PYMNTS-MonitorEdge-May-2024

unbanked

FDIC Says Number Of Unbanked Dropped Last Year
FDIC Says Number Of Unbanked Dropped Last Year
October 21, 2016  |  Financial Inclusion

U.S. households that include not one person with a checking or savings account, otherwise known as the unbanked, declined to a record low of 7...

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Ideal Payments Brings Mobile Payments To Iraq
Ideal Payments Brings Mobile Payments To Iraq
September 07, 2016  |  Mobile Payments

Ideal Payments announced on Tuesday (Sept. 6) it has partnered with Taif Money Transfer, the Iraqi money transfer service, to roll out Taif eWallet, Iraq’s...

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Uber Drivers In South Africa At Risk When Accepting Cash Payment
Uber Drivers In South Africa At Risk When Accepting Cash Payment
August 15, 2016  |  International

Uber, aiming to target the unbanked in South Africa, has rolled out a new service that lets riders pay for trips in cash. But the...

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First National Bank Of South Africa Sets Up Business In Shipping Container
First National Bank Of South Africa Sets Up Business In Shipping Container
August 04, 2016  |  Financial Inclusion

Shipping containers are large enough to be more than a means to get products from Point A to Point B. It turns out they can...

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Digital Identity’s Call For Democracy
Digital Identity’s Call For Democracy
August 03, 2016  |  Security & Fraud

While FinTech’s current focus is creating and securing a consumer’s digital identity, nearly 40 percent of all adults living in the world lack a physical...

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MobiKwik Powers Food Delivery To India’s Train Passengers
MobiKwik Powers Food Delivery To India’s Train Passengers
August 02, 2016  |  Mobile Payments

MobiKwik, the mobile payments company, is teaming up with the Indian Railway Catering and Tourism Corporation (IRCTC) to accept eCash payments on the latter’s eCatering...

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Which Way Will The Unbanked Pendulum Swing?
Which Way Will The Unbanked Pendulum Swing?
August 02, 2016  |  Alternative Finances

When taken on a global scale, the access to mainstream (bank-backed) financial services and products in the United States is impressive.  Worldwide, 38 percent of...

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Bringing Democracy To Digital Identity
Bringing Democracy To Digital Identity
August 02, 2016  |  Security & Fraud

While FinTech’s current focus is creating and securing a consumer’s digital identity, nearly 40 percent of all adults living in the world lack a physical...

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