underbanked

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

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Nigeria’s FairMoney Nets $42M To Expand FinServ For The Underbanked
Nigeria’s FairMoney Nets $42M To Expand FinServ For The Underbanked
July 02, 2021  |  Fintech Investments

FinTech FairMoney has raised $42 million in a Series B funding round to expand its financial services offerings in Nigeria and India, Nairametrics reported Friday...

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Report: Mobile Payments App Ualá To Acquire Digital Bank Wilobank
Report: Mobile Payments App Ualá To Acquire Digital Bank Wilobank
April 09, 2021  |  Partnerships / Acquisitions

Argentina’s mobile payments app Ualá plans to acquire Wilobank, the country’s first digital bank, Bloomberg reported on Friday (April 9), citing people with knowledge of the...

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PNC Gets Stamp Of Approval For Low-Fee Account Aimed At ‘Underbanked’
PNC Gets Stamp Of Approval For Low-Fee Account Aimed At ‘Underbanked’
March 29, 2021  |  Financial Inclusion

PNC Bank has gained certification from the Cities for Financial Empowerment (CFE) Fund for a second bank account that limits fees. The nonprofit CFE Fund and...

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Orange Rolls Out Mobile Banking In Africa
Orange Rolls Out Mobile Banking In Africa
July 23, 2020  |  Digital Banking

France’s Orange Bank is launching completely mobile banking services in Africa, according to a press release. Get the Full Story Complete the form to unlock...

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Open Banking For The Unbanked: How The Pandemic Is Affecting Innovation In LatAm
Open Banking For The Unbanked: How The Pandemic Is Affecting Innovation In LatAm
July 22, 2020  |  Bank Regulation

With nearly 50 percent of the Latin American population unbanked, there's a growing appetite for mobile banking services. And the ongoing pandemic is only accelerating...

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New Report: Mercado Pago On How Mobile Bridges The LatAm Banking Gap
New Report: Mercado Pago On How Mobile Bridges The LatAm Banking Gap
July 21, 2020  |  Bank Regulation

Open banking is appealing to financial institutions (FIs) and regulators in many markets, even as the pandemic sweeps across the world. Get the Full Story...

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High Tech Microlending — And Why Chickens Hatch Great ROI
High Tech Microlending — And Why Chickens Hatch Great ROI
June 08, 2020  |  Loans

The World Bank distributes about $25 billion a year to countries through governments that identify areas where investment is needed and capital can be deployed...

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