Financial exclusion is a broad category that can range from an inability to access banking services to cultural, economic, and infrastructural barriers to the adoption of electronic payment methods. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Innovative Payment Solutions, Inc. (IPSI) has teamed with Mario Lopez, a TV personality who has appeared on “Access Hollywood” and “Saved by the Bell,” to boost awareness of products involving remittances to Mexico, the company announced Monday (July 11). Get the Full Story Complete the...
When it comes to tackling poverty and improving the quality of life of the world’s poor and excluded communities, the concept of financial inclusion has been used by governments, nongovernmental organizations (NGOs) and businesses as an index of people’s ability to access banking services and...
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...
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...
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...
United Kingdom FinTech startup Paysend is launching two new products to help customers improve their finances and get their credit scores on track, according to a Wednesday (April 6) press release emailed to PYMNTS. Get the Full Story Complete the form to unlock this article...
