Latest Financial inclusion News: Finextra Research

UK banks commit to free access to cash

The UK banking industry is promising to work with local communities to ensure that Brits continue to have free access to cash as the country drifts towards a digital economy.

12 June 2019

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S Korea bemoans slow pace of its fintech market

An immature ecosystem and a lack of competition is slowing down South Korea's fledgling fintech industry according to the country's financial regulator

07 June 2019

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Mega M&As fuel record growth in fintech deals

A flurry of large M&A deals and the popularity of contactless payments have helped to create a record volume of fintech deals, according to a recent report, but also raised fears that the market may be overcrowded and reaching peak status.

06 June 2019

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Money 20/20 Europe 2019 Q&A: ING’s Benoît Legrand

Benoît Legrand, chief innovation officer at ING, graced the stage at Money 20/20 Europe in Amsterdam to discuss how the Dutch bank has developed and deployed its own innovation methodology. Ahead of the session, Finextra spoke to Legrand about post-Brexit Amsterdam, where ideas for innovation comes from and what platforms actually are.

05 June 2019

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UK fintech growth programme invites applications

The UK government-backed Tech Nation is inviting applications for the second cohort of its fintech growth programme, which promises to give members intensive backing to help grow their businesses and the country's financial technology ecosystem.

05 June 2019

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WorldRemit nets $175m in latest financing round

UK-based mobile payments firm WorldRemit has raised $175m in a series D funding round that it says will be used to launch a new payments business aimed at the small and medium enterprises (SME) sector.

03 June 2019

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RBS to host Edinburgh financial inclusion hackathon

Royal Bank of Scotland is joining forces with Innovate Finance and Founders of the Future to run a 48-hour hackathon in Edinburgh focused on technology that helps bank the unbanked.

31 May 2019

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JPMorgan Chase pledges $125m to fintech-focused financial health initiatives

JPMorgan Chase will give $125 million over the next five years to non-profits working around the world to improve the financial health of underserved communities, focusing on the use of fintech tools to help people save, boost their credit and reduce debt.

16 May 2019

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Mastercard trials biometric cards in Mexico

Mastercard is teaming up with prepaid specialist Edenred and the Mexican state of Sonora to trial the use of cards with embedded fingerprint sensors for benefit programme disbursement.

07 May 2019

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Cross-border payments startup Thunes raises $10m

Thunes, a Singapore-based cross-border payments network for emerging economies, has raised $10 million in a Series A funding round led by GGV Capital.

06 May 2019

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Tencent invests in Argentine mobile banking startup Uala

Chinese Internet powerhouse Tencent has made another investment in the Latin American fintech scene, buying a stake in Argentine mobile banking firm Uala.

24 April 2019

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Nationwide partners fintechs to build apps that help financially vulnerable

Nationwide Building Society has picked seven fintech startups to take part in its £3 million challenge to develop Open Banking-based apps and services that help financial vulnerable people.

23 April 2019

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