financial inclusion

Financial Wellness Tools Get Second Look as Consumers Drain Their Savings

Financial Wellness Tools Get Second Look as Consumers Drain Their Savings
Financial Wellness Tools Get Second Look as Consumers Drain Their Savings
March 21, 2023  |  Financial Inclusion

Budget-focused FinTechs and innovative financial institutions (FIs) may have a golden opportunity to meet consumer need. The Federal Reserve released its latest monthly snapshot of...

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Pinwheel Debuts Tool to Increase Direct Deposit Use
Pinwheel Debuts Tool to Increase Direct Deposit Use
March 20, 2023  |  Banking

Income and employment data platform Pinwheel is upgrading its direct deposit offering. The company announced in a Monday (March 20) press release the launch of...

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Credable Raises $2.5 Million to Expand Digital Banking Platform
Credable Raises $2.5 Million to Expand Digital Banking Platform
March 20, 2023  |  Investments

Digital banking platform Credable wants to reach new markets after raising $2.5 million. The seed funding round, reported Monday (March 20) by TechCrunch, will help...

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Visa Says Adoption of Open-Loop Transit Payments Is at a Tipping Point Worldwide
Visa Says Adoption of Open-Loop Transit Payments Is at a Tipping Point Worldwide
March 17, 2023  |  Transportation

As transit systems move away from legacy payment methods like pay-as-you-go passes and toward contactless open-loop payments, it’s creating new commerce possibilities that not only...

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Paysera and Ria Team to Help Unbanked Consumers
Paysera and Ria Team to Help Unbanked Consumers
March 12, 2023  |  Financial Inclusion

Paysera has teamed with Ria Money Transfer to help unbanked customers send and receive money. The partnership, announced Friday (March 10), lets clients send money...

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Nigeria Greenlights Open Banking to Deepen Financial Inclusion, Boost Innovation
Nigeria Greenlights Open Banking to Deepen Financial Inclusion, Boost Innovation
March 09, 2023  |  Bank Regulation

Open banking is now live in Nigeria, the first country to adopt open banking regulations in the Africa region. The operational guidelines to kickstart the...

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Ooredoo and Huawei Partner on Mobile Money in MENA Region
Ooredoo and Huawei Partner on Mobile Money in MENA Region
March 06, 2023  |  Financial Inclusion

Ooredoo and Huawei have partnered on mobile money in the Middle East and North Africa. This collaboration will provide Huawei’s FinTech and mobile money platform...

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Embedded Finance Brings Banking to Underserved Consumers No Matter Where They Are  
Embedded Finance Brings Banking to Underserved Consumers No Matter Where They Are  
March 02, 2023  |  Banking

For student-athletes, managing money is no layup. No easy line drive. Pick your sports metaphor. Younger consumers who spend much of their lives on the...

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