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The Reserve Bank of India (RBI) on Friday said it has come across instances of micro lenders and non-bank financiers charging high, 'usurious' interest rates on small-value loans, reminding them to judiciously use their pricing power. 

The South African Reserve Bank (SARB) has unveiled an ambitious roadmap that seeks to usher in a cashless era, prioritizing financial inclusion and economic growth.

This one-year program provides personal and professional growth opportunities and enables you to make an impact in the global financial landscape. 

Licensed digital/online money lenders, who are diverting from the newly issued digital lending guidelines issued in March by the Uganda Microfinance Regulatory Authority (Umra), risk having their licenses revoked, the sector regulator has warned.

This Note discusses the expansion of access to finance for forcibly displaced persons and the unique challenges it presents for financial regulators and supervisors.

Amid the enthusiasm to expand and scale digital public infrastructure (DPI) models to dozens of new markets, this report explores the opportunities for DPI to be built and deployed responsibly for three fundamental elements of financial inclusion: identity (ID), payments, and consent-based data exchanges. 

AFI and Vodacom held a unique capacity building event which saw them alternate the roles of trainer. 

By streamlining cross-border payments and reducing reliance on third-party currencies, initiatives like these promote financial inclusion and stability.