Sections
financial inclusion
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1.7KInternationalJPMorgan Eyes Financial Inclusion In India
JPMorgan is setting up a financial inclusion lab in India through a partnership with the Indian Institute of Management Ahmedabad’s (IIMA) Centre...
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2.5KPartnerships / AcquisitionsEquifax Buys DataX To Close Credit Reporting Gap
Equifax announced that it has acquired DataX, a leading specialty finance credit reporting agency and alternative data provider to lenders nationwide. As...
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2.3KInternationalKenya Moves To Regulate Digital Lending
After adopting a mobile money system that allows people to make payments and transfers through their cell phones, Kenya has become a...
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5.7KLoansMapping The Black Box: A Look Inside Machine Learning’s Powers And Quirks
“Machine learning is the answer to the financial inclusion problem.” So said Douglas Merrill, founder of ZestFinance. It’s a bold statement, considering that...
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7.3KPayments InnovationCan FinTech Walk The FinTalk?
Benjamin Franklin is best remembered as a signer of the Declaration of Independence in 1776 and a prolific inventor who created the...
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6.1KFinancial InclusionMastercard: Serving The Financial Needs Of The ‘New Middle Class’
Welcome to the middle class! Congratulations, you made it! Good luck getting approved for a credit card with that low or nonexistent...
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2.7KEarningsPayPal Reaffirms Its Commitment To Financial Inclusion
There was a lot going on during PayPal’s quarterly earnings report yesterday (April 25), as the original “Pay” player managed to beat analyst...
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3.5KPersonnelMastercard Names Former US Trade Rep In New Role Focused On Growth
Mastercard announced news that former United States Trade Representative Michael Froman will join the company as vice chairman and president of strategic...
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3.7KFinancial InclusionFinancial Inclusion: Accelerated, Collaborative, Mobile and Global
There are billions of unbanked individuals in the world. Given access to basic financial services via mobile and other technological conduits, quality...
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3.5KLoansGrab And Credit Saison Launch Consumer Financing JV
Grab, the ride-hailing company based in Southeast Asia, announced news on Tuesday (March 13) that it has teamed up with Credit Saison...
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3.6KMastercardMastercard: The Inclusive Futures Of Cities, SMBs And The Next-Gen Workforce
What is a common need among a gig worker seeking a second stream of income, an SMB looking to grow their business in an...
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4.3KRegulationTrump Administration Eyes Major CRA Overhaul
The Trump administration is proposing major changes to the Community Reinvestment Act — a law first enacted in 1977 — that experts believe...
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4.9KB2B PaymentsMastercard: Micro Businesses Can Move Financial Inclusion’s Largest Roadblocks
Promoting financial inclusion — a lofty ambition targeting two billion people around the world who currently live without the ability to securely send...
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5.5KStartupsJuvo Raises $40 Million To Expand Into New Markets
Juvo, the San Francisco tech startup that focuses on financial inclusion and helps unbanked consumers in emerging markets improve their standing from...
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4.5KFinancial InclusionUnifund CEO Consumer Credit Caution: “Time To Stop Getting Lost In The Averages”
Credit, and the consumer’s relationship with it, has changed rather dramatically over time. But those changes can only be seen if one...
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8.7KAPIMastercard Taps APIs With An Eye Beyond Plastic
After decades of focus on plastic cards, Mastercard has turned its attention to the potential of APIs to expand its services and reach. For...
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7.5KAPINEW REPORT: For Mastercard, Are APIs More Priceless Than Plastic?
Could APIs be the great payment equalizers? One major payment company is ready to take that chance in an effort to expand...
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4.2KInternationalIndia’s Grand (De) Monetization Experiment
Eight months in, assessing the impact of what happens when you remove 86 percent of a country’s notes in circulation. India’s push...
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3.3KB2B PaymentsA Local Approach To The Universal Challenge Of SME Finance
From the U.S. to Mexico to India to sub-Saharan Africa, SMEs’ need for access to capital is universal. What differs across geographic...
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5.1KFinancial InclusionMoneyGram, Ant And Making The “Unbanked’s Bank”
On Tuesday, MoneyGram’s shareholders gave an unequivocal thumbs up to the buyout by Ant Financial. With one more hurdle yet to clear, CFIUS approval, MoneyGram...
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2.4KFinancial InclusionFresh EBT’s Social Safety Net Tech Upgrade
It’s a set of statistics that all of us have heard many times before: In the U.S., nearly half of the population...
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6.8KEcosystemsUsing The Blockchain To Bring Banking To Everyone
Refugees are among the most unique groups of people for whom to enable mobile payments and other financial services. Clearly an acute...
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4.0KB2B PaymentsAnalysts Pinpoint Payroll Cards’ Weaknesses (And Surprising Strengths)
The payroll card industry is far from immune to controversy. Especially in recent years, regulators have eyed the space amid waves of...
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4.8KMastercardMastercard’s New President Of Operations And Technology On Payment’s ‘Third Wave’
Mastercard today announced the appointment of CIO Ed McLaughlin to president, Operations and Technology. In an interview with PYMNTS’ Karen Webster, McLaughlin...
