PYMNTS-MonitorEdge-May-2024

unbanked

Billions of People and Trillions of Transactions Define the PayFac Opportunity in Emerging Markets
Billions of People and Trillions of Transactions Define the PayFac Opportunity in Emerging Markets
March 29, 2023  |  Payment Methods

Forging a 21st century commerce ecosystem on a global scale means changing consumer behavior, and merchant mindsets, particularly in markets where digital remains a small...

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Paysera and Ria Team to Help Unbanked Consumers
Paysera and Ria Team to Help Unbanked Consumers
March 12, 2023  |  Financial Inclusion

Paysera has teamed with Ria Money Transfer to help unbanked customers send and receive money. The partnership, announced Friday (March 10), lets clients send money...

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Billers Challenged to Make Cash Part of the Digital Payments Experience
Billers Challenged to Make Cash Part of the Digital Payments Experience
February 03, 2023  |  Cash

The conventional wisdom is that the shift to digital payments has led us all away from cash. Jamison Jaworski, GM-SVP of retail and Green Dot...

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Unbanked and Mastercard Partner on Crypto Card Issuance in Europe
Unbanked and Mastercard Partner on Crypto Card Issuance in Europe
February 02, 2023  |  Cryptocurrency

Unbanked and Mastercard have partnered to accelerate decentralized finance (DeFi) card issuance in Europe. Through this partnership, the two companies will use their existing footprint...

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Machine Learning Helps Expand Credit Access In Emerging Markets
Machine Learning Helps Expand Credit Access In Emerging Markets
January 29, 2023  |  Digital-First Banking

Artificial intelligence (AI) is helping increase access to financial services in Africa. In recent years, advances in machine learning, a type of AI, have had...

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NYDFS Slaps Cap on Check Cashing Fees
NYDFS Slaps Cap on Check Cashing Fees
January 19, 2023  |  Regulation

Check cashing fees are getting a makeover in New York. New York’s Department of Financial Services said Wednesday (Jan. 18) that it is updating regulations...

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PYMNTS Intelligence: How Telecoms Expand Digital Payments’ Reach
PYMNTS Intelligence: How Telecoms Expand Digital Payments’ Reach
December 05, 2022  |  Digital Payments

Being underbanked or unbanked is a significant disadvantage in modern society, as this locks households out of personal loans, direct deposits, many types of credit...

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Telecoms Seek to Unlock Financial Services for 1.7B Unbanked
Telecoms Seek to Unlock Financial Services for 1.7B Unbanked
December 01, 2022  |  Digital Payments

The digital banking renaissance has laid out a golden opportunity for telecom companies. Although states have largely eased their pandemic restrictions, many habits consumers picked...

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Unbanked Launches Crypto Card in Europe
Unbanked Launches Crypto Card in Europe
November 30, 2022  |  Cryptocurrency

Unbanked has expanded its cryptocurrency card program to Europe. The New York-based crypto FinTech announced on Wednesday (Nov. 30) that eligible residents in the U.K.,...

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