865 Results from /inclusion
Kyrylo Reitor Chief Marketing Officer at International Fintech Business
Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures are essential components of a robust compliance framework for financial institutions worldwide. These procedures help to prevent financial crimes, protect the integrity of financial systems, and mitigate risks associated with illicit activities. By adhering to international standa...
24 October 2024 /payments /inclusion Banking
Francesco Fulcoli Chief Compliance and Risk Officer at Flagstone
The rise of social media as a powerful platform for influencing financial decisions has brought with it significant risks, especially when it comes to "finfluencers" social media personalities offering financial advice or promoting investment products. While these influencers may have the trust of their audiences, the UK's Financial Cond...
23 October 2024 /inclusion /crime Fintech
Azimkhon Askarov Co-partner at CONCRYT
Gen Z is known to lead the charge when it comes to the adoption of new payment methods – which is good news for BNPL, which has had some high-profile knock-backs and more than its share of negative headlines. Buy Now, Pay Later (BNPL) saw explosive growth during the pandemic, which continues now during the cost-of-living crisis. As such, it has es...
21 October 2024 /payments /inclusion
Briana Marbury CEO at Interledger Foundation
Due to their legacy infrastructures, most financial systems around the world are either partially or fully closed, even while digital interconnectivity is becoming ubiquitous. This prevents them from attracting external innovation and keeps them disconnected from other markets. While it’s possible to create workarounds that would increase access t...
15 October 2024 /payments /inclusion Financial Inclusion
Arun Poojari CEO & Co - Founder at Cashinvoice
MSMEs are the heartbeat of economic vitality, fueling 30% of our GDP and generating a wealth of job opportunities. Recognizing the growing importance and number of MSMEs in the sector, now numbering 64 million, the government has introduced initiatives like Udyam to boost credit growth and provide incentives to support the industry. Despite this, ...
14 October 2024 /regulation /inclusion Fintech
Nikunj Gundaniya Product manager at Digipay.guru
Near Field Communication (NFC) technology is transforming business transaction handling and offering a safe and quick payment solution. As a business owner, you understand the need to provide your customers with easy payment choices. The global NFC market size is projected to reach USD 34.9 billion by 2025, at a CAGR of 14.2% during the forecast p...
14 October 2024 /payments /inclusion Banking
The digital economy is forcing businesses to simplify payment processes by using digital wallet solutions. Online transactions can be easily handled with digital wallets—a convenient & safe approach. Including digital wallet technologies in your business processes will help greatly improve the customer experience, cut transaction times, a
In today’s highly dynamic financial world, the necessity of viable solutions that allow unbanked and underbanked people to use banking services has become more pressing than ever. One of the primary strategies to cope with this problem is agency banking. This model allows banks to extend their services without the need to establish physical branch...
11 October 2024 /payments /inclusion Banking
Janine Grainger CEO at Easy Crypto
You’re at the dinner table, the BBQ is sizzling, or you're small talking with colleagues at work - suddenly, conversation stalls. Heads turn toward you, the resident crypto enthusiast, and before you know it, someone asks the inevitable: “So… how’s that crypto looking?” If you’ve ever convinced anyone to join team crypto, this scenario is all too ...
09 October 2024 /inclusion /crypto
The Financial Conduct Authority (FCA) has set higher standards for financial services firms through the implementation of the Consumer Duty, a key part of its 3-year strategy to promote transparency, fairness, and consumer protection. In a recent multi-firm review conducted in early 2024 and published the 9th of October, the FCA evaluated how pay...
09 October 2024 /regulation /inclusion Fintech
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