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3.9KCashATM Trade Group Pushes Back On The War On Cash
The ATM Industry Association (ATMIA) has spoken out against the efforts of the anti-cash lobby. ATMIA recently presented the results of a...
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1.6KSafety and SecurityIEEE Pushes Digital Identity Standard
IEEE, the world’s largest technical professional organization dedicated to advancing technology for humanity, announced in a press release the launch of a...
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1.0KMobile ApplicationsUK Banking App Pockit Gets £2.9M In Funds As It Launches New Remittance Service
Pockit, a mobile banking app targeting the U.K.’s underbanked, has picked up £2.9 million in additional funding and will soon launch a...
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4.5KPayment MethodsZeta Inks Deal With RuPay In India For Meal Voucher Solution
Zeta, the FinTech startup that offers digital employee benefits for tax optimization, announced Tuesday (April 11) has inked a deal with National...
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3.7KPartnerships / AcquisitionsFICO Announces Partnership with Operation HOPE and 200M Open Access Accounts
Analytics software company FICO’s latest strategic partnership expands its credit score capability offerings to a new audience. The company announced this week...
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6.5KAmazonAmazon’s Cash Play
As of yesterday (April 3), Amazon is open for business for cash-only customers — via 10,000 physical locations where a consumer can deposit...
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7.6KAlternative FinancesLendUp’s Focus On The “New Average” Consumer
For a lot of Americans, mainstream financial services represent a menu full of goods that aren’t desirable, aren’t affordable or just aren’t...
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4.4KFinancial InclusionMaking Algorithms Play Fair
Every day the average American consumer comes into contact with hundreds — if not thousands — of algorithmically powered experiences. The ads one sees...
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1.5KMobile ApplicationsPaySwag Integrates Sionic Mobile’s ICE To Provide Mobile App For Underbanked
Sionic Mobile and Customer Engagement Technologies (CET) are partnering up to provide a mobile payment app for the underbanked, according to Finextra....
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6.3KDigital BankingIntegrating Iris Scanning Biometrics With An Eye On Banking Inclusion
Can new technology bring new customers into the digital banking fold? For the March Digital Banking Tracker™, PYMNTS spoke with Narendranath Mishra,...
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7.9KDigital BankingNEW REPORT: Why Indian Banks And Iris Biometrics See Eye-to-Eye
As banking becomes more digital, more financial institutions are turning to technological solutions to bring more customers on board. Several banks are...
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6.4KB2B Payments
How Micro-Businesses Fit Into Mastercard’s Smart Cities Vision
Mastercard has several plans in the works to target half a billion people around the world who fall outside the realm of the...
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5.6KB2B PaymentsMastercard, Unilever Give Emerging Market SMEs A Boost
Mastercard and Unilever have paired up to help small businesses in emerging markets. The companies said Wednesday (March 1) that their collaboration...
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5.2KMastercardMastercard And The Future Of Financial Inclusion
There are only a few things that most people can agree on these days, notes Mastercard. One of them is that too...
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3.3KFinancial InclusionIndia’s Real-Time Look At Moving Cash To Digital
Taking 86 percent of notes of circulation late last year has brought a tipping point to India’s digital payments activity. In the...
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10.6KFinancial InclusionFinancial Inclusion, Across Channels, Countries And Choice
Moving money across borders takes time, effort and attention to detail — with a focus on local technology and culture. Though the...
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4.3KB2B Payments
Mastercard Continues B2B Focus In Middle East
Mastercard has invested significantly in the Middle East, home to a blossoming FinTech scene. Most recently, the credit card company struck a...
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3.3KFinancial InclusionMastercard Powers Cashless Efficiency In Kenya
Mastercard is partnering with the local government in Kenya to help address the growing problem of citizens having to move from place...
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4.8KInternationalIncreased ATM Usage Fueled By Financial Inclusion
A new report from research firm RBR revealed a strong demand for ATM services in developing markets, most notably in Asia-Pacific and...
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3.7KFinancial InclusionWhat ‘Unscorable’ Consumers Really Look Like
While credit scores, or the lack thereof, tell lenders a lot about consumers, the traditional credit scoring models don’t always provide a...
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6.6KFinancial InclusionFinancial Inclusion Via Digital Identity
Better addressing the unbanked and underbanked has the potential to change the fortunes of financial firms — if only they are allowed...
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1.8KFinancial InclusionBoosting Financial Inclusion, And GDP, For The Have-Nots
The emergence of financial technology has been changing the way we do business, pay bills and even extend money to friends and...
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4.0KInternationalStartup Offers Financial Services For X-Border Students
FinTech startup SelfScore, which launched the first dedicated Mastercard credit card designed exclusively for international students in the U.S., announced the closing...
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6.6KSecurity & FraudDigital Identity’s Call For Democracy
While FinTech’s current focus is creating and securing a consumer’s digital identity, nearly 40 percent of all adults living in the world...
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9.6KSecurity & FraudBringing Democracy To Digital Identity
While FinTech’s current focus is creating and securing a consumer’s digital identity, nearly 40 percent of all adults living in the world...
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4.6KInternationalTapping Mobile Technology To Expand Health Care Access
For millions of underbanked people around the world, health care can be a service that seems unattainable. But mobile technology is changing...
