July 31, 2023
Unlocking the Virtual Prepaid Card Opportunity
Money today is different than it was five years ago. It’s more nimble, secure, online and democratized. That’s why PYMNTS sat down with Chris Winter, managing director and head of APAC...
July 19, 2023
TerraPay and Safaricom Team on Cross-Border Payments
Payments infrastructure TerraPay has launched a cross-border remittance partnership with Kenyan telecommunications firm Safaricom. The collaboration, announced Wednesday (July 19), will operate through TerraPay’s remittance provider Mobex and let more...
July 19, 2023
Experian Enables Consumers to Share Payroll Information for Verification
Experian has expanded its real-time income and employment verification offering. The enhancement enables consumers to provide permissioned access to their payroll accounts and share information directly from their employers’ payroll...
July 06, 2023
How Digital Innovation Is Unifying Africa’s Fragmented Payments Landscape
In 2019, Meta CEO Mark Zuckerberg said it was time to simplify money movement and make sending money to someone as easy as sending a photo. However, what that statement,...
July 03, 2023
India’s Abound Raises $10 Million to Expand Remittance App
Indian cash-back and rewards app Abound has raised $10 million from the Times Group to expand its remittance offering. The app — owned by the Times of India and formerly...
June 26, 2023
ECB Proposal: Benefits of Digital Euro Outweigh the Costs
The European Union will reportedly publish draft rules governing a digital euro this week. The regulations provide the legal basis for the digital currency, assuming the European Central Bank (ECB)...
June 26, 2023
EU Proposal: Benefits Of Digital Euro Outweigh The Costs
The European Union will reportedly publish draft rules governing a digital euro this week. The regulations provide the legal basis for the digital currency, assuming the European Central Bank (ECB)...
June 26, 2023
Swiss National Bank Preps Test of Wholesale CBDC
Switzerland’s central bank is reportedly planning to issue a wholesale digital currency. The project will happen on the country’s SIX digital exchange, Swiss National Bank Chairman Thomas Jordan said Monday...
June 20, 2023
Pathward and Propel Partner to Provide Credit to Underserved Consumers
Pathward is adding a new line of credit for consumers who have limited access to credit. The national bank has partnered with Propel, a FinTech that will service the loans through its Lending-as-a-Service (LaaS)...
Individuals with mobile phones outnumber those with bank accounts in the most underbanked regions of the world, offering the telecom industry a prime opportunity to fulfill a vital role. In this month’s “Telecommunications Payments Tracker®,” a collaboration with i2c, four telecom providers tell PYMNTS how the industry is ideally positioned to provide financial access to unbanked households.