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Is Vietnam Undergoing a Cashless Revolution?

Fintech News

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. E-wallets followed at 31%, ahead of bank cards at 18%.

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How FICO and Operation HOPE are Taking Steps toward Financial Literacy for All

FICO

A core pillar of promoting and sustaining widespread access to credit is ensuring high levels of financial literacy. lags behind many other countries in financial literacy, meaning millions of Americans lack the resources they need to chart a healthier financial future. Financial Literacy for All.

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The power of financial literacy in combating financial crime

The Payments Association

Children must develop their digital literacy and financial literacy skills in tandem. From opening the first bank account to education loans, mortgages, insurance, and pensions, the importance of continuous reinforcement of financial skills throughout an individual’s life cannot be overstated.

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How Fintech Apps Are Improving Financial Literacy Among Young People

Fintech Review

In recent years, fintech apps have become pivotal in shaping financial literacy among Millennials and Gen Z. These innovative platforms, often mobile-first and user-friendly, simplify complex financial topics. Traditional methods of financial education often failed to engage younger audiences effectively.

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Top Stories That Shaped Indonesia’s Fintech Scene in 2024

Fintech News

OJK Strengthens Crypto Oversight with New Regulatory Sandbox Mandate The Indonesian Financial Services Authority (OJK) has mandated that all financial institutions launching new products, including those related to crypto assets, must participate in a regulatory sandbox. trillion (US$73.3

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Study: Americans Overestimate Their Financial Literacy

PYMNTS

A new study reveals that while Americans are generally overconfident in their financial knowledge, only a few could score a top grade on a financial quiz. consumers have not attended a financial literacy program. Education might be able to help Americans who are struggling to stay financially afloat.

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Singlife Calls Early-Stage Insurtechs to Join 2nd Edition Accelerator Programme

Fintech News

The programme is designed to foster collaboration between Singlife and participating startups, with a focus on co-creating and co-launching novel embedded insurance solutions. These startups should offer products or services that cater to gig workers, employee wellness, physical and mental health, or financial literacy.