PYMNTS-MonitorEdge-May-2024

unbanked

Why Migrant Workers Need Their Own Financial Services
Why Migrant Workers Need Their Own Financial Services
October 08, 2019  |  Alternative Finances

According to the Bureau of Labor statistics, as of 2018 (the last full year for which data is available), there were 28.2 million foreign-born persons in...

READ MORE >
New Indonesia Credit Card Designed To Help Underbanked
New Indonesia Credit Card Designed To Help Underbanked
September 26, 2019  |  Financial Inclusion

Indonesia-based Traveloka has partnered with Bank BRI on a credit card for Indonesia’s underbanked. The travel and lifestyle platform has received investments from the likes...

READ MORE >
How To Better Served The Unbanked In Nigeria
How To Better Served The Unbanked In Nigeria
September 25, 2019  |  Digital Banking

Among the biggest ongoing challenges and opportunities in payments – and a trend that will hold well into the 2020s, which are just about to...

READ MORE >
MTN’s New Mobile Money Transfer Service Caters To Unbanked Nigerians
MTN’s New Mobile Money Transfer Service Caters To Unbanked Nigerians
August 29, 2019  |  International

The biggest telecom company in Nigeria has launched a mobile money transfer service intended to serve the country’s unbanked population, according to a report by...

READ MORE >
The World Gets Its Libra Look — And Is Divided On What It Sees
The World Gets Its Libra Look — And Is Divided On What It Sees
June 19, 2019  |  Facebook

The world has gotten its first good look at Libra — Facebook’s long-anticipated move into cryptocurrency and global payments. That move includes new rails (the...

READ MORE >
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...

READ MORE >
San Francisco To Bar Cashless-Only Stores
San Francisco To Bar Cashless-Only Stores
May 07, 2019  |  Digital Payments

San Francisco is joining Philadelphia and New Jersey in barring cashless retailers from the city. According to a report in the Associated Press, the San...

READ MORE >
Thunes Raises $10M To Connect More Unbanked
Thunes Raises $10M To Connect More Unbanked
May 06, 2019  |  Financial Inclusion

Thunes, a global cross-border payments network for emerging economies, announced Monday (May 6) that it raised $10 million in venture funding. In a press release,...

READ MORE >
FinTech Branch Raises $170M, Partners With Visa
FinTech Branch Raises $170M, Partners With Visa
April 08, 2019  |  Investments

Branch, the popular finance app in Africa, announced on Monday (April 8) that it has inked a partnership with Visa and raised $170 million in venture...

READ MORE >