PYMNTS-MonitorEdge-May-2024

unbanked

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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Today In Data: Offering Innovations In Risk-Rich Environments
Today In Data: Offering Innovations In Risk-Rich Environments
October 15, 2018  |  Today In Data

Where there are underserved consumers looking to enter the digital ecosystem, there are innovators big (and, in some cases, very big) and small looking to serve them. But...

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Xpress Money Continues Its African Expansion
Xpress Money Continues Its African Expansion
September 03, 2018  |  International

Xpress Money continues to expand its efforts in Africa as it tries to bring down the high remittance costs in the region, according to a...

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Nigeria Sees Decline In Banked Adults Thanks To Mobile Money Roadblocks
Nigeria Sees Decline In Banked Adults Thanks To Mobile Money Roadblocks
July 19, 2018  |  Financial Inclusion

Despite being home to Africa’s biggest mobile phone market, Nigeria is seeing a decline in banked adults in the country. According to a report in...

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New Scoring Models For The Underserved Gaining International Attention
New Scoring Models For The Underserved Gaining International Attention
July 03, 2018  |  Banking

The majority of Americans don’t dedicate much time to routine access to financial services. About 77 percent of American adults are able to have all...

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How India Will Leapfrog Plastic Payments
How India Will Leapfrog Plastic Payments
April 30, 2018  |  Startup Check-In

Three decades ago, there were 25 million credit cards in use across the Indian subcontinent, despite it being one of the world’s most populous nations....

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Mastercard: Serving The Financial Needs Of The ‘New Middle Class’
Mastercard: Serving The Financial Needs Of The ‘New Middle Class’
April 27, 2018  |  Financial Inclusion

Welcome to the middle class! Congratulations, you made it! Good luck getting approved for a credit card with that low or nonexistent credit score, though....

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PayPal Teams With ebizmarts To Integrate With Magento
PayPal Teams With ebizmarts To Integrate With Magento
April 17, 2018  |  Partnerships / Acquisitions

PayPal is working with point-of-sale (POS) company ebizmarts to help retailers offer both POS and digital payments. According to news from Mobile Payments Today, PayPal’s mobile card product...

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PayPal Sets Sights On The Unbanked
PayPal Sets Sights On The Unbanked
April 10, 2018  |  Digital Banking

PayPal is setting its sights on the unbanked, with an eye, too, on offering mainstream banking services, reported The Wall Street Journal on Monday (April...

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