PYMNTS

OCTOBER 1, 2020

The pandemic has exposed the pain points of all verticals when it comes to payments, and especially when it comes to transacting in person, in a tactile environment, with cash, and where banking conduits are limited. Banks have been inching into the space; cash still remains a hallmark. Looking Toward Underserved Markets .

B2B 108

B2B Underserved Wire Transfer Payments 108

The Fintech Times

FEBRUARY 4, 2025

Mobile phone usage in Senegal has surpassed 60 per cent this year. The majority of traditional financial services infrastructure, such as ATMs and point-of-sale terminals, are concentrated in the capital city of Dakar, leaving rural areas underserved. appeared first on The Fintech Times.

FinTech 59

FinTech Financial Inclusion Online and Mobile Banking Central Bank 59

PYMNTS

OCTOBER 22, 2020

Although lower costs and increased availability of new peer-to-peer (P2P) payment systems have allowed more first-time users to enjoy the ease and benefits of the banking system, the fact remains that 1.7 The fact that more telecom companies are now offering basic mobile payment services is also helping to bridge the unbanked gap.

P2P 82

P2P Underserved Online and Mobile Banking Multi-Currency 82

CB Insights

JANUARY 5, 2021

In the past few years, the burgeoning popularity of digital banks has only underscored the severity of these problems, with upstarts like Chime and SoFi offering cheaper, faster, and more convenient banking experiences. . get the state of challenger banks report. First name. First name. Company Name. Phone number. Source: PwC.

Online and Mobile Banking 98

Online and Mobile Banking Financial Inclusion Checks Federal Reserve 98

Fintech Finance

JULY 9, 2024

NOW Money , one of the leading inclusive digital payroll and banking platform for migrant workers, today announced its new strategic partnership with Mastercard , a global technology company in the payments industry. Customers can handle payments, transfers, and other financial operations directly from their mobile phones.

Visa 98

Visa Financial Inclusion Fraud Detection Financial Literacy 98

Fintech Review

JULY 24, 2024

We will explore success stories, the pivotal role of mobile money , and the unique challenges faced. The Role of Mobile Money Mobile money is a cornerstone of fintech in emerging markets. In many parts of Africa, mobile money services have seen explosive growth. In India, Paytm has revolutionised digital payments.

FinTech 105

FinTech Online and Mobile Banking Financial Literacy Financial Inclusion 105

PYMNTS

DECEMBER 18, 2018

Virtual bank Radius Bank — which services small businesses (SMBs), micro-firms and consumers — is rolling out a revamped digital banking platform and a mobile banking app, the company said on Monday (Dec. The platforms have added new digital solutions for financial budgeting and tracking as well.

Online and Mobile Banking 49

Online and Mobile Banking Treasury Venmo Underserved 49

The Fintech Times

MARCH 27, 2025

Moniepoint , a Nigeria-based fintech offering an all-in-one banking, credit, and cross-border payment solution for African businesses and their customers, is on a mission to help businesses and individuals digitise their operations. to provide infrastructure and payment solutions for banks and financial institutions.

FinTech 59

FinTech Financial Inclusion Cross-Border Payments Online and Mobile Banking 59

The Fintech Times

JANUARY 31, 2024

Lloyds Banking Group is shutting down its mobile van banking service this year and closing 123 branches, sparking concern over reduced access to essential financial services, particularly in rural and underserved areas. is unhappy with Lloyds’ decision to stop its mobile van banking service.

Financial Inclusion 69

Financial Inclusion Bank Closure Online and Mobile Banking Underserved 69

The Fintech Times

JANUARY 23, 2025

We often explore how fintechs are changing the banking and payments landscapes, and sometimes look into how their solutions are supporting financial inclusion and helping people develop healthy financial habits.

FinTech 64

FinTech Financial Literacy Cross-Border Online and Mobile Banking 64

Fintech Finance

MAY 29, 2025

With the launch of a new payment system, the platform now automates the collection of funds into integrated business bank accounts—aiming to double its transaction volume via SEPA Instant. “At YowPay, our mission is to simplify SEPA transfers for merchants across Europe.

Automation 89

Automation Online and Mobile Banking Payments Small Business 89

CB Insights

FEBRUARY 13, 2020

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments.

Online and Mobile Banking 98

Online and Mobile Banking Payment APIs and Integration Payments Push-to-Card 98

Fintech Review

APRIL 11, 2025

Over the years, weve covered a broad range of fintech topics from digital banking to decentralised finance , regtech , green fintech , and more. This includes services like mobile banking, peer-to-peer payments, investment platforms, and blockchain applications. Consumer trust in banks plummeted.

