Tag #Financial Inclusion

Showing 13 to 24 of 51 results

abcnews.go.com
🌐 75% Global Worthiness
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Bitcoin Adoption in Kenya's Kibera Slum: Financial Inclusion or Risky Venture?

In Kenya's Kibera slum, about 200 people in the Soweto West neighborhood use bitcoin, facilitated by AfriBit Africa to boost financial inclusion, despite expert concerns about bitcoin's volatility and lack of regulation; some residents, like garbage collectors, prefer it to M-PESA due to lower trans...

Progress

40% Bias Score

No Poverty
nos.nl
🌐 75% Global Worthiness
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ING Apologizes for Discriminatory Banking Practices

ING apologized for discriminating against customers with religious or international backgrounds due to excessive questioning; the bank is implementing training and communication changes to rectify the situation.

Progress

36% Bias Score

Reduced Inequality
dutchnews.nl
🌐 75% Global Worthiness
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Dutch Sex Workers Face Ongoing Barriers to Financial Services

Despite commitments from banks and insurers, sex workers in the Netherlands continue to struggle accessing financial services; Nationale Nederlanden (NN) reports very few insurance contracts, while banks maintain barriers to account access, leaving sex workers vulnerable to exploitation.

Progress

52% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
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Fintech's Focus on Emerging Market SMBs

In Bogotá, Nairobi, and Jakarta, the thriving SMB sectors, despite facing challenges like regulatory complexities and a $5.2 trillion financing gap, are driving fintech innovation focused on providing tailored financial tools and simpler onboarding processes to unlock their full economic potential.

Progress

40% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 85% Global Worthiness
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US Bank Branch Closures Surge in 2025

Between April 1 and 26, 2025, 14 US banks filed to close 42 branches, accelerating a trend of branch closures driven by the shift to digital banking, impacting primarily rural communities and older customers who prefer in-person services.

Progress

48% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 85% Global Worthiness
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UK Cash Usage Decline Creates Two-Tier Society, Report Warns

A UK Treasury Committee report reveals a 31% fall in ATM withdrawals since 2019, highlighting the disproportionate impact on vulnerable groups facing higher costs due to reduced cash acceptance; the report suggests potential government regulation to ensure continued access to cash.

Progress

52% Bias Score

No Poverty
elpais.com
🌐 85% Global Worthiness
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Public Opposition to BBVA's Takeover Bid of Banco Sabadell

A survey commissioned by Banco Sabadell reveals that 75% of Spanish citizens oppose BBVA's hostile takeover bid due to concerns about negative impacts on banking services, businesses, and employment; the Spanish government must decide by June 27th.

Progress

56% Bias Score

Reduced Inequality
nos.nl
🌐 75% Global Worthiness
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ING Apologizes for Discriminatory Banking Practices

ING apologized for discriminating against customers with religious or international backgrounds, admitting to excessive questioning and a lack of cultural understanding; the bank will reduce inquiries, improve communication, and train staff on cultural sensitivity.

Progress

36% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
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Chime's IPO: A Milestone for Inclusive Fintech, but Deeper Innovation Needed

Chime, a neobank with over 8.6 million users and $1.67 billion in 2024 revenue, is going public on NASDAQ under the ticker "CHYM", representing a major milestone for inclusive fintech but highlighting the need for deeper innovation to address broader financial resilience.

Progress

36% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
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Stablecoin Market Quadruples, Driven by Increased Accessibility and Lower Transaction Costs

Stablecoin market capitalization quadrupled from $54.66 billion in 2021 to $221 billion in 2025 as the top stablecoins increased from three to ten, driven by lower transaction costs and increased accessibility, particularly benefiting developing nations facing a $4.9 trillion credit gap affecting 2....

Progress

40% Bias Score

Reduced Inequality
bbc.com
🌐 75% Global Worthiness
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Uber Expands to Cash Payments in UK, Sparking Debate on Cash Access

Uber now accepts cash payments in most UK cities, excluding London, following successful trials, addressing customer needs and highlighting a broader debate on cash access for vulnerable groups, such as domestic abuse survivors, as raised in a recent Treasury Committee report.

Progress

48% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 85% Global Worthiness
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Treasury Committee Report Warns of UK's Declining Cash Acceptance Impacting Vulnerable Groups

A Treasury Committee report warns that the UK's declining cash acceptance disproportionately harms vulnerable groups, including the poor, elderly, disabled, and victims of economic abuse, urging a government review to prevent a two-tiered society.

Progress

64% Bias Score

Reduced Inequality

Showing 13 to 24 of 51 results