Sections
financial inclusion
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Digital PaymentsUS Senate Committee Weighs Pros And Cons Of Digital Dollar
Digital dollar advocates told a U.S. Senate committee on Tuesday (June 30) that electronic currencies could help consumers. However, committee Chairman Mike...
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Financial InclusionZogo: How A 21-Year-Old Duke University Grad Is Reinventing Financial Literacy
When Bolun Li was in high school, a local bank came in and offered a heavily branded PowerPoint presentation about financial services...
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Financial InclusionDr. Annamaria Lusardi: FinTech Is Great, But No Substitute For Teaching Kids Financial Literacy
Everyone in a modern society needs to know how to read, so America spends an awful lot of time, treasure and talent...
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Digital PaymentsExperts Tell Congress It’s Time To Create A ‘Digital Dollar’
Trillions of dollars in federal COVID-19 stimulus payments are being disbursed through paper checks, prepaid debit cards and direct deposit — not...
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MastercardMastercard Expands Global Commitment To Connect 1B People
As the coronavirus pandemic continues to disrupt worldwide economies and everyday life, Mastercard vows to connect 1 billion people and 50 micro-businesses...
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Merchant InnovationMastercard: The Impact Of Pay On Demand On Africa’s Smartphone Future
Inclusion is a laudable goal — bringing the 1.7 billion unbanked and underbanked people worldwide into the global digital marketplace is a...
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Partnerships / AcquisitionsMastercard, Samsung Tie-Up Lets Consumers Pay On Demand
Mastercard is partnering with Samsung to bring digital technology to emerging markets and accelerate connectivity and smart devices, Mastercard said on Thursday...
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Gig EconomyDeep Dive: Catching Up On The Freelance Payment Curve
No freelancer appreciates delayed payments, which can destabilize their financial health. The flexibility that enables freelancers to work with the companies they...
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Payments InnovationSaudi Arabia Makes Digital Push To Lessen Cash Reliance
Saudi Payments, a state-owned payments apparatus, has partnered with stc pay, another Saudi Arabia payments company, to grow the breadth of its...
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MastercardMastercard: The Role Of ‘Instant’ In Improving Consumer Financial Health
To improve the financial lives of millions of Americans, speed matters — especially for FinTechs seeking to bring new products to market...
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Digital 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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RegulationAML/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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Digital 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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B2B 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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SMBsWhat 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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FacebookZuckerberg 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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MastercardMastercard’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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FacebookZuckerberg’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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CryptocurrencyLibra’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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Financial 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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Partnerships / 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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CryptocurrencyDavid 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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FacebookWhy 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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FacebookWhat 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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Faster 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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MastercardMastercard 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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Financial 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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Financial 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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CashWorldwide 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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Financial 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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Partnerships / 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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B2B 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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MastercardMastercard 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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Financial 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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Financial 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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RegulationATM 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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B2B 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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AuthenticationA 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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AuthenticationBoosting 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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BankingGreen 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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Digital 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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Digital 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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Digital 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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Financial 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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Alternative 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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PersonnelPaysafe 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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CashReport: 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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Financial 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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Financial 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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APITRENDING: 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...
