The Fintech Times

SEPTEMBER 27, 2024

Despite its political unrest and economic challenges, Myanmar has shown significant progress in the fintech sector, bringing financial services to underserved populations. Agriculture, however, remains the largest contributor to the economy, accounting for nearly half of the GDP and employing two-thirds of the labour force.

Financial Inclusion 102

Financial Inclusion FinTech Underserved Central Bank 102

The Fintech Times

OCTOBER 1, 2024

Having originally launched in Mexico in February 2024, inDrive Money improves financial inclusion for gig economy workers. This is particularly impactful as freelancers have traditionally been underserved in Latin America, and Colombia is no different. This will depend on their activity on the inDrive app.

Financial Inclusion 104

Financial Inclusion Underserved Origination Finance 104

PYMNTS

NOVEMBER 3, 2020

At a high level, according to the filing , “With China’s economy shifting towards domestic consumption and the growth of small businesses, the financial services needs of consumers and small businesses have expanded considerably and demand for credit, investment and insurance products is projected to increase substantially.

NOV 79

NOV Origination Small Business Non-Bank 79

PYMNTS

FEBRUARY 12, 2019

debit or reloadable prepaid cards for payment of tax refunds, government aid, healthcare and insurance claims and payments to gig economy workers. Metabank provides financial solutions to customers and businesses in what it considers niche and underserved markets, with a belief in financial inclusion for everyone.

Faster Payments 58

Faster Payments Visa Tax Refunds ACH Origination 58

The Fintech Times

NOVEMBER 13, 2024

DigMo , which is licensed by the Bank of Zambia to operate a wallet, plans to support underserved users by providing access to engaging products with incentives. Save to Win is based on the concept of Premium Bonds, originally introduced in the UK by then-Chancellor of the Exchequer, who later became Prime Minister, Harold Macmillan.

Accounts 59

Accounts Financial Inclusion Underserved Participant 59

The Fintech Times

MAY 10, 2024

British Business Investments, a subsidiary of the British Business Bank , aims to improve access to alternative finance for SMEs across the UK, while supporting the transition to a net zero economy – highlighted by its backing of Beechbrook. Since 2008, Beechbrook has invested over £500million in 70 SMEs across the UK.

Underserved 69

Underserved Finance Origination Continuity 69

PYMNTS

APRIL 26, 2018

There was a lot going on during PayPal ’s quarterly earnings report yesterday (April 25), as the original “Pay” player managed to beat analyst expectations nearly across the board and even forecast a better-than-expected result for the rest of the year. That means, according to Schulman, being a better cooperator in the U.S.

Financial Inclusion 51

Financial Inclusion PayPal Underserved Push-to-Card 51

PYMNTS

FEBRUARY 11, 2019

“If you’re a lender who wants to get serious about commercial lending to small and medium-[sized] growth businesses [SMBs], we can help you originate and underwrite deals faster and more efficiently, as well as maintain a clearer view of how each business in your portfolio is performing. If you’re a growth business in either the U.K.

Underserved 53

Underserved Underwriting Finance Origination 53

Fintech News

JULY 23, 2024

This approach has enabled CapBay to provide over MYR 3 billion (US$643 million) in financing to more than 1,700 underserved SMEs across 20 diverse industries. It also invests in community initiatives, equipping underserved communities with future-ready skills and promoting food resilience.

FinTech 133

FinTech Online and Mobile Banking Multi-Currency Non-Bank 133

FICO

MAY 23, 2022

Since introduced, the FICO® Score and FICO® Extended Score have been used by Mexican banks to make more than 200 million credit decisions and originate more than USD$110B in loans: an amount equivalent to 10 percent of Mexico’s GDP.

Financial Inclusion 52

Financial Inclusion Risk Assessment Embedded Finance Assessments 52

The Fintech Times

JANUARY 28, 2025

In mid-January, the global paytech originating from Australia, Airwallex announced that it had completed the next step in its global expansion by entering two prominent markets in Latin America. With the future of fintech looking optimistic in 2025, Em Conversa looks to explore how the LatAm region can prosper once more.

Cross-Border 59

Cross-Border Cross-Border Payments B2B Instant Payments 59

CB Insights

FEBRUARY 13, 2020

Growing the internet economy. Stripe Payouts and Stripe Issuing facilitate the movement of money with instant cashouts for gig economy workers and virtual card issuance, respectively. Stripe is focused on capturing a growing share of future payments volume in an increasingly internet-based economy. Virtual card issuance.

Online and Mobile Banking 98

Online and Mobile Banking Payment APIs and Integration Payments Push-to-Card 98

The Fintech Times

FEBRUARY 19, 2024

“While orchestration layers can save merchants time by accessing ready-made connections they are unable to benefit from the economies of scale that provide savings. China) have an excess of dollars owing to the heavily export-related nature of their economies. But payment curation solutions solve these problems.

Cross-Border Payments 69

Cross-Border Payments Cross-Border Stablecoins Multi-Currency 69

Fintech News

MARCH 26, 2024

The World Bank flagged in October 2023 that the region’s burgeoning economies would decelerate to 4.5% It operates with the goal of building a credit ladder for the underserved population in India, aiming to serve over 550 million individuals. #9

FinTech 104

FinTech APACS Payment APIs and Integration Multi-Currency 104

CB Insights

OCTOBER 10, 2018

What these startups share is the goal of creating customer-centric banking products that target underserved individuals and businesses. Many of the startups disrupting banking are reaching customers who are either underserved by existing bank accounts or do not qualify to open an account (unbanked). Underbanked/Unbanked.

