Financial Inclusion
Fintech in Bangladesh: Nascent but Growing
Bangladesh’s undeveloped financial system, huge unbanked population, and increasing smartphone penetration rate, have fueled the development of innovative digital finance solutions. Home to 160 million people, Bangladesh is the world’s eighth densely populated country and one of the top performing
Read MoreWhy 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
Read MorePaycent: 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
Read MoreThe Role Of Digital Finance In Financial Inclusion In Southeast Asia
Asian Development Bank’s (ADB) recently concluded study on digital finance in the region found that addressing digital finance in the countries focused on could boost their gross domestic product (GDP) greatly. The study, named “Accelerating Financial Inclusion in Sout-east Asia
Read MoreMobile 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
Read More