PYMNTS-MonitorEdge-May-2024

financial inclusion

For America’s Unbanked, Mobile And Digital Save The Day
For America’s Unbanked, Mobile And Digital Save The Day
November 12, 2020  |  Financial Inclusion

A recent Federal Deposit Insurance Corp. (FDIC) study found that the number of unbanked U.S. consumers will likely start rising again as a result of...

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Operation Hope Founder Brings Urgency To Financial Inclusion With Shopify Partnership
Operation Hope Founder Brings Urgency To Financial Inclusion With Shopify Partnership
November 05, 2020  |  Retail

Some people fit their names perfectly. John Bryant’s middle name is “Hope.” Not only is it his legal, given name, it is also a concept...

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Visa, UAE’s NOW Money To Bring Digital Banking To Low-Income Gulf Customers
Visa, UAE’s NOW Money To Bring Digital Banking To Low-Income Gulf Customers
November 04, 2020  |  Financial Inclusion

Visa has partnered with UAE-based NOW Money to bring digital banking services to low-income customers in the Gulf Region who are unable to access traditional...

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Indian FinTech Creates Inclusive Services For Rural Underbanked
Indian FinTech Creates Inclusive Services For Rural Underbanked
November 02, 2020  |  Financial Inclusion

While much has been written about India’s vast unbanked population — roughly one-eighth by the World Bank’s estimates — the more important issue to really...

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BMO Starts New Business Banking Team To Boost SMBs
BMO Starts New Business Banking Team To Boost SMBs
October 28, 2020  |  B2B Payments

Canada-based bank BMO is launching a new support system for the country’s small businesses during the pandemic, through help from a dedicated banking team, a...

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Mastercard Supports Women-Owned SMBs With $20M CNote Investment
Mastercard Supports Women-Owned SMBs With $20M CNote Investment
October 23, 2020  |  Mastercard

Mastercard is marking National Women’s Small Business Month by furthering its support of the female-founded impact investment platform CNote with an infusion of $20 million,...

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Using P2P Payments To Bank More Of The Unbanked
Using P2P Payments To Bank More Of The Unbanked
October 22, 2020  |  Banking

Although lower costs and increased availability of new peer-to-peer (P2P) payment systems have allowed more first-time users to enjoy the ease and benefits of the...

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The Payroll Card Pursues Stronger Employer-Employee Ties
The Payroll Card Pursues Stronger Employer-Employee Ties
October 21, 2020  |  B2B Payments

Direct debit may seem like the obvious choice for employees to receive their wages, but when more than one-fifth of Americans are unbanked or underbanked,...

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Cardknox Rolls Out New Option For Processing Online SNAP Payments
Cardknox Rolls Out New Option For Processing Online SNAP Payments
October 20, 2020  |  Digital Payments

Grocery stores and other retailers looking to process SNAP EBT payments online just got another tech option as the pandemic reshapes shopping habits. Cardknox on...

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