Fintech Finance

NOVEMBER 21, 2024

Over 350 million adults in Africa live on a cash-only basis ( [link] ), without access to financial accounts, credit cards, or lending facilities. Digital currency systems could prove to be key in improving financial inclusion and opening up new opportunities to large underbanked communities in many African countries.

Payment Networks 98

Payment Networks Digital Payments Digital Currency Innovation 98

Fintech News

JANUARY 7, 2024

billion, exceeding the 1 billion transactions targeted in 2023, Fitria Irmi Triswati, director of Bank Indonesia (BI)’s payment system policy department, said during a government QRIS press event held in December 2023 and quoted by the Jakarta Post. Between January and October 2023, QRIS transaction volume reached 1.6

Financial Inclusion 125

Financial Inclusion Innovation Payments NOV 125

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

Instant Payments 90

Instant Payments Settlement Payments Central Bank 90

Fintech Finance

MAY 27, 2025

By removing traditional barriers and enabling instant acceptance, Aani is not only enhancing business efficiency but is advancing financial inclusion and supporting the UAE’s broader vision of a cashless, digitally empowered economy.”

Instant Payments 85

Instant Payments Real Time Payments IBAN Payments 85

Fintech News

NOVEMBER 12, 2024

These experts covered some of the industry’s hottest trends and most urging issues, including artificial intelligence (AI), quantum computing, digital assets, next-generation transactions, and financial inclusion. However, challenges remain, particularly regarding interoperability.

FinTech 109

FinTech Cross-Border Payments Cross-Border Payment APIs and Integration 109

Fintech Finance

JUNE 7, 2024

Faster Payments Council (FPC) , a membership organization devoted to advancing safe, easy-to-use faster payments in the United States, has announced the publication of its latest industry resource, the Faster Payments and Financial Inclusion survey report.

Financial Inclusion 64

Financial Inclusion Faster Payments FPC Cross-Border Payments 64

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

Instant Payments 69

Instant Payments Settlement Payments Central Bank 69

The Fintech Times

MARCH 3, 2025

In its new manifesto, ‘ Creating the Conditions to Support Growth and Innovation in Payments ‘, The Payments Association describes the 66 policies recommended by the 216 payments professionals working across financial crime, regulation, open banking, ESG, cross-border payments, digital currencies and financial inclusion.

Governance 59

Governance Government Financial Inclusion Consumer Protection 59

Fintech News

DECEMBER 9, 2024

This proactive approach, driven by the Monetary Authority of Singapore (MAS), seeks to enhance the nation’s financial infrastructure. The goal is to attract investment and innovation, maintain Singapore’s competitive edge in the global arena, and expand financial inclusion. appeared first on Fintech Singapore.

Cryptocurrency 117

Cryptocurrency Cross-Border Consumer Protection Facilitators 117

Fintech News

JANUARY 13, 2025

SEAs young, tech-savvy population, a growing consumer base, reliance on informal financial systems, and supportive government initiatives aimed at financial inclusion serve as robust drivers for long-term growth. Whatever the answer may be, I hope that it will shape not just the region but also the global financial landscape.

FinTech 117

FinTech Cross-Border On-Demand Innovation 117

The Fintech Times

SEPTEMBER 19, 2024

Lighthub Asset and WeLab’s venture (the consortium) will improve financial inclusion in Thailand. Its features will be tailored to solopreneurs and micro, small and medium enterprises (MSMEs) facing unstable income and limited financial access.

Financial Inclusion 59

Financial Inclusion Underserved Interoperability Multi-Currency 59

Fintech News

JANUARY 15, 2024

Building upon SGQR, SGQR+ represents the next generation of interoperable payments for merchants., designed to align with the country’s vision of a seamless, accessible, and interoperable payments ecosystem. Here are five interesting takeaways gathered from the interoperable SGQR+ trials.

Interoperability 117

Interoperability Cross-Border Payments Financial Inclusion 117

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. Each plays a key role in transforming how Indonesians save, spend, invest, and access financial services.

FinTech 138

FinTech Online and Mobile Banking Payment APIs and Integration Finance 138

Fintech News

MAY 11, 2025

This technology-driven approach enables Thunes to support a wide variety of use cases including gig economy payouts, e-wallet interoperability, and financial inclusion efforts. Thunes has been featured in the FXC Intelligence Cross-Border Payments 100 list for all seven years.

