Electronic Transactions Association

FEBRUARY 22, 2023

NONTRADITIONAL PAYMENTS Nontraditional payments options are becoming increasingly popular as they allow consumers to cash checks conveniently, move funds between individuals easily, and pay for goods and services affordably, without needing an account with a traditional financial institution.

Underserved 40

Underserved Online and Mobile Banking Financial Literacy FinTech 40

The Fintech Times

OCTOBER 3, 2024

This includes promoting literacy, eliminating poverty and promoting vibrant financial institutional operations in Papua New Guinea. CEFI is also funded by the Bank of Papua New Guinea (the country’s central bank). In 2014, the government set up the National Financial Inclusion and Financial Literacy Strategy.

Financial Inclusion 52

Financial Inclusion Financial Literacy Governance Government 52

PYMNTS

SEPTEMBER 10, 2018

The digital banking platform chose to offer mobile disbursements and a smartphone app-accessible checking account to reach young college-going consumers, 75 percent of whom use mobile banking apps, according to recent research. We really don’t see a demand for people asking for branch banking.

Checks 40

Checks Financial Literacy ATM Push-to-Card 40

Payments Source

MAY 9, 2017

Current, an app debuting Tuesday, updates the joint account for an era of tweens with smartphones.

Accounts 60

Accounts Financial Literacy Mobile Banking Mobile Payments 60

Fintech Labs Insights

AUGUST 22, 2024

FINANTEQ: Mobile banking solutions, added new clients across Europe. Hedgeable (CLOSED July 2018): Personal investment management HelloWallet (acquired by Morningstar): Financial wellness platform, acquired by Morningstar, integrated into broader financial planning tools.

Online and Mobile Banking 15

Online and Mobile Banking Acquirers Payment APIs and Integration AI 15

PYMNTS

MARCH 1, 2018

The project also offers financial literacy tools and promotes smart city initiatives in urban communities. Payment solution provider i2c recently announced a partnership with mobile banking FinTech Payfare to pay rideshare drivers using a prepaid Mastercard.

Push-to-Card 40

Push-to-Card Financial Literacy Credit Cards Online and Mobile Banking 40

PYMNTS

AUGUST 4, 2020

For example, many digital banks are trying to reach Gen Z consumers who have often “expressed that a lack of financial education is available to them,” he said. “So, So, we see digital banks providing financial literacy tools that help consumers build a comfort with credit, smart savings practices and budgeting.

Push-to-Card 138

Push-to-Card Underwriting Financial Literacy Risk 138

CB Insights

MAY 15, 2019

Notable projects: DAX teamed up with POSB, part of DBS Group and the oldest local bank in Singapore, to help co-create the POSB Smart Buddy. This program provides free wearable tech to local schoolchildren that helps teach them about financial literacy, monitoring their daily spending and savings habits. Founded: 2014.

Innovation 78

Innovation Finance Online and Mobile Banking Blockchain 78

The Fintech Times

JANUARY 16, 2025

Additionally, fintechs can promote financial literacy, endorse sustainable digital practices that help close accessibility gaps, address underserved communities, and support meaningful charitable initiatives that help those in need.” For instance, clear communication and fair pricing are a must.

FinTech 88

FinTech Advisors AI Underserved 88

The Fintech Times

DECEMBER 18, 2024

Significant barriers remain Raman Korneu, CEO and co-founder of myTU These initiatives alone do not fully address the broader challenges of financial inclusion, explains Raman Korneu , co-founder and CEO at myTU , the mobile banking app licensed by the Bank of Lithuania.

FinTech 59

FinTech Financial Inclusion Online and Mobile Banking Non-Bank 59

The Fintech Times

JANUARY 18, 2025

While technology has the potential to democratise financial services, many underserved populations still face barriers such as limited digital infrastructure, financial literacy, or internet access. Ensuring these groups can fully participate in the digital economy is essential to creating an inclusive financial ecosystem.

FinTech 59

FinTech Financial Inclusion Underserved Cybersecurity 59