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Facilitating Access to Finance in Underserved Communities Through Digital Banking

The Fintech Times

Winning on various levels For Jaime Dominguez , principal marketing manager at Q2 Holdings , the digital banking, digital lending, and banking-as-a-service solutions provider, there is no singular reason why digital banking is so helpful in underserved communities. “Finally, digital banking contributes to financial education.

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Somalia Launches First Nationwide Instant Payment System Powered by BPC

Fintech Finance

While Somalia’s financial sector has seen remarkable growth in recent years, a significant portion of the population remains underserved or unbanked. ” The post Somalia Launches First Nationwide Instant Payment System Powered by BPC appeared first on FF News | Fintech Finance.

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What’s Fueling Southeast Asia Fintech Golden Age?

Fintech News

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. million registered users. appeared first on Fintech Singapore.

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Somalia Launches First Nationwide Instant Payment System Powered by BPC

Fintech Finance

While Somalia’s financial sector has seen remarkable growth in recent years, a significant portion of the population remains underserved or unbanked. ” The post Somalia Launches First Nationwide Instant Payment System Powered by BPC appeared first on FF News | Fintech Finance.

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Fintech Solutions for SMEs: Unlocking Growth Potential

Fintech Review

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.

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PayJoy Finds Smartphone Financing Enables Work and Financial Stability for Working Mothers in Mexico

The Fintech Times

The latest to do so is PayJoy , the financial service provider to the underserved in emerging markets, as it reveals how smartphones are enabling working mothers in Mexico to have financial stability. It’s no surprise that more than half (55 per cent) report that their income has increased because they now have access to a smartphone.

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AfricaNenda Launches 2024 Annual Report: Advancing Inclusive Instant Payment Systems for Broader Financial Inclusion in Africa

Fintech Finance

Financial inclusion is not just about facilitating transactions; it is about providing the infrastructure, rules, and governance that enable individuals and businessesespecially women and underserved communitiesto participate fully in the digital economy.