financial inclusion

Buy Now, Pay Later Becoming a Pathway to Mainstream Banking in Mexico
Buy Now, Pay Later Becoming a Pathway to Mainstream Banking in Mexico
December 20, 2021  |  Buy Now Pay Later

Aside from the pure convenience they offer, most buy now, pay later (BNPL) operators position themselves as a way for consumers to make a payment...

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Visa: How a Global, Digital Network Can Boost Financial Inclusion
Visa: How a Global, Digital Network Can Boost Financial Inclusion
December 20, 2021  |  Cross Border Commerce

Amid the great digital shift, subsets of financial services remain challenged because of decades-old, friction-filled and fragmented processes. Ruben Salazar, global head of Visa Direct,...

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Mercado Libre Acquires POS Provider Redelcom 
Mercado Libre Acquires POS Provider Redelcom 
December 16, 2021  |  Acquisitions

The Latin American eCommerce giant Mercado Libre says it has acquired Redelcom, a Chilean payments service provider. “Mercado Libre seeks to consolidate its value proposition...

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Access to Banking Services Is Key Pillar of UK’s Financial Inclusion Agenda
Access to Banking Services Is Key Pillar of UK’s Financial Inclusion Agenda
December 13, 2021  |  Financial Inclusion

As the U.K. moves toward its recovery from the COVID-19 pandemic, a recent report by Her Majesty’s Treasury and the U.K.’s Department for Work and...

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Kenya’s Digital Banking Startup Kwara Raises $4M Seed Funding to Launch Credit Union
Kenya’s Digital Banking Startup Kwara Raises $4M Seed Funding to Launch Credit Union
December 09, 2021  |  Financial Inclusion

Digital banking startup Kwara raised $4 million in a seed funding round to further develop its neobank app in Kenya and turn traditional savings cooperatives...

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UK Takes Steps to Protect Cash, Reduce Consumer Borrowing and Support FinTech Growth
UK Takes Steps to Protect Cash, Reduce Consumer Borrowing and Support FinTech Growth
December 09, 2021  |  Financial Inclusion

A December 2021 report published by Her Majesty’s Treasury and the U.K.’s Department for Work and Pensions (DWP) has outlined measures that will help boost...

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Buy Now, Pay Later Bulks Up With New Verticals and Bigger Ticket Sizes
Buy Now, Pay Later Bulks Up With New Verticals and Bigger Ticket Sizes
December 09, 2021  |  Buy Now Pay Later

The buy now, pay later (BNPL) wave first formed around relatively inexpensive fashion and beauty goods, but industry watchers keep looking for new use cases...

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McDonald’s Launches $250M New Franchise Initiative to Drive Diversity
McDonald’s Launches $250M New Franchise Initiative to Drive Diversity
December 08, 2021  |  Financial Inclusion

McDonald’s is pledging $250 million to increase the number of minority-owned franchise proprietors in the U.S. in a move to drive diversity in the quick-service...

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Amex, Nova Credit Expands Credit Partnership to More US Immigrants
Amex, Nova Credit Expands Credit Partnership to More US Immigrants
December 07, 2021  |  Partnerships

American Express will be working with Nova Credit to offer expanded credit access to citizens of Brazil, the Dominican Republic, Kenya and Nigeria who have...

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