PYMNTS-MonitorEdge-May-2024

financial inclusion

Chase Expands Special Purpose Credit Program for Small Businesses
Chase Expands Special Purpose Credit Program for Small Businesses
November 18, 2022  |  Banking

Aiming to expand credit access to businesses in historically underserved areas, Chase has announced the nationwide rollout of its Special Purpose Credit Program (SPCP). The...

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Ready Life Teams With Figure Pay to Offer Easier Mortgages
Ready Life Teams With Figure Pay to Offer Easier Mortgages
November 10, 2022  |  Partnerships

Blockchain lending startup Figure Technologies has teamed up with mortgage FinTech Ready Life to launch a mobile app that lets customers get a mortgage without...

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Mastercard Supports Digital Transformation in Egypt
Mastercard Supports Digital Transformation in Egypt
November 09, 2022  |  Partnerships

Mastercard has partnered with Arab African International Bank (AAIB) as part of its efforts to accelerate the digital transformation of Egypt’s financial system. Through the...

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Bangladesh’s The Social Loan Company Expands to Nigeria
Bangladesh’s The Social Loan Company Expands to Nigeria
October 31, 2022  |  Fintech Investments

The Social Loan Company (TSLC), a digital-first lender founded in Bangladesh, announced Monday (Oct. 31) that it is launching its platform in Africa for the...

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US Unbanked Population Shrinks to 4%
US Unbanked Population Shrinks to 4%
October 26, 2022  |  Financial Inclusion

Even in the face of the economic hardships that came with COVID-19, America’s unbanked dropped to around 4% last year. That’s according to the Federal...

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Prove, Experian, Team to Help Identify the Unbanked
Prove, Experian, Team to Help Identify the Unbanked
October 25, 2022  |  Financial Inclusion

Digital identity company Prove Identity has joined forces with Experian in a partnership designed to use identity verification tools to promote financial inclusion. According to a...

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Northstar Raises $24.4M to Expand Financial Wellness Benefit Platform
Northstar Raises $24.4M to Expand Financial Wellness Benefit Platform
October 13, 2022  |  Investments

Financial wellness benefit provider Northstar has raised $24.4 million and said the additional capital will enable it to expand its products and its global reach....

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Today in the Connected Economy: Netflix Takes Page From Disney With Pop-up Store
Today in the Connected Economy: Netflix Takes Page From Disney With Pop-up Store
October 12, 2022  |  Connected Economy

Today in the connected economy, Netflix follows in the tradition of Disney by opening a pop-up store selling merchandise connected to its programming. Plus, Mastercard...

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Millennials Seek Convenience, Guidance From Financial Super Apps
Millennials Seek Convenience, Guidance From Financial Super Apps
October 12, 2022  |  Connected Economy

The (continued) emergence of the super app carries a couple of questions along with it: Can the digital front door be all things to all...

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