Cross-Border Payments 121

Cross-Border Payments Cross-Border APACS Distributed Ledger Technology (DLT) 121

Fintech News

SEPTEMBER 10, 2024

Asia Pacific point-of-sale payment methods – Select markets, Source: Beyond Payments: Digitalization Trends in the Cross-Border Checkout Revolution, Deloitte, Jul 2024 Payment interoperability The growth of digital payment innovations in APAC has emphasized the need for connectivity and interoperability in both online and offline transactions.

Cross-Border Payments 109

Cross-Border Payments Cross-Border APACS Interoperability 109

Fintech Finance

SEPTEMBER 27, 2024

This strategic partnership aims to empower Trinidad and Tobago to establish a reliable and efficient real-time payments platform for both person-to-person (P2P) and person-to-merchant (P2M) transactions, expanding digital payments in the country and fostering financial inclusion.

Real Time Payments 98

Real Time Payments Financial Inclusion Central Bank International Payments 98

The Fintech Times

APRIL 16, 2025

Expanded financial connectivity, empowering millions of customers to transact internationally with ease. Greater financial inclusion , enabling businesses and individuals to participate more effectively in the global digital economy.

Funds Transfer 49

Funds Transfer PayPal Cross-Border Cross-Border Payments 49

Fintech News

SEPTEMBER 19, 2024

Committed to open competition and interoperability, we’re truly ecosystem agnostic, with a strong track record of working with global leading brands like Apple, Tesla, Allianz and CK Hutchison.”

Underserved 130

Underserved Cross-Border Financial Inclusion Interoperability 130

Fintech Finance

MAY 28, 2025

KNET utilized ACI’s Digital Central Infrastructure solution to build the central payment infrastructure of WAMD, an interoperable, countrywide scheme that enables account-to-account (A2A) payment transfers via a bank’s mobile app or internet banking service by using a phone number. billion of additional global GDP growth.

Real Time Payments 52

Real Time Payments Accounts Financial Inclusion Payments 52

Fintech Finance

FEBRUARY 18, 2025

This created a series of extra steps in the process, inconveniencing users but also limiting interoperability across different charging stations. Says Carter-Brown: EFTCorps mission is to constantly push the boundaries of innovation to deliver payment solutions across Africa, increasing financial inclusion and access to the digital economy.

Payment Solutions 75

Payment Solutions Push-to-Card Payments Credit Cards 75

Fintech Finance

APRIL 15, 2025

Expanded financial connectivity, empowering millions of customers to transact internationally with ease. Greater financial inclusion, enabling businesses and individuals to participate more effectively in the global digital economy.

Cross-Border Payments 59

Cross-Border Payments Cross-Border PayPal Funds Transfer 59

Fintech Review

JULY 10, 2024

These initiatives not only provide financial services but also create new income opportunities in regions with limited job prospects. The integration of gaming and finance through blockchain technology opens up avenues for individuals to engage in the digital economy, fostering financial inclusion and economic development.

Finance 97

Finance Financial Inclusion Underserved Blockchain 97

Fintech Finance

SEPTEMBER 13, 2024

The post U.S. Faster Payments Council Publishes Operational Considerations for Receiving Instant Payments Guideline appeared first on FF News | Fintech Finance.

Instant Payments 131

Instant Payments Faster Payments FPC Real Time Payments 131

Open Banking Excellence

JULY 1, 2024

With the UK government continuing to support the UK’s broader fintech environment and promote open banking innovation, Open Banking in a Box will champion the UK’s world-leading open banking standards and make the case for greater cross-border interoperability that will benefit UK PLC and support financial inclusion globally.

Use Case 130

Use Case Cross-Border Regulations Best Practices 130

Fintech Finance

SEPTEMBER 12, 2024

The Interledger Foundation , an organization building and advocating for an open, interoperable payment network, and Chimoney , a fintech company providing multi-currency wallets and infrastructure for cross-border payments, today announced their work to power cross-border payments between more than 130 countries worldwide.

Cross-Border Payments 98

Cross-Border Payments Cross-Border Multi-Currency Interoperability 98

Fintech News

DECEMBER 10, 2023

In APAC, financial inclusion has emerged as a driving force behind digital innovation. Many nations within the region have recognised the transformative potential of extending financial services to underserved populations. The absence of proper documentation and financial education presents significant hurdles.

