Remove Facilitators Remove Financial Inclusion Remove Interoperability
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Algorand Foundation and Paycode Announce Partnership to Expand Financial Inclusion on Blockchain

Fintech Finance

To date, Paycode has facilitated the secure disbursement of $250m in aid and social payments, helping drive financial inclusion through biometric identity, offline digital wallets, and real-time payments.

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AfricaNenda Launches 2024 Annual Report: Advancing Inclusive Instant Payment Systems for Broader Financial Inclusion in Africa

Fintech Finance

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. Key achievements included: Expanding access to IIPS in Cabo Verde, Mauritania, Rwanda, South Sudan, and the CEMAC region.

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Facilitating Access to Finance in Underserved Communities Through Digital Banking

The Fintech Times

Therefore, this July, we explore how the fintech industry can further increase financial inclusion in developing markets, identify regional trends and remove barriers to digital services. Digital banking can be a great way to facilitate access to finance for those who would otherwise be unbanked. .”

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The Journey of Payments and Clearing Systems in India

Finextra

Moneylenders, traders, and Shroffs (money changers and bankers) facilitated credit and remittances. Hundis: These were traditional financial instruments, akin to bills of exchange or promissory notes, used for transferring money across distances without physical movement of cash.

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Cross-border payments and UPI revolution in India

The Payments Association

Designed for speed, interoperability, and user-friendliness, UPI has become the backbone of India’s payment ecosystem. Its key advantages include instant transactions, interoperability across banks and payment apps, low-cost processing, and enhanced security features.

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Tech innovation in payments: Bridging gaps and building an inclusive financial ecosystem

The Payments Association

This presents a significant opportunity for mobile-first financial solutions to bridge the gap in financial inclusion by providing digital banking, payments, and credit access to those traditionally excluded from the formal financial system. trillion business opportunity by 2025.

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Behind the Idea: TerraPay

The Fintech Times

But the real story is in the infrastructure behind it: licensing, interoperability and a deep commitment to making cross-border payments work for everyone – not just the biggest players. This purpose is rooted in facilitating inclusion and interoperability. TerraPay now connects over 155 countries and 3.7