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US Faster Payments Council report on digital assets and financial inclusion

The US Faster Payments Council (FPC), a membership organization devoted to advancing safe, easy-to-use faster payments in the United States, today announced the publication of a new industry report, Digital Assets and Digital Ledger Technology: A Pathway to Financial Inclusiveness.

/inclusion

Lendela partners with Revive Financial for debt solutions in Australia

Lendela, Australia’s dominant loan matching platform, today announced a strategic partnership with Revive Financial, Australia’s largest debt relief and management firm. The collaboration aims to empower Australians who struggle to secure loans due to financial distress by offering them tailored debt solutions to regain financial stability.

/inclusion

DolFinTech and Green Dot team up

DolFinTech, one of the largest privately held money transfer companies serving outbound remittance markets in the U.S., Canada and Spain, with more than 20 destination countries, today announced a new partnership with Green Dot Corporation (NYSE: GDOT) to expand its product suite with a new direct deposit (“DDA”) account powered by Green Dot’s embedded finance platform and suite of services, Arc by Green Dot.

/inclusion

GSB launches its new digital lending platform from Mambu for underserved Thai citizens

Today, Mambu announces the success of its partnership with Money DD, a subsidiary of the Government Savings Bank (GSB) of Thailand.

/inclusion

Project Nemo and Fintech Fringe launch innovation challenge

Project Nemo, in collaboration with Fintech Fringe and The Payments Association, is launching its first challenge to address financial exclusion for adults with learning disabilities.

/inclusion

UK employees lose £690 million annually in unclaimed and unpaid expenses

New independent research from embedded finance specialist Weavr, conducted via Censuswide, found that employees lose an estimated £690 million annually in unclaimed and unpaid expenses in the UK alone. Surveying over 500 office workers in the UK, Weavr learned that 81% of respondents had been left out of pocket by their employer for longer than a month, leading to financial and mental health concerns.

/inclusion

The Payments Association urges the House of Commons to address financial exclusion

The Payments Association, a trade group representing the payments sector, yesterday presented the policy recommendations that were proposed in its white paper to the House of Commons.

/inclusion

Netbank teams with Discovery Credit Solutions to streamline loan management

Netbank, a Rural Bank Inc., has partnered with Discovery Credit Solutions Corp (DCSC) to introduce a cutting-edge financial service solution designed to streamline loan management and improve financial access for underserved communities.

/inclusion

International Financial Corporation closes $20 million investment in Zepz

Zepz, the Group powering global remittance brands WorldRemit and Sendwave, has announced that the International Finance Corporation (IFC), a member of the World Bank Group, has closed its $20 million equity investment in the company.

/inclusion

Shariah-compliant ethical bank Gatehouse Bank launches community sports fund

Gatehouse Bank has announced the launch of a community sports fund which aims to support local, grassroots sports teams.

/inclusion

23% of LGBTQ+ talent not comfortable being 'out' at work in financial services

Four in 10 (40%) Gen Z LGBTQ+ professionals believe leaders in the financial services industry are ineffective at being allies to the LGBTQ+ community, finds a new report from LGBT Great. This issue is likely to intensify as Gen Z, the most diverse generation to enter the workforce—with 17% of global respondents identifying as LGBTQ+1—continues to shape the future of work.

/inclusion

Gatehouse Bank and ColCap collaborate to provide Shariah-compliant home finance

Gatehouse Bank plc has today announced a new partnership with ColCap Financial UK Limited.

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