The Payments Association

FEBRUARY 17, 2025

Financial exclusion: A global challenge According to a report by the World Bank , despite rapid advancements in the digital finance ecosystem, 1.4 AI plays a crucial role in fraud detection and compliance, ensuring that financial inclusion does not come at the cost of security. billion adults worldwide remain unbanked.

Innovation 88

Innovation Cross-Border Financial Inclusion Payment APIs and Integration 88

Fintech Finance

MARCH 26, 2025

Africas digital payments economy is set to grow from strength to strength according to a Mastercard-commissioned report by Genesis Analytics stating that the digital payments economy is expected to reach $1.5 trillion by 2030.

Economy 52

Economy Cross-Border Cross-Border Payments Digital Payments 52

PYMNTS

DECEMBER 1, 2019

In an effort to expand access to financial institutions (FIs), the Central Bank of Nigeria is planning to license more payment providers, Bloomberg reported on Saturday (Nov. The goal is to improve Nigeria’s financial inclusion rate by 20 percent, bringing it to 80 percent by the end of 2020.

Financial Inclusion 101

Financial Inclusion Central Bank FinTech Mobile Banking 101

Fintech News

JANUARY 7, 2024

Payments innovation in Indonesia holds significant promise for contributing to the nation’s economy and helping bring about a more inclusive, accessible, and equitable financial system. Indonesia also has the largest digital economy in Southeast Asia, a sector that reached a gross merchandise value of US$82 billion in 2023.

Financial Inclusion 125

Financial Inclusion Innovation Payments NOV 125

The Fintech Times

MAY 9, 2024

Paymentology , the global issuer-processor, has joined forces with Diamond Trust Bank , a tier-one East African commercial bank, in a move hoping to help drive financial inclusion in Kenya through the embedding of financial services, and deployment of Cards-as-a-Service (CaaS).

Financial Inclusion 104

Financial Inclusion Embedded Finance Payment APIs and Integration Non-Bank 104

Fintech Finance

MARCH 5, 2025

Announced at a signing ceremony held at Mashreq HQ in Dubai, UAE welcoming leadership from Mashreq and Mastercard, the collaboration is to be on card portfolios across the consumer, affluent, and business market segments.

Visa 88

Visa Underserved Financial Inclusion Economy 88

Fintech Finance

MAY 27, 2025

With this new feature, SME customers can collect money faster, and their retail consumers also enjoy a far simpler and instant way of making payment for their purchases” The Aani Instant Payments solution is integrated into the Mashreq Biz app, designed to allow SME customers access to a wide range of essential services via a unified platform.

Instant Payments 85

Instant Payments Real Time Payments IBAN Payments 85

Fintech News

JANUARY 26, 2025

Payment trends in Asia are changing how businesses and people transact from the digital-first economies of China and Singapore to the quickly changing markets of Indonesia and Vietnam. This article explores five key trends changing how we pay today while pushing the narrative for a more efficient, powerful financial ecosystem in Asia.

Payments Trends 127

Payments Trends Payment APIs and Integration Embedded Finance Cross-Border 127

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. Source: The Future of Global Fintech: Towards Resilient and Inclusive Growth.

FinTech 143

FinTech Consumer Financial Inclusion On-Demand 143

Fintech Finance

MARCH 3, 2025

This latest offering strengthens MTNs commitment to driving financial inclusion and enhancing digital accessibility across Uganda, aligning with the companys broader mission of enabling a digital economy for all. This new product underscores our dedication to innovation and excellence in the digital financial sector.”

Online and Mobile Banking 59

Online and Mobile Banking Financial Inclusion Visa Economy 59

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. Merchants present a QR code that consumers scan to automatically route transaction data through the SmartVista Instant Payment system.

Instant Payments 90

Instant Payments Settlement Payments Central Bank 90

The Fintech Times

MAY 23, 2024

This means Comera Pay can now launch payment solutions that provide simpler, more secure transactions for merchants and consumers. Leveraging technologies like advanced data encryption, the company aims to power faster digital payments and help advance the UAE’s cashless economy. “We

Economy 105

Economy Security Encryption Data Encryption 105

PYMNTS

JANUARY 22, 2021

This is financial exclusion on a global scale, and as we emerge into 2021, I believe the private sector and governments everywhere must work more closely to improve financial inclusion and reduce the world’s unbanked population. Yet, as the developed world progresses further into cashless living, for the 1.7

Financial Inclusion 73

Financial Inclusion Economy Agreements Small Business 73

The Fintech Times

MARCH 27, 2025

As well as our business solutions, we now offer services to individual consumers. We saw 2000 per cent growth in personal finance customers across 2024 emphasising the appeal of the personal banking solution to consumers. We are Nigerias largest merchant acquirer, powering most of the countrys Point of Sale (POS) transactions.

