PYMNTS-MonitorEdge-May-2024

financial inclusion

Grab Launches P2P Remittance Product
Grab Launches P2P Remittance Product
November 15, 2018  |  Digital Payments

Grab, the ride-sharing platform out of Southeast Asia, announced on Thursday (Nov. 15) the launch of a remittance offering under the company’s financial services arm....

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Western Union Grows Digital Double-Digits, Expands Underbanked Reach With Amazon
Western Union Grows Digital Double-Digits, Expands Underbanked Reach With Amazon
November 02, 2018  |  Earnings

Double-digit growth marked Western Union's digital offerings, and now represents 12 percent of the firm's key C2C business. Management pointed to solid growth spanning several cross-border...

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The Big Sizzle: Winning Week For Wearables
The Big Sizzle: Winning Week For Wearables
October 26, 2018  |  Sizzle/Fizzle

It was a good week for wearables and their future, as the devices continued to show indications of strong promise on the B2C and B2B...

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Number Of Unbanked Americans Plummets
Number Of Unbanked Americans Plummets
October 24, 2018  |  Consumer Finance

A new survey revealed that the percentage of unbanked Americans fell to the lowest level since the 2007-2009 financial crisis. Data from the Federal Deposit...

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Faster Remittances App Uses Visa APIs, Takes Money20/20 Grand Prize
Faster Remittances App Uses Visa APIs, Takes Money20/20 Grand Prize
October 22, 2018  |  Digital Payments

An app designed to speed up the remittance process, designed via Visa APIs, has taken a top honor at Money20/20 in Las Vegas. The win comes as instant...

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PayPal Invests In Emerging Markets Lending App Tala
PayPal Invests In Emerging Markets Lending App Tala
October 22, 2018  |  Alternative Finances

Tala, the consumer lending app in emerging markets, announced Monday (Oct. 22) a strategic investment from PayPal. In a press release, Tala said the undisclosed...

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Mastercard Rounds Out SMB Services In India With Zoho
Mastercard Rounds Out SMB Services In India With Zoho
October 15, 2018  |  B2B Payments

Small business (SMB) cloud solutions provider Zoho is reportedly teaming up with Mastercard in India to provide holistic accounts receivable solutions. A press release from...

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PayPal Cash Comes To Walmart
PayPal Cash Comes To Walmart
October 12, 2018  |  Partnerships / Acquisitions

For 73 percent of Americans, participating in the digital economy is easy. All they have to do is secure internet access, enter their relevant credit,...

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How Instantor Uses APIs For World Domination
How Instantor Uses APIs For World Domination
October 10, 2018  |  API

Old-school FIs typically rely on outdated consumer data from credit bureaus to review a consumer’s financial viability. However, APIs can help FIs review transactional bank...

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