PYMNTS

MAY 8, 2020

The 40-page report issued on Friday (May 8) by the SBA Inspector General found the SBA did not inform lenders the measure was to prioritize underserved communities for the PPP under the $2.2 If you take a look at the original announcements, they are so clear. trillion CARES Act stimulus package. “We

Underserved 66

Underserved Payroll Small Business Origination 66

Wharton Fintech

DECEMBER 6, 2023

link] Key takeaways from our discussion: How digital technologies and fintechs have unleashed innovation in commercial banking SMEs are potentially the largest underserved category in financial services globally because the complexities of running a business and the distraction of financial services to running that business are really significant.

Underserved 130

Underserved Non-Bank FinTech Regulations 130

PYMNTS

OCTOBER 19, 2020

The [SMB] market is underserved and highly fragmented and still does not have easy access to capital from the traditional lenders,” So said. To address this problem, Flowcast has just launched its Tillful platform, which it says will level the playing field for SMEs by helping them boost credit scores needed to qualify for loans.

AI 120

AI B2B Underwriting Non-Bank 120

PYMNTS

NOVEMBER 6, 2020

By reducing complexity, we can leverage the technology efficiencies we have to deliver financial solutions to traditionally underserved and underrepresented consumers, driving real financial inclusion.”. I look forward to working with the OCC as we move forward on this journey.”.

Blockchain 65

Blockchain OCC Financial Inclusion Origination 65

PYMNTS

NOVEMBER 3, 2020

These needs are underserved by brick and mortar channels of the financial system because of the lack of reach and customer insights in the process of underwriting risk, for example in the case of a micro-loan or small-claims insurance.”. The total credit balances originated at the end of June period and fiscal year stood at 1.7

NOV 79

NOV Origination Small Business Non-Bank 79

FICO

OCTOBER 22, 2020

Home Credit Group , which lends to underserved customers with little or no credit history, has chosen FICO® Decision Optimizer , part of the FICO® Platform , to further improve its lending offers in multiple markets.

AI 96

AI Underserved Risk Risk Management 96

PYMNTS

JULY 15, 2019

In the specific case of the Xoom services, we saw that it was a market segment that was materially underserved, for whom there had not been appropriate, meaningful innovation.”. The Monday announcement comes as 80 percent of the company’s transactions originate (to send) on a mobile platform.

PayPal 80

PayPal Cross-Border Transaction Limits P2P 80

Fintech News

OCTOBER 28, 2024

The APIs has not only helped platform partners unlock new revenue opportunities, more importantly, it has allowed ANEXT Bank to engage and enable the ecosystem of partners to accelerate and scale financial inclusion for unserved and underserved MSMEs.

AI 106

AI FinTech Innovation Payment APIs and Integration 106

PYMNTS

MARCH 6, 2020

The Accion Quona Inclusion Fund originally had a goal of raising $150 million. We focus on scale-up stage financial technology companies that are expanding access to financial services for underserved consumers and small businesses,” said Rengaswamy. to Gojek in January of 201 and the IPO of B2B eCommerce company IndiaMart last year.

FinTech 56

FinTech Underserved Origination Small Business 56

Fintech Finance

AUGUST 1, 2024

Our mission is to create a door to the world so community banks can access banks and authorize transfers no matter where payments originate,” notes Isabel Cruz, CEO of AMUCCS and Chairwoman of the People’s Clearinghouse. financial institutions to invest in building infrastructure for rural banks. “We

Cross-Border Payments 98

Cross-Border Payments Community Banks Cross-Border Interoperability 98

PYMNTS

MAY 28, 2020

SMBs have said the original PPP legislation, which required most of the loan to be used for payroll, didn’t make sense, as many needed money for rent and other expenses brought on by COVID-19. The mission of CDFIs is to lend to low-income borrowers and other groups that are often underserved by traditional lenders. “We

Rules 53

Rules Underserved Payroll Treasury 53

PYMNTS

NOVEMBER 23, 2020

He pointed to brands and merchants like Dunkin and Dollar General, marked by underserved populations that could benefit by better economics than has been seen with prepaid cards or payday lending. Figure Pay, he said, debuts in January in Missoula, Montana, and then will see a broader rollout through the quarter. “As

Financial Inclusion 86

Financial Inclusion Office of the Comptroller of the Currency Blockchain OCC 86

PYMNTS

FEBRUARY 12, 2019

Metabank provides financial solutions to customers and businesses in what it considers niche and underserved markets, with a belief in financial inclusion for everyone. The Metabank payments platform also includes wire transfers, ACH origination and other payment services.

