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Facilitating Access to Finance in Underserved Communities Through Digital Banking

The Fintech Times

Winning on various levels For Jaime Dominguez , principal marketing manager at Q2 Holdings , the digital banking, digital lending, and banking-as-a-service solutions provider, there is no singular reason why digital banking is so helpful in underserved communities. This isn’t due to lack of demand.

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Geidea and Tpay Partner to Transform Digital Payments in KSA, Egypt, & UAE

Fintech Finance

With digital payments in the Middle East, Turkey, and Africa (META) projected to grow at a compound annual rate of approximately 17.7% from 2023 to 2030, the region’s payment landscape is set for substantial evolution.

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What’s Fueling Southeast Asia Fintech Golden Age?

Fintech News

Southeast Asias fintech industry is flourishing, driven by soaring adoption of digital payments, alternative lending, and wealthtech. It notes that while COVID-19 accelerated the digital shift, Asia-Pacific (APAC) still face significant financial inclusion challenges with 820 million unbanked and 1.8 billion underbanked adults.

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Ant International Deepens Payment and Digitalisation Ecosystem with AI-Driven Embedded Finance Solutions in Year of Transformation

Fintech Finance

With a series of organisational and strategic upgrades in 2024, Ant International , a leading global digital payment and financial technology provider, reported robust growth over the past year among all its four pillar businesses, Alipay+ , Antom , WorldFirst and Embedded Finance.

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Somalia Launches First Nationwide Instant Payment System Powered by BPC

Fintech Finance

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 demand for secure, fast, and modern payment solutions has been pressing.

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How UPI and Digital Payments Are Powering Eco-Tourism and Offbeat Travel in India

Finextra

From riverside camps in the Northeast to homestays nestled in the Himalayas, the rise of UPI and other digital payment systems has opened new doors for travelers and small tourism operators alike. The Digital Leap into India’s Travel Heartland For decades, rural tourism in India remained a cash-first, often cash-only ecosystem.

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The Journey of Payments and Clearing Systems in India

Finextra

Aadhaar Enabled Payment System (AePS) (2014): Leveraged Aadhaar biometric identity for financial inclusion, allowing basic banking services through biometric authentication at agent points. Unified Payments Interface (UPI) (2016): The game-changer. Voice-activated payments are a step in this direction.