In-App Transactions Increase Three-Fold as Qi Card Keeps Economy Moving During Pandemic
Qi Card mobile money offering provides Iraqis with digital means for safe and secure financial transactions.
iQSTEL Launches New Fintech Division, Expanding Product and Digital Financial Services Offerings for the Global Markets
The initial target market for the product is expected to include the immigrant population around the world.
Launch of the AFI Europe Representative Office Co-Hosted With the Ministry of Finance and the Ministry of Foreign and European Affairs of the Grand Duchy of Luxembourg
The 90-minute launch event will take place on 5 October and will be featured live on several platforms, including AFI’s social media channels.
Knowledge Officer Partners With GIZ to Launch Fintech Academy in Egypt
The initiative aligns with the Knowledge Officer’s mission to empower the fintech ecosystem with education.
IFC Is Ready to Invest up to $2 Billion Pesos in ABL Trust Mexico to Promote SMEs Recovery
This investment is the first of five proposed commitments to ABL Trust Mexico that could reach a total of $2 billion pesos in the next three to five years.
New IFC Survey Reveals A Third of Workers in Bangladesh’s Micro, Small and Medium Enterprises Now Jobless in Wake of COVID-19 Impacts
A staggering 37 percent of workers in Bangladesh’s micro, small and medium enterprises lost their jobs, either temporarily or permanently, in the space of one month, with 94 percent of MSMEs experiencing a sharp drop sales due to the impact of COVID-19.
Microinsurance Cover Needed for India's Poor to Prevent COVID-19 Economic Debacle
The events that have unfolded have brought to the fore the need to provide some sort of a social security net for millions of toiling masses.
Cambodia: Requests for Loan Restructuring Fall
More than 260,000 applicants received approval to restructure their loans from microfinance institutions as of October.
Sri Lanka: ComBank Receives $ 50m Equity from IFC
This is the first foreign equity placement by Commercial Bank, the first post-pandemic equity placement by the IFC and is one of the largest foreign investments into Sri Lanka since the start of the COVID-19 pandemic.
New Mastercard Study Reveals Rapid Shift Toward Digital Payments in Saudi Arabia
Up to 77 percent of consumers in the Kingdom spending more money online since the onset of the pandemic.