Faster Payments 58

Faster Payments Visa Tax Refunds ACH Origination 58

The Fintech Times

NOVEMBER 13, 2024

DigMo , which is licensed by the Bank of Zambia to operate a wallet, plans to support underserved users by providing access to engaging products with incentives. Save to Win is based on the concept of Premium Bonds, originally introduced in the UK by then-Chancellor of the Exchequer, who later became Prime Minister, Harold Macmillan.

Accounts 59

Accounts Financial Inclusion Underserved Participant 59

The Fintech Times

MAY 10, 2024

Backing SMEs across the UK Leveraging British Business Investments’ support, Beechbrook continues to provide essential financial capital to the underserved smaller business segment of the lower mid-market. Since 2008, Beechbrook has invested over £500million in 70 SMEs across the UK.

Underserved 69

Underserved Finance Origination Continuity 69

Fintech Review

JULY 16, 2024

The concept of open banking originated from regulatory initiatives aimed at increasing competition and consumer choice in the financial sector. Fintech firms can develop services for underserved populations, such as individuals without access to traditional banking services. It also promotes financial inclusion.

Innovation 98

Innovation Consumer API Financial Inclusion 98

FICO

OCTOBER 22, 2020

Home Credit Group , which lends to underserved customers with little or no credit history, has chosen FICO® Decision Optimizer , part of the FICO® Platform , to further improve its lending offers in multiple markets.

AI 74

AI Underserved Risk Risk Management 74

Fintech Review

APRIL 11, 2025

A Brief History of Fintech The origins of fintech can be traced back to the 1960s. Financial Inclusion Fintech improves access to credit, savings, and insurance in underserved markets. It represents a shift in mindset: finance as a service, not a place. This shift affects banks, insurers, asset managers, and regulators alike.

FinTech 52

FinTech Online and Mobile Banking Payment APIs and Integration Cross-Border 52

The Fintech Times

JANUARY 31, 2024

To further identify how these benefits advance credit education and enable financial inclusion, the study used depersonalised credit data to analyse these outcomes for key consumer credit segments: new-to-credit, underserved, and credit-served consumers.

Checks 59

Checks Underserved Consumer Credit Cards 59

The Payments Association

MARCH 18, 2025

Unlike open bankings regulatory-driven origins, open finance is advancing through a mix of policy frameworks and market-led initiativesdriving divergent adoption curves that are reshaping competitive dynamics globally. For payments leaders, the implications are profound. Fraud detection and risk management are also evolving.

Finance 88

Finance Payment APIs and Integration Non-Bank Embedded Finance 88

M2P Fintech

NOVEMBER 12, 2024

Fortunately, digital lending platforms, particularly those equipped with Loan Origination Systems (LOS) and Loan Management Systems (LMS), have reshaped the industry by automating the entire lending process to deliver quick, accurate, and seamless experiences. These innovative operating models are essential for advancing financial inclusion.

Financial Inclusion 52

Financial Inclusion Origination Automation On-Demand 52

Finovate

MARCH 7, 2025

Its fair to say that traditional financial systems left many people and communities underserved, but LPMsfrom mobile wallets in Africa to RTP schemes like UPI in Indiabridge this gap, and theyre empowering billions of consumers to participate in the digital economy. And thats a really positive development.

Payments 52

Payments Push-to-Card Online and Mobile Banking P2P 52

Fintech News

JULY 23, 2024

This approach has enabled CapBay to provide over MYR 3 billion (US$643 million) in financing to more than 1,700 underserved SMEs across 20 diverse industries. It also invests in community initiatives, equipping underserved communities with future-ready skills and promoting food resilience.

FinTech 132

FinTech Online and Mobile Banking Multi-Currency Non-Bank 132

PYMNTS

FEBRUARY 11, 2019

“If you’re a lender who wants to get serious about commercial lending to small and medium-[sized] growth businesses [SMBs], we can help you originate and underwrite deals faster and more efficiently, as well as maintain a clearer view of how each business in your portfolio is performing. If you’re a growth business in either the U.K.

Underserved 53

Underserved Underwriting Finance Origination 53

M2P Fintech

MARCH 24, 2025

AI is poised to revolutionize loan origination. Alternative Lending: Expanding Access to Credit Alternative lending platforms are revolutionizing access to credit, offering a vital lifeline for borrowers underserved by traditional institutions. “One-click” loans become reality through instant credit assessments.

