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April 18, 2018
On the web
Aided by mobile phones, 3.8 billion people now have bank accounts, global findex database shows
Today News Africa
“Aided by mobile phones and the Internet, at least 69 percent of adults – 3.8 billion people – now have an account at a bank or mobile money provider, the Global Findex database released on Wednesday during the World Bank and IMF Spring Meetings in Washington, D.C., shows. This is up from 62 percent in 2014 and just 51 percent in 2011. From 2014 to 2017, 515 million adults obtained an account, and 1.2 billion have done so since 2011.”
April 12, 2018
On the wires
Stash to Unveil New Banking Services, Powered by Green Dot Corporation
“Green Dot services will include bank accounts with debit cards, no overdraft fees, and a large network of free ATMs nationwide. Additionally, Stash will provide personal guidance across every aspect of a client’s finances – from spending to saving, to retirement and investing. Stash powered technology will provide clients with actionable advice to help customers get the most out of their money.”
April 10, 2018
On the web
PayPal plans banking features like FDIC coverage by mid year
ZDNet
“PayPal is planning to roll out traditional banking features to some users in the coming months, the company said Monday. The features include Federal Deposit Insurance Corp. coverage of the PayPal Wallet, online check deposit, and a debit card that can be used to withdraw cash.”
March 7, 2018
On the wires
Women in Charge: Mastercard Index Reveals How Countries are Progressing to Empower Women Entrepreneurs
“rd Index of Women Entrepreneurs (MIWE) revealed. Compared to their peers in emerging markets, women business owners in developed ones are able to draw from a greater pool of enabling resources and opportunities, including access to capital, financial services and academic programs.”
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