Fintech News

JANUARY 12, 2025

First, the report emphasizes Southeast Asias relatively underdeveloped traditional financial infrastructure and its large pool of financially underserved populations, which present significant opportunities for digital financial services. billion underbanked adults.

FinTech 120

FinTech Financial Inclusion BNPL Cross-Border 120

The Fintech Times

JULY 3, 2025

Fair Finance , a non-profit social business tackling financial exclusion, has teamed up with Vanquis , a specialist finance provider for financially underserved customers, to launch a new decline referral scheme. This follows calls from regulators and the government for a collaborative approach that prioritises customer well-being.

Assessments 59

Assessments Finance Financial Inclusion Underserved 59

The Fintech Times

MARCH 18, 2025

Together, we are simplifying card issuance and creating new pathways for financial access for the underserved populations in South Africa.” . “We are equipping fintech companies with market-relevant solutions that enable them to scale effectively.

Financial Inclusion 80

Financial Inclusion Visa Underserved Processors 80

Fintech Review

NOVEMBER 27, 2024

Despite their significant contributions to GDP and employment, SMEs in emerging markets remain underserved by traditional banking. With digital banking, mobile payments, and microloans, fintechs allow underserved businesses to participate in the formal economy. Fintech companies see this gap as an opportunity to innovate.

FinTech 105

FinTech Cross-Border Cross-Border Payments Online and Mobile Banking 105

The Fintech Times

JANUARY 13, 2025

Beyond a moral obligation, its a practical move, as customers increasingly prefer companies prioritising environmental, social, and governance factors. It designs solutions that enhance lives, like providing underserved communities with credit or promoting financial literacy. “A fintech for good embeds purpose into its core.

FinTech 59

FinTech Financial Inclusion Underserved Blockchain 59

Fintech News

DECEMBER 4, 2024

KakaoPay lets users send money, pay bills, and shop with just a few taps, while PayPay’s strong government backing has driven rapid adoption in retail and transport, seamlessly connecting users to everyday financial services. Source: Pixabay Meanwhile, South Korea’s KakaoPay and Japan’s PayPay have also carved out significant niches.

Embedded Finance 113

Embedded Finance Finance Payment APIs and Integration BNPL 113

PYMNTS

JANUARY 17, 2020

Government Efforts. Our business goal is to help those who are underserved or underprivileged (when it comes to internet access). federal government could also serve as a growing force in such efforts. communities. Expensive Cities. If widespread and continuous coverage is the aim, many satellites are needed.

Underserved 52

Underserved Payments Governance Government 52

The Fintech Times

FEBRUARY 4, 2025

However, in recent decades, the government has engaged in efforts to diversify the economy to include other agricultural products, as well as non-agricultural sectors such as tourism and natural resources like oil, gas, and gold. Historically, Senegals economy has centred around agriculture, particularly peanuts.

FinTech 59

FinTech Financial Inclusion Online and Mobile Banking Central Bank 59

Fintech Finance

AUGUST 28, 2024

Rellevate’s leading digital banking, disbursements, and wallet solutions are designed to unlock access to payments technology for underserved communities. Together, Rellevate and Mastercard will work with local, city and state governments to create ways for their constituents to access and manage their money faster and more efficiently.

Visa 96

Visa Digital Payments Financial Inclusion Underserved 96

The Paypers

FEBRUARY 11, 2025

Mambu , a cloud banking platform, has partnered with Money DD , a subsidiary of the Government Savings Bank (GSB) of Thailand, to launch Good Money for underserved communities.

Underserved 41

Underserved Government Governance 41

Fintech News

MAY 29, 2025

To strengthen its cross-border payment capabilities, the Cambodian government has expanded Bakongs integration with global platforms such as Alipay+ , Malaysias Maybank , and South Koreas JB Financial Group. Transaction value reached a total of KHR 64.9 trillion, a YoY increase of 140%, while digital payments in USD reached 99.8

Instant Payments 73

Instant Payments Cross-Border Payments Online and Mobile Banking Cross-Border 73

The Fintech Times

SEPTEMBER 27, 2024

Despite its political unrest and economic challenges, Myanmar has shown significant progress in the fintech sector, bringing financial services to underserved populations. In 2021, the military overthrew the elected government of Aung San Suu Kyi and her National League for Democracy party, sparking ongoing protests and unrest.

