Remove how-banks-are-using-technologies-to-help-underserved-communities
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First Boulevard raises $5M for its digital bank aimed at Black America

TechCrunch

The murder of George Floyd last May ignited many things in the United States last year — one of which that was perhaps unexpected: a rise in the number of digital banks targeting the Black community. It was beyond clear to me that the solutions Black America needs must be financially-focused and developed within our community.”.

Banking 278
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Muslims come into the frame in Southeast Asia’s fintech boom

TechCrunch

The microfinancing platform connects investors with small businesses using mudarabah, a shariah-compliant profit-sharing agreement. Shariah law calls for a different approach to financial services, and conventional banks are also launching products for Muslim customers. enabling people to buy Bitcoin. enabling people to buy Bitcoin.

Fintech 246
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Taptap Send raises $65M to build cross-border remittances focused on the most underserved markets

TechCrunch

Cross-border remittances — when people living and working abroad send money back home to friends and family — continues to be a huge part of how those living in developing countries, off the global financial grid, can be helped. “Remittances is one of the most sensitive things a person buys.

Marketing 236
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SeedFi closes on $65M to help financially struggling Americans get ahead

TechCrunch

One startup is developing financial products targeted toward this segment of the population, with the goal of helping them build credit, save money, access funds and plan for the future. We’ve seen firsthand how the system has been designed for underprivileged Americans to fail,” said Jim McGinley, co-founder and CEO of SeedFi.

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How Banks are Using Technologies to Help Underserved Communities

Cloudera

Financial inclusion, defined as the availability and accessibility of financial services to underserved communities, is a critical issue facing the banking industry today. According to the World Bank, 1.7 Access to financial services and credit can help lift individuals and entire underserved communities out of poverty.

Banking 73
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Free programs that will help save our small businesses

Capgemini

These crises have exposed the challenges facing underserved communities that live on the margins or outside of the digital world and the importance of the internet as a socio-economic equalizer. Our ambition is to help make the digital revolution an opportunity for all and provide a bridge between technology and society.

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At Retiretech 2.0: Focusing on the future and the need to evolve

Capgemini

Focusing on the future and the need to evolve Krishnakumar Shanmugasundaram 30 May 2023 Facebook Twitter Linkedin The financial services industry is changing all around us. The trend started in the property and casualty insurance (P&C) industry and rolled into banking. At Retiretech 2.0: And, let’s be honest, it was a necessity.