Latest Financial inclusion News: Finextra Research

UK government embraces Payment Initiation with TrueLayer appointment

The UK government has given financial API provider TrueLayer the green light to provide public sector organisations with its Payment Initiation Service (PIS).

02 June 2020

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Mobile banking service for US immigrants launches

Welcome Technologies, an outfit that works to support immigrants to the US, has joined forces with Green Dot on a digital banking product.

29 May 2020

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Jingle Pay to launch neobank in the UAE

Dubai-based fintech startup Jingle Pay is bringing neobanking to the Middle East, starting with its home turf of the UAE.

28 May 2020

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GoBear raises $17 million for underbanked play

Singaporean financial services platform GoBear has raised $17 million in funding from returning investors Aegon and Walvis Participaties.

27 May 2020

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Dutch National Bank to lead way in digital euro development

Just as there is expectation of the development of central bank digital currencies (CBDCs) in China, Sweden, the UK and elsewhere in the years to come, a digital euro is also thought to be on the cards.

21 May 2020

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Ant Financial injects $73.5 million into Myanmar's Wave Money

Ant Financial is to pour $73.5 million into mobile financial services provider Wave Money as part of an initiative to promote financial inclusion for the unbanked in Myanmar.

18 May 2020

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Mastercard to open Israeli fintech-cyber innovation lab

Mastercard is joining forces with energy outfit Enel X to establish a lab in Israel working on innovation in financial technology and cybersecurity.

14 May 2020

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Is it time to believe the blockchain hype?

Finextra Research has collaborated with Deloitte's Richard Walker, HSBC's Mark Williamson and Ciaron Roddy and BBVA's Francisco Maroto amongst others and to produce a detailed report on the future of blockchain technology in financial services: Where is the industry now? Where could it go? How do we get there?

12 May 2020

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Mastercard makes massive financial inclusion pledge

Mastercard has expanded its worldwide commitment to financial inclusion by pledging to bring a total of 1 billion people and 50 million micro and small businesses into the digital economy by 2025.

11 May 2020

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Andreessen Horowitz raises $515m for crypto fund

Venture Capital firm Andreessen Horowitz has raised $515 million for its second fund focused on crypto networks and businesses.

01 May 2020

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Covid-19 is a call to action for regulators to boost financial inclusion

Speaking at Innovate Finance’s virtual panel for UK Fintech Week 2020, Alicia Levine, COO, Chipper Cash, believes that now is the time for regulators to step up and provide fintech companies with a clear path toward regulated activity.

21 April 2020

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Fintech to spur financial inclusion

Fintech can spur financial inclusion by facilitating payments, but it is not a panacea and comes with risks that need to be managed, concludes a report by the Committee on Payments and Market Infrastructures (CPMI) and the World Bank.

16 April 2020

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