Sri Lanka’s Economy Hit by Coronavirus: Decline in Earnings From Tourism, Remittances
The unprecedented crisis triggered by the coronavirus pandemic has severely dented Sri Lanka’s economy, causing a steep fall in the earnings from tourism, remittances and outflow of foreign investment, the nation’s central bank has said.
Contactless Self-Service Lockers Now Available for Financial Institutions
In light of the COVID-19 pandemic, FTSI, an independent provider of branch and digital transformation solutions for financial institutions, has introduced a new product, Smart Lockers for Banking.
Overseas Filipino Workers in UAE Can Now Send Money Home for Free, Thanks to Gcash-Denarii Cash Tie-Up
Both Denarii Cash and GCash share the same commitment of offering convenient and affordable financial services to Filipinos.
Podcast: Banking on Women and the Underserved During COVID-19
Mary Ellen Iskenderian joins Fintech Beat to discuss how COVID-19 could end up revolutionizing how low-income women access capital.
Remittances to Yemen Plummet as Needs Surge Amid War and Coronavirus
The World Bank estimates that one in ten people in Yemen wholly rely on money transfers to meet their basic needs. Remittances to Yemen in 2019 totaled $3.8 billion - 13% of GDP.
How Can Financial Technology Serve Smallholder Farmers?
Leading fintech providers discuss how to overcome the challenges and risks in providing financial services for smallholder farmers