Sentences with phrase «unbanked market»

Because people's credit is shaky these days, there's a sizable unbanked market, and some people just plain don't want to use their credit card for a dating site.

The service is available in 180 countries and has eye for the unbanked market.

Section 7 further instructs the FDIC to consider several factors when conducting the surveys, including estimating the size and worth of the unbanked market in the United States and identifying the primary issues that prevent unbanked individuals from establishing conventional accounts.

TenX is focusing their efforts on some of the unbanked markets in Southeast Asia, China and India where, according to their whitepaper, around 50 % are currently «unbanked».

Not exact matches

Today, however, anyone in the world can buy Bitcoin — including unbanked peoples ranging from Afghanistan to Zimbabwe who have never had access to capital markets before.

Mobile banking is also an effective tool to reach unbanked populations — particularly in emerging markets — who may not have access to brick - and - mortar branches.

The research found that new digital innovations in banking could bring significant cost reductions for global banks, alongside increased customer satisfaction and financial inclusion for unbanked populations in emerging markets.

But like many emerging markets, the country has an inadequate banking system and a large unbanked population.

What do you think about Paxful enabling the unbanked to use gift cards to access the cryptocurrency market?

Here's a fact: In the US, close to 60 million households (~ 90 million people) in the US are either under underserved / banked and traditional banks can't serve them profitably — In fact, a 2010 FDIC survey found that while 73 % of banks were aware of the unbanked and under - banked populations in their market, less than 18 % identified expanding services to these consumers as a priority in their business strategy.

Another important factor in Bitcoin's economic role is that many of those in developing markets are unbanked and have little to no access to centralized financial institutions.

Most of the target market for prepaid cards is the unbanked.

The industry used to use terms like «underbanked» or «unbanked» and probably decided those terms were not as marketing friendly.

This could provide the billions of unbanked people around the world with easy access to the international money market (assuming that they have Internet access).

In a statement last week, Newtown Partners marketing partner Inge Lok said the investment will help Wala bring about its aim to provide zero - fee financial services which include insurance, transactional banking, remittances and loans to around 3.5 billion unbanked consumers.

Our QUOINE LIQUID platform will help provide market liquidity to facilitate the movement of Dash in underbanked and unbanked economies, so we expect to see a positive spillover effect in the increasing utility of Dash in these markets.»

Its devices are especially popular in India, China, and Southeast Asia, which happen to be markets full of unbanked users, according to the World Bank Global Finance Index.

We speak to Christine To, VP of Business Operations at AirFox, about the blockchain - powered mobile data provider that's set to disrupt the industry and provide scores of unbanked and underserved individuals in emerging markets with access to mobile connectivity.

The project is a joint venture between DECENT (blockchain technology company) and Dragonfly (game distribution platform) which aims to provide a platform for content creators and gamers alike, including «unbanked» consumers in emerging markets.

While others are talking about banking licenses we will take on the Philippine market from within the banking arena and offer Paycent as the online arm of the merged banks, using blockchain and big data to provide micro-financing and basic banking services to the unbanked.

UTRUST said in September that blockchains could boost economic growth in emerging markets by U.S. 3.7 trillion worldwide and help the 2.5 billion unbanked people worldwide.

bankinfosecurity.com - Developing nations that are moving to digital payments, especially for the unbanked, need to keep in mind security lessons already learned in other markets,