The U.S. consumer is barely making ends meet and is one emergency expense away from financial dire straits. They’re also in need of financial education and some guidance before things get worse. That’s according to Sezzle CEO Charlie Youakim, PSCU President and CEO Chuck Fagan...
Cross River Bank and Operation Hope say their financial literacy initiative has helped consumers boost their savings. The financial institution and the nonprofit announced Wednesday (Sept. 27) the midyear results of “HOPE Inside Cross River,” is designed to provide financial literacy education and financial planning for consumers and small...
British banking giant HSBC and Nova Credit want to let U.K. immigrants improve their credit. The partnership, announced Monday (Sept. 18) in a news release provided to PYMNTS, lets customers who are applying for an HSBC U.K. credit card online employ Credit’s Nova Passport technology...
Consumer payments platform Nelo has joined forces with Paymentology to drive financial inclusion in Mexico. The collaboration, announced Tuesday (Sept. 12), will see Paymentology — a U.K.-based card issuer — supporting Nelo’s Mastercard in-person payments through Billetera de Google in Mexico, as well as with the launch of physical cards. “Thanks to Paymentology,...
Petal is preparing to expand its credit card program after securing a $200 million debt facility. The FinTech announced the funding — from investment firm Victory Park Capital — in a news release Thursday (Aug. 3), saying it would help its goal of issuing cards to consumers...
Tala added 800,000 new customers in the first half of the year — a 114% increase in growth compared to the first half of 2022. More than 8 million customers across four markets — Kenya, India, the Philippines and Mexico — are now using the...
BNY Mellon and MoCaFi have partnered to ease payments to unbanked and underbanked people. With this collaboration, banking giant BNY Mellon’s Treasury Services business will provide a digital disbursement payment service through the offering of MoCaFi, which is a FinTech platform for underserved communities, the companies said...
i2c and Access Finance have partnered to bring a credit card for credit-challenged people to the United States. With the partnership, Bulgaria-based Access Finance will use i2c’s payments platform to expand its Juzt Mastercard credit program from Europe to the U.S., the companies said in a Wednesday...
FICO has debuted a pair of services to help lenders make better credit decisions. The analytics company Wednesday (May 10) announced the launch of its Inclusion Accelerator Program and Financial Inclusion Lab to promote lender use of alternative data solutions, part of FICO’s “Global Financial...
