underbanked

Boost Mobile Targets Underbanked Consumers With OmniMoney
Boost Mobile Targets Underbanked Consumers With OmniMoney
October 27, 2022  |  Digital Banking

Boost Mobile is entering the financial service sector with the launch of OmniMoney, a tool that offers underbanked consumers a free digital money account and...

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How Telco APIs Are Enhancing Africa’s Mobile Money Ecosystem
How Telco APIs Are Enhancing Africa’s Mobile Money Ecosystem
September 08, 2022  |  API

In Europe, open banking is associated with a wave of open application programming interfaces (APIs) rolled out by banks that allow authorized third parties to...

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Commonwealth National Bank On Tapping Payment Tools To Bring Underbanked And Unbanked Consumers Into The Financial Fold
Commonwealth National Bank On Tapping Payment Tools To Bring Underbanked And Unbanked Consumers Into The...
July 27, 2021  |  Next-Gen Debit

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...

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Report: Prepaid Debit Cards Seen As Safe, Simple Way To Bank Unbanked Americans
Report: Prepaid Debit Cards Seen As Safe, Simple Way To Bank Unbanked Americans
July 26, 2021  |  Next-Gen Debit

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...

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Embedded Finance Narrows The Gap Between Brazil’s Small Business And Capital
Embedded Finance Narrows The Gap Between Brazil’s Small Business And Capital
July 19, 2021  |  B2B Payments

Underbanked small businesses around the globe have seen technology come to the rescue. FinTechs continue to step onto the scene to provide alternative financial services...

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Propel Launches App To Manage Both Debit And Government Benefits
Propel Launches App To Manage Both Debit And Government Benefits
July 14, 2021  |  Payment Methods

Propel, a FinTech that builds technology to help lower-income Americans manage their finances, launched a new app today (July 14) that combines digital banking with...

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How FIs Can Ease Unbanked And Underbanked Consumers’ Challenges And Bridge The Financial Inclusion Gap
How FIs Can Ease Unbanked And Underbanked Consumers’ Challenges And Bridge The Financial Inclusion Gap
July 09, 2021  |  Faster Payments

For most American adults who rely on banks or credit unions to meet their financial needs, it may come as a surprise that 6 percent...

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Brookings Institution On The Benefits Of Real-Time Payments For Underbanked Americans
Brookings Institution On The Benefits Of Real-Time Payments For Underbanked Americans
July 08, 2021  |  Faster Payments

Underbanked households are often forced to tap predatory lending options when they fall behind on everyday payments, but access to real-time payments can help, says...

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Real Time Payments Help Underbanked Consumers Find Financial Relief
Real Time Payments Help Underbanked Consumers Find Financial Relief
July 07, 2021  |  Faster Payments

One of the lesser-known troubles of the modern economy is the prevalence of unbanked and underbanked individuals. Unbanked individuals lack access to bank accounts while...

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