UBX Mobile ATMs to Expedite Philippine Government's COVID-19 Subsidies
UBX, the fintech company of Union Bank of the Philippines (UnionBank), recently started deploying a rapid and remote mobile-enabled ATM solution in response to COVID-19, as part of its i2i platform.
Philippines: Landbank Offers Loan Package to Help Small Firms Recover
Landbank’s lending program dubbed I-RESCUE provides credit and loan restructuring, the state-run lender said in a statement on Wednesday.
CBN NGN50 Billion Facility for Households & MSMEs in Nigeria
In March 2020, the Central Bank of Nigeria released Guidelines for the Implementation of the NGN 50 Billion Targeted Credit Facility aimed at providing succor to households and MSMEs that have been adversely affected by COVID-19.
Cooperatives and Sse Enterprises Respond to COVID-19 Disruptions, While Governments Are Also Starting to Integrate Them in Their Measures
While some governments have begun to integrate cooperatives, their members, workers and the wider SSE in their emergency response strategies, there is still room for growth.
Microfinance Industry Most Vulnerable to Lockdown and Moratorium
As first order impact, collection cycle may be hit, while lack of moratorium-relief from banks may squeeze out liquidity
Microfinance Industry Groups Seek PM Modi’s Help to Secure Repayment Moratoriums on Term Loans
Both Sa-dhan, India's largest microfinance industry body with 212 members, and Microfinance Institutions Network (MFIN), the industry grouping for NBFC-MFIs, have separately urged the prime minister to take action.
Sesacash Multi-Currency Wallet Partners With P2P Trading Platform Cryptolocally to Power Crypto Payments to Africa
Decentralized peer-to-peer crypto trading platform CryptoLocally and blockchain-powered on-demand digital finance and payment platform, Sesacash, will be working together to address the many challenges confronting African nations in the financial sector.