Financial Inclusion 102

Financial Inclusion FinTech Underserved Central Bank 102

Fintech News

MARCH 24, 2024

The resolution of previous compliance issues related to risk management and corporate governance has allowed Akulaku to resume its BNPL service. This financial support is instrumental in propelling our continuous efforts to meet the unique financial requirements of underserved communities across Southeast Asia.”

Finance 117

Finance Security BNPL Underserved 117

Fintech News

JUNE 16, 2025

Right now, the focus is on setting up the Nexus scheme organisation, which will oversee the scheme’s structure, governance and operations. We also saw that the multilateral model works in practice—not just technically, but also in terms of governance, operational and commercial alignment.

Cross-Border Payments 71

Cross-Border Payments Cross-Border APACS ISO 20022 71

Fintech News

DECEMBER 15, 2024

This rapid transformation is fueled by government initiatives aimed at building a cashless society, as well as the growing appetite for convenience among consumers and businesses alike. Both their retail banking and business banking apps boast a 4.8

Online and Mobile Banking 104

Online and Mobile Banking On-Demand Economy Transactions 104

The Payments Association

MARCH 18, 2025

But these opportunities are accompanied by mounting risks around data governance, security, and regulatory fragmentation. For payments firms, this opens doors to alternative credit scoring, smarter risk assessment, and deeper customer engagementbut also significant challenges around governance and trust. reached $1.1

Finance 88

Finance Payment APIs and Integration Non-Bank Embedded Finance 88

The Paypers

SEPTEMBER 6, 2022

Citigroup has joined a government-sponsored effort to expand access to credit in underserved communities, launching two pilot programs early in 2023.

Underserved 69

Underserved Government Governance 69

Finextra

FEBRUARY 11, 2025

Today, Mambu announces the success of its partnership with Money DD, a subsidiary of the Government Savings Bank (GSB) of Thailand.

Underserved 52

Underserved Government Governance 52

PYMNTS

OCTOBER 22, 2020

She said the global pandemic has simply advanced a movement that has been underway for years, which has sought to provide banking access and digital financial services to underserved communities, mostly through mobile devices. The Cash Culture.

P2P 82

P2P Underserved Online and Mobile Banking Multi-Currency 82

Finextra

JUNE 11, 2025

Reserve Bank of India (RBI) Establishment (1935): The RBI was established to regulate currency, provide banking services to the government, and act as a banker to banks. subsidies for fertilizer use within a stipulated period), enhancing transparency and targeted delivery of government benefits.

Financial Inclusion 52

Financial Inclusion Payment APIs and Integration Real Time Gross Settlement (RTGS) Funds Transfer 52

Fintech Finance

OCTOBER 29, 2024

Since the Maharashtra State Government launched the Majhi Ladki Bahin Yojana in July 2024, Airtel Payments Bank has successfully enrolled over 4.5 lakh women in the initiative. Among these, 3.57 lakh accounts are linked to the Direct Benefit Transfer (DBT) system, with 2.75 lakh women already receiving their notified benefits.

Accounts 95

Accounts Financial Literacy Correspondent Enrollments 95

Fintech Review

APRIL 19, 2025

This flexibility opens doors to underserved segments that were previously priced out of traditional enterprise software. Platforms that embrace proactive governance and regtech integrations are better positioned for long-term growth. Some platforms even offer their software for free, monetising solely through embedded financial flows.

Finance 94

Finance FinTech Embedded Finance Payment APIs and Integration 94

PYMNTS

APRIL 15, 2020

Although members of both parties want to pass the funding, Democrats are lobbying for a portion of the cash to be available for hospitals, food assistance and state and local governments. Last week, a deal to pass more government aid stalled in Congress when Democrats and Republicans dueled and then recessed until Monday. “We

Small Business 92

Small Business Underserved Treasury Mitigation 92

Finextra

JUNE 18, 2025

Their mission to provide secure, user-friendly banking solutions for underserved communities aligns perfectly with our vision for modern financial crime controls. By adopting scalable AI-powered monitoring tools, OnePay reinforces its leadership in proactive compliance and fraud prevention.

AML 52

AML Compliance Financial Crimes AI 52

Fintech Review

MAY 10, 2025

They also maintain relationships with governments, corporations, and regulators that fintech firms cannot easily replicate. This implicit guarantee reinforces their influence over markets and governments. Fintech apps attract younger users, underserved populations, and digitally native businesses.

