All News and Announcements
JPMorgan Chase Launches Hiring Initiative to Bolster Financial Inclusion
The bank plans to hire 75 community managers by 2030 to serve areas with limited banking access.
Tricolor Issues $288M ABS Social Bond to Support Scale and Advance Financial Inclusion in Underserved Hispanic Communities
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.
Citi Foundation Announces $25 M Request for Ideas Focused on Financial Inclusion and Financial Health in Low-Income Communities in the U.S.
With this second iteration of the Community Finance Innovation Fund, the Citi Foundation will support a new cohort of Community Development Financial Institution innovators.
Gender Inclusive Finance Comes Under the Spotlight in Skopje
On 1 October, AFI Chief Executive Officer Dr Alfred Hannig explored how to advance gender inclusive finance in Southeast Europe with a panel of five female central bank governors from across the region.
FPC Releases Guideline for Financial Institutions on Instant Payments
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.
Iowa Credit Union Foundation Announces $50,000 in Grants to Increase Financial Inclusion in Iowa
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.
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.
IFC Invests $150 Million in TBC Bank to Boost SME and Climate Financing in Georgia
IFC's financing is expected to help TBC Bank further grow its SME and climate finance portfolios. In addition, the project will help strengthen Georgia's climate finance market by promoting best practices in sustainable lending.
Grameen America Plans to Invest $40 Billion for Underserved Women of USA in Next Ten Years
To expand access to affordable capital for women entrepreneurs, Wells Fargo made a $3.25 million grant over three years to help Grameen America expand its operations to Phoenix, Arizona and advance the organization’s technology and digital platforms.
Catalyst for “Transformative Change”: Female Entrepreneurship Fund Launched
The Female Entrepreneurship Fund is a specialized investment vehicle that channels resources from institutional investors to support women entrepreneurs in the Central American Integration System (Sica) region.