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FinTech Optasia secures PFTSP license by the Bank of Ghana
Optasia, a FinTech company specializing in digital lending technology, has been granted a Payment and Financial Technology Service Provider (PFTSP) license by the Bank of Ghana.
This achievement marks a significant milestone in Optasia’s mission to drive financial inclusion and revolutionize the digital financial technology landscape in Ghana.
“As global leaders in financial technology through our AI platform, we are always committed to working with the authorities in every country we operate in and ensuring compliance to our operations,” stated Mark Muller, Group CEO of Optasia. “The approval of our license to operate as a Payment and Financial Technology Service Provider in Ghana by Central Bank of Ghana is another testament of our solid efforts to establish our compliance and credibility in all regions we operate.”
The PFTSP license, granted to Xtra MFS Ghana Limited, a subsidiary of the Optasia Group, is a testament to Optasia’s commitment to providing secure, innovative, and inclusive financial technology solutions. With this license, Optasia aims to expand its credit scoring services to support a broader range of digital financial products that cater to the underserved and unbanked populations in Ghana.
The approval permits Optasia, through Xtra MFS Ghana, to offer its AI-led end-to-end proprietary technology to provide credit scoring and decisioning system to its financial institution clients in the country, allowing Optasia platform to enable the financial inclusion for millions of underbanked people in Ghana. Optasia’s offerings are currently utilized in over 35 countries, through distinguished financial institutions and MoMo/distribution partners, helping them to support underbanked populations that need financial inclusion the most.
Source: ibsintelligence.com
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S&P Global Sustainable1 Introduces Municipal Climate Risk Analytics
S&P Global Sustainable1 specializes in offering comprehensive data analytics solutions to evaluate environmental, social, and governance (ESG) risks for investors and market participants.
Their latest initiative introduces the Municipal Climate Physical Risk dataset, aimed at addressing the risks posed by climate change to municipal bonds.
Covering over 3,100 U.S. counties, all 50 states, and 47,000 general obligation bond issues, this dataset provides insights into climate hazard exposures for U.S. local governments.
It encompasses nine climate hazards across four climate scenarios, averaged over decadal time periods from the 2020s through the 2090s.
Included in the dataset are exposure scores comparing regional exposure to climate change hazards on both a national and global scale. Additionally, exposure metrics indicate the percentage of a region’s GDP and population exposed to climate hazards.
Steven Bullock, Managing Director and Global Head of Research and Methodology at S&P Global Sustainable1, emphasized the increasing frequency and severity of extreme weather events caused by climate change across various regions in the U.S., from high water stress in the West to compound exposure to flooding and tropical cyclones in the Southeast.
Source: fintech.global
The post S&P Global Sustainable1 Introduces Municipal Climate Risk Analytics appeared first on HIPTHER Alerts.
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Renasant Corporation promotes president and COO Kevin Chapman to CEO
The post Renasant Corporation promotes president and COO Kevin Chapman to CEO appeared first on HIPTHER Alerts.
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