Articles with tag: underbanked

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Jack Henry joins ABA to assist bankers promote financial inclusion

News | Payments General | 21 Oct 2020

Jack Henry & Associates, a provider of technology solutions and payment processing services primarily for the financial services industry, has become part of an American Bankers Association (ABA) initiative.

Jack Henry & Associates, American Bankers Association, ABA, US, partnership, unbanked, financial inclusion, banking, underbanked

SEON, Sun Finance to explore how consumer risk changed during the pandemic in emerging markets

News | Digital Identity, Security & Online Fraud | 20 Oct 2020

SEON has teamed up with Sun Finance, an Europe-based online lender working with unbanked and underbanked customers to discuss how consumer risk shifted during the pandemic.

SEON, Sun Finance, unbanked, underbanked, fraud, risk management, COVID-19

ACI Worldwide drives payments transformation for ACS, a division of Altron

News | Online Payments | 04 Aug 2020

ACI Worldwide has announced that Altech Card Solutions (ACS), a division of Altron, is utilizing ACI’s UP Retail Payments to serve its multi-national retail customers across Africa.

ACI Worldwide, Altech Card Solutions, ACS, Altron, ACI UP Retail Payments, retail, Universal Payments Framework, alternative payments, alternative payment methods, QR, POS, merchants, digital payments, underbanked

Malaysia-based MFMi Group, Mambu to launch cloud-based digital Islamic financial services

News | Online & Mobile Banking | 08 Jul 2020

MFMi Group, part of Malaysia-based fintech MFM Synergy, has announced it has chosen Mambu’s SaaS cloud-native banking platform to roll out digital Islamic financial services. 

MFMi Group, Mambu, MFM Synergy, cloud, digital Islamic financial services, SaaS, cloud-based, cloud-native, Malaysia, banking platform, digital Sharia Compliance, MFM Tawreeq, Islamic digital wallet, digitisation, financial services, underbanked

Indian micro-lending startup SmartCoin receives USD 7 million funding

News | Payments General | 25 Mar 2020

SmartCoin, an app-based consumer lending startup, has received over USD 7 million in Series A funding from LGT Lightstone Aspada and existing investors Unicorn India Ventures and Accion Venture Lab.

funding, India, micro loans, banking, AI, ML, AML, opening accounts, underbanked

Juvo, DOCOMO Digital join forces for mobile commerce

News | Ecommerce | 15 Nov 2019

Financial identities for the underbanked pioneer Juvo  has revealed a strategic partnership with DOCOMO Digital, the mobile commerce enabler.

Juvo, DOCOMO Digital, partnership, mobile commerce, credit, financial identity, payments, merchants, underbanked, markets, ecommerce

Juvo releases Financial Identity as a Service for 3.9 billion underbanked consumers

News | Payments General | 24 Sep 2019

Juvo, a financial identity provider for the underbanked, has unveiled Financial Identity as a Service (FiDaaS).

Juvo, credit score, payments, financial Inclusion, underbanked, financial identity, US, MNO

Amazon launches lending program for underbanked users

News | Cards | 11 Jun 2019

The ecommerce company Amazon has revealed a partnership with publicly traded bank Synchrony Financial to launch ‘Amazon Credit Builder.’

Amazon, launch, credit card, underbanked, Synchrony Financial, trade, bank, credit card, loyalty cards, financial services, building cards, cash, cards

2.07 bln consumers to use a mobile wallet to make purchases in 2019

News | Payments General | 28 Mar 2019

GATE has released its Mobile Wallet Trends Annual Report, highlighting trends of mobile wallet and mobile payment usage across global markets.

GATE, report, mobile wallet, mobile payment, underbanked population, mobile phone, global markets

ICICI, Axis, HDFC Bank, and more to launch blockchain-linked funding for SMEs

News | E-invoicing, SCF & E-procurement | 29 Jan 2019

A group of 11 banks have planned to launch India`s first blockchain-linked funding for small and medium enterprises (SMEs).

ICICI Bank, Kotak Mahindra Bank, Axis Bank, HDFC Bank, RBL Bank, Yes Bank, Standard Chartered Bank, South Indian Bank, blockchain, SME, funding, India, banks, SCF, underbanked, credit

CredoLab and GoBear unveil credit solution for underbanked

News | Payments General | 07 Nov 2018

Alternative credit scoring provider CredoLab has partnered with personal finance comparison site GoBear to make it easier for the underbanked to get access to credit.

CredoLab, GoBear, credit, underbanked, artificial intelligence, lending