Yangon, Myanmar, 13 January 2020 - The Greater Sub-Mekong Region is in the midst of a coordinated push towards financial inclusion. In Myanmar, adults with access to at least one formal financial product increased from 30% in 2014 to 48% in 2018, surpassing the initial 2020 targets of 40%. Current figures on formal financial inclusion in Cambodia show an inclusion rate of 59%. More needs to be done to bridge the gap in the region.
During the month of May, Populus Financial's ACE Cash Express stores raised $55,599 for Back on My Feet through ACE's annual fundraising event, the Give A Little Campaign. Populus Financial Group also made an annual corporate donation of $100,000 to the organization.
Britain’s Financial Conduct Authority (FCA) is investigating whether sharing data with outside competitors could be extended beyond banks to savings, insurance, mortgages, investments, pensions and consumer credit to increase innovation and choice.
Banking apps backed by SoftBank Group Corp, China’s Tencent Holdings Ltd and others are proliferating in Brazil, offering such a dizzying array of choices that skeptics say a shakeout looks increasingly inevitable.
Google, Alibaba and other “Big Tech” companies could be forced to share data on financial services customers with banks and financial technology firms to prevent unfair competition.
Announcing at the COP25 climate summit in Madrid, Mastercard has extended its collaboration with Swedish fintech Doconomy to offer cardholders carbon footprint tracking based on purchases made through the Bank of Åland’s cloud-based Åland Index.
To discuss how to leverage the value of technology to improve customer experience and deliver efficiencies, Insurance Nexus is bringing together a team of experts including Eric Spencer (Chief Claims Officer, Ameriprise), Amrish Singh (Head of Product, Metromile) and Fred Lemire (Director of Claims Adminstration, AIG) as well as our moderator Bryan Falchuk (Best-selling Author, for a live webinar, Results-Driven Claims Innovation: Unlock the Real Value of Claims Tech‘ on December 10th at 11:00am ET.
TAS USA Inc., part of TAS Group today announced that it has signed a deal with Super Processor Inc., a full-service payment processor based in Hawaii, to provide its end-to-end card payments platform, CARD 3.0 I.E., and deliver innovative issuing and acquiring functionalities to cover the entire payments value chain.
PSD2 SCA has been one of the most discussed topics for merchant payment professionals before and after its implementation deadline, on September 14, 2019. What are the lessons learned from the PSD2 SCA implementation project so far?
Paydoo and IXOPAY agree on a partnership to broaden their offerings in Europe. About the partnership, the Founder at Paydoo Sam Kohli says: “We are delighted to announce our partnership with IXOPAY. Not only are they a great team but they have developed a product suite that extends beyond a flexible and integrated gateway solution.
Trustly and digital recycling refund solution iPANT are pleased to announce a partnership that lets people recycle their empty bottles at reverse vending machines (also known as RVMs or pantmaskiner) in their housing complexes and receive their refund directly back to their bank account.
In a recent survey by State Street Global Advisors, 52% of European investors cited regulation as the key driver toward ESG adoption. Yet, despite attempts to introduce regulatory requirements, a lack of standardisation in reporting obligations is proving a significant challenge towards achieving meaningful progress.
Working in tandem with Amazon Web Services and Mastercard, Finnish fintech Enfuce has launched My Carbon Action, a digital tool that allows businesses to track and calculate the carbon dioxide equivalent (CO2e) emissions of every purchase and provide insights into their climate change impact.
Swedish mPOS vendor iZettle has launched a recycled card reader made from fishing ropes and nets collected from the North and Baltic seas.
Intelling, a blog and analyst specializing in the secure transactions industry, is proud to announce it has published a new White Paper on the evolution of the relation between government identity and private identity.
By 2020, US business to business (B2B) payments are expected to reach $23.1 trillion according to Deloitte. This is driven by cloud technology, which is accelerating the digital transformation of the payments industry, providing customers with a myriad of convenient payment methods.
The future of payments and banking industry. EastMed Ltd, announced the 3rd Annual E-Payments and Online Banking summit will be held under the patronage of Central Bank of Bahrain on 8-9 April 2020 in Manama, Bahrain.
Payvision released a new ebook exploring the future of commerce payments. The research looks into how the next generation of payments is reinventing the shopping experience, giving merchants clear insight into key strategic retail trends.