In the current environment there has been significant growth in adoption of contactless payments, both globally and in India.
Nepali missions abroad are verifying applicants’ status before recommending their names to the government to provide them airfare from Migrant Workers Welfare Fund.
The Islamic Corporation for the Development of the Private Sector (ICD) is Committed to Strengthened the Islamic Finance During the COVID 19
Global Islamic Banking and Finance learning series is launched by AlHuda CIBE.
IFC Finances the City Bank to Help Bangladeshi Companies and Small and Medium Enterprises Impacted by COVID-19
The financing package is part of IFC’s $8 billion global COVID-19 fast-track financing facility, which aims to help companies stay in business.
The collaboration enables UNFCU members to transfer money to mobile wallets in select countries in local currencies.
The State Bank of Pakistan has extended a number of measures taken to mitigate the impact of COVID-19 from their original deadline of 30 June / 30 September, to 31 December.
Sri Lanka: IFC Supports Commercial Bank of Ceylon to Expand Access to Finance for Women and Women-Owned Small Businesses
IFC will support developing more specially-designed products and services for women, as part of a move to help boost access to finance for women.
The value of transactions on the Unified Payments Interface, a platform created by India’s largest banks in 2016, reached an all-time high last month as people feared to handle banknotes amid the pandemic.