An International Coalition to Protect Microfinance Institutions and Their Clients in the COVID-19 Crisis
At the initiative of Grameen Crédit Agricole Foundation, a group of microfinance lenders and key players in inclusive finance worked on a set of principles to better support the microfinance sector during the COVID-19 pandemic.
Major Step Forward to Improve Access to Finance in Pakistan Amid COVID-19
Pakistan’s micro, small and medium sized enterprises and individual consumers are set to benefit from the creation of an electronic registry that allows for the country’s financial institutions to use moveable assets as collateral for loans.
India: Paytm Deepens Micro-Credit Foray as Other Firms Shy Away
Paytm ties up with Non-bank financial institutions (NBFCs) to use past-transaction data to assign credit limits for loans for daily purchases of grocery, retail goods.
More U.S. Banks, Credit Unions Given Remittance Fee Exemptions
More U.S. banks and credit unions will be allowed to estimate the international remittance fees they charge consumers in instances when it may be too expensive to provide exact figures under a new rule issued on Monday.re
Boku Launches With Pearl Abyss to Extend Mobile Payments and E-Wallets Services
The launch countries include Russia, Turkey, Thailand, Philippines, Indonesia, Malaysia, and Singapore and alongside carrier billing will also include local e-wallet payment services such as RabbitLinePay, GCash, GoPay, OVO, Dana, GrabPay.
Advans Engages and Takes Care of Its Staff Through the COVID-19 Crisis
Recent weeks have been all about adapting to the unprecedented and rapidly changing context.
Iran Central Bank to Launch Contactless Payment Using Mobile Phones
The bank would soon unveil payment systems that solely use mobile phones and eliminate the need to use cards for day-to-day purchases in shops
Landmark Payment System Reforms to Support Economic Activity and Boost Financial Inclusion
The Fijian Parliament passed the National Payment System Act, paving the way for this reform program to boost access to affordable payment services through digital solutions and support the drive for greater financial inclusion.