For SMB service providers like PayPal, Square and Intuit, a clear vision into your partner’s cash flow comes part and parcel with the job. And, as all three firms have shown in recent months, that data comes preloaded with the potential for building out additional...
Alternative lending is such a part of the mainstream that it’s easy to forget just how fast it has gotten so big. A decade ago it almost didn’t exist – today it’s billions of dollars in loan volume to tens of millions of consumers...
Which end of a global remittance transaction — the sender or the recipient — should be the top priority if the focus is to improve financial inclusion? Nirnay Sinha, Global VP for Mobile & Emerging Payments at Mozido, tells MPD CEO Karen Webster that the...
Disaster-affected communities are left vulnerable in more ways than one. But a new initiative is aiming to enhance disaster relief efforts with the use of electronic payments. Scott Salmon, General Manager, International at i2c sat down with MPD CEO Karen Webster to discuss the importance...
A recent survey by the American Bankers Association found that two in five Americans (roughly 39 percent) use a mobile device to access and manage their bank account at least once a month, with 45 percent reporting using mobile banking in general. “It’s no surprise that...
Sweden-based mobile payment firm iZettle is often compared to Square. And the comparison is certainly not entirely unwarranted, as both firms are known for essentially the same achievement: enabling small businesses and micro-merchants to accept card payments, albeit in two very different marketplaces with rather...
FIS is launching a financial inclusion lab in Bengaluru, India, to develop methods for tapping into the vast underbanked population of the country. The lab, which is FIS’ seventh so far and the first in India, would help the banking products and services company collaborate...
Mobile money by any other form factor may not smell as sweet. Older devices can make access to even basic mobile money services a challenge. Mozido’s acquisition of NettCash in Africa says its head of M&A in EMEA, Adnan Doha, helps them break through such...
JPMorgan Chase, Goldman Sachs and Morgan Stanley are teaming up to clean and store reference data at a cheaper price than it would cost for them to do undertake the process individually, according to people close to the matter.