financial inclusion

Expert: US CBDC Could Bolster Financial Inclusion, But Will Require Deep Investment In R&D

Expert: US CBDC Could Bolster Financial Inclusion, But Will Require Deep Investment In R&D
Expert: US CBDC Could Bolster Financial Inclusion, But Will Require Deep Investment In R&D
June 09, 2021  |  Cryptocurrency

A central bank digital currency (CBDC) could provide benefits such as greater financial inclusion, but such a token would require a deep investment in research...

READ MORE >
Technology Helps Locked-Out Consumers Access Lending
Technology Helps Locked-Out Consumers Access Lending
June 09, 2021  |  Financial Inclusion

The problem of unbanked consumers — those without access to a checking or savings account — has remarkably improved, with over 95 percent of American...

READ MORE >
Credit Sesame Raises $51 Million, Acquires FinTech Software Platform
Credit Sesame Raises $51 Million, Acquires FinTech Software Platform
June 08, 2021  |  Investments

Credit Sesame has raised $51 million in growth capital and has seen its premium subscriptions grow by 200 percent annually, the financial wellness platform announced...

READ MORE >
Former U.S. Treasurer Rosie Rios Aims To Break ‘Glass Walls’ Of Closed-Off VC World
Former U.S. Treasurer Rosie Rios Aims To Break ‘Glass Walls’ Of Closed-Off VC World
June 04, 2021  |  Investments

The story of how small-money investors galvanized by an Internet message board, a gamified trading app and a little flash-mob-style activism rewrote the rules on...

READ MORE >
PayPal Invests $135 Million To Help Advance Economic Equality
PayPal Invests $135 Million To Help Advance Economic Equality
June 02, 2021  |  Financial Inclusion

PayPal Holdings said it will deposit $135 million with “mission-driven” financial institutions (FIs) and managers that help members of minority groups “fight barriers to economic...

READ MORE >
Mission Lane Acquires Honeydue To Expand Debit, Digital Banking
Mission Lane Acquires Honeydue To Expand Debit, Digital Banking
May 24, 2021  |  Partnerships

FinTech Mission Lane has bought Honeydue, which is a fellow FinTech focused on helping consumers manage their finances, according to a press release. Get the...

READ MORE >
PayNearby, Centrum Microcredit Team On Unsecured SMB Loans In India
PayNearby, Centrum Microcredit Team On Unsecured SMB Loans In India
May 23, 2021  |  B2B Payments

PayNearby, which describes itself as “India’s leading branchless banking and digital payments network,” and Centrum Microcredit Limited, which is owned by The Centrum Group, have...

READ MORE >
BlackRock Adds Five New Companies To Emergency Savings Initiative
BlackRock Adds Five New Companies To Emergency Savings Initiative
May 19, 2021  |  Financial Inclusion

BlackRock has announced several new inductees to its philanthropic Emergency Savings Initiative (ESI), which is intended to boost access for low-cost, friction-saving products for financially...

READ MORE >