The bank plans to hire 75 community managers by 2030 to serve areas with limited banking access.

The purpose of the social bond is to empower underserved, low-income communities through improved access to affordable financing to meet their vital transportation needs and ultimately provide a path to mainstream financing.

With this second iteration of the Community Finance Innovation Fund, the Citi Foundation will support a new cohort of Community Development Financial Institution innovators.

This document aims to guide financial institutions toward the intentional inclusion of women through concrete actions to adapt their product offering and make the necessary organizational and cultural changes.

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.

The US Faster Payments Council has released ‘Operational Considerations for Receiving Instant Payments’, a guideline for financial institutions on instant payments, including RTP and FedNow.

Ant International will enhance the credit management capability and infrastructure efficiency for Dock clients, comprising of financial institutions, retailers, and fintech start-ups.

The loan will have a five-year tenor and a three-year grace period, helping Banco BICE increase and diversify its long-term financing to support the housing portfolio growth.

Financial Inclusion Grants direct funding to organizations serving minority populations in policy areas covered by the report: affordable housing, business ownership, childcare, education, employment, and health access and outcomes.

The company aims to use the new funding to further enhance and expand its product offerings, reinforcing its position as a leader in the Mexican financial sector.