FinTech 52

FinTech Online and Mobile Banking Payment APIs and Integration Cross-Border 52

Fintech News

JULY 23, 2024

The list, produced by CNBC in collaboration with market research firm Statista, highlights the world’s top 250 fintech companies across eight market categories: payments, wealthtech, business process solutions, neobanking, alternative finance, financial planning, digital assets and banking solutions. billion (US$4.4

FinTech 133

FinTech Online and Mobile Banking Multi-Currency Non-Bank 133

PYMNTS

DECEMBER 28, 2016

-backed Chinese online bank is gearing up to launch soon following on the heels of establishing the bank. one of the bank’s investors, said Tuesday (Dec. 27) shareholders and regulators signed off on the name Sichuan XW Bank. The bank) will be officially open to users in the near future.”. consumers and 74.6

Online and Mobile Banking 40

Online and Mobile Banking Underserved Mobile Payments Consumer 40

Fintech Finance

OCTOBER 29, 2024

Orange Middle East and Africa (OMEA) ( www.Orange.com ) and Mastercard have announced a strategic partnership to expand access to mobile financial services across Sub-Saharan Africa. The partnership will be rolled out in seven countries including Cameroon, Central African Republic, Guinea-Bissau, Liberia, Mali, Senegal and Sierra Leone.

Visa 97

Visa Digital Payments Financial Inclusion Online and Mobile Banking 97

Electronic Transactions Association

FEBRUARY 22, 2023

The report, Advancing Economic Inclusion—Empowering Underserved Communities with Fintech , highlights the innovative products and services revolutionizing the way commerce is conducted through safe, secure, convenient, and rewarding solutions.

Underserved 40

Underserved Online and Mobile Banking Financial Literacy FinTech 40

The Fintech Times

JANUARY 21, 2025

EAZY Financial Services ‘EazyPay’, a Bahraini financial institution specialising in point-of-sale (POS) and online payment gateway acquiring services, has teamed up with Tarabut , the MENA region’s regulated open banking platform. Conister Bank Limited has launched an online deposit system for its UK retail customers.

FinTech 59

FinTech Payment APIs and Integration Multi-Currency Online and Mobile Banking 59

PYMNTS

MAY 23, 2017

Indian digital payments firm Paytm has officially launched a niche payments bank as part of its drive to double its customer base to 500 million over the next three years. The payments bank operates 31 branches and 3,000 customer points in its first year, the company noted in a release. billion in Paytm’s parent, One97 Communications.

Underserved 43

Underserved Online and Mobile Banking Payments Economy 43

The Fintech Times

OCTOBER 29, 2024

Orange Middle East and Africa is strategically partnering with global payments giant Mastercard to expand access to mobile financial services across Sub-Saharan Africa. Only 48 per cent of the African adult population is banked, according to the African Digital Banking Transformation Report.

Visa 59

Visa Financial Inclusion Online and Mobile Banking Debit Card 59

CB Insights

AUGUST 26, 2021

UK-based Zepz (previously known as WorldRemit Group) offers several online banking services, including money deposit and collection, mobile money and top-ups, and online cashless transactions. The round drew participation from Accel, LeapFrog Investments, Technology Crossover Ventures, and Farallon Capital Management.

Online and Mobile Banking 69

Online and Mobile Banking Underserved Volume Participant 69

PYMNTS

JANUARY 13, 2017

12) the national launch of a mobile payments bank, which, according to a report , is India’s first one. According to the report, Airtel is taking advantage of a big push by the Indian government to accelerate financial inclusion and bring more competition to the market by issuing payment bank licenses.

Mobile Payments 40

Mobile Payments Online and Mobile Banking Push-to-Card Financial Inclusion 40

Clearly Payments

OCTOBER 7, 2024

Cash Usage Decline : The World Bank reported that cash usage in advanced economies declined by nearly 50% during the pandemic, with consumers opting for digital and contactless payment methods instead. Consumers quickly embraced mobile wallets and tap-to-pay cards, driven by the desire to minimize physical contact during transactions.

Cross-Border 105

Cross-Border Processors Multi-Currency Contactless Payments 105

Fintech Finance

MAY 9, 2024

This revolutionary service provides over 5 million Lebanese citizens with the ability to manage their payments securely and transparently for local and international purchases without needing a bank account. Through Wink Pay, we can simplify and digitize customer onboarding, as well as facilitate online payments.

Payment APIs and Integration 97

Payment APIs and Integration Technology Online and Mobile Banking API 97

CB Insights

OCTOBER 10, 2018

Traditional banking products, including checking, credit, and savings accounts, are under threat from a new crop of digital-first startups. Many of these startups are launching products without a bank charter and targeting a very specific customer base. DOWNLOAD THE 61-PAGE consumer banking REPORT. savings accounts.

