underbanked

CFPB, DOJ Crack Down On Bank For ‘Redlining’ Consumers

CFPB, DOJ Crack Down On Bank For ‘Redlining’ Consumers
CFPB, DOJ Crack Down On Bank For ‘Redlining’ Consumers
July 01, 2016  |  Payment Methods

In a joint effort announced by the Consumer Financial Protection Bureau and the U.S. Department of Justice, redlining is getting more scrutiny and the two agencies brought...

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Microsoft, Lawmakers Boost Marijuana SMEs’ FinServ Fight
Microsoft, Lawmakers Boost Marijuana SMEs’ FinServ Fight
June 20, 2016  |  B2B Payments

While some marijuana businesses may be operating legally under state law, the federal law that still considers them illegal means banks often refuse to provide...

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Stellar Partners On Real-Time Nigerian Money Transfers
Stellar Partners On Real-Time Nigerian Money Transfers
February 02, 2016  |  Financial Inclusion

The Silicon Valley-based startup Stellar, an open-source payment network that’s backed by Stripe, has announced a new partnership aimed at bringing instant money transfers to...

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VCs Back Payroll Startup For Underbanked — And Their Employers
VCs Back Payroll Startup For Underbanked — And Their Employers
February 02, 2016  |  B2B Payments

Payroll cards service underbanked employees by providing workers with a solution to get paid quickly and use their payroll funds sooner. But paycards have also...

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