The person-to-person payments company Obopay Inc. has a new tool to reach the underbanked, a market it never intended to pursue. Obopay's original strategy for marketing its prepaid debit accounts ...
DreamFi is designed to meet people where they are by helping unbanked and underbanked Americans with the financial tools they ...
Jumo's AI engine assesses affordability in real time, targeting borrowers who lack conventional credit histories.
PNC Financial Services Group Inc. launched a bank account that limits fees to help consumers facing financial pressures worsened by the pandemic maintain their access to banking services. The checking ...
We were frankly shocked to learn that up to 1/3 of America's population is classified as "underbanked", yet overwhelmingly uses smartphones. When we think of underbanked, we think of certain ...
WASHINGTON — The Federal Deposit Insurance Corp. is reinstating the “underbanked” analysis to the agency’s biannual unbanked survey, according to three sources familiar with the matter. Processing ...
Forbes contributors publish independent expert analyses and insights. I’m interested in how technology shapes culture and behavior. In the last 10 years, the global retail industry has been hit by a ...
Kunal Kumar makes scores of presentations during large industry conferences as well as during small-group sessions with clients in his role as vice president and general manager of lending and ...
Martin Gruenberg, Acting Chair of the Federal Deposit Insurance Corporation, gave remarks this week to the National Association of Affordable Housing Lenders (“NAAHL”). In the speech, Acting Chair ...
U.S. private equity group Bain Capital said its recent agreement to buy Adani Capital was aimed to tap the "underbanked" segment of India's economy. In July, the Boston-based firm agreed to acquire 90 ...
The Biden administration has made it clear they oppose the potential of stablecoins. But proponents view these private digital tokens, which are backed by reserve assets such as the U.S. dollar and ...
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