Pandemics & Financial inclusion - A Toronto Centre Webcast Series (Part 1)
Gain insights on how financial supervisors and regulators can help to mitigate the impact of COVID-19 on the financial system and preserve the gains that have been made in financial inclusion.
Citi’s COVID-19 Community Relief Efforts Reach Over $65 Million Globally
These efforts are helping to deliver immediate relief to frontline workers and populations within communities most impacted, as well as supporting longer-term investments in programs focused on economic recovery and financial stability.
Kenya: Banks, Mobile Money Agents Are Counting Losses
In response to the economic disruption from COVID-19 pandemic, the Central Bank of Kenya announced a set of directives promoting digital transactions to curb the spread of COVID-19. These directives have significantly impacted the banks and mobile money agencies.
Contactless Payments Skyrocket Amid Coronavirus Worries Over Handling Cash
Use of contactless mobile payments — services that once struggled to catch on in the U.S. — is surging as people come to see their phones as the safer way to pay.
Postal Remittances Are Not Immune to a Pandemic
Early trends point to a drop in remittance volumes as Posts step up to serve their communities in a time of crisis
At Mercy of Banks, India's Cash-Tight Shadow Lenders Face New Turmoil
All major state-owned and private banks have stopped lending to non-banking financial companies (NBFCs) due to concerns about their financial health.
COVID-19 Puts Focus on Social Responsibility in Asia Pacific
The coronavirus pandemic has magnified and exposed social imbalances in the region – underscoring the importance of financial inclusion as well as environmental, social and corporate governance.
Bitcoin ATMs Expand Despite Shelter-in-Place Rules
Tucked into corners of grocery stores, gas stations and transit hubs, crypto ATMs are still allowed to operate amid the coronavirus contagion event. And some are thriving.
Is the Coronavirus Killing Off Cash?
Tech firms see the opportunity they’ve been waiting for as shoppers and business recoil from paper money. Who’s hurt when legal tender goes away?