All News and Announcements
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.
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.
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.
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.
COVID-19 Crisis Lifts Kenya's Mobile Money Usage to $4.2 Billion a Month
The huge surge is attributed to a government measure instituted to curb COVID-19 spread by encouraging the use of mobile money payments.
Mastercard and MDEC Ink MoU To Drive Electronic Payments and Accelerate Financial Inclusion
Private and public collaboration to focus on using digitalization to address a range of economic, commercial, and social issues.
Saudi Arabian Savings App Hakbah Forms Partnership With Visa
The solution offers customers a convenient and simple method for Savings Groups’ habit.
Symbiotics Appoints Théodore Economou as Head of Asset Management
Théodore joins Symbiotics from Lombard Odier Investment Managers, which he had joined in 2015 as CIO of the Multi-Asset Group.
IFC Helps Banco Agricola Increase Access to Finance, Respond to COVID-19 Pandemic in El Salvador
The financing package aims to support micro, small and medium enterprises, women-owned SMEs, housing for underserved segments, and climate-smart investments, including green buildings.
Bancamía and IFC Sign Cooperation Agreement to Develop Financial Products and Services for Venezuelan Migrants in Colombia
The cooperation aims to strengthen the offer of financial products and services to Venezuelan migrants, especially women, with the aim of helping them successfully integrate into the country's social and economic dynamics.