Finextra

JUNE 18, 2025

Their mission to provide secure, user-friendly banking solutions for underserved communities aligns perfectly with our vision for modern financial crime controls.

AML

The Payments Association

MARCH 18, 2025

Unlike open bankings regulatory-driven origins, open finance is advancing through a mix of policy frameworks and market-led initiativesdriving divergent adoption curves that are reshaping competitive dynamics globally. For payments leaders, the implications are profound. Fraud detection and risk management are also evolving.

Finance

M2P Fintech

MARCH 24, 2025

AI is poised to revolutionize loan origination. Alternative Lending: Expanding Access to Credit Alternative lending platforms are revolutionizing access to credit, offering a vital lifeline for borrowers underserved by traditional institutions. “One-click” loans become reality through instant credit assessments.

Payment APIs and Integration

The Fintech Times

JUNE 12, 2025

Launched in 2019, LoanTube is a UK-based digital credit marketplace that connects underserved borrowers with FCA-regulated lenders, offering real-rate comparisons and transparent eligibility decisions in real time. For me and my co-founder Gurprit, it’s about leaving the world a little better than we originally found it.

Non-Bank

The Fintech Times

APRIL 22, 2024

Codebase Technologies , a UAE-based fintech platform provider, has launched its ‘Digibanc SME Financing’ platform to address the needs of underserved Micro, small, and medium-sized enterprises (MSMEs) across MENA and APAC.

Underserved

Finovate

MAY 10, 2024

Experian launched Cashflow Attributes, a tool to offer lenders more data about underserved consumers. Information services company Experian unveiled Cashflow Attributes yesterday, a new solution that leverages open banking to help underserved consumers access fair and affordable credit.

Underserved

PYMNTS

JANUARY 17, 2020

The product is distinct from Blue Origin LLC, which is Bezos’ space launch vehicle maker. Our business goal is to help those who are underserved or underprivileged (when it comes to internet access). communities. Expensive Cities. The company said in its FCC filing that it will help serve communities in the U.S. “by

Underserved

PYMNTS

MARCH 19, 2020

Square Financial Services will originate commercial loans to the retailers that use Square for payments. The Federal Deposit Insurance Corporation ( FDIC ) gave the green light to an application from the FinTech firm Square to create a de novo industrial bank in Utah, the agency said on Wednesday (March 18).

FDIC

The Fintech Times

SEPTEMBER 27, 2024

Despite its political unrest and economic challenges, Myanmar has shown significant progress in the fintech sector, bringing financial services to underserved populations. Wave Money’s 58,000 agents, most of whom are women, play a crucial role in extending services to these underserved regions.

Financial Inclusion

The Fintech Times

OCTOBER 1, 2024

Having originally launched in Mexico in February 2024, inDrive Money improves financial inclusion for gig economy workers. This is particularly impactful as freelancers have traditionally been underserved in Latin America, and Colombia is no different. This will depend on their activity on the inDrive app.

Financial Inclusion

PYMNTS

MAY 8, 2020

The 40-page report issued on Friday (May 8) by the SBA Inspector General found the SBA did not inform lenders the measure was to prioritize underserved communities for the PPP under the $2.2 If you take a look at the original announcements, they are so clear. trillion CARES Act stimulus package. “We

Underserved

Wharton Fintech

DECEMBER 6, 2023

link] Key takeaways from our discussion: How digital technologies and fintechs have unleashed innovation in commercial banking SMEs are potentially the largest underserved category in financial services globally because the complexities of running a business and the distraction of financial services to running that business are really significant.

Underserved

PYMNTS

OCTOBER 19, 2020

The [SMB] market is underserved and highly fragmented and still does not have easy access to capital from the traditional lenders,” So said. To address this problem, Flowcast has just launched its Tillful platform, which it says will level the playing field for SMEs by helping them boost credit scores needed to qualify for loans.

AI

PYMNTS

NOVEMBER 6, 2020

By reducing complexity, we can leverage the technology efficiencies we have to deliver financial solutions to traditionally underserved and underrepresented consumers, driving real financial inclusion.”. I look forward to working with the OCC as we move forward on this journey.”.

Blockchain

PYMNTS

NOVEMBER 3, 2020

These needs are underserved by brick and mortar channels of the financial system because of the lack of reach and customer insights in the process of underwriting risk, for example in the case of a micro-loan or small-claims insurance.”. The total credit balances originated at the end of June period and fiscal year stood at 1.7

NOV

Fintech News

OCTOBER 28, 2024

The APIs has not only helped platform partners unlock new revenue opportunities, more importantly, it has allowed ANEXT Bank to engage and enable the ecosystem of partners to accelerate and scale financial inclusion for unserved and underserved MSMEs.

AI

FICO

OCTOBER 22, 2020

Home Credit Group , which lends to underserved customers with little or no credit history, has chosen FICO® Decision Optimizer , part of the FICO® Platform , to further improve its lending offers in multiple markets.

AI

PYMNTS

JULY 15, 2019

In the specific case of the Xoom services, we saw that it was a market segment that was materially underserved, for whom there had not been appropriate, meaningful innovation.”. The Monday announcement comes as 80 percent of the company’s transactions originate (to send) on a mobile platform.

PayPal

PYMNTS

MARCH 6, 2020

The Accion Quona Inclusion Fund originally had a goal of raising $150 million. We focus on scale-up stage financial technology companies that are expanding access to financial services for underserved consumers and small businesses,” said Rengaswamy. to Gojek in January of 201 and the IPO of B2B eCommerce company IndiaMart last year.

