Latest Financial inclusion News: Finextra Research

Ghana pilots blockchain-based credentials and CBDC for global trade

The Bank of Ghana (BoG) has completed a proof-of-concept into the use of digital credentials for international trade and CBDC-based cross-border payments.

31 July 2024

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Egypt's MNT-Halan raises $157.5m for regional push

Egyptian fintech unicorn MNT-Halan is prepping regional expansion after securing around $157.5 million in funding.

25 July 2024

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FCA calls on financial institutions to improve treatment of PEPs

The FCA has told financial firms to do more to ensure politically exposed persons (PEPs) and their families are not treated unfairly.

19 July 2024

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UK Economic Secretary Tulip Siddiq called on to reduce APP fraud reimbursement to £30k

This news comes a week after the UK payments group issued a plea to Chancellor Rachel Reeves to impose a 'Tech Levy' on social media giants to pay for the impact of payments fraud originating from their platforms.

11 July 2024

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Mobile bank TBC Uzbekistan receives $15m from EBRD and IFC

Based in Central Asia, digital banking provider TBC Uzbekistan is a subsidiary of London-listed TBC Bank Group.

11 July 2024

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G+D unveils offline payments tech

Germany's Giesecke+Devrient (G+D) has unveiled a token-based system for secure offline payments.

04 July 2024

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Visa Foundation focused on empowering women entrepreneurs

Visa Foundation is supporting women in growing their small businesses and making them more resilient, increasing economic mobility and creating wealth for themselves.To learn more about the financial inclusion efforts made by the organisation, Finextra spoke to Najada Kumbuli, vice president and head of investments at Visa Foundation.

28 June 2024

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Digital euro would maintain freedom to choose how Europeans pay - ECB

With Europe inching towards the issuance of a digital euro, the ECB has embarked on a charm offensive, taking to media outlets across the continent to reassure citizens that the new payments option will compliment, not replace, cash and provide them with greater freedom of choice.

27 June 2024

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Uzbek mobile bank TBC secures $10m credit from impact investor responsAbility

TBC Bank aims to expand its microlending business and promote financial inclusion in Uzbekistan, Central Asia’s largest country by population.

21 June 2024

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EBAday 2024: Derisking correspondent banking and cross border payments

Taking to the stage on the second and final day of EBAday in Lisbon, Portugal were Erik Frantz, executive director, financial institutions – banks, CaixaBank; Roisin Levine, head of UK and Europe partnerships, Wise Platform; Rafael Linde, head, international development and global relationship management, Cecabank; Dean Sposito, head of institutional cash and trade finance, Western Europe, Deutsche Bank; and Gareth Lodge, senior analyst, payments, Celent, who moderated the session.

19 June 2024

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RBC partners Nova Credit to help immigrants bring their credit history with them

Royal Bank of Canada has enlisted Nova Credit to help migrants leverage their international credit history when they arrive in the country.

19 June 2024

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EBAday 2024: Fintech Zone finalists revealed!

For the sixth year running, EBAday will host a dedicated Fintech Zone, where 16 early stage and growth startups will compete for the chance to be crowned the 2024 winner.

11 June 2024

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