Financial InclusionRSS

Kenya leads Africa in financial inclusion innovation

De-risking in Africa

Kenya is leading the way when it comes to digital innovation for financial inclusion in Africa, according to research by the Consultative Group to Assist the Poor (CGAP). Earlier this year, CGAP says it invited firms and organisations to submit proposals for digital innovations they believe have the most potential to advance financial inclusion in […]

Doreming brings it for Lien Viet Post Bank retail banking ambitions

State Bank of Vietnam in major tech overhaul

Doreming, a Japanese financial inclusion firm, has signed a memorandum of understanding (MoU) with Lien Viet Post Bank to build a solution for managing and paying wages to workers in Vietnam through the bank’s Vien Viet non-physical card. Doreming provides businesses with an HR platform that enables workers to receive pro-rata payments, “easing cash flow […]

Petal uses machine learning to underwrite credit without credit score

Petal

After two years of stealth technology development and $3.6 million in venture capital backing, New York City-based Petal has announced a credit card that uses machine learning to underwrite customers instead of traditional credit scores.

Tech City UK calls for start-ups for financial inclusion challenge

uk flag

Tech City UK is looking for start-ups for a competition to find the best products and services from the fintech sector that promote financial inclusion. As part of the UK Government’s Digital Strategy, the Department for Digital, Culture, Media and Sport (DCMS) has asked it to hunt for the best across the country. The competition […]

Mastercard and Commonwealth Bank work for financial inclusion in Indonesia

Indonesia

Commonwealth Bank and Mastercard are working together to improve financial inclusion for Indonesian women with a focus on business owners.

Hong Kong regulator grins thanks to financial inclusion wins

Hong Kong

The Hong Kong Monetary Authority (HKMA) is in a happy mood as the region’s financial inclusion initiatives are progressing well. Norman Chan, HKMA chief executive, visited three retail bank branches in northern Tin Shui Wai area of Hong Kong today (17 August) to understand the situation of branch services from bank representatives and staff, and […]

Abu Dhabi’s first fintech innovation challenge for start-ups launched

FINTECH ABU DHABI INNOVATION CHALLENGE

Abu Dhabi Global Market (ADGM) and KPMG are launching the first Fintech Abu Dhabi Innovation Challenge – a five-week programme for “innovative and mature start-ups across the globe”.

Banking Technology July/August 2017 issue out now

Banking Technology July/August 2017

Set sail for fintech! The latest edition of our flagship magazine – Banking Technology – is out now, packed with news, analysis and insights, case studies, research and expert commentary.

Money20/20 Europe: a finale for financial inclusion

Money20/20 Europe 2017:

For the finale of the final day of Money20/20 Europe, financial inclusion was discussed with resolute optimism for a bright future.

Fintech funding round-up: 22 June 2017

funding

It was only yesterday we did a fintech funding round-up. But as there’s a mad dash for cash, here’s another one. Features Digital Financial Services Lab, TrueLayer and Enterprise Ireland. Digital Financial Services Lab (DFS Lab) will invest $250,000 in four separate fintech start-ups that are building products to help low-income consumers in developing markets. […]

@banking
techno