The World Bank estimates 1B people are without identity documents. Uganda is creating a solution for refugees, through mobile data and biometrics, allowing you to use your body as formal ID.
#FinTech#Biometrics
https://t.co/llU7mhkjrU
FinTech funding in India reached $3.18b last year and is set to continue in 2020. With the presence of rising startups and established digital payment services, they are reimagining finance for the underbanked.
#FinTech#Payments
https://t.co/ZgdTP2tXAd
Switzerland officially grants first banking license to FinTech company YAPEAL. With this new brand of license, YAPEAL strays from traditional banking by offering new services with lower fees.
#FinTech#DigitalBanking
https://t.co/BbDsWuWrpP
Based on data from the Bank of Indonesia, the number of merchants using the QR-code hit 618,337 people, a sharp increase from around 175,000 people in August last year.
#FinTech#Indonesia#CashlessPayment
https://t.co/6cXvD7Z5GL
In Africa, more people die in road side accidents than malaria. With the app Traveler utilizing GPS technology, the safety standards for vehicles are improving, benefitting both driver and passenger.
#FinTech
https://t.co/91fsi5iqA9
Through government-issued images, law enforcement in New Delhi was able to capture participants in a violent riot. Would you sacrifice your privacy for the greater good?
#FinTech#FacialRecognition
https://t.co/MGdvDuSRuv
“Reliable digital ID can make it easier, cheaper and more secure to identify individuals in the financial sector.” Says @FATFNews#FinTech#digitalID
https://t.co/T2LVqfoJdx
The rise of fintech has merely opened doors by helping financial institutions grow and expand, making it cheaper and more convenient for the average person to complete financial tasks.
#FinTech#startups
https://t.co/HEeuIsWAMT
There are 3.1 million Apple Card users world-wide, over 70% of them are Millennials and just 2.2% are Baby Bloomers.
#FinTech#AppleCard#ApplePay
https://t.co/aIT3t8yJLc
Roll Up the Rim goes digital. @TimHortons announces that the popular contest will become “online only” in an effort to protect the health and safety of all Tim Horton’s employees.
#Tech#COVID19#CoronaVirusCanada
https://t.co/UaRqg9cgsB
.@creditsesame has been on helping consumers achieve financial health by taking steps to consolidate debt and raise their credit score.
#FinTech#DigitalBank#CreditScore
https://t.co/hgwYJT5wwb
Cashless “just walk out” technology is coming to airports. @amazon’s cashier less grocery stores have sparked the interest of other sellers, especially airport vendors.
#FinTech#Cashless#Payments
https://t.co/P7NOfw8MT3
Did you know women make up only 37% of the FinTech industry and only 19% of C-Suite positions? Looking back to early 2000s, only 15.8% of the finance industry was made up of women leaders. That’s a 21.2% increase of women in finance.
#FinTech#IWD
https://t.co/RL6DKfQQ3M
Why are startups being acquired by incumbents? “As a large company, it’s always hard to innovate, especially in heavily regulated industries like financial services. Acquiring companies allows us to give customers what they want.” #FinTech#Startups
https://t.co/rUDc6HUnCv
.@Nasdaq promotes transparency by acquisitioning Solovis, a FinTech solution providing investors with a clear view of portfolios, performance and risk across public and private markets.
#FinTech#Investing#Transparency
https://t.co/lOVTVTQa8y