The Fintech Times

MAY 1, 2025

UAE-based alternative payment method (APM) provider Pay10 has secured an open finance licence from the Central Bank of the UAE , enabling it to provide payment initiation services, including variable recurring payments across the country.

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Finance Security Central Bank Interoperability 45

The Fintech Times

JANUARY 28, 2025

One way CBJ is positioning Jordon as a prime destination for investment in advanced financial technologies is through JoRegBox. It provides a structured environment where fintech companies can test innovative solutions under the supervision of CBJ, promoting financial inclusion and advancing consumer-focused financial services.

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FinTech Central Bank Financial Inclusion Payment Initiation 64

Fintech News

OCTOBER 21, 2024

The Indonesian government has also played a critical part in fostering digital payments. E-wallets gain momentum in the Philippines amid financial inclusion efforts In the Philippines, e-wallet adoption has surged due to the country’s large unbanked population and ongoing efforts from the government to improve financial access.

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PYMNTS

MARCH 14, 2018

Financial inclusion is no mere buzzword in financial services. In an interview with PYMNTS, Eddie Grobler, executive vice president of ACH Systems and Integration with Vocalink , noted that financial inclusion can help individuals, families and businesses find surer financial footing on a day-to-day basis.

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Fintech Review

JULY 24, 2024

This has significantly increased financial inclusion, empowering millions who previously had no access to banking services. The success of M-Pesa has spurred similar initiatives across the continent. In Ghana, MTN Mobile Money has become a vital financial tool. In India, Paytm has revolutionised digital payments.

FinTech 105

FinTech Online and Mobile Banking Financial Literacy Financial Inclusion 105

Fintech Finance

JULY 23, 2024

TerraPay , a global money movement company, today announces that financial institutions can send money directly to more than 2.1 billion mobile wallets around the world using their existing Swift connectivity, enhancing the cross-border payments experience for businesses and consumers. billion mobile wallets and 7.5

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PYMNTS

MARCH 29, 2020

Daniel Kjellén, co-founder and CEO of Tink, said Eurobits’s customers would now also reap the benefits of the company’s payment initiation and data services. The company bought Eurobits for 15.5 million euros ($17.2 Tink was formed in 2012.

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Acquirers Financial Inclusion PayPal Payment Initiation 96

PYMNTS

SEPTEMBER 22, 2017

Promoting financial inclusion — a lofty ambition targeting two billion people around the world who currently live without the ability to securely send and receive money — is about more than taking cash away, handing those consumers an electronic payments solution and opening up bank accounts for them. But it is very easy.

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Visa Financial Inclusion Small Business Point-of-Sale (POS) 64

The Fintech Times

JULY 31, 2024

SDK.finance customers developing digital wallets or neobank products will also be able to easily provide cost-efficient payment initiation services, including account top-ups, without needing to connect with each bank individually.

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Payment APIs and Integration FinTech Financial Inclusion Payment Initiation 59

The Fintech Times

NOVEMBER 5, 2024

Under the new regulations, banks are now also required to allow Account Information Service Providers (AISPs) and Payment Initiation Service Providers (PISPs) access to account information for legal entities after securing their consent.

Accounts 64

Accounts Third-Party Service Provider Financial Inclusion API 64

Fintech News

JULY 23, 2024

Payments infrastructure company TerraPay has announced that financial institutions can now send money directly to over 2.1 This development aims to enhance the cross-border payments experience for businesses and consumers. Swift connects more than 11,500 financial institutions in over 200 countries.

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SWIFT Cross-Border Cross-Border Payments Payments 109

Fintech Finance

APRIL 23, 2025

Pay10 , a leading Alternative Payment Method (APM) provider headquartered in the UAE announces that it has become the first fintech company to go live in production on the Central Bank of the UAE’s (CBUAE) Open Finance Framework, authorizing it to provide payment initiation services including variable recurring payment.

Finance 59

Finance Interoperability Central Bank Financial Inclusion 59

PYMNTS

AUGUST 21, 2020

Anywhere where you have a cash transaction can be a possible use case,” Cunha told Webster, noting that such a wide net can help foster financial inclusion for the banked and unbanked populations. The platforms underpinning CBDCs must be adaptable to address those concerns, he said.

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The Fintech Times

SEPTEMBER 8, 2024

As a result, SAMA has announced the issuance of the second release under the open banking framework, focused on the payment initiation service (PIS). This trend underscores SAMA’s continued efforts in developing the Saudi fintech sector and its commitment to promoting financial inclusion and innovation.

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Innovation Best Practices Financial Inclusion Central Bank 59

The Fintech Times

JUNE 18, 2024

As of April 2023, there were 1,000 active fintechs in Latin America (LatAm) with a vast majority focusing on financial inclusion, tackling the issue of 70 per cent of the population not having access to formal financial services. This success is now drawing attention in Latin America and further afield.

