Clearly Payments

MARCH 11, 2024

Canada, known for its somewhat progressive stance towards financial innovation, has been aware and monitoring this transformative technology. Focus on Consumer Protection: The government seems more focused on consumer protection and staying informed about the evolving crypto landscape.

Cryptocurrency 104

Cryptocurrency Consumer Protection Financial Inclusion Payments 104

Fintech News

FEBRUARY 26, 2024

This period of upheaval has catalysed a significant transformation within the sector, with fintech firms adapting to and capitalising on the changing landscape of consumer demands and regulatory environments. Yet, despite these challenges, the fintech industry continues to innovate and adapt, seeking new avenues for growth and development.

FinTech 143

FinTech Consumer Financial Inclusion On-Demand 143

Fintech Review

JULY 24, 2024

These markets, often characterised by underdeveloped financial infrastructure , benefit significantly from fintech innovations. These platforms provide a lifeline for people in remote and underserved areas. In many countries, existing regulations do not fully accommodate fintech innovations.

FinTech 105

FinTech Online and Mobile Banking Financial Literacy Financial Inclusion 105

Fintech News

DECEMBER 13, 2024

These initiatives aim to make transactions faster, cheaper, and more accessible, fostering innovation in Southeast Asias digital finance landscape. Furthermore, stablecoins enhance financial inclusion by providing an accessible entry point for the unbanked and underserved populations in Asia, effectively digitizing local currencies.

Stablecoins 111

Stablecoins Cross-Border Cross-Border Payments Caps 111

The Fintech Times

MAY 19, 2024

The American Fintech Council (AFC), the industry association representing fintech firms and innovative BaaS banks, is joining forces with private equity firm Raido Capital Partners. In addition, their keen insights will help ensure that AFC and its policy priorities remain at the cutting edge of the industry.

FinTech 64

FinTech Underserved Advisors Consumer Protection 64

The Fintech Times

APRIL 3, 2024

The American Fintech Council (AFC), the industry association representing responsible fintech companies and innovative banks, is joining forces with the Center for Accelerating Financial Equity (CAFE), which has selected the first cohort of companies in its new fintech accelerator programme.

FinTech 64

FinTech Underserved Non-Bank Innovation 64

The Fintech Times

JANUARY 3, 2024

Our members are setting the standard for the responsible use of consumer data and utilising innovation to increase competition in the financial services industry to improve access particularly to families historically underserved,” said Phil Goldfeder , chief executive officer of AFC.

CFPB 69

CFPB Consumer Financial Protection Bureau (CFPB) FinTech Underserved 69

PYMNTS

MARCH 7, 2017

On Monday (March 6), CFPB Director Richard Cordray presented at the LendIt USA Conference, providing attendees with an overview of where the bureau stands on FinTech innovation. In his keynote speech, Cordray shared how the CFPB is working to help facilitate FinTech innovation in a way that is beneficial for both providers and consumers.

CFPB 49

CFPB FinTech Consumer Protection Underserved 49

Clearly Payments

FEBRUARY 12, 2024

This article aims to explore the impact that Visa and Mastercard has on the payment industry, examining their influence on innovation, regulation, consumer behavior, and the broader economy. High interchange fees can eat into merchants’ profit margins, particularly for small businesses with tight budgets.

Visa 105

Visa Payments Payment Networks Online and Mobile Banking 105

The Fintech Times

MARCH 16, 2024

However, the American Fintech Council (AFC), the industry association representing responsible fintech companies and innovative banks, has opposed this potential legislation for fear of removing financial options for rural families, with the potential of further damaging local economies.

Community Banks 59

Community Banks Consumer Protection Regulatory Compliance FinTech 59

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. million consumers and MSMEs through the platform. These achievements have impressive real-world implications with individuals in underserved regions. Just in 2023 Yabx disbursed over 20 million loans to 2.4

Financial Literacy 64

Financial Literacy Financial Inclusion Underserved FinTech 64

The Fintech Times

AUGUST 28, 2024

Ecosystem setup Bank Indonesia oversees monetary policy, while the Indonesian Financial Services Authority (OJK), is responsible for oversight of peer-to-peer (P2P) lending, digital banking, crowdfunding, financial data security, technology in insurance, and financial consumer protection.

FinTech 69

FinTech Economy Authorization Underserved 69

The Fintech Times

APRIL 23, 2024

. ‘Connecting for Change: MUFG’s Strategy for Fintech Integration’ at Money 20/20 Asia in Bangkok, Thailand On the agenda During the morning’s activities on the Vision stage, a keynote session led by Daranee Saeju , assistant governor, payment systems policy and financial consumer protection group from the Bank of Thailand, highlighted (..)

Payment APIs and Integration 59

Payment APIs and Integration Cross-Border Cross-Border Payments CBDC 59

The Fintech Times

OCTOBER 3, 2024

According to the Bank of Papua New Guinea, it aims to improve: Financial education and literacy Growth of financial service providers Innovative models of financial service delivery Consumer protection and data Have these efforts paid off?

Financial Inclusion 52

Financial Inclusion Financial Literacy Government Governance 52

FICO

JANUARY 5, 2023

The CFPB's New Open Banking Proposal Will Accelerate Exciting Product Innovations. The Consumer Financial Protection Bureau (CFPB) has indicated it will publish rules , not guidelines, aimed at strengthening consumers’ control over and providing portability of their financial account data, sometime in 2023.

BNPL 52

BNPL CFPB Consumer Financial Protection Bureau (CFPB) Cybersecurity 52

The Fintech Times

APRIL 5, 2025

In its letter, AFC focuses particularly on the impact partnerships can have on underserved communities. Responsible innovation within community banks is critical to the resilience of the US financial system.

Community Banks 59

Community Banks Deposit Account Underserved BNPL 59

Fintech Review

NOVEMBER 12, 2024

Fintech companies, on the other hand, offer agility, innovation, and cutting-edge technology. By joining forces, they can combine their strengths to improve financial services and reach underserved populations. In either case, customers benefit from innovative digital services backed by the bank’s credibility.

FinTech 105

FinTech Financial Inclusion Regulatory Compliance Fraud Detection 105

The Payments Association

MAY 20, 2025

The responsibility for payment infrastructure executives lies in developing and implementing strategic inclusion measures that support all consumers, particularly those at risk of exclusion. This represents both a social obligation and a significant commercial opportunity for providers innovating in this space.

Treasury 88

Treasury Financial Inclusion Push-to-Card Innovation 88

Fintech Review

JANUARY 14, 2025

The fintech sector is at the forefront of a global revolution, reshaping how financial services are delivered and consumed. This dynamic industry thrives on innovation, leveraging technology to disrupt traditional banking models and set new standards for customer experience. However, regulatory uncertainties remain a challenge.

Embedded Finance 59

Embedded Finance FinTech Payment APIs and Integration Financial Inclusion 59

The Fintech Times

JANUARY 18, 2025

“Fintechs must navigate regulatory frameworks that often lag behind innovation, ensuring compliance without compromising accessibility. Fintechs operate in a fast-moving environment, but social impact often intersects with time-consuming areas such as consumer protection and data privacy.

FinTech 59

FinTech Financial Inclusion Underserved Cybersecurity 59

The Fintech Times

JANUARY 24, 2025

“There is a growing recognitionacross both private and public sectors globallythat financial inclusion is a catalyst for innovation that drives significant business and economic impact.”

Financial Inclusion 59

Financial Inclusion Due Diligence FinTech Risk Management 59