The Central Bank of Brazil (BCB) is set to cap interchange fees for prepaid cards starting in April 2023, and it will also standardize the...
FinTechs were alerted that non-bank issuers of prepaid payment instruments (PPIs) can’t load cards and digital wallets with funds through credit lines, the Reserve Bank...
Chicago Mayor Lori Lightfoot on Thursday (March 31) announced Chicago Moves, a financial assistance program to give prepaid cards to residents dealing with transportation woes,...
For any FinTech product, having a solution that can address as much friction for as many users as possible is key to scale. Yet when...
Only 7 million Americans have no connection to a financial institution but that’s 7 million people who are locked out of the financial services and...
Access to financial services is a constant struggle for millions of Americans, with more than 6 percent of American households remaining unbanked and nearly 19...
Many consumers are seeking digital solutions to help them tackle their daily needs from home as the COVID-19 pandemic continues to grip the nation. The...
As payment innovators explore how to build up existing payment rails, or build entirely new ones, to combat friction, the low-hanging fruit remains plentiful to...
Pleo, a business banking company, has announced that it is pivoting its business model in partnership with JPMorgan and Mastercard, and will now offer company...