Credit and Finance for MSMEs: Digital lending platforms with the principles of financial inclusivity will emerge as the heroes of the financial crisis.

As contactless payments become the norm amid the worldwide pandemic response, China rolled out its digital currency this month in four cities, setting it up to become the world’s first cashless society.

Additional liquidity bolsters financial network’s ability to deliver financial services to low-income entrepreneurs.

To help financial institutions during this coronavirus crisis, fintechs stepped up to help with contactless person-to-person mobile payments.

COVID-19 has closed bank and credit union (CU) branches across the United States, sending the demand for digital banking solutions soaring as consumers hop online to manage their finances from home.

Financiers across the spectrum are struggling to trace low-ticket borrowers, about a fifth of their customers, through virtual means.

JCB Co Ltd (JCB) is leveraging Asia’s leading fintech player, Soft Space Sdn Bhd’s (Soft Space) technological expertise to develop the Tap on Mobile program that capitalizes on Android smartphones.

Microfinance institutions have sent a distress call to markets regulator seeking to instruct credit rating agencies to delay the ratings on microlenders whose operations have been disrupted by the impact of COVID-19.

Mastercard this week expanded its worldwide commitment to financial inclusion, pledging to bring a total of 1 billion people and 50 million micro and small businesses into the digital economy by 2025.

TechSprint initiative will support the regulatory and supervisory responses against the COVID-19 pandemic.