From the Microfinance Coalition: Call to Action for Donors
In light of the impact of the COVID-19 crisis, the foundational support of donors is once again crucial to preserving and fostering responsible financial inclusion.
Lift and Department of Social Welfare Announce $9 Million in COVID-19 Cash Support
Myanmar Ministry of Social Welfare, Relief and Resettlement, Department of Social Welfare and Livelihoods and Food Security Fund LIFT have announced funding of $9 million in COVID-19 cash support to mothers, pregnant women and social pension beneficiaries.
A Pragmatic Solution to a Business Continuity Problem Arising out of the COVID-19 Crisis: The Monitoring Application That Allows Customers to Be Served at a Distance
In partnership with the Mastercard Foundation, AccessHolding was able to provide a very pragmatic and fast-paced solution to its network banks.
COVID-19 FinDev Weekly Update | 21-27 May 2020
A roundup of the most relevant coronavirus-related news, resources and events from the past week
Financial Inclusion Is Going Digital. Can Women Follow?
While digital finance has gained market share for years, it is possible no single catalyst has been a greater accelerator than COVID-19. Are women participating in these digital solutions?
COVID-19: Governments Must Protect the Rights of Migrants During the Pandemic and Beyond, UN Experts Urge
UN human rights experts today called on States to protect the rights of migrants and their families, regardless of their migration status, during and after the COVID-19 pandemic.
India: More Kirana Shops Accept Digital Payments as Customers Prefer Contactless Shopping
Payment companies have reported a surge in digital transactions for buying essential goods since the lockdown began, and more and more fintechs are now working with mom-and-pop stores to enable them to transact digitally.
Philippines: Consumers Shopping, Banking From Home Warned vs Rash of Digital Payment Fraud, Hacking
While the COVID-19 pandemic has increased usage of digital payments, there has been an observed increase in attempts at scams and financial crimes.
Cambodians Forced to Sell Assets to Repay Loans as Coronavirus Hammers Economy
Many Cambodians are being forced to sell their livestock and farms to pay off debts to banks and microfinance institutions, prompting calls for the government to prevent lenders from collecting during the outbreak.