Financial Inclusion

Financial Inclusion
Mastercard, DFC Push to Improve Financial Inclusion in Central America
June 09, 2022

Mastercard announced Thursday (June 9) that it will be working with U.S. International Development Finance Corporation (DFC) on a joint program to help deepen financial inclusion in Guatemala, Honduras and El Salvador. Get the Full Story Complete the form to unlock this article and enjoy...

Financial Inclusion
Startups Opt for Fixed-Price Payments to Bank MENA’s Unbanked
June 08, 2022

In the last couple of decades, consumers’ preferences for cross-border payments have been shifting, and more and more people are demanding convenience, speed, security, and above all, value for money, said Kaushik Sthankiya, chief commercial officer of subscription-based global payments provider Sokin. Get the Full...

Financial Inclusion
OPay, Mastercard Tie-Up Drives Financial Inclusion in Middle East, Africa  
May 19, 2022

OPay and Mastercard are collaborating to drive financial inclusion across the Middle East and Africa by partnering to open up digital commerce in the region, according to a press release Wednesday (May 18). Get the Full Story Complete the form to unlock this article and...

Financial Inclusion
Mastercard Brings Financial Inclusion Offering to Central America
May 12, 2022

Mastercard is rolling out a financial inclusion program in Guatemala, El Salvador and Honduras that will “accelerate the company’s objective of including five million unbanked individuals and digitize and provide credit access to one million micro and small businesses (MSMBs)” in the next five years....

Financial Inclusion
Interswitch: Infrastructure Alone Won’t Fix Nigeria’s Un- and Underbanked Problem
April 29, 2022

Accelerating financial inclusion and bringing un- and underbanked populations into the formal financial sector is increasingly on the agenda of several governments and policymakers in emerging markets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Financial Inclusion
Tajik B2B FinTech Alif Prepares to Enter Pakistan’s Unbanked SMB Market
April 24, 2022

Alif, a FinTech based in Tajikistan, is looking at getting more into the Pakistan FinTech space to help the unbanked, according to a report Sunday (April 24) from The News International that cited Mahmood Shamsher Ali, the country representative of Alif. Get the Full Story...

Financial Inclusion
Yapily Partners With Yonder to Offer Credit to Underserved
April 20, 2022

Credit card startup Yonder is teaming up with open banking platform Yapily to provide consumers access to credit without needing a U.K. credit score. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Financial Inclusion
WSFS Bank Launches $3M Down Payment Grant Program
April 18, 2022

WSFS Bank, the primary subsidiary of WSFS Financial Corporation, launched the WSFS Down Payment Grant Program on Monday (April 18), which will offer grants of up to $10,000 to support eligible homebuyers, totaling $3 million in the next three years. Get the Full Story Complete...

Financial Inclusion
Wells Fargo Partners With Operation HOPE to Foster Inclusion for Unbanked
April 13, 2022

Wells Fargo and Operation HOPE are partnering to foster financial inclusion and remove barriers to unbanked populations, half of which are Black, African American, Hispanic and Native American/Alaska Native households, according to a press release on Tuesday (April 12). Get the Full Story Complete the...