PYMNTS-MonitorEdge-May-2024

financial inclusion

Citi Says P2P Payments Are Direct Deposits to Avoid Fees
Citi Says P2P Payments Are Direct Deposits to Avoid Fees
July 18, 2022  |  Payment Methods

Citi is now accepting peer-to-peer (P2P) payments as direct deposits that qualify for checking account monthly service fee waivers, according to a Monday (July 18)...

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Digital Banking Platform Clair, Criterion Team to Offer On-Demand Pay
Digital Banking Platform Clair, Criterion Team to Offer On-Demand Pay
July 14, 2022  |  Partnerships

Digital banking platform Clair has joined forces with human capital management (HCM) software company Criterion to offer free on-demand pay to Criterion’s employees and clients....

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FinTech Innovative Payment Solutions, TV’s Mario Lopez Sign Endorsement Deal
FinTech Innovative Payment Solutions, TV’s Mario Lopez Sign Endorsement Deal
July 11, 2022  |  Financial Inclusion

Innovative Payment Solutions, Inc. (IPSI) has teamed with Mario Lopez, a TV personality who has appeared on “Access Hollywood” and “Saved by the Bell,” to...

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Community Loans Plug Funding Hole for Africa’s Mobile Money Agents
Community Loans Plug Funding Hole for Africa’s Mobile Money Agents
July 11, 2022  |  Financial Inclusion

Whether it’s offering bill payments, airtime recharge, funds transfer or remittance services to customers, mobile money agents play a pivotal role in providing access to...

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El Salvador Weekly: Half of Chivo Wallet Transactions Are Completed in Dollars
El Salvador Weekly: Half of Chivo Wallet Transactions Are Completed in Dollars
July 08, 2022  |  Mobile Wallets

El Salvador’s Chivo digital wallet has largely failed as a digital wallet for cryptocurrency, but it just might succeed as a dollar debit app for...

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Payments Are Digital Passport for Businesses Seeking Access to LatAm Consumers
Payments Are Digital Passport for Businesses Seeking Access to LatAm Consumers
July 08, 2022  |  Digital Payments

Some people equate an end to the pandemic with completion of the digital shift. They obviously haven’t visited Latin America, Asia, the Middle East and...

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Despite Downturns, Central African Republic President Champions Crypto
Despite Downturns, Central African Republic President Champions Crypto
July 03, 2022  |  Cryptocurrency

The Central African Republic was the first country in Africa and the second in the world to make bitcoin an official currency, and its president...

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The Key to Solving MENA Banking Challenges Starts With Regulators
The Key to Solving MENA Banking Challenges Starts With Regulators
June 27, 2022  |  Banking

Card issuers might have it easy in regions like Europe and North America, but in the Middle East and North Africa (MENA) market, FinTechs have...

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Crypto Winter’s Harsh Lessons May Spawn the ‘Last Unbanked Generation’
Crypto Winter’s Harsh Lessons May Spawn the ‘Last Unbanked Generation’
June 24, 2022  |  Cryptocurrency

Cryptocurrency prices have been collapsing for more than half a year now, so it seems counterintuitive to say that crypto investing is a tool that...

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