PYMNTS-MonitorEdge-May-2024

financial inclusion

KeyBank Launches Homebuyer Assistance Program for Underserved Communities
KeyBank Launches Homebuyer Assistance Program for Underserved Communities
July 06, 2023  |  Real Estate

KeyBank has launched a homebuyer assistance program for underserved communities. The new KeyBank Neighbors First Credit program provides credits of up to $5,000 to help homebuyers...

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How Digital Innovation Is Unifying Africa’s Fragmented Payments Landscape
How Digital Innovation Is Unifying Africa’s Fragmented Payments Landscape
July 06, 2023  |  Digital Payments

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...

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IFC and Thai Credit Partner to Help Small Businesses
IFC and Thai Credit Partner to Help Small Businesses
July 05, 2023  |  Partnerships

International Finance Corporation (IFC) and Thai Credit Retail Bank have partnered to help small businesses in Thailand. As a global development institution that is a member of...

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Zellis and Wagestream Partner to Support Financial Wellbeing for UK Employees
Zellis and Wagestream Partner to Support Financial Wellbeing for UK Employees
July 05, 2023  |  Partnerships

Workplace solutions provider Zellis has launched its new workforce finance platform MyView PayNow in the United Kingdom. The joint venture with Wagestream is designed to provide financial wellness to employees and have a...

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Maza Raises $8 Million to Give US Immigrants Financial Foothold
Maza Raises $8 Million to Give US Immigrants Financial Foothold
June 28, 2023  |  Investments

Financial platform Maza has raised $8 million to help provide immigrants with financial identities. The Los Angeles-based company announced the seed funding in a Wednesday (June 28) press release,...

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Can BNPL Help Gen Z Pave Path to a $2.2 Million Net Worth?
Can BNPL Help Gen Z Pave Path to a $2.2 Million Net Worth?
June 28, 2023  |  Buy Now Pay Later

The concept of wealth is constantly evolving — and in the Instagram age, social media makes it all too easy to keep score in the...

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HFSC Chairman Patrick McHenry Opposes Biden Administration Mortgage Plan
HFSC Chairman Patrick McHenry Opposes Biden Administration Mortgage Plan
June 23, 2023  |  Politics

The chairman of the House Financial Services Committee aims to reverse a Biden Administration mortgage plan. Rep. Patrick McHenry (R-North Carolina) said Friday (June 23)...

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Pathward and Propel Partner to Provide Credit to Underserved Consumers
Pathward and Propel Partner to Provide Credit to Underserved Consumers
June 20, 2023  |  Partnerships

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...

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Mexico and Peru to Follow Brazil’s Real-Time Payments Footsteps
Mexico and Peru to Follow Brazil’s Real-Time Payments Footsteps
June 18, 2023  |  Real-Time Payments

Despite large proportions of unbanked households hampering real-time payments adoption in Latin America, some countries in the region are expected to see massive real-time payments...

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