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News

Wells Fargo and Operation HOPE Team Up to Accelerate Financial Inclusion

New HOPE Inside centers in select Wells Fargo branches increase access to financial education and guidance.

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Citi Continues to Bolster its Focus on Financial Inclusion by Eliminating Overdraft Fees

Citi will be the only top five U.S. bank to completely eliminate these fees, representing its continued commitment as a top leader in banking to increase financial inclusion in underserved communities.

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Experian Go™ Program Will Allow Millions of Credit Invisibles to Start Building Credit in Minutes

The free program will help almost 50 million "credit invisibles,"” or people with limited or no credit history, to start building credit.

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Equifax and Georgia Tech Announce Financial Inclusion Research Partnership

Georgia Tech Financial Services Innovation Lab to leverage differentiated data assets 'only Equifax' can provide to drive new studies on access to credit and fintech entrepreneurship.

News

More U.S. Banks, Credit Unions Given Remittance Fee Exemptions

More U.S. banks and credit unions will be allowed to estimate the international remittance fees they charge consumers in instances when it may be too expensive to provide exact figures under a new rule issued on Monday.re

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Grameen America Launches Economic Relief and Recovery Fund for Low-Income, Women Small Business Owners in the Wake of COVID-19

Grameen America announced the launch of Grameen America Economic Relief and Recovery Fund, with the goal of raising $72 million to provide essential capital and support to the low-income women entrepreneurs.

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Fintech And Coronavirus: US Stimulus Payments Boosted Mobile Banking Registrations 200 Percent

Consumer use of mobile finance, banking and insurance apps jumped 71 percent in 2019. In 2020, however, they’ve gone from nice-to-have to essential.

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Contactless Payments Skyrocket Amid Coronavirus Worries Over Handling Cash

Use of contactless mobile payments — services that once struggled to catch on in the U.S. — is surging as people come to see their phones as the safer way to pay.

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Is the Coronavirus Killing Off Cash?

Tech firms see the opportunity they’ve been waiting for as shoppers and business recoil from paper money. Who’s hurt when legal tender goes away?