Remove Financial Literacy Remove Mobile Banking Remove Online and Mobile Banking
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Fintech in the Caucasus: Armenia, Azerbaijan & Georgia

The Fintech Times

Armenia Population: +2,967,000 Capital, financial hub and largest city: Yerevan Gross domestic product (GDP) per capita: +$8,500 Access to a formal financial account (adults): 52.3 per cent Central Bank of Armenia (CBA) Armenia’s growth has been driven in part by its young, tech-savvy population.

FinTech 69
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Today In Digital-First Banking: German Neobank N26 Eyes IPO With New CFO; Goalsetter Lands $3.9 Million Seed Investment  

PYMNTS

In today’s top digital-first banking news, German neobank N26 has hired a new chief financial officer (CFO) as it eyes a future initial public offering (IPO), while FinTech app Goalsetter has raised $3.9 Goalsetter, the financial technology upstart, has landed $3.9 million in a seed round.

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ETA Releases Annual Report on Advancing Economic Inclusion – Empowering Underserved Communities with Fintech

Electronic Transactions Association

OPEN FINANCE Open Finance, an extension of Open Banking, enables consumers and businesses to securely share their financial data with accredited third parties, allowing for improved access to financial services.

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How Have the Finovate Best of Show Winners Fared?

Fintech Labs Insights

Tuum: Raised $48M for its modular banking technology, gaining traction with banks and financial institutions across Europe. Mahalo Banking: Raised $21M for its banking software; successfully launched new features, experiencing strong growth in client base. QuickFi : Reported a 45% increase in loan volume.

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37 Corporate Innovation Labs In Finance

CB Insights

Visa’s Innovation Center aims to increase collaboration among teams working on tech solutions spanning tokenization, payment apps, mobile location confirmation, and more. DBS Bank — DBS Asia X (DAX). Customers can use this feature in three ways: ATM access code, mobile wallet access at the ATM, and mobile wallet at the teller.

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TRENDING: Will Millennials Flock To Next-Day Cash Back Debit Rewards?

PYMNTS

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.

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Monzo, Bunq and Caixabank: Creating a Domino Effect to Foster Greater Inclusivity in Fintech

The Fintech Times

Increasing accessibility and inclusion remain significant priorities for many banks and financial institutions, although, many are still falling short of what is expected of them. However, new initiatives are coming across the globe, with the aim of making it easier for a far larger number of users to access banking services.

FinTech 59