It’s a set of statistics that all of us have heard many times before: In the U.S., nearly half of the population doesn’t have $400 on hand in the event of sudden need, over a quarter of American households are un- or underbanked and 55...
Every day the average American consumer comes into contact with hundreds — if not thousands — of algorithmically powered experiences. The ads one sees on Facebook or Google were served courtesy of an algorithm that mashes up data points about what you have searched for in the...
Following the release of the Mastercard Index of Women’s Entrepreneurship (MIWE) today (Mar. 7), it was revealed that 34.8 percent of businesses in Uganda are owned by women entrepreneurs, making it one of the top-performing countries in Africa highlighted in the index. In a press...
Taking 86 percent of notes of circulation late last year has brought a tipping point to India’s digital payments activity. In the latest Topic TBD, MoneyOnMobile CEO Harold Montgomery gave Karen Webster a bird’s eye and ground level view of how technology is shaping, and...
Moving money across borders takes time, effort and attention to detail — with a focus on local technology and culture. Though the trend toward financial inclusion may be an inexorable one, fragmented markets mean one size does not fit all when it comes to remittances,...
Mastercard is partnering with the local government in Kenya to help address the growing problem of citizens having to move from place to place in order to access and pay for government services. Yesterday (Feb. 7), the company announced its commitment to helping the roll-out...
The Labor Department said Thursday (Dec. 8) that filings for unemployment in the United States slipped from a five-month high, a showing that hints of continued strength within the labor market and in the U.S. economy overall. The data showed that initial filings for unemployment...
While credit scores, or the lack thereof, tell lenders a lot about consumers, the traditional credit scoring models don’t always provide a clear picture of risk. Sarah Davies, SVP of product development and analytics at VantageScore, joined Karen Webster to discuss why the millions of...
The road to economic gains has been a bumpy one and never a straight course, but the past three-and-a-half decades have helped double the U.S. economy. But as the New York Times reported, even as the U.S. government takes a chunk of economic output — as...
