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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 demand for secure, fast, and modern payment solutions has been pressing.

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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.

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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 demand for secure, fast, and modern payment solutions has been pressing.

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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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Need to Know | The Payment Partner of the Future: Balancing Customer Value and Business Growth

Stax

. “Payments can be really important as a way of helping those companies drive additional revenues that they wouldn’t otherwise see, because they wouldn’t normally participate in those payment streams.” ” The interview also highlighted the rapid pace of technological advancement, particularly in AI.

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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.