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.
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.
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.
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.
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.
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.
Fintech Adoption: Mobile, Digital, and Contactless Payments Increasingly Being Used in Indonesia Due to COVID-19
Certain segments of the fintech industry, including digital, mobile, and contactless payments, have seen increased adoption in recent months, since the pandemic began.
AFC and GIZ Develop Tools for Financial Sector of Mozambique to Respond to COVID-19 Crisis
Guidelines intended to provide guidance on how to overcome the current crisis, generally make financial services business more resilient and to sustain/grow in the new reality.
Nampost Gets Concessional Loan of N$235 Million to Microfinance Pensioner Services
Public financial institution, the French Development Agency disbursed a concessional loan of N$235 million loan to finance the growth of NamPost’s microfinance business, specifically targeting NamPost’s microfinance activities aimed at pensioners.
Bank of Ghana Report Shows That Banks Withstand COVID-19 Shocks, SDIs Hit Hard
A new report by the Bank of Ghana (BoG) has indicated banks have been able to withstand the COVID-19 pandemic.