fintech ecosystem, and in doing so, has recognised the potential of open banking. As a result, SAMA has announced the issuance of the second release under the open banking framework, focused on the payment initiation service (PIS).
59 
The Fintech Times
SEPTEMBER 25, 2024
While 134 countries and currency unions, representing 98 per cent of global GDP, are currently exploring a central bank digital currency (CBDC), the Bank of Canada has revealed it is officially putting efforts to introduce a digital version of the Canadian dollar on pause. Could a CBDC still be in Canada’s future? .
75 
The Fintech Times
MAY 15, 2024
From government officials and policymakers to start-up founders, the two-day Dubai FinTech Summit 2024, held at Madinat Jumeirah, saw over 300 thought leaders participate in 125 discussions across five stages and over 200 exhibitors showcasing cutting-edge technologies.
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