PYMNTS-MonitorEdge-May-2024

financial inclusion

eCommerce FinTech Katapult To Go Public By Merging With SPAC
eCommerce FinTech Katapult To Go Public By Merging With SPAC
December 18, 2020  |  Investments

Katapult Holding, Inc. and special purpose acquisition company (SPAC) FinServ Acquisition Corp. said on Friday (Dec. 18) that they have entered into a definitive merger deal....

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PSCU And Welcome Technologies Team Up On Credit Card Aimed At Immigrants
PSCU And Welcome Technologies Team Up On Credit Card Aimed At Immigrants
December 16, 2020  |  Financial Inclusion

Welcome Technologies, which builds data-driven tech for immigrant communities, has chosen PSCU, a credit union service organization, to provide processing services and support for the...

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Paysafecash Debuts In US For eCash Payments
Paysafecash Debuts In US For eCash Payments
December 15, 2020  |  Financial Inclusion

Paysafe, an integrated payments platform, has launched Paysafecash in the U.S. to help offer an alternative payment method for those looking to transact online, according...

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FinTech Oportun Seeks US National Bank Charter
FinTech Oportun Seeks US National Bank Charter
November 24, 2020  |  Financial Inclusion

Oportun Financial, which provides “inclusive, affordable” financial services, has applied for a national bank charter with the Office of the Comptroller of the Currency (OCC),...

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OCC Calls For Equal Access To Banking Services
OCC Calls For Equal Access To Banking Services
November 23, 2020  |  Bank Regulation

The Office of the Comptroller of the Currency (OCC) has proposed personal banking regulations intended to level the playing field.  The rule would guarantee that...

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Figure CEO: Figure Pay, National Bank Charter Will Boost Financial Inclusion
Figure CEO: Figure Pay, National Bank Charter Will Boost Financial Inclusion
November 23, 2020  |  Financial Inclusion

Blockchain and a bank charter might do much to boost financial inclusion. While many digital-first companies springboard from payments into lending, Figure Technologies, a FinTech...

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What Will Ant Group Look Like A Year From Now?
What Will Ant Group Look Like A Year From Now?
November 20, 2020  |  Regulation

What’s next for Ant Group – and by extension, Jack Ma?  In China, the battle of the regulators versus FinTech behemoth has seemingly been joined. ...

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LGBT+ Digital Bank Daylight Launches With Visa Fast Track Boost
LGBT+ Digital Bank Daylight Launches With Visa Fast Track Boost
November 18, 2020  |  Digital Banking

Daylight, the first digital bank for the LGBT+ community, just went live in a Nov. 18 launch made possible by a big assist from Visa’s...

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Mastercard, Juvo Team Up To Help Underbanked Build Credit In LATAM, Caribbean
Mastercard, Juvo Team Up To Help Underbanked Build Credit In LATAM, Caribbean
November 17, 2020  |  Financial Inclusion

Mastercard is teaming up with FinTech startup Juvo to help the “underbanked” in Latin America and the Caribbean to build credit histories so they can...

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