FinTech 59

FinTech Financial Inclusion Cross-Border Payments Online and Mobile Banking 59

The Fintech Times

NOVEMBER 12, 2024

The teams are developing applications, products, and protocols that focus on consumer fintech solutions, OpenFI, financial inclusion, and DeFi. IDENTI, Peru IDENTI offers a decentralised digital identity solution tailored for rural economies. The selected teams were chosen from applications across the region.

Stablecoins 101

Stablecoins Cross-Border Financial Inclusion Underserved 101

Fintech Finance

DECEMBER 9, 2024

The partnership is set to deliver Sharia-compliant BNPL services to customers and merchants in Qatar, providing flexible financing solutions that promote financial inclusion and support the growth of the nations digital economy.

BNPL 52

BNPL Financial Inclusion Central Bank Economy 52

Fintech News

APRIL 24, 2025

From digital payments to decentralised finance (DeFi), these companies are solving real-world challenges like financial inclusion and cross-border transactions, while setting new global standards for innovation. The companys ecosystem leverages AI-driven, credit-enabled solutions to empower businesses and consumers alike.

FinTech 138

FinTech Online and Mobile Banking Payment APIs and Integration Finance 138

Fintech News

FEBRUARY 10, 2025

How Agentic AI Can Transform Fintech Operations Potential Use Case Without Agentic AI With Agentic AI Customer engagement Rule-based chatbots provide scripted responses and struggle with context retention AI-driven financial assistants adapt to user behaviour, proactively offer personalised insights, and autonomously act (e.g.,

AI 86

AI FinTech Fraud Detection Fraud Prevention 86

Fintech Finance

APRIL 7, 2025

By providing acquirers with this state-of-the-art platform, we are not only supporting Egypt’s transition to a cashless society and enhancing digital payment accessibility but also enabling SMEs to thrive in the digital economy.

Visa 85

Visa Digital Payments Payment Solutions Payments 85

The Fintech Times

DECEMBER 9, 2024

As 2024 draws to a close, it’s been an eventful year for the payments industry, marked by rapid innovation, unexpected challenges, and evolving consumer expectations. “These advancements will increase efficiency, security, and accessibility, shaping an ecosystem that is both inclusive as it is innovative.

Payment APIs and Integration 102

Payment APIs and Integration Online and Mobile Banking AI Financial Inclusion 102

The Payments Association

DECEMBER 18, 2024

Key trends will include the acceleration of cross-border, real-time and instant payments and the rise of cashless economies. The growing adoption of mobile and internet technology and rising consumer expectations for instant payment experiences will drive financial inclusion forward.

Cross-Border 88

Cross-Border AI Push-to-Card Real Time Payments 88

Fintech Finance

OCTOBER 21, 2024

ACI Worldwide’s second Real-Time Payments: Economic Impact and Financial Inclusion report leverages data from 40 countries and reveals—for the first time—an empirical link between real-time payments and financial inclusion. Aggregated net savings for consumers and businesses: $116.9 billion – a 74.2% By 2028, 167.2

Real Time Payments 98

Real Time Payments Financial Inclusion Instant Payments Accounts 98

Fintech Finance

OCTOBER 4, 2024

Rising African countries are among the fastest-growing regions in consumer spending, according to data from the World Data Lab analyzed by EBANX , a global technology company specializing in payment services for rising markets. trillion in consumer spending by 2034, a 198% growth compared to the current US$ 1.8

Consumer 98

Consumer Online and Mobile Banking Credit Cards Economy 98

The Fintech Times

OCTOBER 23, 2024

Produced in collaboration with The Centre for Economics and Business Research , the second ‘ Real-Time Payments: Economic Impact and Financial Inclusion ‘ report from ACI Worldwide reveals an empirical link between real-time payments and financial inclusion. By 2028, 167.2 By 2028, 167.2

Real Time Payments 59

Real Time Payments Financial Inclusion Instant Payments Economy 59

The Fintech Times

OCTOBER 28, 2024

Jamal Abdulla AlSuwaidi, aims to drive digital transformation and boost financial inclusion in MEA’s growing digital economy. An agreement between the pair, signed in a ceremony attended by UAE Ambassador to Singapore H.E. Under the agreement, the partnership will also extend to other MEA countries in the near future.

