Community development financial institutions could stand to gain from efforts to modernize the Community Reinvestment Act, but they fear the proposal offered by regulators may end up draining their capital. ... Read full article
Some lenders fear a moratorium on new participants, and other restraints, could be the beginning of the end for the agency's Community Advantage program. ... Read full article
The heads of Mastercard and Santander outlined the concrete steps their firms are taking to bring unbanked consumers into the financial system. ... Read full article
The nonprofit is turning to banks and social impact investors to support a newly created fund designed to significantly increase the size of its loan portfolio over five years. ... Read full article
The Swiss bank got involved in microfinance in a counterintuitive way: at the behest of its wealthiest clients. Technology has made lending in small rural villages more efficient and profitable. ... Read full article
The app allows users, many of them first-time investors, to get started for as little as $5. ... Read full article
Interviews with entrepreneurs and techies at the Money2020 Europe conference. ... Read full article
The $1.5 million investment will help Grameen America make more small-dollar loans in the Midwest. ... Read full article
A Nebraska banking veteran put up $1 million of her own money to create a microlending program that doesn't require business owners to provide traditional collateral. ... Read full article
