All News and Announcements
IFC and Nu Colombia Announce Alliance to Promote Financial Inclusion of Venezuelan Migrants in Colombia
The agreement will allow Nu Colombia to build the foundations to launch, in the future, a market strategy that promotes the financial inclusion of this population through access to digital financial services focused on savings accounts.
New Mobile Money Service Welcomed as a Tool for Financial Inclusion in Solomon Islands
Launched in June 2023 by the country’s largest telecommunications provider, the new mobile money service M-Selen aims to bring basic financial services to the fingertips of everyday Solomon Islanders.
WOCCU ‘Hub C’ Initiative Allows Credit Unions to Test Digital Innovations
World Council of Credit Unions (WOCCU) yesterday launched a new initiative that allows credit unions in emerging markets to test innovative digital products and solutions that could benefit members and attract new customers.
Blockchain Firm Jia Records $2M in Microfinance Originations in the Philippines, Kenya
Blockchain plays a pivotal role in the success of this microfinancing model, from transparency, security, and efficiency to serving as a strategic tool in capital markets and global financial inclusion.
Digital IDs Support Financial Inclusion in PNG, Govt Services in Cyprus, Bosnia, Barbados
Lack of a formal IDs slows economic growth by limiting who can participate in the formal economy.
Fintechs Transform Banking Landscape in Argentina, Reaching Full Population Coverage
The Argentinian Central Bank recently announced that, with the assistance of non-traditional players such as fintech, the financial system is on the verge of achieving full coverage for the adult population.
Visa and Oxfam America to Explore Bringing Pre-Disaster Financial Support to the Philippines, Kenya, Colombia, and Puerto Rico
Visa recently teamed up with Oxfam America to serve as a payments partner in the Philippines, Columbia, Puerto Rico and Kenya.
i2C and Banco de Credito Launch iO Banking App in Peru
Leveraging i2c‘s unified banking and payments technology, iO offers a range of features and benefits to its users, aiming to redefine the digital banking experience in Peru.
Samoa’s New Digital Payment System to Boost Financial Inclusion and Support Economic Activity
The new national digital payment platform, the Samoa Automated Transfer System (SATS), is expected to increase access to the financial system for all Samoans.
Thailand's FINNIX App Leverages AI for Financial Inclusion
The FINNIX mobile app, which is regulated by the Bank of Thailand, was developed by MONIX and offers microfinance loans through a completely digital process from loan application to approval and disbursement.