All News and Announcements
Parabank Launches Credit Offering for People With Disabilities
Parabank, the world’s first digital bank focused on people with disabilities, is now launching credit and prepaid cards with a variety of benefits, including partnerships with rehabilitation clinics, a marketplace with products and services and access to investment services.
Krom Bank Accelerates Financial Inclusion in Indonesia With AWS Cloud
Through the use of AWS cloud services, Krom Bank aims to reach these populations by offering secure and user-friendly digital banking services that empower individuals with better financial management tools.
Philippines Pushes for Digital Wage Payments to Boost Financial Inclusion
The Bangko Sentral ng Pilipinas (BSP) and the Department of Labor and Employment (DOLE) are urging labor and employer sector leaders to transition to digital wage payments, highlighting the benefits of safe and efficient payroll solutions.
Mastercard Advocates Financial Inclusion and Economic Growth at Tanzania Industry Forum
The event underscored Mastercard’s commitment to advancing economic growth through innovative digital payment solutions and strategic collaborations in the country.
‘CheGebeya’: An Innovative Digital Supply Chain Financing Initiative for MSMEs in Ethiopia
’Chegebeya’ translated as ’Che Market’ aims to revolutionize the financial ecosystem for Micro, Small, and medium enterprises (MSMEs) in Ethiopia by modernizing the supply chain of Fast-Moving Consumer Goods.
EDOTCO Partners With MDEC and Boost to Drive Malaysia’s Digital Economy and Financial Inclusion
These collaborations aim to accelerate Malaysia’s digital economy through next-generation infrastructure and financial inclusion initiatives, marking a significant step forward in the country’s digital transformation journey.
AFC Joins Global Enterprises to Offer Inclusive Digital Lending in the Philippines
The strategic alliance aims to strengthen the platform in the rapidly evolving consumer finance market in the Philippines.
GCash: Becoming the Philippines’ Leading Financial Super App
Following its latest investment, Mynt is now worth an impressive $5 billion, more than doubling its $2 billion valuation from the last funding round in 2021.
UAE’s myZoi Launches Financially Inclusive Digital Wallet With “One-To-Many” Transfer Capabilities
The digital wallet promises to reduce remittance fees for underbanked employees in the UAE by enabling transfers to up to five people for the price of one.
GFSI and the ONDC Network Join Forces to Empower Women and Small Enterprises Through Digital Inclusion
The joint initiative aims to leverage their combined strengths to benefit farmer producer organizations, nano, micro, small, and medium enterprises, Self-Help Groups, women entrepreneurs, start-ups, and similar entities.