All News and Announcements
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.
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.
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.
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.
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.