The rate of global mobile money transfers continues to increase at a steady rate as the percentage of mobile remittances in 2014 doubled between January 2014 and January 2015, according to new research from Azimo, a mobile money company. Get the Full Story Complete the form to unlock...
In the months and weeks after the shooting of Michael Brown by Ferguson police, the waves of protests and riots that followed have left the small business owners in the area with an expensive set of problems. Get the Full Story Complete the form to...
While the Code of Hammurabi is best known for the “eye for an eye” proclamation, it also deserves credit for being the first recorded instance in history where money was formally recognized as a tool of civil society. While less eye-catching than the retributive justice part,...
Across the Asia-Pacific region, each market is on its own path to secure digital transactions. In Australia, two-thirds of MasterCard transactions are already contactless in-store payments. In more emerging markets like Indonesia, consumers are just getting online to transact with mobile devices, but are well...
There are 2.5 billion in the world without a bank account. That number is familiar and been reported widely. What’s lesser known is that a majority of those 2.5 billion unbanked people are women. Get the Full Story Complete the form to unlock this article...
Equifax, Experian and TransUnion – the three biggest companies that collect and disseminate credit information on American consumers – have agreed to change how they report data on unpaid medical bills and how they address errors on user reports. Get the Full Story Complete the form...
“If we were building a financial system from scratch today, we’d do it on a digital platform,” Bill Gates once said in an address on behalf of the Alliance for Financial Inclusion. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Online lending marketplace Prosper has struck a deal with more than 160 community banks to offer its services to the banks’ borrowers — and to widen the banks’ access to capital for the customers’ borrowing needs. Get the Full Story Complete the form to unlock...
At a time when more and more U.S. consumers have credit histories that are thin or damaged, banks are turning to alternate ways of deciding the creditworthiness of potential borrowers — including the scoring systems of alternative lenders, according to American Banker. Get the Full...