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India Making Rapid Strides in Bridging Digital Payments Divide: Mastercard

In the current environment there has been significant growth in adoption of contactless payments, both globally and in India.

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Nearly 5,000 Nepali Workers Apply to Return Home on Government Support

Nepali missions abroad are verifying applicants’ status before recommending their names to the government to provide them airfare from Migrant Workers Welfare Fund.

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Bangladesh: Remittance Hits Record High in July

Many expats have been sending money as part of their preparation to return home due to joblessness abroad.

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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.

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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.

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United Nations Federal Credit Union Partners With Thunes for Mobile Money Transfers

The collaboration enables UNFCU members to transfer money to mobile wallets in select countries in local currencies.

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State Bank of Pakistan Extends COVID-19 Mitigation Measures Till December

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.

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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.

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Coronavirus or Demonetization? Which One Helped India’s Digital Payment More?

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.

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COVID-19: Augmenting Farmer Access to Long-Term Credit

Failing to protect farmers amid the novel coronavirus disease (COVID-19) pandemic can worsen India’s agrarian distress.