All News and Announcements
Moneygram Reports Jump in Mobile Wallet Transfers
International remittance provider MoneyGram flagged a rapid increase in transactions made to mobile wallets during May, as lockdown measures due to the COVID-19 pandemic continued across several countries.
Sudan Embraces Digital Payments to Build a More Inclusive Economy
Sudan Joins United Nations’ Better Than Cash Alliance to Drive Financial Inclusion and Transparency
CGAP Launches Global Microfinance Survey to Inform COVID-19 Response
The survey is intended to gather data that MFI management teams, funders and policy makers all need to help these institutions and their low-income clients weather the COVID-19 (coronavirus) crisis.
Accelerating Digital Transformation During the Coronavirus Crisis
Due to the restrictive measures introduced by governments in all of Advans' countries of operation to prevent the spread of COVID-19, many of the branches have had to reduce or suspend services.
India: Paytm's 'Spend Now, Pay Next Month' Option Available at Local Kirana Stores
Paytm has expanded Paytm Postpaid facility to offline retail outlets and neighborhood kirana shops.
Singapore: MAS to Host $1.25 Million COVID-19 and Green Finance Challenge
The global fintech challenge aims to offer solutions that can help financial institutions grapple with the existential threats posed by COVID-19 and climate change.
India: Paytm Deepens Micro-Credit Foray as Other Firms Shy Away
Paytm ties up with Non-bank financial institutions (NBFCs) to use past-transaction data to assign credit limits for loans for daily purchases of grocery, retail goods.
Digital Lending Post COVID: How Micro-Credit Holds the Key for Small Merchants, Customers to Bounce Back
Credit and Finance for MSMEs: Digital lending platforms with the principles of financial inclusivity will emerge as the heroes of the financial crisis.
Grameen Foundation, J.P. Morgan Deliver COVID-19 Relief in the Philippines
Supported by J.P. Morgan, the program will provide immediate relief and longer-term recovery support to 3,500 women entrepreneurs running microenterprises.
Coronavirus Brings Asia's Booming Online Lending Sector to Juddering Halt
The UK-based company shuttered its India business on 13 April as 10 out of 14 lending partners withdrew their products within three days of the launch of a nationwide lockdown.