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Veridium wins DFS grant to bring FS services to the unbanked

Veridium, a leader in strong authentication solutions using biometrics instead of passwords and tokens, today announced it has won a $150,000 grant from Digital Financial Services Lab (DFS), supported by the Bill and Melinda Gates Foundation, to bring universal and affordable financial services to emerging countries across the globe.

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Chynge unveils blockchain-based remittance service

Singapore-based fintech startup, Chynge has announced that it is launching an all-new decentralized remittance platform that will allow users to make instant, free and safe money transfers across borders.

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Mobile money driving financial inclusion in Sub-Saharan Africa

IFC, a member of the World Bank Group, together with the Mastercard Foundation, have released a new report today, 16 May 2018 in Nairobi, documenting the transformation underway in financial inclusion in Sub-Saharan Africa.

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MetaBank strikes deal with Curo to provide short-term credit to underbanked consumers

MetaBank; a wholly-owned subsidiary of Meta Financial Group, Inc. (NASDAQ: CASH) (“Meta”) and a leader in delivering innovative payment, community banking and financing solutions to partners throughout the country, today announced an agreement with CURO Group Holdings Corp (NYSE: CURO) (“CURO”), a leader in providing short-term credit to underbanked consumers.

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Ant Financial invests in Banladesh-based bKash

The leading mobile financial services provider of Bangladesh, bKash Limited (“bKash”) and Ant Financial Services Group (“Ant Financial”), operator of Alipay, today announced a strategic partnership to promote financial inclusion for the unbanked and underbanked communities in Bangladesh.

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Ifad and Ant Financial sign MoU on rural unbanked

The International Fund for Agricultural Development (IFAD) and Ant Financial Services Group today signed a Joint Declaration of Intent to explore ways to contribute to economic development in rural areas and the reduction of rural poverty in China and other developing countries.

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Lending app Tala targets India, fuelled by $65m in new financing

Tala, the leading global technology company committed to financial inclusion, will bring its popular consumer lending app to India.

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Fidor and IFC partner to expand digital financial inclusion in developing markets

Fidor, an innovative provider of digital banking services, today signed a Memorandum of Understanding (MOU) with IFC (International Finance Corporation), a member of the World Bank Group, to identify opportunities to expand digital banking services in Africa and Latin America to boost financial inclusion.

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NIFT and TPS to build digital banking platform in Pakistan

National Institutional Facilitation Technologies (NIFT) and TPS have entered into a strategic partnership to build a Digital Financial Services Platform in Pakistan.

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Mastercard names Raghav Prasad division president, sub-Saharan Africa

Spurred on by the company's steady growth in Sub-Saharan Africa and in line with its focus on investing in the continent, Mastercard has appointed Raghav Prasad as Division President for Sub-Saharan Africa.

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Icici Bank's 'digital village' gets top green rating

ICICI Bank, India’s largest private sector bank by consolidated assets, today announced that its digital village – Raithal has been awarded a 'Platinum' rating by the Indian Green Building Council (IGBC) making it the first digital village in the country to be certified as a ‘green village’.

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Axiom Bank partners Malauzai for app targeting underbanked

Axiom Bank, the second largest community bank in Florida, recently launched AxiomGo, an all digital checkless checking account for people who want an alternative to prepaid cards and traditional checking.

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