ExploreOPINION | Killer Mike: Now’s time to plot, plan, mobilize, strategize “It’s shocking that a bank like this doesn’t already exist,” said John Hope Bryant, CEO of Operation HOPE, a nonprofit that helps unbanked consumers open checking accounts and improve credit scores. Black consumers are underrepresented at traditional banks. Truist, […]
Bank And Digital Inclusion
UAE-based FinTech Galaxy is accepting applications for its virtual hackathon that will focus on developing tools that can expand financial inclusion for businesses and individuals in the Arab world. The Yalla FinTech hackathon is a partnership between FinTech Galaxy and German development agency Deutsche Gesellschaft für Internationale Zusammenarbeit to boost […]
The Digital Apnayen Campaign, which was rolled out on August 15 to encourage customers to use digital banking channels, has propelled digital payment adoption with banks having on-boarded 1.58 crore customers in less than two months since launch, the Finance Ministry said on Friday. It has also resulted in deployment […]
© Provided by The Financial Express One example of India’s success in developing cutting-edge AI-powered digital platforms for financial inclusion is that India is mulling exporting low-cost digital payments solutions like UPI to other countries. By Abhishek Singh In his key note address at RAISE 2020, Professor Raj Reddy, one […]
First-of-its-kind digital supplier onboarding tool kit Smart financing solution to enhance supply chain collaborations between corporate clients and suppliers Dubai: As part of its ongoing digitisation strategy, Emirates NBD, a leading bank in the MENAT (Middle East, North and Turkey) region has launched a digital Supply Chain Financing platform for […]
Story by Nicolas Zoumboulis COVID-19 has led to a dramatic spike in money being sent digitally from countries like Australia and New Zealand to the Pacific, with those in the industry saying digital money transfers have grown by up to 400 per cent in places like Fiji and Samoa. But […]
Ecobank Ecobank Nigeria in partnership with Vanguard Conferences and Economic Forum Series will convene top tier thought leaders and industry professionals as speakers and panelists for its Digital Financial Inclusion Virtual Summit scheduled for 21st October 2020. The Speakers and panelists who are subject matter experts in digital transformation and […]
NEC has agreed to acquire Avaloq in order to secure a global pathway into the digital payments market. Announced on October 5, the deal will bring Avaloq under the Japanese IT group’s umbrella, although Avaloq will continue to operate using its own brand. Under the terms of the agreement, NEC […]
SBI had launched the YONO platform in November 2017 to help its customers’ banking, investment and shopping needs. Within three years of its launch, YONO, the digital banking platform of the country’s largest lender SBI, has a valuation of over USD 40 billion, the bank’s chairman Rajnish Kumar said on […]
Doha: In line with the Qatar Central Bank (QCB) directives to support all segments of the society and promote digital banking solutions, Qatar Islamic Bank (QIB) announced yesterday that domestic workers in Qatar can now open their own bank accounts with QIB, directly through the bank’s award winning Mobile App. […]
State-owned Punjab National Bank (PNB) on Friday launched a financial inclusion and literacy initiative ‘Gram Sampark Abhiyan’ to commemorate the 150th birth anniversary of Mahatma Gandhi. The nationwide campaign was launched by Minister of Agriculture and Farmers Welfare Narendra Singh Tomar, PNB said in a statement. […]
First Bank of Nigeria Limited, a leading financial inclusion services provider, recently announced that loans in excess of N17 billion had been disbursed to individuals, across the country. The loan disbursement is carried-out through FirstAdvance, its digital lending solution. FirstAdvance is designed to offer convenient and easy access to cash for […]
The financing agreement for the rural network project between the Ministry of Communications, Ghana Investment Fund for Electronic Communications (GIFEC) and the Export-Import Bank of China has been officially signed. Huawei will deploy 2000+ Rural Star sites for Ghana, which will provide voice and data services for over 3.4 million […]
– ZEEPAY, a fast-growing African fintech, today announced a partnership with Visa – The partnership will allow Africans in the diaspora to send money directly onto Visa debit and prepaid cards in Ghana – This will significantly expand ZEEPAY and Visa’s reach and ability to open up commerce to the […]
Technavio has been monitoring the biostimulants market and it is poised to grow by $ 2 bn during 2020-2024, progressing at a CAGR of over 12% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. […]
Diginex is the first company with a cryptocurrency exchange to be listed on Nasdaq HONG KONG, Oct. 2, 2020 /PRNewswire/ — Diginex Limited (“Diginex” or the “Company”), a digital assets financial services company, announced today that it has completed its business combination transaction (the “Transaction”) with 8i Enterprises Acquisition Corp. (Nasdaq: […]
The financing agreement for the rural network project between the Ministry of Communications, Ghana Investment Fund for Electronic Communications (GIFEC) and the Export-Import Bank of China has been officially signed. Huawei will deploy over 2000+ Rural Star sites for Ghana, which will provide voice and data services for over 3.4 […]
Fintech firms in Qatar are focused on improving the customer experience by providing more accessible financial services. Fintech solutions providers are helping with enabling greater financial inclusion, lower operational costs, and offering better security for applications, according to Burak Zatiturk, the Financial Services Leader at PricewaterhouseCoopers (PwC) Qatar. In an […]
© Provided by CNBCTV18 SBI signs MoU with HUL for an end to end digital solutions for ecosystem India’s largest lender State Bank of India has entered into a partnership with FMCG major Hindustan Unilever to offer corporate solutions to its trade partners. These digitized solutions have been created to […]
For the last few years, there has been an incredible elevation in customer expectations around digital banking. Customers expect more from their banks – they want to be able to access their bank accounts or access banking services from anywhere and at any time. The explosion in new digital banking […]
MANILA (Xinhua): The World Bank on Wednesday (Sept 30) said it has approved a US$600 million loan to support the Philippine government’s efforts to sustain social protection for the poor and most vulnerable families amid the Covid-19 pandemic. The loan will be used for a new project named the Philippines […]
New Delhi: The nation’s leading public sector bank, Punjab National Bank (PNB), had launched an innovative digital campaign, named as “DIGITAL APNAYEN,” on the 74th Independence Day, which is in line with the Department of Financial Services, Ministry of Finance, GOI guidelines encouraging digital banking under the coveted Digital India […]
© Provided by The Financial Express Fintechs have played a significant role in giving a strong impetus to digital avenues through a consumer-oriented prism. It is unimaginable to think about conducting daily transactions, without the existence of digital payments and other forms of technological influences we currently see in the […]
First Bank of Nigeria Limited, Nigeria’s leading financial inclusion services provider, recently announced that loans in over the sum of 17 billion naira have been disbursed to individuals, across the country. The loan disbursement is carried-out through FirstAdvance, its digital lending solution. FirstAdvance is designed to offer a convenient and […]
For its recent digital efforts for inclusive and accessible digital banking during this pandemic, Rizal Commercial Banking Corporation (RCBC) was named 2020 Best Digital Bank in the Philippines by Asiamoney, besting all other banks in the country. Asiamoney, a financial publication established in 1989, cited the introduction of DiskarTech inclusion […]