Financial inclusion

In the developing world, connecting payments to the Internet of Things could have an immediate and transformative effect on people’s lives.

A community group has secured a grant from the W.K. Kellogg Foundation to probe banks’ small-business lending practices. It follows a 2017 pilot study in which the group found that white shoppers posing as business owners were three times more likely to be invited for follow-up appointments than their black counterparts and twice as likely to be offered help in completing loan applications.

Mastercard knows the more time consumers spend on their mobile devices—often deliberately blocking ads—the less likely they are to see its iconic “Priceless” ads, even if those ads support a charitable cause.

The CDFI formerly known as Progreso Financiero targets consumers with little or no credit history.

Regional and community banks will offer low-cost or no-cost financial products through Bank On, which has already reached agreements with Regions Bank, Wells Fargo and SunTrust.

Because their businesses operate mostly with cash with little financial record keeping, the nearly 100,000 kiosk owners in Kenya have no way to qualify for traditional loans and lines of credit offered by banks. Plus, the kiosk owners have no mechanism to place stock orders directly with a wholesaler.

Beth Mooney is taking KeyCorp to new heights through bold dealmaking and with a relentless commitment to doing what's right for customers, employees and communities.

Improving gender equality could significantly boost growth in advanced economies over the coming decades, according to Citigroup Inc.

Theodora Lau, director of market innovation at AARP, says financial companies and fintechs should consider the over-50 crowd in their app designs.

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