Latest Financial inclusion News: Finextra Research

Money 20/20: Latin American fintechs can serve the US better than US fintechs

Fintech firms born and bred in Latin America have survived and thrived in markets in which political and economic uncertainty requires new players to be agile and flexible.

28 October 2019

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Money 20/20: The Chinese payments space is a critical enabler for e-commerce

Shining the spotlight on Asia, key trends defining China’s place in the global e-commerce space are discussed in sessions at Money 20/20 USA’s Leadership Lodge, diving deep into how fintech firms are adapting to deliver broader, yet innovative services to support a diverse range of merchants with cross-border payments.

28 October 2019

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Zuckerberg to Congress: Libra is needed but Facebook not 'ideal messenger'

Mark Zuckerberg says that a global payments system like Libra "needs to get built" and that the US risks ceding financial leadership to China if it does not take the initiative. However, the Facebook CEO admits that his company is "not the ideal messenger right now".

23 October 2019

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Global stablecoins pose monetary sovereignty risk - G7 working group

Global stablecoins, such as Facebook's Libra, pose risks to financial stability, anti-money laundering efforts, anti-trust policy, and even monetary sovereignty, a new G7 working group has warned.

18 October 2019

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Sibos 2019: How to bank sustainably for a better world

The fourth and final day of Sibos 2019 in London focused on sustainability and climate risk finance, with Sir Roger Gifford, chair of the Green Finance Institute, kicking off talks on the Spotlight stage.

26 September 2019

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Santander InnoVentures invests in Mexican startup Klar

Santander InnoVentures has joined a $57.5 million debt and equity seed financing round for Klar, a Mexican startup bidding to take on traditional credit cards and debit services.

25 September 2019

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Chase opens doors to non-profits at new Harlem branch

Chase has opened a community-inspired branch model in Harlem, operating as an events and arts space combined with a custom lab for digital innovation and skills training.

25 September 2019

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Climate related risk management is now a ‘must-have’

On day two of the World Conference of Banking Institutes, executive director – business development of the Abu Dhabi Global Market Steve Barnett opened sessions with a focus on sustainability in emerging markets and explored how education is a core pillar when ensuring commitment to environmental, social, and governance (ESG) initiatives.

17 September 2019

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Banks back pilot bidding to unlock finance for sustainability in supply chains

Several major banks, including Barclays and Standard Chartered, have joined a pilot using blockchain technology to improve the sustainability of global supply chains.

17 September 2019

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Nordea hosts women-only hackathon

An app that shares investment stories from ordinary women to help educate and inspire other women has won a Nordea hackathon.

13 September 2019

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Accion raises funds to invest in seed stage financial inclusion fintech startups

Non-profit group Accion International is boosting its investment initiative for seed stage fintech startups working on financial inclusion, raising $23 million from investors and adding another $10 million from its own pocket.

04 September 2019

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Link vows to protect free access to cash on every UK high street

UK ATM network Link has promised to ensure that every high street in the country will have free access to a cash machine.

29 August 2019

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