PYMNTS-MonitorEdge-May-2024

financial inclusion

Clickatell Partners With Central Bank to Bring Nigerians eNaira Banking
Clickatell Partners With Central Bank to Bring Nigerians eNaira Banking
September 19, 2022  |  Financial Inclusion

Unbanked Nigerians and those using a feature phone in the country will soon have access to eNaira banking services through an Unstructured Supplementary Service Data...

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Treasury Lends Tacit Support to Digital Dollar
Treasury Lends Tacit Support to Digital Dollar
September 16, 2022  |  CBDC

One striking aspect of the Treasury Department’s Friday (Sept. 16) report, “The Future of Money and Payments” is how little space it dedicated to address...

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Banking Platform Oportun Gains $150M Secured Loan From Neuberger Berman
Banking Platform Oportun Gains $150M Secured Loan From Neuberger Berman
September 16, 2022  |  Loans

Mission-driven FinTech and digital banking platform Oportun Financial Corporation closed a $150 million senior secured term loan from funds managed or sub-advised by Neuberger Berman Specialty Finance. “The capital...

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Instant Payments, Stablecoins Sit Atop Treasury Dept’s Innovation Agenda
Instant Payments, Stablecoins Sit Atop Treasury Dept’s Innovation Agenda
September 16, 2022  |  Cryptocurrency

After six months of work, the U.S. Treasury Department has released a trio of reports on cryptocurrency policy, and instant payments are high on the...

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Prepaid Cards Streamline Expense Management, Solve Major Pain Points for MENA SMBs
Prepaid Cards Streamline Expense Management, Solve Major Pain Points for MENA SMBs
September 11, 2022  |  Financial Inclusion

Some of the most underbanked populations in the world can be found in the Middle East and North Africa (MENA), where countries like Egypt have...

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How Telco APIs Are Enhancing Africa’s Mobile Money Ecosystem
How Telco APIs Are Enhancing Africa’s Mobile Money Ecosystem
September 08, 2022  |  API

In Europe, open banking is associated with a wave of open application programming interfaces (APIs) rolled out by banks that allow authorized third parties to...

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Today in the Connected Economy: ADT, State Farm Partner on Connected Homes
Today in the Connected Economy: ADT, State Farm Partner on Connected Homes
September 06, 2022  |  Connected Economy

Today in the connected economy, State Farm makes a big investment in security firm ADT as the companies join forces to provide better home security....

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MoneyGram, CreditCare Team to Help Unbanked in Philippines, Vietnam, Nigeria
MoneyGram, CreditCare Team to Help Unbanked in Philippines, Vietnam, Nigeria
September 06, 2022  |  Financial Inclusion

Consumer finance company CreditCare Technology has teamed up with MoneyGram to expand further into the emerging markets of the Philippines, Vietnam and Nigeria. Based in...

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Citigroup to Launch Financial Inclusion Initiatives Under OCC’s Project REACh
Citigroup to Launch Financial Inclusion Initiatives Under OCC’s Project REACh
September 04, 2022  |  Financial Inclusion

Citigroup will be launching two pilot programs under the Office of the Comptroller of the Currency’s Project REACh, or Roundtable for Economic Access and Change,...

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