Financial Inclusion

Financial Inclusion
Mozido Names Former MasterCard Exec As President Global Markets
January 28, 2015

Cloud platform mobile payments and retail engagement solutions provider Mozido recently announced in a release that it has named Ron Hynes, former executive VP of global prepaid solutions at MasterCard Worldwide, as President Global Markets.

Ripple Labs Circling $30M in Funding
January 27, 2015

Ripple Labs, the developer of a Bitcoin-like technology that enables banks to transfer money internationally, is finalizing a $30 million funding round. A spokesman for Ripple — formerly called OpenCoin — confirmed that the San Francisco-based startup is working on a new financing arrangement but...

MasterCard Talks Inclusive Growth At World Economic Forum
January 21, 2015

This year, the World Economic Forum’s Annual Meeting, which begins today, hones in on political, economic, social and technological transformations and how they’ve impacted decision-making and progress across the world. To discuss how these advancements in technology are offering potential for economic growth and productivity,...

Date-Backed Lending, Discrimination And The Future Of Financing
January 19, 2015

Lending standards as we understand them today tend to reflect a verdict about our past spending history.  In the future,  lending standards may be more tied to the things we are doing right now. Even if those things  – like only using capital letters when...

T-Mobile’s Consumer Tax Filing Bonus
January 15, 2015

In a push to get customer dollars deposited on their pre-paid product, T-Mobile CEO John Legere used Twitter to announce that customers who elect to have their income tax refund directly deposited to their T-Mobile Visa Prepaid Card will get a $20 credit.  The Mobile Money tax...

Financial Inclusion
Startup Offers ‘Paycheck Insurance’
January 13, 2015

As banks and nonbanks look for alternatives to payday loans, financial-management startup Even is working on a novel way for people whose incomes vary to pay their bills during lean times, according to American Banker. Even’s service, which is currently in invitation-only pilot mode and...

Giving Goes Mobile
December 22, 2014

Deck the halls, light the menorah, prepare the feast of karamu, shop ’til you drop, then ring in the new year. Wait, something is missing. That’s right, donate to charity, then countdown to 2015. In the past, the season of kindness and giving was also...

New York Chief Regulator Cuts Bitcoin Startups Some Slack
December 19, 2014

Unveiling a series of proposed new virtual currency regulations for New York state—which will likely be copied by other states and potentially federal regulators as well—Benjamin M. Lawsky, the superintendent of the New York State Department Of Financial Services, said that virtual currency startups need...

Mozido Acquires CorFire
December 18, 2014

America’s greatest musical treasure Elvis Presley once sang that what he needed was “a little less conversation, a little more action,” a motto that the team at Mozido seems to have taken to heart. In a year-ending surprise, the Austin-based cloud platform mobile payments and...