financial inclusion

Latino-Focused Lender Oportun Scraps Bank Charter After CFPB Probe
Latino-Focused Lender Oportun Scraps Bank Charter After CFPB Probe
October 11, 2021  |  Loans

Oportun, a specialist in low- to moderate-income lending, which services many Latinos, has withdrawn its application for a bank charter. The withdrawal was voluntary, and...

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Emerging Technologies Have a Place in the Market, But Financial Inclusion in Africa Should Continue to Be Explored
Emerging Technologies Have a Place in the Market, But Financial Inclusion in Africa Should Continue...
October 05, 2021  |  Financial Inclusion

Conventional wisdom holds that one must learn to walk before running. So, when more than half of your population (57%, according to data from U.K.-based...

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USPS Debuts Paycheck-Cashing Services
USPS Debuts Paycheck-Cashing Services
October 04, 2021  |  Financial Inclusion

The U.S. Postal Service rolled out a paycheck-cashing service at a few post offices on the East Coast in September, according to a Monday (Oct....

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Inside Revolut: 5 Banking and Payments Products Linked To UK’s Most Valuable FinTech
Inside Revolut: 5 Banking and Payments Products Linked To UK’s Most Valuable FinTech
September 29, 2021  |  Digital-First Banking

What started six years ago as a pre-paid debit card making it easy for customers to use their debit card anywhere in the world, in...

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Alt Data Sources Key to Improving Loan Access for the Financially Invisible
Alt Data Sources Key to Improving Loan Access for the Financially Invisible
September 27, 2021  |  Financial Inclusion

The problem of financial inclusion is an acute one in the United States. The Office of the Comptroller of the Currency has said that nearly...

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Pakistan’s TAG Raises $12M in Seed Funding Round 
Pakistan’s TAG Raises $12M in Seed Funding Round 
September 22, 2021  |  Investments

Seeking to leverage the growing popularity of digital payments triggered by the pandemic, Pakistani FinTech startup TAG has raised $12 million and reached a valuation...

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Visa Backs Arab FinTech Forum Set to Address Financial Inclusion
Visa Backs Arab FinTech Forum Set to Address Financial Inclusion
September 20, 2021  |  International

Global payments processing giant Visa will be partnering with the first edition of the Arab Fintech Forum on Oct. 10 in Qatar, The FinTech Times...

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FDIC to Unveil Bank Fund to Invest in Underserved Communities
FDIC to Unveil Bank Fund to Invest in Underserved Communities
September 15, 2021  |  Investments

The Federal Deposit Insurance Corp. plans to unveil a new investment fund to give stakeholders a way to channel capital for banks and support minorities,...

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Grow Credit Raises $106M, Targets Financial Inclusion Via Subscription Model
Grow Credit Raises $106M, Targets Financial Inclusion Via Subscription Model
September 15, 2021  |  Investments

Grow Credit, which is a Black-owned financial platform for credit building, has raised $106.3 million in a seed funding round, according to a press release....

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