Monzo launches bank account for children
Monzo, the UK-based digital bank, has announced the upcoming launch of a new, free bank account tailored specifically for children aged 6 to 15.
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Category: inclusion
Carrefour tests new technologies for visually impaired customers
Carrefour Belgium has introduced a new innovative, system designed to help visually impaired customers shop more independently.
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Mastercard and African Development Bank Group reveal digital access plan
Mastercard and the African Development Bank Group have partnered to extend digital access to critical services in Africa over the next 10 years.
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TerraPay and Diamond Trust Bank Uganda partner to expand international transfers
TerraPay has partnered with Diamond Trust Bank Uganda (DTBU) to expand international money transfers
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Boom targets Africa’s unbanked with new blockchain-powered payment platform
Boom, a blockchain-based ecosystem for digital payments has launched Boom Pay, an online payment gateway designed to help merchants collect payments from almost 2 billion unbanked customers across Africa.
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Start-up series: How Credify is tackling bankability in Egypt
Abdelrahman Rashwan founded Credify in July 2022 with a clear aim of solving a bankability problem in Egypt’s fintech space. He recently explained to Seamless Xtra’s Mark Dowdall why data is so important to all of this.
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Arab National Bank and IDEMIA launch braille printed payment card in Saudi Arabia
IDEMIA Secure Transactions (IST) has partnered with arab national bank to launch the first card with braille printing technology in Saudi Arabia.
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UPI integrates with PayNow to enable cross-border remittances
This interoperability milestone comes as result of close collaboration between the Reserve Bank of India (RBI) and Monetary Authority of Singapore (MAS) who see UPI adoption in cross-border transactions as key to improving overall financial inclusion.
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South Africans can now withdraw cryptocurrency as cash at designated ATMS
An app that integrates with users’ crypto wallets so they can withdraw their cryptocurrency as cash at designated ATMS across South Africa has been unveiled by payment company, Paycorp.
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Nigerian government partners with eGate and Visa on digital ID and payment card
The Nigerian government (Nasdra) has agreed a deal with eGate and VISA, to enhance the country’s digital infrastructure and provide citizens with digital identity and unified payment cards.
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TerraPay and Nequi ink global remittances deal for Colombians
Through the deal TerraPay and Nequi are aiming to streamline payments to Colombians from over 200 countries and remove key pain points that often come with receiving remittances.
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Flutterwave launches Swap, a digital FX solution for Nigerians
Payments technology company, Flutterwave has launched Swap, a digital FX platform for Nigerians in partnership with Wema Bank and Kadavra BDC
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Hitachi Payment Services launches India’s first UPI-ATM
Hitachi Payment Services has partnered with National Payments Corporation of India (NPCI) to launch the country’s first UPI-ATM eliminating the need to use physical cards for cash withdrawals.
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Qarar and Biz2X launch cloud-based SME lending platform in Saudi Arabia
Data analytics and credit decisioning company Qarar and fintech Biz2X are aiming to bridge the financing gap faced by SMEs in Saudi Arabia with a new cloud-based lending platform
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Mastercard and Ingiz partner on digital payments app in Egypt
Ingiz, a family financial management start-up in Egypt, has partnered with Mastercard to launch a digital payments app designed to drive financial literacy and inclusion among young people.
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Safaricom launches M-PESA in Ethiopia
Safaricom’s M-PESA app is currently ready in five languages for android devices and available on play store; and will be available for IOS devices in the coming weeks.
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Nigeria’s Wema Bank teams up with Enza to boost e-commerce services
The partnership is seen is a further step in the digital transformation journey of Wema Bank, which has been operating Nigeria’s largest digital banking system, ALAT By Wema since 2019.
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India Central Bank outlines plans for AI-powered instant payments
The Reserve Bank of India plans to use the language abilities of artificial intelligence to introduce “Conversational Payments” in UPI, building on a system that has transformed the digital payment landscape in India
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Instacart expands SNAP benefits programme across the U.S.
SNAP payments can now be used to buy groceries online via Instacart in every U.S. state and Washington D.C, the grocer has announced.
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Uber integrates M-Pesa for trip payments in Kenya
Uber integrates M-Pesa for trip payments in Kenya
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