Financial Inclusion

Central Bank Digital Currencies Not a Silver Bullet for Financial Inclusion, BIS

While central bank digital currencies (CBDCs) have the potential to increase financial inclusion by lowering financial access barriers, they aren’t a silver bullet and must be part of a broader suite of tools and strategy that focuses on promoting universal

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Is Southeast Asia Entering Its Golden Age of Fintech?

Despite limited access to traditional banking services, rising smartphone penetration and rapid e-commerce growth have led to an increase in the use of digital financial services in Southeast Asia. Today, the region is emerging as a hotspot for fintech innovation

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Digital Financial Services Picks Up Steam in Cambodia

Over the past few years, digital financial services have seen greater adoption in Cambodia, a trend that was accelerated by the COVID-19 pandemic and the social distancing measures put in place to limit the spread of the virus. Rising usage

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How Fintech and Digital Platforms are Driving Financial Inclusion Around the World

In both advanced and emerging economies, new digital platforms are helping to advance financial inclusion by improving access to payment services, credit, insurance and wealth management. In a new working paper titled Platform-based business models and financial inclusion, the Bank

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Mastercard, Grab to Provide Digital Upskilling for Millions of Informal Workers and SMEs

Mastercard and Southeast Asian superapp Grab announced a regional partnership to provide millions of informal workers and small businesses on the latter’s platform access to digital upskilling opportunities This push to advance digital and financial inclusion in the region aims

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Driving Financial Inclusion With BNPL and Smarter Decisioning

While news headlines broadcasting Buy Now, Pay Later’s (BNPL) incredible adoption trajectory are a daily occurrence, innovative lenders know that BNPL offers more than a growth story. It’s an opportunity to make headlines about how their business is empowering consumers

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Mambu: Fintech Innovation Could Solve Indonesia’s Financial Inclusion Challenges

A recent study of 2,000 global consumers by Mambu, a banking and financial services platform, revealed that both banked and unbanked individuals feel underserved, with 56% of banked customers claiming that there are other services they should be able to

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Fintech Innovation Key to Improving Financial Awareness and Accessibility in Vietnam

A recent study of 2,000 global consumers by Mambu, a banking and financial services platform, revealed that both banked and unbanked individuals feel underserved, with 56% of banked customers claiming that there are other services they should be able to

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Mambu: Financial Literacy Still a Sticking Point Among Singaporeans

A recent study of 2,000 global consumers by Mambu, a banking and financial services platform, revealed that both banked and unbanked individuals feel underserved, with 56% of banked customers claiming that there are other services they should be able to

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Vietnam, Philippines, Indonesia Among Top 10 Most Unbanked Countries in the World

Among the top ten most unbanked countries in the world, three are located in Asia Pacific (APAC), namely Vietnam, the Philippines and Indonesia, according to data provided by British research platform Merchant Machine. Vietnam ranks second in the top ten

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