IFC and Fidor to champion financial inclusion in Africa and LatAm
MOU to identify opportunities to expand digital banking services to boost financial inclusion.
Financial Inclusion
PayU and Kreditech muscle into India’s lending market
Providing cardless equated monthly instalments (EMIs) to finance the online purchases of consumers in India.
Ant Financial invests $184.5m in Telenor Microfinance Bank
Ant Financial now owns a 45% stake in Pakistan’s Telenor Microfinance Bank (TNB).
RBL Bank in lendtech project with CreditVidya
India-based RBL Bank has teamed with provider of credit underwriting solutions CreditVidya.
Interview: Caren Robb, Letshego – look on the bright side
Creating inclusive banking for remote communities.
Banking Technology March 2018 issue out now
Fintech with flourish. Nourish your brain.
NCR overhauls ATM network at BankDhofar, expands ATM access in India
The breadth of NCR’s work with financial institutions and underbanked populations around the world.
NAB is a Good Shepherd for Microfinance
Speckle is launched in Australia – a new service offering small loans under $2,000.
Huddlestock and Acuity bring mobile trading to Sri Lanka
Offering the ability to “crowd-trade and access investment ideas”.
eCurrency Mint and Rizal to launch digital cash in Philippines
Plan to make it available by Q2 this year.
Juvo gets Samsung investment for smartphone boost
Samsung will bring Juvo access to billions of underbanked prepaid users across the globe.
London Assembly calls for change for short changed youth
Wants a bank account for every young Londoner.
Executive profile: Solana Cozzo, Mastercard
It’s a good thing Solana (“Sol”) Cozzo is high energy. When she’s not literally running or chasing after 3-year-old twins, she’s running Mastercard’s North American prepaid and inclusive growth business. It’s hard work when you consider that “the cardable opportunity is about seven times the current market,” she says.
Barcode Payments Spread across Africa with M-vendr, PiP iT
M-vendr, a U.K.-based tech company with a POS pay-in system across 12 African nations, has signed an agreement with international cash payments platform PiP iT to integrate the latter’s barcodes across its network of 45,000 merchant locations.
Mastercard, Commonwealth Bank Work for Financial Inclusion in Indonesia
Commonwealth Bank and Mastercard are working together to improve financial inclusion for Indonesian women with a focus on business owners.
Abu Dhabi Launches its First Fintech Innovation Challenge for Startups
Abu Dhabi Global Market and KPMG are launching the first Fintech Abu Dhabi Innovation Challenge—a five-week program for “innovative and mature startups across the globe,” with a chance to win $15,000 in prize money.
Ant Financial Forms JV with CIMB Subsidiary for Digital Financial Services
In another step to expand its global footprint and promote financial inclusion, Ant Financial Services Group on July 24 announced it’s entering into an equity joint venture with CIMB Group Holdings Berhad subsidiary Touch ‘n Go Sdn Bhd (TNG). The JV will introduce a “world-class mobile platform for payments and other financial services,” the companies said.
