financial inclusion

Neobank Fills Primary Account Need for EU’s ‘Credit Invisibles’

Neobank Fills Primary Account Need for EU’s ‘Credit Invisibles’
Neobank Fills Primary Account Need for EU’s ‘Credit Invisibles’
February 03, 2022  |  Gig Economy

For a very large population of customers in the United Kingdom who are ‘credit invisible’ — meaning they have little or no credit history with...

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TD Bank Revamps Overdraft Fees, Gives 24-Hour Grace Period
TD Bank Revamps Overdraft Fees, Gives 24-Hour Grace Period
February 01, 2022  |  Banking

TD Bank has been redoing its overdraft fee policies, the CBC reported Tuesday (Feb. 1), and customers will be able to now overdraw their accounts...

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BIS Paper: Asia Virtual Banks Must Protect Consumer Data
BIS Paper: Asia Virtual Banks Must Protect Consumer Data
January 27, 2022  |  Data & Research

A new Bank for International Settlements paper says Asian regulators must protect consumer data as financial institutions dole out more virtual bank cards, noting the...

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Experian Go Program Aimed at ‘Credit Invisibles’
Experian Go Program Aimed at ‘Credit Invisibles’
January 26, 2022  |  Financial Inclusion

Credit data company Experian has launched Experian Go, a free program to help almost 50 million “credit invisibles,” or people with limited or no credit...

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UK Challenger Banks Facilitate Loan Access With Credit Builder Tools
UK Challenger Banks Facilitate Loan Access With Credit Builder Tools
January 25, 2022  |  Cross-border Payments

Credit invisible customers and businesses often face an uphill battle when accessing credit in the United Kingdom because they have little or no credit history...

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India Tests Internet-Free Digital UPI Payments
India Tests Internet-Free Digital UPI Payments
January 23, 2022  |  Cross-border Payments

The National Payments Corp. of India is testing a solution to allow Unified Payments Interface (UPI) based digital pay without an internet connection, Mint reported...

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Today in FinTech: Chime Eyes $40B IPO; Save Partners With Visa; Nevada Casinos Marry Digital Convenience, In-Person Gameplay
Today in FinTech: Chime Eyes $40B IPO; Save Partners With Visa; Nevada Casinos Marry Digital...
January 23, 2022  |  Technology

In today’s FinTech news, digital banking startup Chime is looking at an estimated valuation of $40 billion as the FinTech gets ready for its upcoming...

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BNPL Catches on With African Shoppers
BNPL Catches on With African Shoppers
January 20, 2022  |  BNPL

In these difficult economic times, the possibility of paying for products in several interest-free installments, popularly known as buy now, pay later (BNPL), has never...

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