Fintech Finance

NOVEMBER 18, 2024

The current cross-border payment system imposes high costs on businesses and economies worldwide, stifling economic potential and limiting financial inclusivity. Challenges to financial inclusivity Cross-border payment challenges disproportionately affect low-income individuals and small businesses in developing regions.

Cross-Border Payments 136

Cross-Border Payments Cross-Border Transactions Financial Inclusion 136

Fintech News

DECEMBER 1, 2024

Despite their crucial role in economic growth and job creation, nearly half of all MSMEs in Asia and the Pacific are either unserved or underserved by financial institutions. Bhargav Dasgupta “MSMEs are the backbone of economies across Asia and the Pacific, yet many struggle to obtain adequate finance.

Visa 127

Visa Finance Financial Inclusion Underserved 127

Fintech Finance

MAY 1, 2025

The report highlights key milestones, insights, and the organizations transition into an independent foundation, further strengthening its ability to drive financial inclusion across the continent.

Financial Inclusion 52

Financial Inclusion Instant Payments Cross-Border Payments Underserved 52

Fintech News

DECEMBER 2, 2024

Vietnam is undergoing a transformation and moving towards becoming a cashless economy, a shift that has been driven by innovative financial solutions and public initiatives, a new report by Chiming, a market research firm focusing on Vietnam and Indonesia, shows. rate in 2023. appeared first on Fintech Singapore.

Financial Inclusion 113

Financial Inclusion Financial Literacy Point-of-Sale (POS) NOV 113

Fintech News

JANUARY 22, 2025

Arturo Planell Arturo Planell, Group Country Manager, Regional Southeast Asia at Visa, said, “This milestone reflects Visas commitment to digital and financial inclusion in Cambodia, supporting tourism businesses and small enterprises.” ” Dr. Chea Serey H.E.

Financial Inclusion 137

Financial Inclusion Interoperability Payments International Payments 137

Fintech Finance

NOVEMBER 26, 2024

This strategic expansion aims to boost financial inclusion by providing efficient, affordable cross-border payment solutions to one of the world’s fastest-growing economic regions. Remittances are vital in supporting households, small businesses, and local economies across Africa. In 2023, remittances accounted for nearly 1.5

Cross-Border Payments 98

Cross-Border Payments Cross-Border Underserved Financial Inclusion 98

Fintech News

JANUARY 12, 2025

The regions strong fundamentals, coupled with a growing digital economy, promise continued growth and innovation in the coming years, a new report by Royal Park Partners (RPP), a fintech-focused corporate finance advisory firm, says. These platforms are bridging credit gaps, playing a crucial role in the supporting local economies.

FinTech 120

FinTech Financial Inclusion BNPL Cross-Border 120

Fintech Finance

OCTOBER 29, 2024

To promote financial inclusion and accessibility, TerraPay , a leading global money movement company, has partnered with Yape , the superapp of Peru. Diverse Functionality: Users can immediately utilize the received funds across various app features, promoting a cashless economy and fostering greater financial inclusivity.

Financial Inclusion 105

Financial Inclusion Cross-Border Economy Underserved 105

Fintech News

APRIL 3, 2024

The report, titled “Her Fintech Edge: Market Insights for Inclusive Growth”, explores the representation of women within fintech portfolios and the factors influencing, and examines the performance of women customers compared to overall portfolios, considering loyalty, customer lifetime value (CLV), and default rates.

Financial Inclusion 128

Financial Inclusion FinTech Financial Literacy Non-Bank 128

Fintech Finance

NOVEMBER 21, 2024

“This alliance highlights our dedication to advancing financial inclusion and economic development in the region. The post Mastercard Collaborates With New Africa Technology to Launch Fintech Card in Senegal, Côte D’ivoire, and Benin appeared first on FF News | Fintech Finance.

Visa 103

Visa Technology FinTech Financial Inclusion 103

Fintech Finance

JANUARY 17, 2025

The collaboration will advance financial inclusion and contribute to an even more accessible digital economy by facilitating the movement of funds from Jordan to 37 countries. Mastercard focuses on building robust payment ecosystems and advancing the digital economy across the Middle East. billion in 2022.

