PYMNTS-MonitorEdge-May-2024

financial inclusion

Credable Raises $2.5 Million to Expand Digital Banking Platform
Credable Raises $2.5 Million to Expand Digital Banking Platform
March 20, 2023  |  Investments

Digital banking platform Credable wants to reach new markets after raising $2.5 million. The seed funding round, reported Monday (March 20) by TechCrunch, will help...

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Visa Says Adoption of Open-Loop Transit Payments Is at a Tipping Point Worldwide
Visa Says Adoption of Open-Loop Transit Payments Is at a Tipping Point Worldwide
March 17, 2023  |  Transportation

As transit systems move away from legacy payment methods like pay-as-you-go passes and toward contactless open-loop payments, it’s creating new commerce possibilities that not only...

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Paysera and Ria Team to Help Unbanked Consumers
Paysera and Ria Team to Help Unbanked Consumers
March 12, 2023  |  Financial Inclusion

Paysera has teamed with Ria Money Transfer to help unbanked customers send and receive money. The partnership, announced Friday (March 10), lets clients send money...

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Nigeria Greenlights Open Banking to Deepen Financial Inclusion, Boost Innovation
Nigeria Greenlights Open Banking to Deepen Financial Inclusion, Boost Innovation
March 09, 2023  |  Bank Regulation

Open banking is now live in Nigeria, the first country to adopt open banking regulations in the Africa region. The operational guidelines to kickstart the...

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Ooredoo and Huawei Partner on Mobile Money in MENA Region
Ooredoo and Huawei Partner on Mobile Money in MENA Region
March 06, 2023  |  Financial Inclusion

Ooredoo and Huawei have partnered on mobile money in the Middle East and North Africa. This collaboration will provide Huawei’s FinTech and mobile money platform...

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Embedded Finance Brings Banking to Underserved Consumers No Matter Where They Are  
Embedded Finance Brings Banking to Underserved Consumers No Matter Where They Are  
March 02, 2023  |  Banking

For student-athletes, managing money is no layup. No easy line drive. Pick your sports metaphor. Younger consumers who spend much of their lives on the...

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Greenlight Debuts Financial Literacy Employee Benefit Tool
Greenlight Debuts Financial Literacy Employee Benefit Tool
February 28, 2023  |  Financial Inclusion

Family-centric FinTech Greenlight has debuted its first employer-centric financial literacy tool. The company announced in a Tuesday (Feb. 28) press release that it is making...

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Circle and Citizens Trust Bank Partner on Digital Financial Inclusion
Circle and Citizens Trust Bank Partner on Digital Financial Inclusion
February 24, 2023  |  Cryptocurrency

Citizens Trust Bank will hold $65 million in USD Coin (USDC) cash reserves as part of a partnership to foster digital financial inclusion. Circle Internet...

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LendingClub: AI Can Transform Lending and Broaden Inclusion
LendingClub: AI Can Transform Lending and Broaden Inclusion
February 23, 2023  |  artificial intelligence

The artificial intelligence (AI) revolution has been more of an evolution. “AI is the latest buzzword for something that’s been building for at least a...

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