article thumbnail

Shortcomings in School Curriculum has Left Financial Education ‘Void’ in the UK, Says ClearScore

The Fintech Times

Despite financial education being added to the curriculum in 2014, the research found that 58 per cent of 18 to 24-year-olds claim they never received any education on money at school, suggesting that more needs to be done to equip schools and teachers to deliver this effectively.

article thumbnail

Indonesia’s Payfazz Raises $53M In New Round

PYMNTS

That void has drawn a number of new offerings. According to that report , 49 percent of Indonesia residents ages 15 or older had bank accounts in 2017, up from 36 percent in 2014. About 93 percent of U.S. residents in the same age group have bank accounts.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

A Novel Coating Turns Objects Into Black Voids — Here’s Why That’s A Big Deal

CB Insights

The industrial coating Vantablack debuted in 2014 and quickly caught the attention of artists and researchers. This novel composition is important because it fools the eye into seeing essentially a void. This novel composition is important because it fools the eye into seeing essentially a void. Research briefing: 3D Printing.

article thumbnail

Zuckerberg Tells Congress That Libra Fills A Global Payments Void

PYMNTS

Representative Nydia Velázquez pointed to the fact that Facebook, upon its 2014 deal to buy WhatsApp, had said it would keep the app separate from Facebook — then merged the two for data sharing. She called for a moratorium on the Libra project. Some representatives expressed concerns over data management and security.

article thumbnail

Google Pay Co-founders’ Indian Neobank Has Raised $13.2M

PYMNTS

India started building a national digital financial infrastructure when the number of Indians with bank accounts reached 53 percent in 2014, up from 35 percent in 2000. FinTech startups have been aggressive at filling the banking void. Still, roughly 20 percent of the population is unbanked, leaving about 260 million of India’s 1.3

article thumbnail

Samsung Gets $120M Apple Patent Battle Overturned

PYMNTS

overturned that earlier ruling and voided the damages. ” The main point of contention in this trial — and the same one which Apple received a favorable ruling for back in 2014 — was a “quick links” feature that allowed a mobile OS to convert files and numbers to clickable links. 26): The U.S. ”

article thumbnail

Apple Pay And A Decade Of Innovation Top Payments News This Week

PYMNTS

At the time of iPhone’s live debut in October of 2014, merchants accounting for only 19 percent of all retail sales could enable an Apple Pay transaction, only 39 percent of all iPhones could support an Apple Pay wallet and just 11 percent of all consumers owned one. Zuckerberg Tells Congress That Libra Fills A Global Payments Void.