Cross-Border Payments 98

Cross-Border Payments Cross-Border Visa Security 98

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. quadrillion, an 80% surge that reflects the expanding reach of digital financial services.

Financial Inclusion 83

Financial Inclusion Non-Bank Economy Digital Payments 83

The Fintech Times

SEPTEMBER 27, 2024

Agriculture, however, remains the largest contributor to the economy, accounting for nearly half of the GDP and employing two-thirds of the labour force. Developing region As with many developing economies, Myanmar’s informal sector plays a crucial role. The Covid-19 pandemic had a significant impact on Myanmar’s economy.

Financial Inclusion 102

Financial Inclusion FinTech Underserved Central Bank 102

The Fintech Times

JUNE 24, 2024

Financial inclusion is a critical issue, but simply providing access to financial products isn’t enough. True inclusion requires financial literacy, empowering individuals to make informed decisions. AI’s ability to revolutionise money management is undeniable.

Financial Inclusion 104

Financial Inclusion Financial Literacy AI FinTech 104

Finezza

JUNE 28, 2024

India, a rapidly growing economy with over 1.4 billion people, faces significant challenges in financial inclusion. Since independence, its banking sector has evolved through four distinct phases: Pre-social banking (1950-1969), Social banking (1969-1990), and two Liberalisation periods (1990-2005, 2005-present).

Financial Inclusion 86

Financial Inclusion Economy Posting 86

Fintech News

DECEMBER 14, 2023

Oradian, a fintech firm based in Makati, Manila , has notably improved financial sector access, especially in Southeast Asia. They were key contributors in a panel at the Singapore Fintech Festival , discussing the role of profitable scalability in financial inclusion.

Financial Inclusion 109

Financial Inclusion On-Demand Innovation Product 109

Fintech Finance

NOVEMBER 15, 2024

The collaboration will create a safe, inclusive financial ecosystem that bridges markets, enabling swift reliable payments across borders and offers financial empowerment tools to millions of Africans and businesses.

Cross-Border Payments 98

Cross-Border Payments Cross-Border Financial Inclusion Underserved 98

Fintech Finance

OCTOBER 4, 2024

Paysend and Mastercard have partnered to launch Paysend Libre in Mexico in a move to drive financial inclusion in a region where the majority of the population is still underbanked or unbanked. Paysend is taking a lead in financial inclusion throughout the LATAM (Latin American) Region with the launch of Paysend Libre in Mexico.

Financial Inclusion 105

Financial Inclusion Visa Cross-Border Security 105

The Fintech Times

OCTOBER 1, 2024

Having originally launched in Mexico in February 2024, inDrive Money improves financial inclusion for gig economy workers. “Our embedded solution within the inDrive platform allows for quick, easy, and seamless access to capital, advancing financial inclusion throughout the country.

Financial Inclusion 104

Financial Inclusion Underserved Origination Finance 104

Fintech News

NOVEMBER 12, 2024

Mukaya Tai Panich “At SCB 10X, we believe that participating in BOT & SEC regulatory sandbox will be a significant move for financial innovation to global financial inclusion as well as the Thai digital asset ecosystem. said Mukaya Tai Panich, CEO and CIO of SCB 10X.

Stablecoins 117

Stablecoins Bots Financial Inclusion Payments 117

Fintech Finance

MARCH 11, 2025

Remittances play a vital role in the Ghanaian economy, and our goal is to make the process as seamless as possible for Ghanaians in the diaspora looking to send money home. This approval is a testament to our ongoing commitment to supporting financial inclusion and economic growth in Africa.

Financial Inclusion 99

Financial Inclusion BNPL FinTech Economy 99

Finezza

DECEMBER 19, 2023

India is a young and developing economy with a population of more than 1.4 billion people. Until the last decade, the country grappled with various challenges across multiple fronts, hindering its overall progress.

Financial Inclusion 98

Financial Inclusion Economy Posting 98

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

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

DECEMBER 17, 2024

Simon Baptist, Principal Economist, Visa Asia Pacific, added: Vietnam’s economy will yet again be one of Asia’s fastest-growing in 2025. Visa is committed to innovative solutions that support this evolving landscape, helping businesses and consumers thrive in the digital economy.

