50 Nations Promised Cash to Fight COVID-19
50 nations promised cash to fight Covid-19, but few, like India and Bangladesh, are doing it right. India’s trinity of Jan Dhan, Aadhaar, and mobile communications — or JAM — can work wonders if it is used extensively to reform citizen–state engagement.
Banks and Microfinance Institutions to Remain Fully Operational During COVID-19 Crisis
The Association of Banks in Cambodia (ABC) and the Cambodia Microfinance Association (CMA) have announced that all services will continue to be offered throughout the current COVID-19 pandemic, according to a joint statement by the ABC and CMA released last week.
Fintech Startup Robinhood Raises Fresh Funds at $8.3 Billion Valuation
Fintech startups have been attracting a flood of investments since last year and the pandemic is accelerating the trend as more customers look to pay without contact.
SFA & Razer Team Up to Provide Relief to Fintech Firms
As the growing pandemic continues to plunder on, the Singapore Fintech Association (SFA) and Razer have teamed up to provide financial assistance to local Singaporean fintech companies.
Galileo Is Going in for the Mexican Fintech Market, Partnering With Klar
Galileo, like many financial businesses from abroad, sees potential in this country’s market.
The Digital Rupee — Is India Ready for the Next Wave of Digital Payments?
Going forward, it is critical for India to build an accessible, inclusive and resilient payment system that can withstand sustained shocks in the aftermath of the COVID-19 crisis.
India: Digital Lenders Struggle to Cope With Slowdown Induced by Virus
Digital lenders are seeking guidelines for full digitization and allowing eKYC and eSign mandates.
The BBVA Microfinance Foundation Pandemic Work Engages the Interest of Spain's Queen Letizia
Queen Letizia joined the Foundation on a videoconference to discuss how COVID-19 is impacting Latin American micro-enterprises and to learn about the measures put in place in the five countries BBVAMF operates.
Pakistan: Jazzcash Taps Mastercard for Digital Payments
In a statement, JazzCash owner Veon, said in addition to an opportunity to widen access to digital payments, the partnership would improve financial inclusion during the COVID-19 pandemic.
IFC, Proparco Join Efforts to Maximize Development Impact and Accelerate COVID-19 Recovery
The joint collaboration aims to create markets, mobilize private sector investment, and support economic recovery in developing countries in the wake of the COVID-19 global crisis.