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...
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...
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...
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....
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...
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...
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 —...
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...
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...