Payments Trends 97

Payments Trends Cross-Border AI Payments 97

The Fintech Times

FEBRUARY 4, 2025

Designed to serve the needs of micro and small businesses (SMEs) and freelancers, Yuze offers financial solutions that look to support local businesses and fuel growth in Indias economy. At Yuze, financial inclusion is at the core of everything we do. At Yuze we believe in financial inclusion for everyone.

Micro-Entry 72

Micro-Entry Financial Inclusion Underserved Small Business 72

Fintech Finance

JANUARY 10, 2025

The Bank’s fintech investment underscores its commitment to driving digital transformation and fostering financial inclusion across key markets. Together, we aim to enrich the digital economy and create transformative cross-border financial solutions.”

Cross-Border 98

Cross-Border Cross-Border Payments FinTech Acquirers 98

Fintech News

MARCH 19, 2025

At a time when market conditions have led to increased caution toward fintech firms, this partnership is a testament to our strong fundamentals and commitment to financial inclusion. Featured image credit: Edited from Freepik The post Funding Societies Secures Equity Investment from Gobi Partners appeared first on Fintech Singapore.

Security 104

Security Financial Inclusion Risk Management Finance 104

Fintech Finance

OCTOBER 29, 2024

I hope that today’s call to action acts as a pivotal moment in driving financial inclusion across the sector. Sara Davies said: “By empowering the financially vulnerable with the tools and support they need, we can reduce social isolation, improve mental health problems, and foster a more inclusive economy.

Financial Inclusion 128

Financial Inclusion Debit Card Scams Governance 128

Fintech Finance

MARCH 5, 2025

Combining Mashreq’s regional success with Mastercard’s global and Pakistan expertise, this collaboration will introduce innovative digital propositions to individuals and businesses in Pakistan with the aim of bolstering the digital economy, accelerating digital payment adoption and driving financial inclusion in Pakistan.

Visa 88

Visa Underserved Financial Inclusion Economy 88

The Fintech Times

NOVEMBER 26, 2024

Cross-border payment hub, Tranglo , has expanded its footprint in Africa, now supporting payouts in Ethiopia, Kenya, Liberia, Madagascar, Mali, Senegal, and Zambia as it continues to aim to boost financial inclusion by providing efficient, affordable cross-border payment solutions to the region. per cent in 2024.

Cross-Border Payments 75

Cross-Border Payments Cross-Border Payment APIs and Integration Underserved 75

Fintech Finance

FEBRUARY 26, 2025

.” Cedric N’guessan, Executive for Payment and E-commerce at MTN Group Fintech added, “This collaboration with Network International is pivotal in enhancing financial inclusion across Africa and beyond.

Process 90

Process FinTech Fraud Prevention Financial Inclusion 90

The Fintech Times

DECEMBER 18, 2024

Fratini Passi, with 30 years of expertise in financial technology, strategically steers CBI’s developments. For The Fintech Times , she discusses how CBIs recent initiatives are integral in refining financial services to meet the challenges of todays digital economy, focusing on operational flexibility and enhanced security.

Finance 115

Finance IBAN Fraud Prevention Interoperability 115

Fintech Finance

JANUARY 13, 2025

This strategic milestone underscores Mastercards commitment to supporting the country’s growing digital economy by providing innovative financial products and services tailored to the market. The post Mastercard Reaffirms Commitment to Ghana With New Office in Accra appeared first on FF News | Fintech Finance.

Visa 98

Visa Financial Inclusion Cross-Border Payments Cross-Border 98

Fintech News

JANUARY 9, 2025

Collaborative efforts align with the Indonesia Payment System Blueprint 2030, which prioritises innovation, financial inclusion, and economic sustainability. As a secure and efficient medium for both domestic and cross-border transactions, it ensures the Rupiahs relevance in an increasingly digital global economy.

Distributed Ledger Technology (DLT) 127

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

Fintech Finance

JANUARY 14, 2025

UPI has made formal financial services accessible to millions and has had a clear impact on Indias digital economy. The Platform has transformed the digital economy of India by making more seamless transactions and increasing financial inclusion. Emerging Cloud Computing Technologies.

Economy 98

Economy AI Financial Inclusion Digital Payments 98