financial inclusion

Banks Offer Promos to Retain Depositors Following SVB Crisis
Banks Offer Promos to Retain Depositors Following SVB Crisis
April 06, 2023  |  Banking

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...

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FinFit and Salary Finance Merge and Integrate Financial Wellness Offerings
FinFit and Salary Finance Merge and Integrate Financial Wellness Offerings
April 05, 2023  |  Partnerships / Acquisitions

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...

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Cross River and FinClusive Partner on Compliance-Driven Financial Services
Cross River and FinClusive Partner on Compliance-Driven Financial Services
March 31, 2023  |  Partnerships

Cross River and FinClusive have partnered to deliver financial services to underserved communities. Working together, Cross River’s embedded finance solutions and FinClusive’s Compliance-as-a-Service (CaaS) infrastructure...

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Billions of People and Trillions of Transactions Define the PayFac Opportunity in Emerging Markets
Billions of People and Trillions of Transactions Define the PayFac Opportunity in Emerging Markets
March 29, 2023  |  Payment Methods

Forging a 21st century commerce ecosystem on a global scale means changing consumer behavior, and merchant mindsets, particularly in markets where digital remains a small...

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KreditBee Teams With PayU to Offer Cardless Installment Payments
KreditBee Teams With PayU to Offer Cardless Installment Payments
March 22, 2023  |  Payment Methods

Indian lender KreditBee has teamed with PayU to let consumers pay for purchases in installments. The partnership, announced Wednesday (March 22), lets PayU merchants work...

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Financial Wellness Tools Get Second Look as Consumers Drain Their Savings
Financial Wellness Tools Get Second Look as Consumers Drain Their Savings
March 21, 2023  |  Financial Inclusion

Budget-focused FinTechs and innovative financial institutions (FIs) may have a golden opportunity to meet consumer need. The Federal Reserve released its latest monthly snapshot of...

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Pinwheel Debuts Tool to Increase Direct Deposit Use
Pinwheel Debuts Tool to Increase Direct Deposit Use
March 20, 2023  |  Banking

Income and employment data platform Pinwheel is upgrading its direct deposit offering. The company announced in a Monday (March 20) press release the launch of...

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Credable Raises $2.5 Million to Expand Digital Banking Platform
Credable Raises $2.5 Million to Expand Digital Banking Platform
March 20, 2023  |  Investments

Digital banking platform Credable wants to reach new markets after raising $2.5 million. The seed funding round, reported Monday (March 20) by TechCrunch, will help...

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Visa Says Adoption of Open-Loop Transit Payments Is at a Tipping Point Worldwide
Visa Says Adoption of Open-Loop Transit Payments Is at a Tipping Point Worldwide
March 17, 2023  |  Transportation

As transit systems move away from legacy payment methods like pay-as-you-go passes and toward contactless open-loop payments, it’s creating new commerce possibilities that not only...

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