Digital Payments 64

Digital Payments Financial Inclusion Agreements Payments 64

Fintech News

DECEMBER 11, 2024

GXS Bank , a partnership between Grab and Singtel, focuses on financial inclusivity for underserved groups, such as gig economy workers and young professionals. By aligning financial products with everyday needs, it simplifies banking for the average consumer. removing minimum deposit requirements.

Underserved 113

Underserved Regulatory Compliance Innovation Financial Inclusion 113

Fintech Review

NOVEMBER 27, 2024

Small and medium enterprises (SMEs) are the backbone of emerging economies. In many regions, they create jobs, drive innovation, and stimulate local economies. Yet, they often face financial challenges, struggling to access credit, manage cash flow, and navigate complex financial systems.

FinTech 105

FinTech Cross-Border Cross-Border Payments Online and Mobile Banking 105

Fintech News

OCTOBER 21, 2024

Initiatives like QRIS (Quick Response Code Indonesian Standard), a national standard for QR code payments launched in 2019, have allowed for standardization, making it easier for businesses and consumers, while collaboration between the government and fintech firms have helped enhance financial inclusion through clear regulations.

Financial Inclusion 143

Financial Inclusion Payments Embedded Finance Push-to-Card 143

The Fintech Times

JANUARY 10, 2024

To overcome this, trialling new technologies and solutions in other markets can be a good indication of how consumers in their primary one would respond. In December 2023, Tenpo , the Chilean digital bank, called out the US corporation for failing to take into account financially inclusive payment methods that were popular among Chileans.

Financial Inclusion 72

Financial Inclusion Economy Innovation Venmo 72

The Fintech Times

FEBRUARY 17, 2025

Merchants and consumers in the UAE are going to have greater accessibility to make real-time transactions following a new partnership between digital payments firm, Checkout.com and payments juggernaut, Visa. It also marks the first organisation to use Visa’s solution in the region. ” Why Visa Direct?

Push-to-Card 69

Push-to-Card Cross-Border Near Real-Time On-Demand 69

The Fintech Times

JANUARY 31, 2025

Throughout January, The Fintech Times has been exploring the theme of ‘fintech for good,’ focusing on how fintech solutions support financial inclusion. Scotlands financial and professional services sector contributesover 14billion annuallyto the UK economy and employs 160,000 people.

FinTech 59

FinTech Financial Inclusion Research Government 59

The Fintech Times

JUNE 23, 2024

With the support of local regulators, Pyypl can also provide access to prepaid Visa cards in other markets, fast-tracking financial inclusion across the MEA region. We believe in empowering underbanked consumers by providing them with innovative, secure payment solutions.

Financial Inclusion 59

Financial Inclusion Security Underserved Agreements 59

The Fintech Times

MARCH 14, 2025

Digital-first financial institutions have become key drivers behind cards’ sustained presence and growth in rising economies, according to new data revealed by EBANX , the global payment service provider (PSP). Through this, many fintechs now have a similar reach to themajor traditional banks in emerging markets such as Brazil.

Continuity 64

Continuity Debit Card Push-to-Card Credit Cards 64

Fintech Finance

MARCH 11, 2025

MiFinity , a trusted global eWallet provider serving merchants and consumers worldwide, is deepening its presence in Asia with additional local payment options. The post MiFinity Expands Payment Options in Asia, Strengthening Regional Commitment appeared first on FF News | Fintech Finance.

eWallet 59

eWallet Alternative Payment Methods Payments Financial Inclusion 59

Fintech Finance

MARCH 7, 2025

PayTabs Group , MENA’s award-winning payment orchestration powerhouse today announced the successful acquisition of majority stake in PayTabs Egypt , solidifying its commitment to driving digital transformation and financial inclusion across Egypt. We are excited to take this next step in strengthening our presence in Egypt.

Digital Payments 52

Digital Payments Financial Inclusion Payments Economy 52

Fintech Finance

JUNE 24, 2024

The partnership with Visa is a testament to Pyypl’s mission to democratise access to financial services, its innovative business model and the large market opportunity – as well as highlighting Visa’s trust in Pyypl to accelerate financial inclusion.

Financial Inclusion 98

Financial Inclusion Underserved Agreements Regulations 98

The Fintech Times

OCTOBER 30, 2024

While this represents a significant step forward, should financial inclusivity have moved further ahead by now? Previously, international customers had to obtain and translate their credit reports before the application process, which was often time-consuming and potentially costly. Then we’ll make real progress.”

Financial Inclusion 59

Financial Inclusion Embedded Finance Non-Bank Consumer 59