The initiative specifically addresses pressing challenges faced by emerging economies globally, such as financial inclusion hurdles, high inflation rates, limited banking access, exorbitant service fees, among others.

The incorporation of SFS signifies a major milestone in supplying unmet demand for micro and small enterprise financing in Northern Syria and provides a huge opportunity for attracting non-traditional partners and funders.

The $125 billion influx signifies the unwavering commitment and support of the Indian diaspora to their families and communities.

The issuance of the blue bond gives BBVA Colombia a fresh source of funding to grow their investments in water and marine-related projects. 

Bede is an innovative Shariah-compliant fintech mobile app offering a seamless and convenient consumer microfinance service in just a few taps.

This app will enable consumers from both metropolitan and non-metropolitan areas to have continuous digital access to avail and manage products & solutions in a secure, streamlined, and simple manner.

The toolkit is a product of the ITU Security Lab for Digital Financial Services. By working with the lab, regulators in emerging economies can ensure secure infrastructure and applications to expand financial inclusion.

World Council of Credit Unions (WOCCU) yesterday launched a new initiative that allows credit unions in emerging markets to test innovative digital products and solutions that could benefit members and attract new customers.

The AI-driven nature of Crendly’s API will extend new capabilities to financial institutions by adapting and growing with new data to allow them transcend traditional boundaries in credit provision.

Blockchain plays a pivotal role in the success of this microfinancing model, from transparency, security, and efficiency to serving as a strategic tool in capital markets and global financial inclusion.