The move to ban cash withdrawals from government accounts in Nigeria in an attempt to digitize its economy has been a “massive hindrance” to the...
The traditional ways and means of scoring credit risk — and extending credit — are leaving significant swaths of consumers disenfranchised. And it’s the emergence...
After years of advocacy, open banking is now live in Nigeria, the first country in sub-Saharan Africa to adopt the regulation. The launch marks an...
It’s unlikely that the benefits of a central bank digital currency (CBDC) would be greater than the potential risks. So said Federal Reserve Governor Michelle...
New York’s financial regulator is expanding its program to provide banking access to underserved customers. The New York Department of Financial Services (NYDFS) announced Thursday...
Instant disbursements adoption set new records in 2022 — except in lending, where two-thirds of FinTech FI customers would eagerly pay extra for instant disbursements....
Compared to other African markets which have high levels of unbanked populations, more than 80% of South Africa’s population has access to a bank account....
American lenders are offering promotions to attract customers after the banking crisis scared off depositors. Banks have begun offering signing bonuses for customers who start...
FinFit and Salary Finance U.S. have merged and will integrate their financial wellness employee benefits. The combined organization will operate under the FinFit brand. Its...