Financial Inclusion
DBS PayLah! Users Redeemed More Than 1 Million Meal Subsidies in Less Than 3 Months
More than one million hawker meal subsidies have been redeemed by Singapore residents in less than three months since DBS rolled out its ‘5 Million Hawker Meals’ scheme. DBS offered cashbacks of up to SGD 3 to the first 100,000
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Huawei and bKash to Advance Financial Inclusion in Bangladesh in line with SDGs
In the bustling nation of Bangladesh, home to a vast population, a digital transformation has taken the nation by storm as the mobile financial services (MFS) sector experiences unprecedented growth. Recent data from the central bank reveals that a staggering
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GXS Bank Launches Flexible, Instant Personal Loans From S$200
Grab and Singtel’s GXS Bank has launched its instant personal loan product available to all eligible individuals in Singapore which includes having a minimum annual income of S$20,000. Customers can apply for the GXS FlexiLoan from as low as S$200
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Can Fintech in Bangladesh Catch Up with its South Asian Neighbours?
In recent years, Bangladesh has seen rapid growth in its fintech sector, fueled by the widespread adoption of mobile technology. This has enabled financial services to reach millions of previously unbanked citizens, leading to a remarkable rise in financial inclusion
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Why Rural Banks Are Essential to the Microfinance Ecosystem of Laos
Rural banks fulfil different roles in different countries, but across the board they help to promote financial inclusion efforts to move the local population – many who have never possessed a bank account – to participate in the regional economy.
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Is Islamic Fintech in Indonesia Catching On?
With a burgeoning population and a young, tech-savvy workforce, Islamic Fintech in Indonesia is ripe for growth. In recent years, the country has seen a boom in fintech startups, and the industry is now one of the most promising in
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Mastercard to Expand Farm Pass Programme Across APAC
Mastercard announced today at the Singapore Fintech Festival that it would expand its Farm Pass digital platform across the Asia Pacific region. The expansion will build on the success of the Farm Pass platform in India, where it has helped
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Singaporeans Still Visit ATMs and Branches Despite Using Banking Apps, Survey Says
Many Singaporeans are still using ATMs and visiting bank branches even though close to nine in 10 Singaporeans (88 percent) use mobile banking at least a few times a month. An inaugural national survey on digital inclusion and resilience conducted
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Indonesia’s GajiGesa Rolls Out Its Earned Wage Access Services on WhatsApp
GajiGesa, an Indonesian Earned Wage Access (EWA) platform, has announced the launch of its services on WhatsApp to provide workers access to their earnings in real-time. Through GajiGesa’s platform, employers can allow their employees to access a portion of their
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ADVANCE.AI Ties up With Visa to Enhance Its Credit Decisioning Services
ADVANCE.AI, a Singapore-based artificial intelligence (AI) and big data company, is partnering with Visa to enhance its credit decisioning for the unbanked and underbanked segments across Southeast Asia. The strategic data partnership will see ADVANCE.AI integrate Visa’s Cardholder Transaction Score
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