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2 mins read

14 million American adults don't have a bank account. They're still waiting for a stimulus payment.

Americans without bank accounts are disproportionately poor and people of color. The "unbanked" say…

Isaac Scher   


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2 mins read

Just 33% of the Indians that are eligible for a loan have access to a bank account

The report found that out of 220 million people in India that are eligible for a loan -- bas…

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1 min read

Unbanked rural India is next on the SBI radar

Operating these business correspondent centres in remote areas has become all the way easier after …

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8 mins read

This Social Enterprise Runs A Global Crowd-funding Platform; Eyes $3-5 Million In Series B Funding

Unlike many other ventures in this space, this social enterprise is a for-profit concern, but has n…

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2 mins read

52.81 crore Jan-Dhan accounts have deposited balance of over Rs. 2.3 lakh crore: Minister of State for Finance

About 35.15 crores or 66.6 per cent of PMJDY accounts have been opened in rural and semi-urban area…

ANI   


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Digital initiatives to triple Indian retail borrowing to USD 2.5 trillion by 2030: S&P Global

Recognising the impact of digitisation in the country, S&P Global Ratings said that the state-backe…

ANI   


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3 mins read

Even in the digital age, banks need brick and mortar presence, especially in Hindi heartland

In the age of digital banking, there are very few reasons to step into the bank. Even if one decide…

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1 min read

Need to increase per capita income to make India 3rd largest economy: Bandhan Bank MD

Bandhan Bank managing director Chandra Shekhar Ghosh on Tuesday said there is a need to increase pe…

PTI   


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3 mins read

Weak debut: Jana Small Finance Bank lists at 4% discount to IPO price

​​Jana Small Finance Bank listed with muted gains on Wednesday morning on Dalal Street. The stock l…

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1 min read

San Francisco gets a green signal from regulators to run robotaxis

Regulators in the US state of California have given the green signal to autonomous car companies Cr…

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1 min read

LA considers ban on cashless businesses because they exclude low-income people, people of color, and seniors

Los Angeles could join the ranks of cities like San Francisco, New York, and Philadelphia, which al…

Katie Balevic   


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1 min read

Jana Small Finance Bank re-files IPO papers with Sebi

Jana Small Finance Bank Ltd has re-filed draft papers with capital markets regulator Sebi to mobili…

PTI   


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1 min read

Hindenburg report wipes out $526 million of Jack Dorsey's wealth

Former Twitter co-founder and CEO Jack Dorsey was left poorer by $526 million after short-seller Hi…

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2 mins read

Cash remains king in India, co-exists alongside digital modes of payment

In FY23, the transportation, organised retail, and BFSI sectors observed average annual increases o…

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2 mins read

BharatPe acquires 51% stake in Mumbai-based NBFC Trillion Loans

BharatPe Group has acquired a controlling stake in Mumbai-based NBFC Trillion Loans, a provider of …

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6 mins read

I've lent people more than $63 million to buy homes and start businesses: 'If you see a problem, fix the problem'

In 2013, Arlo Washington lent $150 to a customer. Now the "Barber of Little Rock" issues high-risk …

Alcynna Lloyd   


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2 mins read

Florida Governor Ron DeSantis proposes banning a digital currency from the Fed, arguing it will stifle innovation and promote surveillance

"The Biden administration's efforts to inject a centralized bank digital currency is about surveill…

Matthew Fox   


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2 mins read

I asked ChatGPT to make the case for and against crypto and it weighed in on regulation, energy, and decentralization

OpenAI's popular language bot offered five reasons in favor of tokens and five reasons against thei…

Phil Rosen   


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BharatPe gets in-principle nod from RBI to operate as online payment aggregator

BharatPe gets in-principle nod from RBI to operate as an online payment aggregator.The final author…