PYMNTS-MonitorEdge-May-2024

financial inclusion

Brazilian Super App Inter Sees Nasdaq Listing as Springboard to US Consumers
Brazilian Super App Inter Sees Nasdaq Listing as Springboard to US Consumers
June 24, 2022  |  Mobile Applications

The super app offers a digital front door for a range of activities — from banking and investing to insurance, peer-to-peer (P2P) and beyond. In...

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FinTechs Solve Nigeria’s Financial Inclusion Challenge
FinTechs Solve Nigeria’s Financial Inclusion Challenge
June 23, 2022  |  Financial Inclusion

When it comes to tackling poverty and improving the quality of life of the world’s poor and excluded communities, the concept of financial inclusion has...

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Australian FinTech CashD Looks to Redefine Pay Cycles
Australian FinTech CashD Looks to Redefine Pay Cycles
June 22, 2022  |  B2B Payments

Australian B2B FinTech CashD is looking to upend how pay cycles work by allowing workers to choose how and when they get paid, according to...

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UK Open Banking Users Top 6 Million
UK Open Banking Users Top 6 Million
June 22, 2022  |  Banking

More than 6 million individuals and businesses in the United Kingdom regularly use open banking services, the U.K.’s Open Banking Implementation Entity (OBIE) announced in...

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Lyft Adds Cash Payment Option
Lyft Adds Cash Payment Option
June 22, 2022  |  Ridesharing

For those who prefer or need to pay using cash, rideshare platform Lyft is partnering with more than 35,000 retailers across the U.S. — including...

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Citi Removes Overdraft, Returned Item Fees on Retail Banking Accounts
Citi Removes Overdraft, Returned Item Fees on Retail Banking Accounts
June 21, 2022  |  Banking

Citi has removed overdraft, overdraft protection transfer and returned item fees from Citi Retail Banking consumer deposit accounts, with the changes having gone into effect...

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Safaricom CEO: ‘Innovation Mindset’ Critical to M-Pesa Success
Safaricom CEO: ‘Innovation Mindset’ Critical to M-Pesa Success
June 21, 2022  |  Mobile Payments

“M-Pesa is a barometer of what’s happening in the [Kenyan] economy and how customers are behaving.” That description by Peter Ndegwa, CEO at Nairobi-based tech...

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Mastercard, DFC Push to Improve Financial Inclusion in Central America
Mastercard, DFC Push to Improve Financial Inclusion in Central America
June 09, 2022  |  Financial Inclusion

Mastercard announced Thursday (June 9) that it will be working with U.S. International Development Finance Corporation (DFC) on a joint program to help deepen financial...

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Klar Raises $90M to Advance Consumer Digital Finance in Mexico
Klar Raises $90M to Advance Consumer Digital Finance in Mexico
June 09, 2022  |  Investments

Digital financial services startup Klar raised $90 million in a funding round to build out its platform and further innovate to develop tailor-made solutions for...

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