Regulating FinTechs

Regulating FinTechs This editorial is based on “Regulate FinTechs, but not with a Bludgeon” which was published in The Hindu BusinessLine on 11/08/2022. It talks about the current status of regulation of Fintechs in India and the right approach to regulate them. For Prelims: FinTech, Neobanks, Cryptocurrencies, RBI’s FinTech RegulatoryContinue Reading

Visa believes fintechs have a crucial role to play:Egypt

Visa Everywhere Initiative (VEI), a global open innovation program that invites fintech and payment startups across the globe to showcase their innovative products and solutions, was held in Egypt for the first time. “We are very proud of the presentation of VEI in Egypt, as it proves our strong confidenceContinue Reading

Charting New Economic Roadmap with FinTechs

Emma Okonji examines the economic potential of FinTech players in the development of Nigeria and the need to grow and mentor technology startups to drive such development All over the world, there is a paradigm shift from oil-based economy to knowledge-based economy that is driven by technology. Just as technologyContinue Reading

Regulation is Necessary as Ugandan Fintechs See Growth

For players in Uganda’s fast-expanding financial technology (fintech) ecosystem, it was something of a relief when the National Payments Systems Act 2020 was enacted. Previously, there was a sense of being in limbo and a mounting concern due to the minefield of potential problems that lay in wait for lackContinue Reading

Fintech’s key roles in achieving financial inclusion

By Bjorn Biel M. Beltran, Chelsey Keith P. Ignacio, Special Features Writers,and Adrian Paul B. Conoza, Special Features Assistant Editor ONE OF the most notable shifts seen during the coronavirus disease 2019 (COVID-19) pandemic is the growing use of digital payments. Although cash and coins are still used, electronic walletsContinue Reading

Inclusive Fintech 50 launches 2021 competition to recognize early-stage fintechs driving innovation in an era of uncertainty

WASHINGTON–(BUSINESS WIRE)–The Center for Financial Inclusion (CFI) has launched the third year of Inclusive Fintech 50 (IF50), a competition to recognize the most promising inclusive fintech startups pushing the frontiers of innovation. This year, the competition seeks to recognize early-stage fintechs that are helping low-income customers and micro- and smallContinue Reading

Unlocking Opportunities in Fintechs | THISDAYLIVE

Minister of Communications, Dr. Isa Ali Pantami Special report Olusegun Adeniyi and Obinna Chima Despite the increasing activities of financial technology (fintech) companies in the country, there is need for the federal and state governments to focus on developing policies that would boost contribution of the sector to the country’sContinue Reading