unbanked

BNY Mellon and MoCaFi Partner on Payments to Unbanked People

BNY Mellon and MoCaFi Partner on Payments to Unbanked People
BNY Mellon and MoCaFi Partner on Payments to Unbanked People
June 08, 2023  |  Financial Inclusion

BNY Mellon and MoCaFi have partnered to ease payments to unbanked and underbanked people. With this collaboration, banking giant BNY Mellon’s Treasury Services business will provide a...

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Digital Wallets and Networks Shake Up the $630 Billion Global Remittance Market
Digital Wallets and Networks Shake Up the $630 Billion Global Remittance Market
May 25, 2023  |  Payment Methods

The global remittance market — where hundreds of billions of dollars flow across borders annually — is being reshaped by digital disruption. Late last year,...

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Billions of People and Trillions of Transactions Define the PayFac Opportunity in Emerging Markets
Billions of People and Trillions of Transactions Define the PayFac Opportunity in Emerging Markets
March 29, 2023  |  Payment Methods

Forging a 21st century commerce ecosystem on a global scale means changing consumer behavior, and merchant mindsets, particularly in markets where digital remains a small...

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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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Billers Challenged to Make Cash Part of the Digital Payments Experience
Billers Challenged to Make Cash Part of the Digital Payments Experience
February 03, 2023  |  Cash

The conventional wisdom is that the shift to digital payments has led us all away from cash. Jamison Jaworski, GM-SVP of retail and Green Dot...

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Unbanked and Mastercard Partner on Crypto Card Issuance in Europe
Unbanked and Mastercard Partner on Crypto Card Issuance in Europe
February 02, 2023  |  Cryptocurrency

Unbanked and Mastercard have partnered to accelerate decentralized finance (DeFi) card issuance in Europe. Through this partnership, the two companies will use their existing footprint...

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Machine Learning Helps Expand Credit Access In Emerging Markets
Machine Learning Helps Expand Credit Access In Emerging Markets
January 29, 2023  |  Banking

Artificial intelligence (AI) is helping increase access to financial services in Africa. In recent years, advances in machine learning, a type of AI, have had...

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NYDFS Slaps Cap on Check Cashing Fees
NYDFS Slaps Cap on Check Cashing Fees
January 19, 2023  |  Legal & Regulation

Check cashing fees are getting a makeover in New York. New York’s Department of Financial Services said Wednesday (Jan. 18) that it is updating regulations...

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