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...
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...
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...
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...
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...
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...
France’s Orange Bank is launching completely mobile banking services in Africa, according to a press release. Patrick Roussel, executive vice president of MEA Mobile Financial...
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...
Open banking is appealing to financial institutions (FIs) and regulators in many markets, even as the pandemic sweeps across the world. The European Union’s financial...