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Avoiding Over-Regulation: American Fintech Council Warns That FDIC New Act Could Hinder Innovation

The Fintech Times

However, the AFC , on its mission to promote a transparent, inclusive, and customer-centric financial system by supporting responsible innovation in financial services and encouraging sound public policy, has taken issue with this proposal suggesting it is overregulating the market, and could potentially impact the freedom of regulation.

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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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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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The Journey of Payments and Clearing Systems in India

Finextra

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. PIDF scheme to subsidize PoS devices in underserved areas), and bringing more individuals into the formal banking fold.

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How Can Fintechs Ensure Traditional Financial Service Providers Place More Emphasis on Inclusivity?

The Fintech Times

Unlike traditional banks and financial service providers, which are often constrained by legacy systems and processes, fintechs are often more flexible – enabling them to quickly build solutions that better support underserved communities. “Regulation is one of the most powerful tools we have, but its a double-edged sword.,

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How modern payments processing has changed: In conversation with BPC

The Payments Association

The ability to quickly adapt to changing regulations and market conditions has also become a critical differentiator, as payment processors navigate an increasingly complex compliance landscape. Agility and adaptability are no longer nice-to-have traits, but essential capabilities for modern payment processing platforms.

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The CRA Wake-Up Call: Why Technology Is Now a Compliance Imperative for Banks

Lending Front

But regulators and the communities banks serve are rapidly raising the bar. If underserved SMBs cant reasonably access bank products because the digital experience is outdated or limited, regulators may start to see that as a modern form of exclusion. Are our products truly reaching LMI and underserved entrepreneurs?