PYMNTS-MonitorEdge-May-2024

financial inclusion

Zuckerberg’s Testimony Paints Libra As Financial Inclusion Tool
Zuckerberg’s Testimony Paints Libra As Financial Inclusion Tool
October 22, 2019  |  Facebook

Facebook CEO Mark Zuckerberg testified before the United States House Of Representatives Committee on Financial Services on Tuesday (Oct. 22). He spoke about the company’s...

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Libra’s Unraveling And The Geneva (Crypto) Convention’s Folly
Libra’s Unraveling And The Geneva (Crypto) Convention’s Folly
October 14, 2019  |  Cryptocurrency

After the mass exodus on Friday (Oct. 11) from the Libra project, the cryptocurrency’s remaining 22 corporate backers are gathering in Geneva, Switzerland to throw...

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JPMorgan Commits $25M For Altruistic FinTech Services
JPMorgan Commits $25M For Altruistic FinTech Services
September 24, 2019  |  Financial Inclusion

JPMorgan Chase is committing $25 million to its Financial Solutions Lab in an effort to help grow and develop FinTech solutions for people in underserved...

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Airfox, Mastercard Team To Expand Digital Banking In Brazil
Airfox, Mastercard Team To Expand Digital Banking In Brazil
July 03, 2019  |  Partnerships / Acquisitions

Digital challenger banking startup Airfox has announced a partnership with Mastercard Brazil to expand the availability of low-cost banking solutions, according to a release by...

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David Marcus Defends Libra As Payments Champion For The Unbanked
David Marcus Defends Libra As Payments Champion For The Unbanked
July 03, 2019  |  Cryptocurrency

The co-creator of Facebook’s recently announced cryptocurrency, Libra, said the currency was created to help the unbanked population easily access the financial system, according to...

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Why PayPal Agreed To Take A Seat At Libra’s Table
Why PayPal Agreed To Take A Seat At Libra’s Table
June 28, 2019  |  Facebook

In the aftermath of Facebook’s unveiling of Libra and its Calibra wallet, among the many questions raised was how it managed to get so many...

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What The Launch Of Facebook’s Libra Means For Payments
What The Launch Of Facebook’s Libra Means For Payments
June 18, 2019  |  Facebook

The endless speculation over Facebook’s plans to build a new set of global payments rails and launch a global cryptocurrency comes to an end today...

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Russia Joins The Faster Payments Revolution
Russia Joins The Faster Payments Revolution
June 17, 2019  |  Faster Payments

The rise of faster payment systems has become a global phenomenon. In the past few years, several global markets have invested resources into developing payment...

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Mastercard Bets On Biometric Cards To Advance Inclusion
Mastercard Bets On Biometric Cards To Advance Inclusion
June 13, 2019  |  Mastercard

In early May, Mastercard, in partnership with SEDESSON, the Mexico state agency for social benefits, and Edenred Bank, announced a first-of-its-kind test in Mexico’s Sonora...

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