Sections
financial inclusion
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309Digital PaymentsMoneyGram Launches First-Ever Ukraine Bank Deposit Service
Peer-to-peer payments service MoneyGram will partner with Industrialbank to create a new bank deposit service in Ukraine. MoneyGram is the first company...
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963RegulationAML/KYC Compliance Just Got Harder
The European Union’s Fifth Anti-Money Laundering Directive (5AMLD) went into force on Jan. 10, with new regulations for cryptocurrencies, wallets and exchanges....
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2.0KDigital BankingNY Lawmakers Push For Public eBanking System
Lawmakers in New York have proposed a public electronic banking system that would essentially function like payment service Venmo, with the purpose...
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3.7KB2B PaymentsHow FinTech Tackles Financial Inclusion For India’s SMBs
With a robust community of technological innovators, and a drive toward the digital economy, India currently stands as an exciting market in...
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4.6KSMBsWhat The UAE Is Teaching Global FinTechs About SMB Banking
It’s not easy being small — especially in business, and often when it comes to banking and payments. The bigger players take...
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2.4KFacebookZuckerberg Tells Congress That Libra Fills A Global Payments Void
It may be a bit ironic that the halls of Congress are known, colloquially, as the Hill. It’s an upward climb, after...
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2.5KMastercardMastercard’s Philanthropic Hub Hosts Summit On Financial Inclusion
Mastercard‘s philanthropic hub hosted its first Global Inclusive Growth Summit in Washington, D.C. on Monday (Oct. 21). Along with The Aspen Institute,...
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2.9KFacebookZuckerberg’s Testimony Paints Libra As Financial Inclusion Tool
Facebook CEO Mark Zuckerberg testified before the United States House Of Representatives Committee on Financial Services on Tuesday (Oct. 22). He spoke...
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4.4KCryptocurrencyLibra’s Unraveling And The Geneva (Crypto) Convention’s Folly
After the mass exodus on Friday (Oct. 11) from the Libra project, the cryptocurrency’s remaining 22 corporate backers are gathering in Geneva,...
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2.4KFinancial InclusionJPMorgan Commits $25M For Altruistic FinTech Services
JPMorgan Chase is committing $25 million to its Financial Solutions Lab in an effort to help grow and develop FinTech solutions for...
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2.4KPartnerships / AcquisitionsAirfox, Mastercard Team To Expand Digital Banking In Brazil
Digital challenger banking startup Airfox has announced a partnership with Mastercard Brazil to expand the availability of low-cost banking solutions, according to...
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2.6KCryptocurrencyDavid Marcus Defends Libra As Payments Champion For The Unbanked
The co-creator of Facebook’s recently announced cryptocurrency, Libra, said the currency was created to help the unbanked population easily access the financial...
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6.4KFacebookWhy PayPal Agreed To Take A Seat At Libra’s Table
In the aftermath of Facebook’s unveiling of Libra and its Calibra wallet, among the many questions raised was how it managed to...
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13.8KFacebookWhat The Launch Of Facebook’s Libra Means For Payments
The endless speculation over Facebook’s plans to build a new set of global payments rails and launch a global cryptocurrency comes to...
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3.2KFaster PaymentsRussia Joins The Faster Payments Revolution
The rise of faster payment systems has become a global phenomenon. In the past few years, several global markets have invested resources...
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5.2KMastercardMastercard Bets On Biometric Cards To Advance Inclusion
In early May, Mastercard, in partnership with SEDESSON, the Mexico state agency for social benefits, and Edenred Bank, announced a first-of-its-kind test...
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4.5KFinancial InclusionSquare Co-Founder Jack Dorsey Launches Refugee Business Initiative
Twitter CEO and Square Co-Founder Jack Dorsey has started an initiative to help entrepreneurs who are refugees use mobile and card payments,...
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9.0KFinancial InclusionTrulioo Teams With Refinitiv To Bring 5B Consumers Into The Financial Mainstream
Call it the curse of innovation, perhaps. It’s that tendency (seen often in payments and commerce) to always think years, or a...
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4.2KCashWorldwide ATM Installations Dipped In 2018
The number of ATMs installed during 2018 declined by 1 percent on a worldwide basis, found RBR, the research firm. In a...
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3.3KFinancial InclusionJPMorgan To Invest $125M In Underserved Communities
JPMorgan Chase announced Wednesday (May 15) it is investing $125 million over the next five years to help the financial health of...
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4.1KPartnerships / AcquisitionsWirecard Expands Partnership With RBL Bank
Wirecard, the digital financial technology company announced on Wednesday (April 24) that it has expanded a partnership with RBL Bank to promote...
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4.5KB2B PaymentsTrade Finance Rejection Rates Accelerate
The massive global trade finance gap is the topic of conversation for many banks and FinTech firms looking to strengthen their position...
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6.5KMastercardMastercard General Counsel Tapped To Chair National Urban League
The world of payments has provided a new leader to the National Urban League. Tim Murphy, general counsel for Mastercard, has become...
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4.2KFinancial InclusionDems Push For More Financial Inclusion
With the 2020 presidential election on the horizon, the theme of growing access to the banking system is becoming front and center....
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3.9KFinancial InclusionSasfin And Hello Paisa Team Up For South African Banking Venture
Two South African FinTech companies, Sasfin, a banking group, and Hello Paisa, a money transfer startup, are teaming up to start a...
