Tag : financial inclusion

Adapting to Thrive: Small-Scale East African Retailers
Commerce News

Adapting to Thrive: Small-Scale East African Retailers

Fintech News Desk
by Fintech News Desk0
Smollan representing some of the world’s most loved FMCG and commerce brands, gives a glimpse into the dynamics of this growing sector and the challenges and opportunities that arise Millions of small, independent shops in East Africa will need to look at diversifying, digitizing, and even partnering for growth in......
BRI & Paper.id Presents PAPERCARD, a Credit Card for Businesses
Digital Payments Finance News

BRI & Paper.id Presents PAPERCARD, a Credit Card for Businesses

PR Newswire
by PR Newswire0
Recently, PT Bank Rakyat Indonesia (Persero) Tbk (BRI) in collaboration with PT Pakar Digital Global (Paper.id) supported by Visa Indonesia presented PAPERCARD. It has various unique properties & benefits to provide convenience for customers, especially businesses in Indonesia, for digitizing payments. The growth of the BRI Credit Card business in recent years has continued to......
Banking Finance News

PayU India Empowers Rural Financial Inclusion With New Climate Finance Mechanism

PR Newswire
by PR Newswire0
PayU India is providing climate finance for projects with an installed capacity of over 390 KWp for 220 villages across India using Distributed Renewable Energy Certificates (D-RECs), accounting to a reduction in emissions from 89% of its electricity consumption As momentum for greater corporate climate action and a just transition grows, PayU has......
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).......
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