Payments 64

Payments Financial Inclusion Online and Mobile Banking Central Bank 64

PYMNTS

APRIL 29, 2016

One steady course has been the digital payments initiatives that have been a hallmark for MasterCard. Key wins in this space have involved Vodafone Egypt bringing 2 million cash wallets onto MasterCard’s mobile gateway service, furthering the theme of financial inclusion.

Visa 41

Visa Issuers Enrollments Financial Inclusion 41

PYMNTS

JULY 1, 2019

“There is a clear, common understanding among the large Indian banks,” said Wilmot, “that fraud and securing transactions is a common need, a common good,” especially in fostering greater financial inclusion. In many ways, observed Webster, the efforts specific to India mirror what other countries are trying to do.

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Digital Payments Payments Overlay Service Financial Inclusion 52

M2P Fintech

MARCH 28, 2024

It aims to streamline verification, enhance accuracy, and promote financial inclusion. C losed-loop Payment System Closed-loop payment systems are payment networks that operate within their exclusive networks, confining transactions to specific merchants or vendors.

FinTech 59

FinTech Online and Mobile Banking Push-to-Card Payer 59

PYMNTS

DECEMBER 19, 2019

Increasing and enabling debit card payments will help Google grow in mobile payments, he said. Russia is in part spearheading the pan-mobile payments initiative – considering that eCommerce, as noted by Ingenico in recent months, is a market worth as much as 28 billion.

Mobile Payments 52

Mobile Payments Online and Mobile Banking Cross-Border Payments 52

PYMNTS

DECEMBER 19, 2019

Increasing and enabling debit card payments will help Google grow in mobile payments, he said. Russia is in part spearheading the pan-mobile payments initiative – considering that eCommerce, as noted by Ingenico in recent months, is a market worth as much as 28 billion.

Mobile Payments 52

Mobile Payments Online and Mobile Banking Cross-Border Payments 52

PYMNTS

JANUARY 21, 2019

The letter highlighted the role of faster payments as a panacea to financial inclusion problems in the U.S. And it means being extra careful about faster payments initiatives that become a way for firms to free-ride on the efforts of the banks to sign up and service their depositors.

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Faster Payments Same Day ACH Fed Real Time Payments 77

The Fintech Times

APRIL 18, 2024

Under PSR, payment initiation service providers (PISPs) and account information service providers (AISPs) will be allowed to build custom API interfaces that can connect directly to banks and other payment providers.

Non-Bank 64

Non-Bank Push-to-Card Payments API 64

Segpay

JUNE 25, 2024

Last year, Currence iDEAL and PQI, a Luxembourg-based payment solutions provider that served iDEAL in the Netherlands, Bancontact Payconiq Company in Belgium, and Payconiq in Luxembourg, were acquired by the European Payment Initiative (EPI) to establish a new innovative, and unified payment solution for Europe.

Online and Mobile Banking 52

Online and Mobile Banking Payments Settlement Transactions 52

PYMNTS

MAY 30, 2016

. “And focus the ‘faster’ payments initiative on what really matters: getting rid of the friction that prevents payments among consumers and businesses from being better and more efficient.” ” This topic is also detailed each month in the PYMNTS Faster Payments Tracker. Financial Inclusion.

Online and Mobile Banking 41

Online and Mobile Banking Demand Deposit Account (DDA) EMV Cross-Border 41

PYMNTS

AUGUST 11, 2020

Faster Payments On The Agenda. Faster payments, of course, have been much in the news.

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FedNow Federal Reserve Real Time Payments Fed 99

Fintech News

MARCH 10, 2025

The National Bank of Cambodia ( NBC ) and UnionPay International ( UPI ) have officially launched the second phase of their cross-border payment initiative, enabling Cambodian users to make payments abroad by scanning UnionPay QR codes at UPI-accepting merchants.

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Cross-Border Payments Cross-Border Financial Inclusion Payments 112

The Fintech Times

FEBRUARY 7, 2025

By leveraging secure APIs to connect financial institutions directly, it enables faster and more convenient transactions, while enhancing security. Mirna Sleiman , founder and CEO of Fintech Galaxy, also expressed enthusiasm about the partnership’s potential to drive innovation and foster financial inclusion in Bahrain.

Cross-Border Payments 69

Cross-Border Payments Cross-Border API FinTech 69

Fintech Finance

FEBRUARY 7, 2025

The partnership will see LuLu Exchange leverage Fintech Galaxys Open Banking Solutions to make cross-border payments faster and more convenient in Bahrain. “By combining our expertise and resources, we aim to deliver cutting-edge financial services that empower consumers and businesses alike,” Mirna Sleiman said.

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Cross-Border Payments Cross-Border FinTech Payment APIs and Integration 59