Wells Fargo launches Banking Inclusion Initiative to accelerate unbanked households’ access to affordable transactional accounts

Wells Fargo launches Banking Inclusion Initiative to accelerate unbanked households’ access to affordable transactional accounts

New initiative will help unbanked Black and African Americans, Hispanics, and Native Americans have easier access to low-cost banking Wells Fargo today announced the Banking Inclusion Initiative, a 10-year commitment to help unbanked individuals gain access to affordable, mainstream, digitally-enabled transactional accounts – a meaningful entry point to fully participating in the economy and achieving

The Financial Service Industry Now Has Access To A Decentralized Marketplace Through Verso Finance

The Financial Service Industry Now Has Access To A Decentralized Marketplace Through Verso Finance

The financial industry has changed a lot over the years, particularly after the invention of the internet. Because of this, it is now possible to shop online, send money to the other side of the world, manage your funds via the web, without the need to go to the bank or some other financial institution,

Cheap And Functional Mobile Phones, Affordable Internet Access, Necessary For Digital Finance In Developing Economies – World Bank

Cheap And Functional Mobile Phones, Affordable Internet Access, Necessary For Digital Finance In Developing Economies – World Bank

The president of the World Bank, David Malpass, has disclosed that cheap and functional mobile phones as well as affordable internet access are necessary for the expansion of digital finance in developing economies. He disclosed that the covid-19 pandemic influenced a digital revolution that has catalyzed the increase in access to and use of financial

Marijuana Businesses Could Be Listed On Stock Exchanges And Access Financial Services Under New Bipartisan Bill

Marijuana Businesses Could Be Listed On Stock Exchanges And Access Financial Services Under New Bipartisan Bill

State-legal marijuana businesses would be able to be listed on national stock exchanges and access key financial services under a bipartisan congressional bill that was filed on Thursday. The Capital Lending and Investment for Marijuana Businesses (CLIMB) Act is being sponsored by Reps. Troy Carter (D-LA) and Guy Reschenthaler (R-PA). While a main thrust of

Sustainable financing is key to access digital healthcare, education and financial services

Sustainable financing is key to access digital healthcare, education and financial services

Representational image | Manisha Mondal | ThePrint Text Size: A- A+ Digital connectivity is oxygen for opportunity. The opportunities made possible to those who are connected are rapidly expanding as services across every sector are increasingly provided and consumed online. These include healthcare, education and financial services. Yet, the global COVID-19 pandemic

The India Stack is Revolutionizing Access to Finance

The India Stack is Revolutionizing Access to Finance

A digital infrastructure known as the India Stack is revolutionizing access to finance A decade ago, India’s vibrant local markets were filled with people buying and selling goods with we­ll-worn banknotes. Today, they are just as likely to use smartphones. Advances in digital finance mean that millions of people in the formal and vast