Tag : financial inclusion

Pathward Partners With Propel to Launch New Line of Credit for Consumers Overlooked by Traditional Banks
Lending News

Pathward Partners With Propel to Launch New Line of Credit for Consumers Overlooked by Traditional Banks

Business Wire
by Business Wire0
Lending as a Service partner and fintech, Propel, will service new Pathward consumer loans Pathward, N.A., a national bank driven by its purpose to power financial inclusion, is adding a new line of credit to open access for credit challenged consumers. While credit options are abundant for some consumers, others......
Mastercard Foundation Proposes Diversified Investment Strategy for Philanthropic Goals
Investment Services News

Mastercard Foundation Proposes Diversified Investment Strategy for Philanthropic Goals

Business Wire
by Business Wire0
Mastercard Foundation Proposes Diversified Investment Strategy to Deliver on Long-Term Philanthropic Goals The Mastercard Foundation, in consultation with Mastercard Incorporated, filed an application with the Ontario Public Guardian and Trustee for a court order to modify its Deed of Gift. Once the order is granted, the changes are expected to......
New Mastercard Study Reveals Financial Inclusion Momentum in Latin America, Highlights Remaining Gaps to Close
Digital Payments News

New Mastercard Study Reveals Financial Inclusion Momentum in Latin America, Highlights Remaining Gaps to Close

Business Wire
by Business Wire0
Report finds the number of cash-only consumers – those without a financial account – has decreased dramatically from 45% to 21% Mastercard released a new report, The State of Financial Inclusion post COVID-19 in Latin America and the Caribbean: New Opportunities for the Payments Ecosystem, demonstrating the mainstream adoption of......
Women's World Banking Brings Making Finance Work for Women Summit to Mumbai
Banking Fintech News

Women’s World Banking Brings Making Finance Work for Women Summit to Mumbai

PR Newswire
by PR Newswire0
Leading global nonprofit unlocks women’s financial power and announces the winners of the 2023 Fintech Innovation Challenge Women’s World Banking, a global leader in advancing financial inclusion for low-income women across the world, is bringing the Making Finance Work for Women Summit to Mumbai, India on 24-25 May 2023. Convening for the first time in......
XSGD Expands Multichain Ecosystem with Support on Hedera
Digital Asset Management News

XSGD Expands Multichain Ecosystem with Support on Hedera

GlobeNewswire
by GlobeNewswire0
XSGD is the first Southeast Asian fiat-backed stablecoin to launch on Hedera’s carbon negative network StraitsX, the Southeast Asia-based digital asset payment infrastructure, announced support for the StraitsX Singapore Dollar (XSGD) on the Hedera network. Since its launch in October 2020, XSGD has gained rapid adoption, surpassing over 7 billion XSGD in......
FICO Launches Inclusion Accelerator Program and Financial Inclusion Lab to Help Advance Lender Financial Inclusion Initiatives
Finance Lending News

FICO Launches Inclusion Accelerator Program and Financial Inclusion Lab to Help Advance Lender Financial Inclusion Initiatives

Business Wire
by Business Wire0
Representing the next phase of FICO’s longstanding commitment to financial inclusion innovation, these programs make it easy for the market to rapidly test and adopt alternative data solutions FICO, a leading global analytics software firm, announced the launch of its Inclusion Accelerator Program and Financial Inclusion Lab to advance lender......
Cross River Bank and New Jersey Institute of Technology Join Forces to Create Cross River Opportunity Scholarship
Banking News

Cross River Bank and New Jersey Institute of Technology Join Forces to Create Cross River Opportunity Scholarship

Business Wire
by Business Wire0
The $50,000 donation to the New Jersey educational institution will ensure access to education and foster talent in the technology sector Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, announced the creation of the Cross River Opportunity Scholarship with the New Jersey Institute of Technology (NJIT).......
The Middle East Is the Fastest Growing Real-Time Payments Market Globally, Finds ACI Worldwide Report
Digital Payments News

The Middle East Is the Fastest Growing Real-Time Payments Market Globally, Finds ACI Worldwide Report

Business Wire
by Business Wire0
According to ACI’s 2023 Prime Time for Real-Time report, transactions in the region are expected to grow from $675 million in 2022 to $2.6 billion by 2027, representing a CAGR of 30.6% The Middle East is fast becoming the global hotspot for the real-time payments revolution sweeping the globe. The region......
Strike Expands “Send Globally” to Guatemala, Bringing Lightning-Fast Money Transfers from the U.S. to Latin America
Digital Payments News

Strike Expands “Send Globally” to Guatemala, Bringing Lightning-Fast Money Transfers from the U.S. to Latin America

Business Wire
by Business Wire0
Strike, the world’s leading digital payments platform built on Bitcoin’s Lightning Network, announced the expansion of “Send Globally” to Guatemala, bringing its revolutionary cross-border payment service to Latin America. “Traditional cross-border payment services are not built with financial inclusion in mind” In 2022, Latin America and the Caribbean received more......
Regions Bank Launches Initiative to Grow Black-Owned Businesses in Its Headquarters City
Banking News

Regions Bank Launches Initiative to Grow Black-Owned Businesses in Its Headquarters City

Business Wire
by Business Wire0
Kendra Key joins Regions to lead a new program that will connect current and future business owners with vital resources for success Regions Bank on Thursday announced the launch of a new initiative designed to support, complement and advance work that is under way to foster more Black-owned businesses in the......
1