A company looking to bring financial solvency to others has gotten a boost of its own. Consumer finance technology company Kreditech announced yesterday (Sept. 28) that it has raised $92 million in Series C financing. Based in Germany, Kreditech is in the business of creating...
You want to build out financial inclusion in developing countries? Solve a problem first. David Luther, CMO & EVP of Business Development at Mozido, discusses with MPD CEO Karen Webster how that strategy breeds both results and opportunity.
Financial services technology company PayNearMe is partnering with 7-Eleven to bring a new domestic bill payment service to consumers across the U.S. The company announced yesterday (Sept. 22) that its PayNearMe Bill Pay app will allow consumers to use a barcode scan at participating 7-Eleven...
While some may see checks as a payment method of the past, it doesn’t change the fact that each year nearly $25 trillion worth of value is exchanged via the traditional “promise to pay.” But Ingo Money is a payments player that seeks to turn...
For SMB service providers like PayPal, Square and Intuit, a clear vision into your partner’s cash flow comes part and parcel with the job. And, as all three firms have shown in recent months, that data comes preloaded with the potential for building out additional...
Alternative lending is such a part of the mainstream that it’s easy to forget just how fast it has gotten so big. A decade ago it almost didn’t exist – today it’s billions of dollars in loan volume to tens of millions of consumers...
Which end of a global remittance transaction — the sender or the recipient — should be the top priority if the focus is to improve financial inclusion? Nirnay Sinha, Global VP for Mobile & Emerging Payments at Mozido, tells MPD CEO Karen Webster that the...
Disaster-affected communities are left vulnerable in more ways than one. But a new initiative is aiming to enhance disaster relief efforts with the use of electronic payments. Scott Salmon, General Manager, International at i2c sat down with MPD CEO Karen Webster to discuss the importance...
A recent survey by the American Bankers Association found that two in five Americans (roughly 39 percent) use a mobile device to access and manage their bank account at least once a month, with 45 percent reporting using mobile banking in general. “It’s no surprise that...