FinTech

PYMNTS

MAY 28, 2020

SMBs have said the original PPP legislation, which required most of the loan to be used for payroll, didn’t make sense, as many needed money for rent and other expenses brought on by COVID-19. The mission of CDFIs is to lend to low-income borrowers and other groups that are often underserved by traditional lenders. “We

Rules

Fintech Finance

AUGUST 1, 2024

Our mission is to create a door to the world so community banks can access banks and authorize transfers no matter where payments originate,” notes Isabel Cruz, CEO of AMUCCS and Chairwoman of the People’s Clearinghouse. financial institutions to invest in building infrastructure for rural banks. “We

Cross-Border Payments

PYMNTS

NOVEMBER 23, 2020

He pointed to brands and merchants like Dunkin and Dollar General, marked by underserved populations that could benefit by better economics than has been seen with prepaid cards or payday lending. Figure Pay, he said, debuts in January in Missoula, Montana, and then will see a broader rollout through the quarter. “As

Financial Inclusion

PYMNTS

FEBRUARY 12, 2019

Metabank provides financial solutions to customers and businesses in what it considers niche and underserved markets, with a belief in financial inclusion for everyone. The Metabank payments platform also includes wire transfers, ACH origination and other payment services.

Faster Payments

The Fintech Times

NOVEMBER 13, 2024

DigMo , which is licensed by the Bank of Zambia to operate a wallet, plans to support underserved users by providing access to engaging products with incentives. Save to Win is based on the concept of Premium Bonds, originally introduced in the UK by then-Chancellor of the Exchequer, who later became Prime Minister, Harold Macmillan.

Accounts

FICO

OCTOBER 22, 2020

Home Credit Group , which lends to underserved customers with little or no credit history, has chosen FICO® Decision Optimizer , part of the FICO® Platform , to further improve its lending offers in multiple markets.

AI

Finezza

APRIL 23, 2025

In 2022, around 160 million people in India were credit-underserved. One reason for this is the overreliance on traditional scoring models, which typically consider parameters such as payment history, debt-to-income ratio, and length of credit.

Credit Risk

Finezza

APRIL 23, 2025

In 2022, around 160 million people in India were credit-underserved. One reason for this is the overreliance on traditional scoring models, which typically consider parameters such as payment history, debt-to-income ratio, and length of credit.

Credit Risk

The Fintech Times

JANUARY 31, 2024

To further identify how these benefits advance credit education and enable financial inclusion, the study used depersonalised credit data to analyse these outcomes for key consumer credit segments: new-to-credit, underserved, and credit-served consumers.

Checks

M2P Fintech

NOVEMBER 12, 2024

Fortunately, digital lending platforms, particularly those equipped with Loan Origination Systems (LOS) and Loan Management Systems (LMS), have reshaped the industry by automating the entire lending process to deliver quick, accurate, and seamless experiences. These innovative operating models are essential for advancing financial inclusion.

Financial Inclusion

The Fintech Times

MAY 10, 2024

Backing SMEs across the UK Leveraging British Business Investments’ support, Beechbrook continues to provide essential financial capital to the underserved smaller business segment of the lower mid-market. Since 2008, Beechbrook has invested over £500million in 70 SMEs across the UK.

Underserved

Fintech Review

JULY 16, 2024

The concept of open banking originated from regulatory initiatives aimed at increasing competition and consumer choice in the financial sector. Fintech firms can develop services for underserved populations, such as individuals without access to traditional banking services. It also promotes financial inclusion.

Innovation

PYMNTS

FEBRUARY 11, 2019

“If you’re a lender who wants to get serious about commercial lending to small and medium-[sized] growth businesses [SMBs], we can help you originate and underwrite deals faster and more efficiently, as well as maintain a clearer view of how each business in your portfolio is performing. If you’re a growth business in either the U.K.

Underserved

PYMNTS

NOVEMBER 8, 2018

Too many consumer demographics are underserved by the food and beverage products currently on the market.”. In 2010, he developed an AI tea tool that did better than expert taste testers when placing the origin of specific teas.

AI

Fintech News

JUNE 4, 2025

With a very clear mandate to serve the underserved, we have the natural appetite to try and test,” Pei-Si Lai, Group CEO of GXS Bank clarified. Pei-Si believes this type of contextual underwriting is key to unlocking access for underserved users, calling it a true example of credit innovation in action.

Underserved

PYMNTS

MARCH 21, 2019

The money from the issuance will allow for 32,561 credit-building loans to what the company calls underserved and underbanked communities. By seeing borrowers as more than their credit score, Aura is setting the standard for responsible small balance loan origination.”.

Underserved

PYMNTS

JULY 16, 2019

Last year, Lendbuzz’s loan origination grew 320 percent, and the company increased its dealership network across the United States to include key markets, including California and Florida. credit history to help them secure financing for auto loans. “This is a significant step forward for Lendbuzz.

Finance

PYMNTS

APRIL 26, 2018

There was a lot going on during PayPal ’s quarterly earnings report yesterday (April 25), as the original “Pay” player managed to beat analyst expectations nearly across the board and even forecast a better-than-expected result for the rest of the year. That means, according to Schulman, being a better cooperator in the U.S.

Financial Inclusion