All News and Announcements
Jamaica Plans to Launch Central Bank Digital Currency in 2022
The government views the accelerated transition to a digital society and economy as vital to economic recovery following the COVID-19 pandemic.
Apply for the EUR 100,000 European Microfinance Award 2021
Application deadline is 13 April 2021, 23:59 pm CET
Banque Populaire Launches Microfinance Program for Moroccan Women
The announcement came on International Women’s Day, a worldwide celebration of womanhood and femininity and a focal point in the global movement for women’s rights.
Experian and FinScore to Raise Financial Inclusion in the Philippines via Alternative Credit Scoring
Through this partnership FinScore will intensify its focus on delivering alternative credit scoring to help financial institutions reduce high default rates and prevent fraudulent activity.
Coronavirus Pandemic Spawns Nigeria Banking Agent Boom
Mobile money firms across Africa are ramping up plans to bring banking to millions after the pandemic caused a surge in the use of digital financial services.
Growth of Digital Wallets and Contactless Payments Set to Explode
A new study has found that total spend through digital wallets will exceed $10 trillion in 2025, up from $5.5 trillion in 2020.
MoneyGram Advances Mobile Wallet Capabilities with Five-Year Extension to Ooredoo Qatar Partnership
Renewal enables MoneyGram and Ooredoo customers to continue to send money in near real-time to family and friends through Ooredoo Money Wallet.
Citi Launches Digitized Documentation for Cross-Border Payments
New offering combines electronic cross-border payments and associated documentation on same platform, cutting days off execution of cross-border payments in South Africa.
Central Bank of Sri Lanka and IFC Launch the Country’s First National Financial Inclusion Strategy to Boost Financial Inclusion for All
The new strategy highlights Sri Lanka's gains in boosting access to financial services, and particularly, on areas of improvement to ensure usage and full financial inclusion in the country.
African Development Bank Provides $320,535 to Mainstream Gender in Economic Community of West African States' Digital Financial Operations
The funds will support a gender gap analysis of several West African Monetary Agency strategies including those for financial inclusion; gender disaggregation data analytics; digital payment services and infrastructure; and digital identity.