financial inclusion

Bank of America’s Take on Latin America’s Digital Payments Advantage
Bank of America’s Take on Latin America’s Digital Payments Advantage
January 13, 2025  |  Digital Payments

Digital payments are growing in Latin America as companies like Mercado Libre and TerraPay rapidly advance digital banking and digital wallets in the region. Central...

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MoneyLion and MrBeast Partner on $4 Million Financial Literacy Competition
MoneyLion and MrBeast Partner on $4 Million Financial Literacy Competition
December 19, 2024  |  Partnerships

MoneyLion launched a partnership with YouTube superstar Jimmy Donaldson, better known as “MrBeast.” The FinTech is partnering on “Beast Games,” a new competition series by...

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Upbound to Add Financial Wellness Solutions With Brigit Acquisition
Upbound to Add Financial Wellness Solutions With Brigit Acquisition
December 13, 2024  |  Acquisitions

Upbound Group, the owner of the Rent-A-Center and Acima brands, agreed to acquire financial health technology company Brigit for up to $460 million. The planned...

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Only 4% of US Households Are Unbanked
Only 4% of US Households Are Unbanked
November 12, 2024  |  Consumer Insights

The percentage of households in the United States that are unbanked declined to a record low in 2023. At 4.2% of U.S. households, or 5.6...

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CEO Interview: Pay-as-You-Go Options Help LatAm Consumers Battle ‘Prepaid Fatigue’
CEO Interview: Pay-as-You-Go Options Help LatAm Consumers Battle ‘Prepaid Fatigue’
November 11, 2024  |  Mobile Wallets

In Latin America, where many consumers are unbanked or underbanked, roughly three-quarters of consumers don’t have credit cards, so prepaid cards are widely used to...

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Visa Invests in Four African FinTech Startups From Accelerator Program
Visa Invests in Four African FinTech Startups From Accelerator Program
November 06, 2024  |  VISA

Visa is injecting fresh funding into four startups that graduated from the first batch of its Visa Africa Fintech Accelerator program. The investments highlight Visa’s...

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Democratizing Payments: How Payment Hubs Fuel Innovation for Smaller Banks
Democratizing Payments: How Payment Hubs Fuel Innovation for Smaller Banks
October 28, 2024  |  Payments Innovation

Keeping pace with innovation can be daunting. For small- to mid-sized banks, credit unions and FinTechs, implementing the latest money movement integrations like real-time payments...

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Embedded Finance Finds New Use Cases From Gig Economy to Nonprofits
Embedded Finance Finds New Use Cases From Gig Economy to Nonprofits
October 25, 2024  |  Payments Innovation

As we head into the fourth quarter of arguably the most innovative year in payments since the pandemic, the liberation of capital is emerging as...

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Visa, USAID Partner to Aid Financial Inclusion, Digital Government Services Delivery
Visa, USAID Partner to Aid Financial Inclusion, Digital Government Services Delivery
October 24, 2024  |  Partnerships

The great digital shift continues. For the next five years, Visa and the United States Agency for International Development (USAID) will be working together to...

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