All News and Announcements

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Undocumented Migrant Workers To Get Government Support for Returning Home

All the government repatriation schemes had excluded undocumented migrant workers, leaving them to languish in COVID-19 hit labor destination countries.

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COVID-19 Drives African States Into Cashless Societies

According to a recent GSMA report, Sub-Saharan Africa is the enduring epicenter of mobile money, adding over 50 million registered accounts in 2019.

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Early Bird Pricing for SEEP's 2020 Conference Ends on September 10!

Join over 30 engaging Learning Spaces, underpinned by the conference theme, Disruptive Collaboration: navigating a radically uncertain world, and four cross-cutting technical streams.

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Microfinance Firms in Myanmar Struggle to Stay Afloat in Second Wave

Government travel restrictions and orders to defer repayments and lower interest rates on loans due to COVID-19 have reduced the ability of Myanmar’s microfinance companies to help rural people who desperately need capital.

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Defying Predictions, Nepal’s Remittances Still High

Despite dire predictions about a drastic drop in remittances that Nepal gets from its workers abroad due to the COVID-19 induced economic downturn, money transfers have remained steady. 

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Fintech Firms Offer To Help Disburse Government COVID-19 Funds

The Indonesian Fintech Lenders Association has offered to help accelerate the disbursement of national economic recovery program funds as the government struggles to amass the data needed to deliver the money to the right places. 

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Pandemic’s Effect on Remittances to Latin America Varied

As the COVID-19 pandemic froze the United States economy, not all Latin American immigrants living there were affected equally.

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Remittances to Mexico Hit Third Highest Level on Record in July

Remittances sent to Mexico, a major support for the Mexican economy and in particular for low-income families, continued its historic 2020 run and rose in July to the third highest level on record.

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New SCBF Project: First-Of-Its-Kind Digital Tele-Medicine and COVID-19 Insurance Product in Nepal

​​​​​​In response to COVID-19, the new SCBF product upscaling project supports a local insurtech company to implement a first-of-its-kind e-health value added service product with two core features: e-health tele-consultation bundled with COVID-19 insurance.

News

Amazon's New Offerings Make India Centre of Fintech Push

Amazon.com Inc (AMZN.O) has added insurance and even gold to its menu of financial services in India, to expand its customer base and attract more subscribers to its Prime loyalty program in a battleground growth market.