FDITECH Sprint attracts AWS, Google and fintechs to solve financial system challenges
The Federal Deposit Insurance Commission (FDIC) recently made available the demos of its first FDITECH Sprint, a contest held in ...
Tag: unbanked
BNPL helps reach the unbanked in Mexico
While buy now pay later (BNPL) transactions in the U.S. are expected to expand in coming years, Mexico is well ...
Listen: Startup seeks to leverage AI, automation to reach unbanked population
In this episode of “The Buzz,” Bank Automation News speaks to Alok Prasad, CEO of startup CashRepublic, about using automation ...
Neobank Welcome Tech taps API provider Atomic to extend banking services to underserved customers
Financial services platform Welcome Technologies announced Wednesday it is teaming up with direct deposit API firm Atomic to extend its ...
Cash Is Still King
There are between 60 million and 100 million cash-preferring consumers in the U.S. That’s about the population of the nation’s ...
Underbanked Customers Use Mobile Banking — Maybe Too Much
Mobile banking is not just for the wealthy -- far from it. A report from the Federal Deposit Insurance Corporation ...
MasterCard Partners with Startup EFL — But Doesn’t Take an Equity Stake
MasterCard announced a partnership with alternative scoring startup Entrepreneurial Finance Labs (EFL) earlier this week. The deal did not involve ...
Opportunity with the Underbanked for FIs
WASHINGTON, D.C. -- Equifax and Chexar see opportunity for FIs among the underbanked. Credit-reporting agency Equifax introduced a new product ...
When the Affluent Become the Unbanked
Concern about those who have been left behind in receiving financial services (“the unbanked” and “the underbanked” ) have been ...
SAP’s Richest Sector? (Hint: Banking)
With SAP celebrating the big 4-0 this year, one of the world's largest enterprise software providers received a wonderful birthday ...