Online and Mobile Banking 78

Online and Mobile Banking Debit Card Credit Cards Non-Bank 78

Fintech News

SEPTEMBER 10, 2024

Asia Pacific point-of-sale payment methods – Select markets, Source: Beyond Payments: Digitalization Trends in the Cross-Border Checkout Revolution, Deloitte, Jul 2024 Payment interoperability The growth of digital payment innovations in APAC has emphasized the need for connectivity and interoperability in both online and offline transactions.

Cross-Border Payments 109

Cross-Border Payments Cross-Border APACS Interoperability 109

The Fintech Times

JANUARY 7, 2025

Consumers in the Philippines are demanding so much from online technologies, that research from Digido , the Filipino online lender, has found the digital lending market could reach $1billion in the second half of 2025. Digido revealed that in terms of market structure, non-bank digital lenders are expected to make up 55.2

Non-Bank 64

Non-Bank Online and Mobile Banking Underserved On-Demand 64

PYMNTS

JANUARY 22, 2020

Grab , Razer , AirAsia , Axiata and CIMB join other companies that are considering applying for digital banking licenses in Malaysia, sources told Reuters on Wednesday (Jan. Some are in discussions with consultants for guidance as they ponder a move into digital banking, according to the sources, who are familiar with the matter.

eWallet 54

eWallet Online and Mobile Banking Void Non-Bank 54

The Fintech Times

JULY 28, 2024

. “SteelWave Digital can further bridge the financial accessibility gap by expanding its strategic partnerships with global liquidity providers to enhance capital flows into underserved markets. “Fintechs working to bridge this gap should focus on developing a superior user experience within the online platform and mobile channel.

FinTech 92

FinTech Financial Inclusion Online and Mobile Banking Financial Literacy 92

Neopay

FEBRUARY 26, 2024

New research from Economist Impact supported by Temenos finds that European banks are fighting back against competition from platform players, neobanks and payment providers. European banks are also migrating core banking systems to public cloud and SaaS in greater numbers than their counterparts in other regions.

Online and Mobile Banking 52

Online and Mobile Banking Non-Bank Underserved AI 52

Fintech News

SEPTEMBER 4, 2024

However, recent stringent regulations imposed by the Reserve Bank of India (RBI) have significantly impacted the sector, leading many fintech companies to reassess their BNPL strategies. Similarly, Slice, originally a BNPL firm, has transitioned to offering prepaid credit cards and is now merging with North East Small Finance Bank.

BNPL 109

BNPL Online and Mobile Banking Credit Limit Credit Cards 109

PYMNTS

NOVEMBER 29, 2017

India-based Paytm Payments Bank not only wants to become the world’s largest digital bank , but also to evolve into a financial services company providing a slew of services like wealth management and trading. 28), Paytm founder Vijay Shekhar Sharma said the company is aiming to have 500 million bank accounts.

Online and Mobile Banking 48

Online and Mobile Banking Debit Card Underserved NOV 48

Fintech News

FEBRUARY 20, 2024

In 2022, the country was home to 993 active fintech companies, representing about 25% of all fintech ventures operating across the ASEAN region, data from a 2022 report by the United Overseas Bank (UOB), PwC Singapore and the Singapore Fintech Association (SFA) reveal. billion to US$15 billion during the period. in July 2023.

FinTech 125

FinTech Online and Mobile Banking Payment APIs and Integration Security 125

PYMNTS

SEPTEMBER 4, 2020

At a high level, SoftPOS – short for software point of sale – lets merchants take contactless payments across their own mobile devices and tablets. And retailers across any range of settings are finding value in offering buy online, pickup in store ( BOPIS ) offerings.

Contactless Payments 95

Contactless Payments Online and Mobile Banking Push-to-Card Underserved 95

PYMNTS

JANUARY 3, 2020

In late June, the Monetary Authority of Singapore (MAS) sent a ripple through the global financial services ecosystem with the announcement of its intention to issue five digital bank licenses to eligible applicants. Oversea-Chinese Banking Corp. and United Overseas Bank Ltd. billion ($1.1 Grab + Singtel .

Online and Mobile Banking 52

Online and Mobile Banking Underserved Financial Literacy Authorization 52

Finovate

MARCH 7, 2025

As a proliferation of payment options promises to streamline banking and commerce, regulators, fintechs, and financial services companies are looking for ways to make sure that the challenges to these new payment optionsfrom technical complexity to new forms of fraud and financial crimeare met. And thats a really positive development.

Payments 52

Payments Push-to-Card Online and Mobile Banking P2P 52

PYMNTS

FEBRUARY 8, 2018

challenger bank Coconut, which launched only weeks ago to provide banking services for freelancers, has landed a new partner. 7) said PrePay Solutions (PPS) is working with the company to provide Coconut its banking infrastructure and prepaid card technology. Reports Wednesday (Feb.

Online and Mobile Banking 43

Online and Mobile Banking Underserved Small Business Economy 43