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NOW Money Partners with Mastercard to Empower Customers with Enhanced Financial Access

Fintech Finance

This move aligns with NOW Money’s mission to offer inclusive financial solutions to underserved communities and improve the financial well-being of its users across the GCC. Financial Inclusion and Literacy: This partnership underscores NOW Money’s commitment to financial inclusion by providing easy access to banking services.

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ETA Releases Annual Report on Advancing Economic Inclusion – Empowering Underserved Communities with Fintech

Electronic Transactions Association

The report, Advancing Economic Inclusion—Empowering Underserved Communities with Fintech , highlights the innovative products and services revolutionizing the way commerce is conducted through safe, secure, convenient, and rewarding solutions.

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Visa and the GSMA Mobile for Development Foundation Launch Digital Finance for All Initiative

Fintech Finance

“Together with the GSMA Foundation, we seek to empower those in underserved communities across the world and provide equal access to help build better financial futures for all.” Mobile money can play a transformative role in advancing financial inclusion and resilience for the nearly 2 billion people who remain unbanked globally.

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Exploring How Faster Payments Can Support Financial Inclusion

Faster Payments Council

April is Financial Literacy Month, when the nation is focused on spreading financial literacy education to help consumers understand how to better manage money. With 106 million financially vulnerable Americans and many weakened small businesses as result of COVID-19, attendees felt the full weight of the statement.

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What More Could Your Fintech be Doing to Bridge the Financial Accessibility Gap?

The Fintech Times

. “SteelWave Digital can further bridge the financial accessibility gap by expanding its strategic partnerships with global liquidity providers to enhance capital flows into underserved markets.

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Blockchain and Bitcoin Education Targeted by Paystand with Paystand.org Launch

The Fintech Times

These underserved communities also deal with such issues as workers sending money back home and being hit with unfair charges as high as 6.8 They also must wait days for their families to receive it — showcasing a clear exploitation of the less fortunate by the financial system.

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Fintech is Failing at Financial Inclusion for Women

Fintech News

Such firms also considered women’s limited economic participation in certain markets, their reliance on informal sources of credit, and low loan size requirements, as limiting demand for credit from women. According to Oliver Wyman, women constitute the single largest underserved group of customers in the financial services industry.