PYMNTS-MonitorEdge-May-2024

financial inclusion

McDonald’s Launches $250M New Franchise Initiative to Drive Diversity
McDonald’s Launches $250M New Franchise Initiative to Drive Diversity
December 08, 2021  |  Financial Inclusion

McDonald’s is pledging $250 million to increase the number of minority-owned franchise proprietors in the U.S. in a move to drive diversity in the quick-service...

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Amex, Nova Credit Expands Credit Partnership to More US Immigrants
Amex, Nova Credit Expands Credit Partnership to More US Immigrants
December 07, 2021  |  Partnerships

American Express will be working with Nova Credit to offer expanded credit access to citizens of Brazil, the Dominican Republic, Kenya and Nigeria who have...

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Indonesians Can Open Bank Account with GoJek App
Indonesians Can Open Bank Account with GoJek App
November 29, 2021  |  Digital-First Banking

Digital wallet GoPay is teaming with Bank Jago, the technology bank from Indonesia, to work on more streamlined digital banking to help the vast number...

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Mastercard Acquires LATAM Real-Time Payments Platform
Mastercard Acquires LATAM Real-Time Payments Platform
November 24, 2021  |  Acquisitions

Mastercard Inc. on Wednesday (Nov. 24) announced its acquisition of Start Path program alum Arcus FI to assist with bill pay solution delivery and other...

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Is Square’s Focus on Bitcoin at Odds With its Goal to Deliver Financial Inclusion?
Is Square’s Focus on Bitcoin at Odds With its Goal to Deliver Financial Inclusion?
November 23, 2021  |  Cryptocurrency

Square has always put financial inclusion is at the heart of its mission. Whether it can get there on bitcoin alone is another question. The...

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Square’s tbDEX Decentralized Bitcoin Exchange to Fight Financial Inequality
Square’s tbDEX Decentralized Bitcoin Exchange to Fight Financial Inequality
November 21, 2021  |  Bitcoin

U.S. digital payment company Square has debuted plans for a decentralized bitcoin exchange, tbDEX, according to an 18-page white paper by the company. The paper...

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Circle Details Plans for Using USDC to Advance Financial Inclusion
Circle Details Plans for Using USDC to Advance Financial Inclusion
November 17, 2021  |  Cryptocurrency

Circle, a payments company and stablecoin operator, has introduced several new avenues toward financial inclusion, the Financial Times (FT) reported Wednesday (Nov. 17). The initiative...

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Credit Sesame Debuts Free Credit Builder Banking Service
Credit Sesame Debuts Free Credit Builder Banking Service
November 17, 2021  |  Financial Inclusion

Financial wellness platform Credit Sesame on Wednesday (Nov. 17) rolled out its new credit builder banking technology, an all-in-one bank account that gives consumers the...

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China’s Whale Cloud Teams With Mexico’s Toka FinTech to Develop Payment App
China’s Whale Cloud Teams With Mexico’s Toka FinTech to Develop Payment App
November 10, 2021  |  B2B Payments

China-based Whale Cloud, which provides telecommunications software solutions, has partnered with Toka Fintech, based in Mexico, to develop a new digital payment app with Alipay+...

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