Underbanked / Unbanked News & Media
REPORT: Unbanked services to double by 2011
August 27, 2007
Marketing Daily: Consumers who are disenchanted with the banking industry are seeking more convenience and easier answers to credit and economic woes. In…
read nowPostilion, Okla. Bank offer prepaid card programs to FIs
August 21, 2007
ATLANTA - Postilion, a division of S1 Corp., has signed a marketing deal with Central National Bank of Enid, an Oklahoma-based community financial…
read nowFiserv to buy CheckFree for $4.4 billion
August 1, 2007
BROOKFIELD, Wis. - Fiserv Inc. has announced plans to acquire CheckFree Corp. for approximately $4.4 billion. Fiserv says CheckFree, which provides online…
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Western Union expands money-transfer services in Mexico
July 26, 2007
ENGLEWOOD, Colo. - The Western Union Company and financial-services provider Grupo Elektra are now offering money-transfer services at 587 Farmacias Benavides…
read nowCoinstar to buy money transfer firm for $60 million
July 25, 2007
BELLEVUE, Calif. - Coinstar E-Payment Services Inc., a subsidiary of Coinstar Inc. July 25 announced plans to buy GroupEx Financial Corp., which provides…
read nowCFSI launches private-equity partnership to reach underbanked
July 24, 2007
CHICAGO - The Center for Financial Services Innovation has established the CFSI Catalyst Fund L.P., a private-equity limited partnership that aims to…
read nowCardtronics sees promise in 7-Eleven
July 22, 2007
HOUSTON - Cardtronics Inc. has completed its acquisition of 7-Eleven Inc.'s ATM business for $135 million. As previously announced, the acquisition includes…
read nowWestern Union services available at Checksmart Financial sites
July 9, 2007
ENGLEWOOD, Colo. - The Western Union Company and financial-services provider Checksmart Financial have signed a deal to offer money-transfer services through…
read nowBill-pay expected to be primary use for new Wal-Mart card
July 1, 2007
Digital Transactions: Visa USA says it expects bill payment to be a key function for holders of the new Wal-Mart MoneyCard prepaid product, which Wal-Mart…
read nowNew group improves prepaid education
June 17, 2007
LONDON - A new international trade association, the Prepaid International Forum, aims to focus on the global prepaid-products market. According to a news…
read nowWestern Union opens center in Philippines
June 5, 2007
DENVER - The Western Union Company has opened an operating center in Manila, Philippines, to better serve customers and agents in Asia-Pacific. According…
read nowIndian bank tests biometrics-based smart cards
May 30, 2007
ePaynews: Union Bank of India has teamed with Indian software firm Financial Information Network and Operations and Cashpor Micro Credit to launch a…
read nowNigerian bank hires ATM guru to enhance payments solutions
May 28, 2007
All Africa: In a bid to top the industry in electronic transactions, Union Bank of Nigeria Plc. has signed a deal with electronic-banking and ATM guru Jack…
read nowTIO Networks, ExxonMobil extend kiosk/ATM alliance
May 21, 2007
BURNABY, British Columbia - TIO Networks Corp. has extended its alliance with ExxonMobil for five years, the company announced in a news release. The…
read nowCoinstar, First Data push pay cards at kiosks
May 13, 2007
DENVER - Coinstar Inc. and First Data Corp. have agreed to start selling a pay card at Coinstar kiosks. The two companies announced an agreement between…
read nowWestern Union works on economic development in Mexico
May 8, 2007
ENGLEWOOD, Colo. - The Western Union Company, a worldwide leader in money-transfer services, is expanding its ties to Mexico, meeting with government…
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Argentina's growth sparks attention
After rough years, an economic upswing leads to more deployments.
read nowTIO launches prepaid MasterCard
May 2, 2007
BURNABY, B.C. - TIO Networks Corp. and ExxonMobil, along with and NetSpend Corporation announced the launch of the TIO prepaid MasterCard at participating…
read nowTexas Power Partners,TIO sign billpay deal
May 1, 2007
BURNABY, British Columbia - Texas Power and TIO Networks Corp., announced the launch of a new self-service bill-payment service to allow the utility's…
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