Tag "financial inclusion"

Why Asia Needs Alternative Credit Scoring

While progress has been made in expanding financial inclusion, there are still billions of people in the world who do not have access to basic banking services, including access to credit. Between 2011 and 2014, the number of people worldwide

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Paycent: Mobile and Cashless Transactions to Improve Financial Inclusion

Singapore-headquartered Texcent is aiming to be the global leader in mobile payments and cashless transactions. It offers a digital payment platform (Paycent) with fully integrated mobile applications, enabling its users to transact in real time 24/7 while allowing merchants to

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Mobile Payment Platform Cheers Global Wallet Taps Underbanked Population; Get paid for anything you do on Mobile

Singapore-based Cheers Now  and its Global Wallet is tapping into a greenfield opportunity in Fintech through a rich mobile money ecosystem that enables app developers to financially connect global users within their platforms. This will enable users of any app to transfer

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Alternative Credit Scoring Providers In Southeast Asia You Have To Know

Globally, almost 50% of adults have no access to banking-type services of any description. The lack of access to basic financial services has created major barriers for people to overcome poverty by making it almost impossible for individuals and businesses

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Green Finance And How Fintech Can Enable Sustainable Development

In 2015, the United Nations’ 195 member countries adopted their Sustainable Development Goals (SDGs) and committed to the global transition from the fossil-fueled industrial era to low-carbon, knowledge-richer, green economies. But this change depends in part on a reset of

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MyCash Online: A Malaysian Marketplace for Foreign Workers in Southeast Asia

Southeast Asian startup MyCash Online is an online marketplace designed for migrant workers in Malaysia and Singapore. It provides easy, secure and convenient services to the underbanked. MyCash Online offers an e-wallet service that allows users to reload phone credit,

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Cambodia’s Fintech Industry Set to Thrive

Cambodia’s fintech ecosystem is more nascent than other markets in Southeast Asia and lagging behind the likes of Thailand and the Philippines. Yet, this landscape is quickly changing as engaged institutional partners are set to add to the pace of

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Blockchain to Bring Financial Inclusion, Provide Low-Cost Financial Services

Blockchain technology has the potential to bring financial inclusion to the world’s 2 billion unbanked by providing low-cost banking and financial services, reducing risk and enhancing financial innovation. Blockchain technology refers to a protocol that allows peer-to-peer transfer of assets

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How Fintech Can Be The Key Driver of Financial Inclusion

Fintech companies use software and digital platforms to deliver financial services to consumers and businesses. These digital tools and solutions often disrupt established business models by creating new and more efficient means of providing services. In the context of financial

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Fintech in Myanmar, an Overview

In countries like Myanmar, financial inclusion is a topic of growing importance. The rapid advances in technology are changing the way people access and consume financial products. In Myanmar, fintech companies and corporations are capitalizing on the country’s rapid development

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