Addressing 120

Addressing Fraud Prevention Financial Inclusion Payments 120

Fintech News

DECEMBER 11, 2023

G+D’s non-DLT-based CBDC system, Filia, was used in the direct model, demonstrating its interoperability and can be integrated into both traditional account-based environments and DLT solutions. ” The post SC Ventures and G+D Complete Pilot on Different Types of CBDC Systems appeared first on Fintech Singapore.

CBDC 113

CBDC Distributed Ledger Technology (DLT) Cross-Border Central Bank 113

Fintech Finance

SEPTEMBER 24, 2024

These cover financial crime, regulation, open banking, ESG, cross-border payments, digital currencies and financial inclusion. Financial Inclusion The policies aim to work alongside the government’s work to promote financial inclusion to ensure innovation serves diverse needs of businesses and consumers.

Cross-Border Payments 95

Cross-Border Payments Financial Inclusion Cross-Border Payments 95

Fintech Finance

JANUARY 11, 2024

The Practicalities of Cross-Border Payments in a Faster Payments World also highlights the challenges faced by fintech companies, providing insights into regulatory compliance, security, foreign exchange rate risks, lack of transparency, high costs, interoperability, data privacy, competition with financial institutions, and liquidity management.

Cross-Border Payments 93

Cross-Border Payments Cross-Border Faster Payments ISO 20022 93

The Fintech Times

JANUARY 23, 2025

We often explore how fintechs are changing the banking and payments landscapes, and sometimes look into how their solutions are supporting financial inclusion and helping people develop healthy financial habits. ” The post Which Fintech Sub-sectors Will Have the Biggest Impact on Peoples Financial Well-being in 2025?

FinTech 64

FinTech Financial Literacy Cross-Border Online and Mobile Banking 64

Fintech Finance

MARCH 3, 2025

The Manifesto , Creating the Conditions to support Growth and Innovation in Payments, describes the 66 policies recommended by the 216 payments professionals working across financial crime, regulation, open banking, ESG, cross-border payments, digital currencies and financial inclusion.

Government 80

Government Governance Innovation Cross-Border Payments 80

Clearly Payments

JANUARY 4, 2024

Financial Inclusion: Cryptocurrencies have the potential to bring financial services to the unbanked and underbanked populations, fostering financial inclusion. By accepting cryptocurrency payments, merchants contribute to a more inclusive global economy.

Cryptocurrency 105

Cryptocurrency Stablecoins Cross-Border Payments Digital Currency 105

Fintech Finance

SEPTEMBER 18, 2024

The post U.S. Faster Payments Council Releases Dual Reports on ISO 20022 Implementation and Benefits appeared first on FF News | Fintech Finance.

ISO 20022 96

ISO 20022 ISOs Faster Payments FPC 96

Fintech Finance

APRIL 23, 2025

This milestone underscores the UAE’s leadership in building a secure, interoperable financial ecosystem anchored in regulatory clarity and innovation.” The post Pay10 Becomes First Entity to go Live on CBUAEs Open Finance Framework appeared first on FF News | Fintech Finance.

Finance 59

Finance Interoperability Central Bank Financial Inclusion 59

The Fintech Times

MAY 29, 2024

The Interledger Foundation , an organisation building and advocating for an open, interoperable payment network, is introducing a new initiative to fund fintechs that leverage its Interledger Protocol (ILP) to bring payment capabilities to emerging markets and underserved populations.

Instant Payments 69

Instant Payments Cross-Border Payments Financial Inclusion Underserved 69

The Fintech Times

NOVEMBER 7, 2024

As a response to this necessity, Suyool is dedicated to providing an advanced digital wallet solution that facilitates not only local and international payments but also supports financial inclusion for unbanked individuals.

Cross-Border 59

Cross-Border Financial Inclusion Interoperability On-Demand 59

Fintech Finance

JUNE 3, 2025

It also empowers TerraPay to deepen its collaboration with local financial institutions and fintechs, offering them access to its robust, interoperable, and API-driven payment infrastructure. This will enable partners to scale their cross-border offerings with confidence, while ensuring compliance with Malaysias regulatory standards.

Cross-Border Payments 52

Cross-Border Payments Cross-Border APACS Financial Inclusion 52