Coronavirus or Demonetization? Which One Helped India’s Digital Payment More?
The value of transactions on the Unified Payments Interface, a platform created by India’s largest banks in 2016, reached an all-time high last month as people feared to handle banknotes amid the pandemic.
Western Union Expands Presence in the Philippines With Tie Up
This tie up highlights Western Union’s efforts to strengthen presence in the Philippines, which has been recognized as the fourth-largest remittance recipient country in 2019 according to the World Bank.
TradeCore Introduces Platform to Speed Fintech Launch Process
TradeCore’s aim is to handle and accelerate the back-end processes and technological integrations, such as regulation compliance, so the emerging fintech can focus on growing its business.
Experts Harp on Restructuring of Loans to Benefit Women
Experts have called for the restructuring of loan facilities in Nigeria, to alleviate the adverse effects of some government policies on women.
World’s Biggest Virtual Global Fintech Fest Saw Participation From Over 12000 Attendees From Over 110 Countries
Global Fintech Festival brought together representatives of banking, financial technology and investment industries from across the globe to host impactful dialogues, public discussions and a curated exhibition of the latest disruptive technologies.
Drop in Remittances Raises Credit Risk in Low and Mid-Income Economies
A global drop in remittances by migrant workers due to the coronavirus-induced recession will raise credit risk in countries most dependent on such inflows.
The ‘Now Normal’: Why Credit Unions Must Hit the Reset Button on Digital Strategy
The accelerated adoption of digital has changed the way members will utilize credit unions and evaluate credit union services.
Bangladesh: Remittance Hits Record High in July
Many expats have been sending money as part of their preparation to return home due to joblessness abroad.
SANAD and Banque du Caire Strengthen Partnership to Support MSMEs, Agribusinesses, Microfinance Institutions in Egypt in Light of COVID-19 Crisis
Investment of $15 million bolsters funding base for important economic pillars.
The Islamic Corporation for the Development of the Private Sector (ICD) is Committed to Strengthened the Islamic Finance During the COVID 19
Global Islamic Banking and Finance learning series is launched by AlHuda CIBE.