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News

List of Digital Lenders Denied CRB Access by Central Bank of Kenya

The question that people have right now is: Which lenders were denied access to the CRBs by the Central Bank?

News

Microfinance Industry Groups Seek PM Modi’s Help to Secure Repayment Moratoriums on Term Loans

Both Sa-dhan, India's largest microfinance industry body with 212 members, and Microfinance Institutions Network (MFIN), the industry grouping for NBFC-MFIs, have separately urged the prime minister to take action.

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Microfinance Industry Most Vulnerable to Lockdown and Moratorium

As first order impact, collection cycle may be hit, while lack of moratorium-relief from banks may squeeze out liquidity

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RBI May Announce Separate Credit Line to Rescue MFIs

MFIs, like other financial institutions, are in a fix over whether they can avail of the moratorium benefit on term-loan repayments given to all borrowers

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Toronto Centre Panel Examines COVID-19: Supervising the New Normal

Using stablecoins to facilitate financial stability and inclusion in unprecedented times.

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CBN NGN50 Billion Facility for Households & MSMEs in Nigeria

In March 2020, the Central Bank of Nigeria released Guidelines for the Implementation of the NGN 50 Billion Targeted Credit Facility aimed at providing succor to households and MSMEs that have been adversely affected by COVID-19.

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Cooperatives and Sse Enterprises Respond to COVID-19 Disruptions, While Governments Are Also Starting to Integrate Them in Their Measures

While some governments have begun to integrate cooperatives, their members, workers and the wider SSE in their emergency response strategies, there is still room for growth.

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Philippines: Landbank Offers Loan Package to Help Small Firms Recover

Landbank’s lending program dubbed I-RESCUE provides credit and loan restructuring, the state-run lender said in a statement on Wednesday.

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Sesacash Multi-Currency Wallet Partners With P2P Trading Platform Cryptolocally to Power Crypto Payments to Africa

Decentralized peer-to-peer crypto trading platform CryptoLocally and blockchain-powered on-demand digital finance and payment platform, Sesacash, will be working together to address the many challenges confronting African nations in the financial sector.

News

UBX Mobile ATMs to Expedite Philippine Government's COVID-19 Subsidies

UBX, the fintech company of Union Bank of the Philippines (UnionBank), recently started deploying a rapid and remote mobile-enabled ATM solution in response to COVID-19, as part of its i2i platform.