News in Brief

Cash Services Within Reach of More Americans

In the US Marqeta is now working with Green Dot so that Green Dot’s money movement network allows customers and businesses the ability to deposit cash to bank accounts at more than 95,000 locations nationwide. Marqueta and Green Dot are fintechs.

The Green Dot Network offers cash-in and cash-out capabilities in stores including Walmart, Walgreens, 7-Eleven, CVS and more. 96% of Americans live within three miles of a Green Dot Network location.

This collaboration addresses the demand for essential cash services while bridging the digital divide among cash-preferred consumers, allowing consumers and businesses to conveniently and affordably deposit cash into digital bank accounts.

CIC Growing Strongly in Sri Lanka

Data from the third quarter of 2024 showed a 19.7% increase year-on-year in the value of currency in circulation in Sri Lanka.