PYMNTS-MonitorEdge-May-2024

underbanked

Abra Goes Global, Leverages Crowdtesting
Abra Goes Global, Leverages Crowdtesting
April 06, 2017  |  Mobile Applications

For technology startups looking to expand their reach, crowdtesting has become a key resource to ensure operability on the global market. FinTech Abra, for instance,...

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Amazon’s Cash Play
Amazon’s Cash Play
April 04, 2017  |  Amazon

As of yesterday (April 3), Amazon is open for business for cash-only customers — via 10,000 physical locations where a consumer can deposit cash directly into...

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Topic TBD: Reaching The Great Unbanked Generation
Topic TBD: Reaching The Great Unbanked Generation
March 27, 2017  |  Retail

There is no shortage of attention paid to millennials. As the largest age cohort today at 83 million strong, they are hard to overlook. And...

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PaySwag Integrates Sionic Mobile’s ICE To Provide Mobile App For Underbanked
PaySwag Integrates Sionic Mobile’s ICE To Provide Mobile App For Underbanked
March 17, 2017  |  Mobile Applications

Sionic Mobile and Customer Engagement Technologies (CET) are partnering up to provide a mobile payment app for the underbanked, according to Finextra. CET’s mobile app,...

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PYMNTS Daily Data Dive: Higher Bank Fees For Underserved
PYMNTS Daily Data Dive: Higher Bank Fees For Underserved
November 22, 2016  |  Daily Data Dive

The sixth annual Financially Underserved Market Size report found that 67 million adults in the U.S. who bank are part of the underserved market. They don’t...

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For Underbanked, Higher Fees And Auto Payments
For Underbanked, Higher Fees And Auto Payments
November 21, 2016  |  Consumer Finance

There are 67 million adults in the United States who are part of the “underserved” market, and those individuals, who do not have bank accounts,...

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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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US Government Sees The Benefits Of Blockchain
US Government Sees The Benefits Of Blockchain
September 14, 2016  |  Blockchain / Distributed Ledger

The U.S. government is showing support for digital currencies and seeing potential advantages to its use. A nonbinding resolution passed on Monday that touts blockchain’s...

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