Financial Inclusion

Financial Inclusion
UK Takes Steps to Protect Cash, Reduce Consumer Borrowing and Support FinTech Growth
December 09, 2021

A December 2021 report published by Her Majesty’s Treasury and the U.K.’s Department for Work and Pensions (DWP) has outlined measures that will help boost financial inclusion and financial capability for more people in the U.K., as the country moves toward its recovery from the...

Financial Inclusion
McDonald’s Launches $250M New Franchise Initiative to Drive Diversity
December 08, 2021

McDonald’s is pledging $250 million to increase the number of minority-owned franchise proprietors in the U.S. in a move to drive diversity in the quick-service restaurant chain’s 39,198 locations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Financial Inclusion
Credit Sesame Debuts Free Credit Builder Banking Service
November 17, 2021

Financial wellness platform Credit Sesame on Wednesday (Nov. 17) rolled out its new credit builder banking technology, an all-in-one bank account that gives consumers the power to build their credit through purchases on their debit cards and with cash. Get the Full Story Complete the...

Financial Inclusion
Emerging Technologies Have a Place in the Market, But Financial Inclusion in Africa Should Continue...
October 05, 2021

Conventional wisdom holds that one must learn to walk before running. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...

Financial Inclusion
USPS Debuts Paycheck-Cashing Services
October 04, 2021

The U.S. Postal Service rolled out a paycheck-cashing service at a few post offices on the East Coast in September, according to a Monday (Oct. 4) report from The Washington Post. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Financial Inclusion
Alt Data Sources Key to Improving Loan Access for the Financially Invisible
September 27, 2021

The problem of financial inclusion is an acute one in the United States. The Office of the Comptroller of the Currency has said that nearly 50 million Americans have no credit score. And without those scores, it’s tough to get a loan. Without a loan,...

Financial Inclusion
UnionPay, S2M Team for Digital Financial Inclusion in Africa
September 24, 2021

China’s UnionPay International and Australia’s S2M have joined forces to accelerate digital financial inclusion across the African continent, the companies announced in a joint press release on Friday (Sept. 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Financial Inclusion
CFPB: Millions of Renters at Risk Without COVID Relief
September 17, 2021

Millions of American renters and their families are at risk of economic harm from the COVID-19 pandemic as federal and state relief programs wind down, the Consumer Financial Protection Bureau (CFPB) said in a new report. Get the Full Story Complete the form to unlock this...

Financial Inclusion
Aspiration Aims To Go Public Before Year-End Via SPAC Merger
August 19, 2021

Green FinTech company Aspiration Partners Inc. on Wednesday (Aug. 18) announced a planned special purpose acquisition company (SPAC) merger with InterPrivate III Financial Partners Inc., targeting a year-end listing date. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...