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Malaysia-based Axiata and RHB had entered a memorandum of understanding to apply for a digital banking licence under the framework issued by Bank Negara Malaysia (BNM).
digital banking, partnership, financial inclusion, central bank
Monetary Authority of Singapore (MAS), financial inclusion, central bank, banks, money laundering
We sat with Samantha (Sam) Saperstein, Head of Women on the Move at JP Morgan Chase who shared insights on helping women advance their careers, their companies, and the quality of their lives
financial services, banks, financial inclusion, JP Morgan
unbanked, banks, digital banking, product launch, financial inclusion
Sue-Ann Seet, Head of Asia at dLocal, gets into details about why a mostly unbanked market like the Philippines represents such a great opportunity for ecommerce
ecommerce, unbanked, mobile payments, financial inclusion, e-wallet, digital payments
partnership, financial inclusion
Interledger Foundation, online payments, unbanked, digital payments, financial inclusion
e-wallet, financial inclusion, mobile payments
Kasikorn (KBank), a Thailand-based large bank, has been reportedly furthering exploration of a project that seeks to bypass financial intermediaries using decentralised finance (DeFi), according to CoinDesk.
blockchain, DeFi, banks, financial inclusion
John Rolle, the Governor of the Central Bank of Bahamas, has shared some updates on the rollout of the Bahamas’ central bank digital currency (CBDC) which went live in October 2019.
CBDC, central bank, digital currency, cash, financial inclusion, mobile payments, e-wallet
Mastercard, Uber, partnership, financial inclusion, online payments
investment, financial inclusion, banks
US-based Greenwood, a digital banking startup designed for Black and Latino consumers and businesses, has raised USD 40 million from a host of US financial institutions.
digital banking, financial inclusion, lending, funding, Visa, Citi
banks, financial inclusion, product launch, financial institutions
Green Dot Corporation has deposited close to USD 2.6 billion in stimulus payments to eligible recipients as of 12 p.m. ET Monday, 15 March 2021.
digital banking, bank account, financial inclusion
financial inclusion, data, credit scoring, Experian
During the annual National Budget Debate, Jamaica’s Minister of Finance has announced the CBDC will be piloted in December 2021 ahead of launch.
CBDC, financial inclusion, fintech, central bank
Square’s industrial bank, Square Financial Services, has begun operations after completing the charter approval process with the Federal Deposit Insurance Corporation (FDIC) and the Utah Department of Financial Institutions.
Square, digital banking, SME lending, financial services, financial inclusion
Saudi Central Bank, SAMA, Sudi Arabia, instant payments, financial inclusion, sarie, online payments
U.S. Faster Payments Council, product launch, financial inclusion, recurring payments, real time payments, Financial Inclusion Work Group, Real-Time Recurring Work Group