Payment APIs and Integration 52

Payment APIs and Integration Blockchain Regulatory Compliance Compliance 52

PYMNTS

NOVEMBER 8, 2018

Too many consumer demographics are underserved by the food and beverage products currently on the market.”. In 2010, he developed an AI tea tool that did better than expert taste testers when placing the origin of specific teas.

AI 55

AI Underserved Product Origination 55

PYMNTS

MARCH 21, 2019

The money from the issuance will allow for 32,561 credit-building loans to what the company calls underserved and underbanked communities. By seeing borrowers as more than their credit score, Aura is setting the standard for responsible small balance loan origination.”.

Underserved 43

Underserved Origination Returns Financial Inclusion 43

PYMNTS

JULY 16, 2019

Last year, Lendbuzz’s loan origination grew 320 percent, and the company increased its dealership network across the United States to include key markets, including California and Florida. credit history to help them secure financing for auto loans. “This is a significant step forward for Lendbuzz.

Finance 49

Finance FinTech Underwriting Credit Risk 49

PYMNTS

APRIL 26, 2018

There was a lot going on during PayPal ’s quarterly earnings report yesterday (April 25), as the original “Pay” player managed to beat analyst expectations nearly across the board and even forecast a better-than-expected result for the rest of the year. That means, according to Schulman, being a better cooperator in the U.S.

Financial Inclusion 51

Financial Inclusion PayPal Underserved Push-to-Card 51

Fintech Finance

DECEMBER 12, 2023

Originally focused on offering payment services for the African diaspora in North America and Europe, last year, the payments company acquired Rightcard Payment Services in the UK, which holds an EMI license, allowing it to provide its customers with e-wallets.

International Payments 52

International Payments Underserved Payments Origination 52

PYMNTS

APRIL 24, 2018

The company also has a goal of originating more than $800 million in loans this year. Credit in India is highly underpenetrated, and Capital Float is bringing the right kind of credit solutions to the underserved and informally served segments of SMEs to help realize their full potential,” Agarwal added.

Underserved 43

Underserved Small Business Origination Finance 43

Fintech News

JANUARY 15, 2024

The POC witnessed major collaborations with five merchant acquirers, a plethora of over twenty payment schemes from both local and international origins, and a widespread network of merchant acceptance points exceeding a thousand, located within the SFF and the Changi district.

Interoperability 114

Interoperability Cross-Border Payments Financial Inclusion 114

Fintech News

FEBRUARY 27, 2024

Rapid digitalisation, a young internet-savvy population, and underserved markets make the region ripe for fintech disruption. Originating from Melbourne, Airwallex has swiftly expanded in eight years, providing businesses with international money transfer services and multi-currency accounts.

FinTech 120

FinTech Risk Federal Reserve Compliance 120

PYMNTS

AUGUST 7, 2019

In the meantime, banks and FinTechs appear eager to collaborate and promote adoption of the technologies and emerging services that are available today — and eager to test how these tools can positively impact small businesses, a market Thyagarajan said is significantly “underserved” today.

Office of the Comptroller of the Currency 72

Office of the Comptroller of the Currency Payment APIs and Integration Federal Reserve Small Business 72

The Fintech Times

JULY 16, 2024

“By providing an immutable ledger, these solutions enable consumers to verify the journey of a product from origin to shelf, ensuring it adheres to ethical standards such as fair labour practices and environmental sustainability. “One of my favourite ethical fintech solutions is Aspiration.

FinTech 75

FinTech Financial Literacy Online and Mobile Banking P2P 75

FICO

MAY 23, 2022

Since introduced, the FICO® Score and FICO® Extended Score have been used by Mexican banks to make more than 200 million credit decisions and originate more than USD$110B in loans: an amount equivalent to 10 percent of Mexico’s GDP.

Financial Inclusion 52

Financial Inclusion Embedded Finance Risk Assessment Assessments 52

Fintech Finance

DECEMBER 18, 2023

” Significantly, 75% of CASHe’s user base originates from tier 2, tier 3, and small towns across India. CASHe is not merely an application; it represents our commitment to delivering accessible, innovative, and empowering financial solutions to all.”

Financial Inclusion 52

Financial Inclusion Underserved Innovation Origination 52