As the U.K. moves toward its recovery from the COVID-19 pandemic, a recent report by Her Majesty’s Treasury and the U.K.’s Department for Work and Pensions (DWP) has outlined measures that will help boost financial inclusion and capability for more people in the country. Get...
Digital banking startup Kwara raised $4 million in a seed funding round to further develop its neobank app in Kenya and turn traditional savings cooperatives into modern digital banks, according to a press release on Thursday (Dec. 9). Get the Full Story Complete the form...
A December 2021 report published by Her Majesty’s Treasury and the U.K.’s Department for Work and Pensions (DWP) has outlined measures that will help boost financial inclusion and financial capability for more people in the U.K., as the country moves toward its recovery from the...
McDonald’s is pledging $250 million to increase the number of minority-owned franchise proprietors in the U.S. in a move to drive diversity in the quick-service restaurant chain’s 39,198 locations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Financial wellness platform Credit Sesame on Wednesday (Nov. 17) rolled out its new credit builder banking technology, an all-in-one bank account that gives consumers the power to build their credit through purchases on their debit cards and with cash. Get the Full Story Complete the...
Conventional wisdom holds that one must learn to walk before running. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...
The U.S. Postal Service rolled out a paycheck-cashing service at a few post offices on the East Coast in September, according to a Monday (Oct. 4) report from The Washington Post. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The problem of financial inclusion is an acute one in the United States. The Office of the Comptroller of the Currency has said that nearly 50 million Americans have no credit score. And without those scores, it’s tough to get a loan. Without a loan,...
China’s UnionPay International and Australia’s S2M have joined forces to accelerate digital financial inclusion across the African continent, the companies announced in a joint press release on Friday (Sept. 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...