Online and Mobile Banking 78

Online and Mobile Banking Debit Card Credit Cards Non-Bank 78

PYMNTS

OCTOBER 1, 2018

Nor is it now (nor will it ever be) the single digital currency that will democratize the movement of money from anyone to anyone for free — or free from the centralized regimes that bitcoin enthusiasts said only made money more expensive and out of reach for the underserved in developing economies. But only because it has to now.

Bitcoin 85

Bitcoin Blockchain Cryptocurrency Innovation 85

PYMNTS

AUGUST 8, 2017

And so, in 2012, with only a few hundred thousand of their own dollars to get up and running, ID Finance launched in one of those underserved markets — their home market of Russia. Two years after founding ID Finance, the bottom fell out of the Russian economy, when the Russian ruble collapsed.

Small Business 42

Small Business Finance FinTech Underserved 42

Payment Savvy

SEPTEMBER 5, 2024

Hence, it provides an alternative source for improving fundraising among underserved peer-to-peer and business borrowers and enhances their financial health and freedom. Regulatory Technology (Regtech) RegTech refers to regulatory technology firms that automate solutions to challenges in the modern digital economy.

FinTech 52

FinTech Online and Mobile Banking Payment APIs and Integration Cryptocurrency 52

PYMNTS

MARCH 21, 2017

The problem, according to O’Neil, is that to build a good algorithm one needs to do math, which leads people to jump to the erroneous conclusion that algorithms themselves are as neutral as the math that is their origin. But that, O’Neil said, simply isn’t true. No one wants to be biased.

Crime 45

Crime CFPB Push-to-Card Credit Cards 45

PYMNTS

MARCH 28, 2016

And, in many situations – particularly in developing economies, not having access to cash creates it. Originating and receiving banks have zero incentives to make payments faster – they’re not compensated a whit for doing so. As we should and for lots of good reasons. Cash doesn’t impose frictions. Multiply $7.15

Faster Payments 48

Faster Payments Checks Payments Fed 48

Nanonets

FEBRUARY 7, 2024

Flow lets users scan and approve invoices instantly, no matter their origin, and offers global payment options for free – critical in today’s interconnected economy. Ultimately, Flow and Nanonets can help 10x your team’s productivity by letting them focus on the big things rather than drowning in the details.

Payment APIs and Integration 52

Payment APIs and Integration Automation Online and Mobile Banking Accounts 52

Lending Front

JUNE 29, 2021

Over the past year, the mission driving all CDFIs—delivering loans to small businesses in low-income, underserved communities—has become a topic of national interest, aligning with the priorities of the American government as it tries to rebuild our economy. I believe this is what that looks like in practice.

Small Business 52

Small Business Underserved Automation Economy 52

Lending Front

JULY 14, 2021

Community Development Financial Institutions (CDFIs) play an instrumental role in revitalizing the economy by delivering loans to small businesses in low-income, underserved communities. Because of this decision, the awarded funds can translate to more than $10B in the accounts of underserved small businesses.

Small Business 52

Small Business Underserved Automation Federal Reserve 52

CB Insights

JUNE 17, 2020

Industry proponents have been making the case for telehealth for years, pointing to its potential to lower costs, ease pressure on overextended healthcare systems, and make care more accessible in rural and underserved areas. These strengths are likely to continue to appeal to manufacturers after the immediate threat of Covid-19 has receded.

Posting 101

Posting Technology Online and Mobile Banking On-Demand 101

PYMNTS

MARCH 7, 2016

the financial services industry has worked itself into a lather to move heaven, earth and 13K banks toward a faster payments solution — or should I say solutions — that would allow originating banks to move money to a receiving bank and for that receiving bank to make those funds available to those consumers instantly. Here in the U.S.,

Online and Mobile Banking 46

Online and Mobile Banking Payments Same Day ACH Financial Inclusion 46

Open Banking Excellence

JANUARY 29, 2025

What makes Starling Bank unique is ultimately the technology we developed originally to enable Starlings businessrich, personalisable, real-time access to data that gives us a full single view of the customer and lets us run these highly self-service journeys, says Sam Everington, CEO of Engine, Starling Banks software-as-a-service business.

API 130

API Payment APIs and Integration Innovation Cross-Border 130

The Fintech Times

DECEMBER 26, 2024

“They’ve partnered with us to bring, originally a small business transaction account offering to market, but also their new retail customers. “Small business banking is very underserved here, because the small business economy is really developing. .

Small Business 69

Small Business Origination Underserved Database 69

The Fintech Times

JANUARY 16, 2025

For example, most websites were not originally designed to cater to those with visual, hearing, movement or mental impairments, leaving many people excluded from using these websites and accessing the service they provide. This will continue to be true, especially as we look forward to what might be significant changes to our economy.

FinTech 88

FinTech Advisors AI Underserved 88

The Fintech Times

MAY 15, 2025

As the emirate accelerates its transition towards a diversified, innovation-led economy, its building a financial services ecosystem that is both globally exportable and locally embedded. A compelling example is our work with ABHI , originally from Pakistan, which is now an Abu Dhabi-headquartered embedded finance platform.

Financial Literacy 45

Financial Literacy Innovation FinTech Embedded Finance 45