Sections
financial inclusion
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1.9KCashWorldwide 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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2.0KFinancial 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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2.4KPartnerships / 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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3.2KB2B 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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4.6KMastercardMastercard 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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3.3KFinancial 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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3.1KFinancial 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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3.9KRegulationATM 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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5.0KB2B 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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2.9KAuthenticationA 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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28.8KAuthenticationBoosting 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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7.8KBankingGreen 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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4.9KDigital 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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5.3KDigital 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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8.7KDigital 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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2.6KFinancial 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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15.4KAlternative 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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3.3KPersonnelPaysafe 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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2.7KCashReport: 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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5.8KFinancial 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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2.4KFinancial 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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9.8KAPITRENDING: 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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5.2KCashNJ 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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2.6KInvestmentsHong 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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5.2KDigital 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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5.8KDigital 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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5.7KEarningsWestern 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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3.1KSizzle/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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9.6KConsumer 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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4.4KDigital 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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7.1KAlternative 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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4.0KB2B 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...
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8.8KPartnerships / AcquisitionsPayPal Cash Comes To Walmart
For 73 percent of Americans, participating in the digital economy is easy. All they have to do is secure internet access, enter...
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4.0KAPIHow Instantor Uses APIs For World Domination
Old-school FIs typically rely on outdated consumer data from credit bureaus to review a consumer’s financial viability. However, APIs can help FIs...
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7.9KAPINEW REPORT: APIs As The Great Credit Equalizer
The rivalry that banks and FinTech firms might have experienced in the past now appears to be behind them. Both sides of...
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4.5KFinancial InclusionPayPal And Village Capital On Financial Inclusion’s Data-Driven Future
These days, it is fair to say that data makes the world go ’round. Every day, 2.5 quintillion bytes of raw data are...
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3.7KB2B PaymentsBanks And The Blockchain Scramble
Blockchain is getting its share of true believers. Among them are banks, traditional FIs and central banks. A series of new projects demonstrate...
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4.3KB2B PaymentsFinTech/FI Collaborations In Mexico And Beyond
There are any number of government initiatives pairing FinTech with traditional FIs, and now Mexico joins the roster with renewed focus. Only...
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3.0KB2B PaymentsFinTech Finds Favor With Visa, Gains Traction In Mexico
Paidy linked up with Visa via strategic investment this week, while Mexico's government wants to see greater financial inclusion with joint efforts...
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International
JPMorgan 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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4.4KPartnerships / 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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5.0KInternationalKenya 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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8.0KLoans
Mapping 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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12.1KPayments 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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7.3KFinancial 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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4.0KEarningsPayPal 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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4.7KPersonnelMastercard 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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4.7KFinancial 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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4.9KLoansGrab 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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4.2KMastercardMastercard: 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...