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4.9KRegulationATM Association Weighs In On Cashless Retail Ban
Much has been made of the coming of the cashless society. Amazon, of course, stands out as a marquee name in the...
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6.2KB2B PaymentsAccenture Taps Mastercard, AWS For Supply Chain Solution
Consulting firm Accenture is teaming up with Mastercard, Amazon Web Services (AWS), Mercy Corps and Everledger to develop a supply chain solution that...
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3.8KAuthenticationA Brazilian Challenger Bank’s Smartphone-First Approach To Onboarding And Authentication
Frustrations with traditional Brazilian bank incumbents have given rise to new digital challenger offerings that are more in sync with the digital...
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29.4KAuthenticationBoosting Access To Financial Services In Brazil
As fraudsters get more brazen and inventive in the digital information ecosystem, many companies are realizing they can’t thwart these bad actors...
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9.8KBankingGreen Dot CEO: 20 Years Of Innovating ‘Banking For The Masses’
It’s easy to mistake the trappings of success for stability. Beautiful office buildings, favorable earnings reports, an international presence and a growing global team...
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7.4KDigital BankingDeep Dive: How Challenger Banks Navigate Licensing Obstacles
Many challenger banks pursue charters to establish themselves as trustworthy institutions and compete directly with legacy FIs. Yet, pursuing charters can be...
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7.1KDigital BankingHow Argentina’s Wilobank Brings Financial Services To Unbanked Populations
In Latin America, where roughly 70 percent of the population is unbanked due to traditional banks’ stringent KYC requirements, digital-only challenger banks...
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9.9KDigital BankingDigital Challengers Are Closing Argentina’s Banking Gap
Challengers. Neobanks. Upstart institutions. Alternative banks. These newcomers to the financial services landscape go by many names, and have gained popularity, especially...
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3.3KFinancial InclusionThe Chart That Sparked A Debate On Global Poverty
A well-made chart can be good for a lot of things, like breaking down a complex problem into an accessible visual, illustrating...
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16.5KAlternative FinancesHow To See The Customer ‘Beyond The Credit Score’
“What’s in a name? That which we call a rose by any other name would smell as sweet.” -William Shakespeare, Romeo & Juliet...
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4.2KPersonnelPaysafe Hires Mastercard Exec As Director
Paysafe Group has hired Mastercard’s Walt Macnee as an independent, non-executive director. Macnee currently serves as vice chairman of Mastercard where he...
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3.4KCashReport: Cashless UK Would Leave Consumers Behind
As the U.K. moves to a more cashless society, the country’s Access to Cash Review report cautioned that groups of people will...
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7.4KFinancial InclusionExperian ‘Boost’ Improves FICO Scores Via Data
Experian has announced the launch of Experian Boost, a free online platform that allows consumers to potentially boost their credit scores in...
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3.1KFinancial InclusionWhy JUMO Is Expanding From Africa Into Asia With Its Financial Services Platform
While underbanked and unbanked customers in the developed world exist — and face a myriad of difficulties in securing access to financial...
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12.6KAPITRENDING: Why Testing Is Crucial For Better B2B APIs
While APIs are becoming increasingly popular and more important across a range of industries, they still have issues to be resolved. Using...
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6.6KCashNJ Lawmakers: Brick-And-Mortars Must Accept Cash
Lawmakers in New Jersey have passed a bill to ban stores from going cashless. According to Chain Store Age, the legislation requiring...
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3.2KInvestmentsHong Kong’s Oriente Raises $105M
Hong Kong-based startup Oriente has announced a $105 million initial funding round, which included investment from the founders, as well as a...
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5.8KDigital PaymentsIs India’s ATM Disappearing Act A Digital Payments Boon?
Half of India’s ATMs may be shuttered in the next few months amid high compliance costs. Will that open the door even...
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7.2KDigital PaymentsGrab Launches P2P Remittance Product
Grab, the ride-sharing platform out of Southeast Asia, announced on Thursday (Nov. 15) the launch of a remittance offering under the company’s...
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7.2KEarningsWestern Union Grows Digital Double-Digits, Expands Underbanked Reach With Amazon
Double-digit growth marked Western Union's digital offerings, and now represents 12 percent of the firm's key C2C business. Management pointed to solid growth...
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3.6KSizzle/FizzleThe Big Sizzle: Winning Week For Wearables
It was a good week for wearables and their future, as the devices continued to show indications of strong promise on the...
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11.7KConsumer FinanceNumber Of Unbanked Americans Plummets
A new survey revealed that the percentage of unbanked Americans fell to the lowest level since the 2007-2009 financial crisis. Data from...
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5.1KDigital PaymentsFaster Remittances App Uses Visa APIs, Takes Money20/20 Grand Prize
An app designed to speed up the remittance process, designed via Visa APIs, has taken a top honor at Money20/20 in Las Vegas. The win...
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8.5KAlternative FinancesPayPal Invests In Emerging Markets Lending App Tala
Tala, the consumer lending app in emerging markets, announced Monday (Oct. 22) a strategic investment from PayPal. In a press release, Tala...
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4.8KB2B PaymentsMastercard Rounds Out SMB Services In India With Zoho
Small business (SMB) cloud solutions provider Zoho is reportedly teaming up with Mastercard in India to provide holistic accounts receivable solutions. A...
