Faster Payments Council

APRIL 29, 2021

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.

Financial Inclusion 68

Financial Inclusion Faster Payments FPC Financial Literacy 68

The Fintech Times

JULY 16, 2024

These platforms provide much-needed capital to individuals, fostering entrepreneurship and economic growth in underserved communities. Centsai , a US-based financial literacy startup founded by a diverse team, is a standout example. “One of my favourite ethical fintech solutions is Aspiration. .

FinTech 75

FinTech Financial Literacy Online and Mobile Banking P2P 75

The Fintech Times

MAY 21, 2024

By leveraging modern technology, alternative data, and advanced analytics, we can build an equitable finance ecosystem where everyone can access the financial services they need to thrive. Solving the identity challenges of underserved populations is not only an economic imperative, but a moral one.

Verification 59

Verification Identity Theft Legal Financial Literacy 59

The Fintech Times

MARCH 5, 2024

Yabx has been on this journey to build this credit infrastructure ground up and enable financial access for the underserved. Our platform leverages alternate data sources, enhanced digital journeys, and real-time decisioning to drive responsible growth in the financial sector. million consumers and MSMEs through the platform.

Financial Literacy 64

Financial Literacy Financial Inclusion Underserved FinTech 64

The Fintech Times

FEBRUARY 16, 2024

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.

Bitcoin 72

Bitcoin Blockchain Financial Inclusion Underserved 72

Fintech News

FEBRUARY 26, 2024

In Asia Pacific, the lack of a skilled workforce and poor digital and financial literacy were also factors, however this trend can also be observed globally. The commitment to financial inclusion remains a cornerstone of the fintech value proposition.

FinTech 121

FinTech Consumer Financial Inclusion On-Demand 121

Fintech News

DECEMBER 17, 2023

Founded in 2016, Akulaku provides digital banking, financing, investment and insurance brokerage services, targeting financial underserved demographics. Akulaku – US$2 billion Indonesia’s most valuable fintech startup is Akulaku, an online banking and digital finance platform valued at US$2 billion.

FinTech 52

FinTech Financial Literacy Financial Inclusion Online and Mobile Banking 52

PYMNTS

JULY 30, 2020

the Zcash maker, has rolled out an effort called “Crypto in Context,” which links industry leaders with up-and-coming and underserved groups of people geared toward financial knowledge and digital currencies, according to a blog post. He had offered financial literacy instruction to his students, but they wanted more knowledge.

Bitcoin 52

Bitcoin Financial Literacy Digital Currency Legal 52

PYMNTS

NOVEMBER 29, 2017

There’s no overdraft fee, workers can make cash back transactions and SOLE offers a robust financial literacy program for cardholders. When the opportunity arose to help the unbanked workforce in partnership with Adam and his team, we jumped at the chance,” added SOLE Financial President Tom Secor in another statement.

Payroll 44

Payroll Financial Literacy Financial Inclusion Direct Deposit 44

FICO

MAY 19, 2023

Topics include Mastering Credit, Credit Scores, Financial Literacy, Financial Wellness, Managing Debt, and Home Ownership. Prosper's commitment to financial inclusion is championing a way to improve people's access to credit and advance economic development, particularly in the aftermath of the pandemic,” said Kimball.

Financial Inclusion 52

Financial Inclusion Credit Limit Financial Literacy Credit Risk 52

PYMNTS

OCTOBER 21, 2020

The mobile phone allows workers to manage their funds in a digital platform, set up online bill pay, and access resources to improve their financial literacy. The debit card, meanwhile, quickly connects professionals to their earned wages without having to open a bank account or go to a check cashing service or risk losing a check.

Payroll 56

Payroll Debit Card Online and Mobile Banking Checks 56

PYMNTS

JANUARY 3, 2020

According to Lee Li Meng, Razer’s chief strategy officer, the intention of the consortium is not to compete with banks for existent banking customers; rather, it will leverage its already young-skewing customer base to pursue the currently underserved youth market in Singapore. We’ve thought about this long and hard,” Lee said. “We

Online and Mobile Banking 52

Online and Mobile Banking Underserved Financial Literacy Authorization 52

PYMNTS

MAY 10, 2018

Thanks in part to new regulations and an increase in financial literacy, RBR projects that payment card acceptance will jump to 85 million outlets around the globe by 2022. The growth potential is both in the mature markets as well as areas that have high cash-usage rates. Mobile Wallets.

Financial Literacy 45

Financial Literacy P2P Research Chip Cards 45

PYMNTS

SEPTEMBER 15, 2017

Both firms were dedicated to not just building products to serve the underserved, but building them in a way that helps customers gain access to all the benefits of credit cards – credit building, interest-free credit when paid on time, fraud protections and convenience – while at the same time teaching them financial literacy and providing the opportunity (..)

Financial Inclusion 79

Financial Inclusion FinTech Credit Cards Caps 79

The Fintech Times

JULY 28, 2024

. “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.

FinTech 92

FinTech Financial Inclusion Online and Mobile Banking Financial Literacy 92

Fintech News

APRIL 3, 2024

According to Oliver Wyman, women constitute the single largest underserved group of customers in the financial services industry. This demographic faces several barriers that impede their access to financial services.

Financial Inclusion 105

Financial Inclusion FinTech Financial Literacy Non-Bank 105

PYMNTS

APRIL 23, 2020

For example, they posted this activity for Financial Literacy Month: “The road to financial literacy begins with the basics: money recognition! Content, as much as product, is near and dear to the brand’s heart – and that is where it put its focus during the crisis.

Financial Literacy 52

Financial Literacy Underserved Product Continuity 52

The Fintech Times

MAY 7, 2024

Our expertise also extends to developing innovative solutions that enhance access to credit and banking services for consumers and small businesses, especially in areas traditionally underserved by conventional financial institutions. What are some unique challenges associated with the region and Peru in the payments space?

Digital Payments 64

Digital Payments Online and Mobile Banking Financial Inclusion Payments 64

Fintech News

DECEMBER 20, 2023

Separately, MAS is collaborating with the International Finance Corporation (IFC) and the World Economic Forum on initiatives to advance digital inclusion through financial services, with the aim of reducing inequalities for people and smaller businesses in emerging and developing economies.

FinTech 80

FinTech Cross-Border CBDC Central Bank 80

PYMNTS

AUGUST 3, 2020

But the crux of his plan was to hopefully help underserved communities. Rubio noted that the idea was different from European programs which worked as grant programs, because they wanted the “fear of it becoming a loan” to motivate people to keep working and for the economy to keep running.

Small Business 103

Small Business Financial Literacy Underserved Economy 103