Singapore Offers More Grants to Help Fintech Firms Ride out Pandemic
The SG$6 million ($3.44 million) grant can be used by local fintech companies to cover their daily working capital expenses and finance new product development work with financial institutions.
COVID-19 to Impact Demand Growth of Mobile Payment Market | Key Players: WeChat Pay, Alipay, PayPal
A new report on Mobile Payment Market has been published by Acquire Market Research providing a thorough analysis of the industry trends, market opportunities, growth drivers essential for market leaders.
Mastercard, Tech Firms to Build NFC Network in Europe
Mastercard is partnering with NXP Semiconductors and consumer electronics company Xiaomi to develop a contactless payment feature for NXP's mobile wallet.
DBP Eyes More Tie-Ups With Financial Firms to Push for Financial Inclusion
STATE-run Development Bank of the Philippines will forge ahead with its financial inclusion initiatives this year by tapping financial technology companies, non-bank financial institutions, as well as rural banks.
Eko India Offers Banking Services to Migrants in Telangana
Eko's network of over 200,000 entrepreneurs, retailers, and individuals, across 200 cities in India has been instrumental in bringing about this ease to the lives of migrants.
Unistream Remittances in Armenia Can Be Received Online
If you want to make a transfer to Armenia, there is no need to leave the house — you can use Unibank Mobile application.
Brookings Institution Press Publishes a Book "The Future of Microfinance"
New book tells the important story of how microfinance developed, how it has met the needs of hundreds of millions of people, and addresses key questions about how it can continue to meet those needs in the future.
IFC Mobilizes $2B in Credit Capacity From Insurers to Expand Lending to Financial Institutions
IFC has partnered with six global insurance companies to mobilize $2 billion in credit capacity under the Managed Co-Lending Portfolio Program (MCPP).
IFC Finances Garanti BBVA to Support Turkish MSMEs Amid the COVID-19 Pandemic
IFC is providing a $50 million senior loan to Garanti BBVA to help micro, small, and medium enterprises weather the effects of the COVID-19 pandemic.
COVID-19: FNFI Backs Nine Microfinance Institutions
The National Fund for Inclusive Finance is putting in place mechanisms to support its partnering microfinance institutions amidst the COVID-19 crisis.