842 Results from /inclusion
David Hensley Founder at Enryo Limited
The fintech revolution has transformed the way we bank, invest, and manage our finances. But while fintech has been embraced by younger consumers, older adults have been slower to adopt these new technologies. A survey conducted in 2022 by PWC for the 2022 Global Fintech Adoption Survey* highlighted the clearly highlighted this gap:- 18-24 66.6% ...
28 August 2023 /payments /inclusion Imagine a world without cash
Abhinav Paliwal CEO at PayNet Systems- A Neo Banking Software Platform
Traditional banking is becoming outdated. People are increasingly preferring to conduct everything online, and if your bank does not provide such options, it will fail. This period of transition is also an excellent time to enter the banking industry, which has been dominated by monopolistic firms for many years. What is a Digital Banking Platfor...
28 August 2023 /inclusion Fintech innovation and startups
Steve Haley Director of Market Development and Partnerships at Mojaloop Foundation
What’s in a Name? RTP vs RTRP vs IPS vs Faster Payments One of the fun things about working on a global trend is watching the alphabet soup of acronyms and buzzwords diverge and converge. The US and UK are largely still using the term “faster payments,” and you hear that from international financial institutions like the World Bank. The rest of the...
25 August 2023 /payments /inclusion Financial Inclusion
Donica Venter Marketing coordinator at Traderoot
Embarking on this article, we join Jan Ludik, CEO of Traderoot, as he delves into the rapidly expanding realm of digital banking and the indispensable role that fintech innovation plays in driving its upward trajectory. In recent times, the transition from conventional banking to digital platforms has transcended from a matter of convenience to an...
25 August 2023 /payments /inclusion Digital Banking
It is a voucher-based system aimed to improve the efficiency and transparency of government welfare systems and other benefits. What is e-RUPI? The National Payments Corporation of India (NPCI) created e-RUPI, a digital voucher-based payment system. It primarily focuses on targeted welfare payments, allowing for the secure and direct transmission
25 August 2023 /inclusion Fintech innovation and startups
Although the terms "neo bank" and "digital bank" can be used interchangeably, they are not similar. Before we proceed, let us clarify the primary differences between these concepts. The terms "neo banks" and "digital banks" are frequently used together, and their attributes can overlap. The fundamental diff...
22 August 2023 /inclusion Fintech innovation and startups
In simple terms, seigniorage is the profit that a government or central bank makes from issuing currency. It is the difference between the cost of producing the currency and the face value of the currency. For example, if it costs a government £0.10 to produce a £1, then the seigniorage for that is £0.90. Surprisingly seigniorage is considered a ...
21 August 2023 /regulation /inclusion Imagine a world without cash
Janine Grainger CEO at Easy Crypto
In a world where technological advancements continually reshape the way we live, it's no surprise that traditional financial systems are starting to show their wrinkles. But what if I told you that many of these money irritations could be solved right now, thanks to crypto? Money, the lifeblood of modern society, brings with it a slew of everyday ...
20 August 2023 /inclusion /crypto
The Fintech Platform seeks to change how people manage their money. It offers a comprehensive set of resources and services with the goal of improving financial management, increasing savings, and facilitating smooth transactions. What is a White Label Fintech Platform? A fintech platform is a digital platform that provides financial services and ...
16 August 2023 /inclusion Fintech
Digital payments are becoming increasingly popular all over the world. In 2022, the global digital payments market was valued at over $7 trillion and is expected to grow to over $10 trillion by 2028. There are many benefits to increasing digital payments, including: Convenience: Digital payments are much more convenient than cash or checks. You ca...
14 August 2023 /payments /inclusion Imagine a world without cash
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