COVID-19: Changing the Landscape for Migrants and Remittances
COVID-19-Related Money Laundering and Terrorist Financing
COVID-19 FinDev Weekly Update | 24-30 April 2020
A roundup of the most relevant coronavirus-related news, resources and events from the past week
Cambodian Workers Owe $10 Billion in Microfinance Debt as COVID-19 Wipes out Incomes
With many Cambodians out of work, COVID-19 is also throwing another problem into sharp relief: that of precariously high microfinance debt.
SIDBI Extends Loan Repayment Term to 1-Year for NBFCs, MFIs
Small Industries Development Bank of India has extended the repayment period of loans to non-banking finance companies and microfinance institutions to one year from the 90-day period earlier.
Leading Microfinance and Impact Fund Managers Sign an MOUon Debt Refinancing Coordination Principles to Support the Sector During the COVID-19 Pandemic
BlueOrchard, Developing World Markets, Incofin, Microvest, Oikocredit, responsAbility, Triodos IM, Triple Jump and Symbiotics have signed a Memorandum of Understanding for coordination in response to COVID-19.
Singapore Fintech Association and Razer Fintech Partnered to Support Singapore's Fintech Industry Amid the Pandemic
The partnership aims to address key issues facing the industry, including business continuity, lack of funding, and brand awareness.
Hong Kong Alt-Lender Oriente Raises $50m as It Looks to Step up Efforts in a Highly Competitive Sector
Oriente will use the money to boost its growth in existing markets and further new developments in places like Vietnam.
Saudi G20 Presidency and the Bank for International Settlements Innovation Hub Invite Global Innovators to Find Solutions to the Most Pressing Financial Regulatory & Supervisory Challenges
TechSprint initiative will support the regulatory and supervisory responses against the COVID-19 pandemic.
Mastercard Builds on COVID-19 Response with Commitment to Connect 1 Billion People to the Digital Economy by 2025
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.