Latest Financial inclusion News: Finextra Research

India begins digital rupee pilot

The Reserve Bank of India has begun a wholesale digital rupee pilot, with a retail trial set to follow within weeks.

01 November 2022

South Africa readies for real-time low value payments

South Africa's top four banks are to begin the roll out of Payshap, a low value, interbank, real-time digital payments service aimed at increasing financial inclusion to the underbanked segement.

01 November 2022

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Egypt's Money Fellows raises $31m to digitise money circles

Egyptian fintech Money Fellows has raised $31 million for its mobile-based platform for money circles - where a group of people put money into a pot for a specific period so that they can save and borrow together.

31 October 2022

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Saudi wealth fund launches $24bn tech fund

A sovereign wealth fund led by Saudi crown prince Mohammed Bin Salman has launched a $24bn investment fund targetting the Middle East tech sector.

28 October 2022

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AFP 2022: Bank and corporate DEI advocates dare firms to be different

The Association for Financial Professionals (AFP) annual conference featured a session Monday called 'Dare to be Different'. During the hour-long programme, a panel featuring diversity, equity, and inclusion experts from Goldman Sachs, Loop Capital, and Dropbox emphasised the financial and organisational advantages of increasing access and career advancement opportunities for women and minorities.

25 October 2022

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Money2020 US: Serena Williams and JP Morgan on picking a tech winner

The Money20/20 US headline act brought together none other than the GOAT Serena Williams and JP Morgan’s head of payments, Takis Georgakopolous, to dissect the latest and greatest trends across payments, and how to pick a winning venture investment.

24 October 2022

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Money20/20 US: Zirtue takes 'America's Got Access' crown

Relationship-based lending app Zirtue has scooped up the $100,000 top prize at Money20/20's new startup pitch competition, 'America's Got Access'.

24 October 2022

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Lloyds launches fintech sandbox with NayaOne

UK high street bank Lloyds has stepped up its efforts to engage with fintechs with the release of its Innovation Sandbox supported by NayaOne.

19 October 2022

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Indian PM Modi hails fintech revolution in digital banking push

India's prime minister Narendra Modi has announced the launch of 75 digital banking units (DBUs) in a move that he says will improve the banking experience for users and boost financial inclusion.

17 October 2022

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Mastercard invests in Egyptian fintech fund

Mastercard has invested in Nclude, a fintech focused VC investment platform launched in partnership with Egypt’s leading national banks – Banque Misr, National Bank of Egypt and Banque Du Caire.

13 October 2022

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Sibos 2022: ‘The biggest problem with ESG is its complexity’ – Brown Brothers Harriman

At Sibos 2022 in Amsterdam, we spoke to Adrian Whelan, global head of regulatory intelligence, Brown Brothers Harriman, ahead of his panel session, ‘Green, clean, and ESG: Rewiring capital markets for a new generation of responsible investors.’

13 October 2022

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Sibos 2022: India’s regional banks – the state of play

Ahead of Sibos 2022, Finextra spoke to Baldev Prakash, managing director and CEO of one of the oldest private sector banks in India, Jammu & Kashmir Bank, about their technology roadmap, the subcontinent’s economic recovery and the geopolitical implications of the Russia-Ukraine conflict despite being a smaller bank.

10 October 2022

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