ACI Worldwide and India1 Payments to Expand ATM access in Rural India
The implementation has enhanced India1 Payments current 11,000 ATMs with ACI’s latest technology, which has created capacity for expanding the ATM network in the coming years.
GAIF and Fintech Robos Partner to Boost Financial Literacy in the Arab World
Under the partnership, the two sides will collaborate in promoting platforms boosting financial literacy, financial inclusion, pension saving systems, and actuarial business in financial and economic sectors across the Arab countries.
China Mobile Showcases PayMax, Its First Digital Payments Solution
This strategic venture aims to empower the people of Pakistan with a financial solution that is secure, unique and ensures inclusion in the unbanked sector of Pakistan.
IPA Hosts UN Secretary-General’s Special Advocate Queen Máxima to Meet With Mobile Money Users in Tanzania
In her role as UNSGSA, Queen Máxima spoke with entrepreneurs and mobile money agents at the market to better understand the impacts of mobile money on the growth of their businesses.
MicroRate Authorized to Operate As a Risk Rating Agency in Panama
This is the first time that a rating agency specializing in microfinance has been authorized in Panama to rate regulated financial institutions in the country.
U Microfinance Bank Islamic Banking Receives International Recognition During 8th Islamic Retail Banking Awards
The award honors U Bank’s recent introduction of Shari’ah-compliant financial solutions in Pakistan and comes soon after U Bank’s full-scale commercial launch of Islamic Banking services nationwide.
Visa to Invest $1B in Africa Over the Next Five Years
Per the statement, the pledge will further scale Visa’s operations in Africa and deepen collaboration with strategic partners, including governments, financial institutions, mobile network operators, fintechs and merchants.
IFC Announces $300 Million Loan to Banistmo to Boost Financing for SMEs and Preferential Mortgages
The investment will allow Banistmo to address two development challenges simultaneously by reducing the financing gap for SMEs and addressing the country's housing deficit.
Mastercard Partners DFC to Boost Digitization and Financial Inclusion in Africa
The collaboration will see Development Finance Corporation support potential investments of up to $50 million in organizations within the Mastercard Community Pass network.
UNO Digital Bank Partners With Trusting Social to Offer Lending Services to Filipino Consumers
By offering a frictionless and friendly lending experience, the firm aims to empower traditionally underserved Filipinos to achieve their goals and bring them into the formal and secure financial ecosystem.