Central Bank 52

Central Bank FedWire Push-to-Card Regulations 52

The Fintech Times

JANUARY 31, 2025

Many fintechs and financial institutions often make big claims that they can enhance support to the previously underserved, positively impact the environment, or improve peoples lives in many other ways. Additionally, fintechs should prioritise strong governance and ethical leadership, ensuring ethical behaviour is embedded at the top.

FinTech 64

FinTech Audit Financial Inclusion Advisors 64

Fintech News

SEPTEMBER 30, 2024

Around 60 digital banking industry leaders from Malaysia gathered at the event, joined by Swedish and Malaysian government representatives. Working together with the best local partners will make our world leading technology available to further enable ASEAN banking industry to reach underserved segments of the economy.”

FinTech 109

FinTech APACS Economy Financial Inclusion 109

PYMNTS

NOVEMBER 11, 2020

The number of individuals on government benefits using online shopping for groceries has increased 50-fold since the beginning of the pandemic. households are now using government benefits each month to buy groceries online. More than 1 million U.S. The eCommerce giant, having already almost hit saturation with higher-income U.S.

Underserved 76

Underserved Government Governance Participant 76

Fintech Review

MAY 6, 2025

Where profitability and mature governance take precedence over pure top-line expansion. Recent Developments and Challenges While Checkout.com has continued expanding geographically and product-wise, it has not been immune to market challenges. Leadership changes, including the departure of key executives, signal a new phase.

Payment APIs and Integration 52

Payment APIs and Integration Payments Processors Alternative Payment Methods 52

The Fintech Times

AUGUST 14, 2024

Through this, it hopes to help foster the responsible adoption of AI technology in the financial services sector, including technologies that reduce human biases and increase access to financial services for historically underserved communities, as well as improve the resilience of the financial services industry.

Treasury 69

Treasury AI Innovation FinTech 69

The Fintech Times

JUNE 23, 2025

Among its calls to action are: A call to the FCA to foster a more diverse credit market, encouraging mission-driven lenders and use of alternative data A call to aggregators, marketplaces and lenders to prioritise fair outcomes for customers A call to lenders across the sector to remove bias from the credit decision-making process A call to the government (..)

BNPL 40

BNPL Financial Inclusion Underserved Governance 40

PYMNTS

AUGUST 31, 2020

We are very optimistic about the supply chain financing industry and see substantial financing needs in China's underserved [SMB] sector," she said, according to the release. "SY The release stated that supply chain finance has been effective as a way to fund SMBs and has been supported by the Chinese government.

Innovation 94

Innovation CHIPS Underserved Finance 94

PYMNTS

MAY 23, 2017

Paytm has recently seen its fortunes greatly buttressed by the Indian government’s decision to ban high-value currency notes late last year.

Underserved 43

Underserved Online and Mobile Banking Payments Economy 43

PYMNTS

NOVEMBER 3, 2020

The firm continues to care for its core customer set of underbanked, underserved customers. government stimulus payments as they rolled in, mostly over a matter of about three days. And so, we're more than happy to pivot in that direction, but still take care of our core underbanked, underserved customer with better propositions.”.

B2B 112

B2B Payment APIs and Integration Underserved Debit Card 112

The Payments Association

DECEMBER 18, 2024

This transformation will enable low-cost access to financial systems, empowering underserved communities and fostering inclusion. Technological advancement and regulatory pushes towards cashless economies are driving this. Reserve banks mandating reduced cash use will enhance security and economic participation.

Cross-Border 88

Cross-Border AI Push-to-Card Real Time Payments 88

Clearly Payments

MARCH 11, 2024

Recognizing the potential risks and opportunities associated with cryptocurrencies, Canadian regulatory bodies have been proactive in developing frameworks to govern their use. Focus on Consumer Protection: The government seems more focused on consumer protection and staying informed about the evolving crypto landscape.

Cryptocurrency 104

Cryptocurrency Consumer Protection Financial Inclusion Payments 104

PYMNTS

JUNE 22, 2020

The nonprofit Opportunity Fund — which makes loans to small businesses owned by low- and moderate-income immigrants, women and other underserved clientele — started 2020 fairly optimistically. We have to remember that before COVID, particularly the underserved small businesses, they were not flush with cash,” she said.

Small Business 98

Small Business Underserved Participant Governance 98