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 ...
Tag: Underbanked
Aite’s Parrish: Lenders should align incentives with consumers’ best interests
Banks and fintechs alike are figuring out new ways to reach underbanked consumers. Leslie Parrish, senior analyst with Aite Group's ...
Amazon launches secured card for underbanked customers
Amazon has added a secured credit card to its suite of financial services offerings today, the latest effort to entice ...
Can Fintech Pave a Way for Financial Inclusion?
Federal Reserve Governor Lael Brainard addressed barriers to financial inclusion at a conference hosted by the Boston Fed and the ...
Cashless Businesses May Mean Trouble for the Underbanked
The #cashless movement is growing in cities like New York and San Francisco, where, paradoxically, a number of businesses remain ...
Startup Deserve Gets $12 Million, Launches Credit Card
EXCLUSIVE - Add another credit card catering to the “credit-invisible” younger generation. That card is called Deserve Pro. Based in ...
Amazon Launches Cash ‘Top Up’ Service for U.K.’s Underbanked
For the approximately 1.5 million underbanked consumers in the United Kingdom, cash is still king, a fact e-commerce giant Amazon ...
Despite Financial Literacy Push, the Underbanked Are Still Underbanked
The rise of fintech startups and financial services companies espousing financial literacy programs, good financial health practices, and budgeting tools ...
The Fintech Threat Is Real
It may come as a surprise to many of us that consumers are generally satisfied with their banking relationships. However, ...
The Rise of the Overbanked [INFOGRAPHIC]
We've all heard of the underbanked, though the term has somewhat fallen out of fashion since the underbanked usually have ...
