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Defying Predictions, Nepal’s Remittances Still High

Despite dire predictions about a drastic drop in remittances that Nepal gets from its workers abroad due to the COVID-19 induced economic downturn, money transfers have remained steady. 

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Fintech Firms Offer To Help Disburse Government COVID-19 Funds

The Indonesian Fintech Lenders Association has offered to help accelerate the disbursement of national economic recovery program funds as the government struggles to amass the data needed to deliver the money to the right places. 

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Pandemic’s Effect on Remittances to Latin America Varied

As the COVID-19 pandemic froze the United States economy, not all Latin American immigrants living there were affected equally.

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Remittances to Mexico Hit Third Highest Level on Record in July

Remittances sent to Mexico, a major support for the Mexican economy and in particular for low-income families, continued its historic 2020 run and rose in July to the third highest level on record.

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New SCBF Project: First-Of-Its-Kind Digital Tele-Medicine and COVID-19 Insurance Product in Nepal

​​​​​​In response to COVID-19, the new SCBF product upscaling project supports a local insurtech company to implement a first-of-its-kind e-health value added service product with two core features: e-health tele-consultation bundled with COVID-19 insurance.

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Amazon's New Offerings Make India Centre of Fintech Push

Amazon.com Inc (AMZN.O) has added insurance and even gold to its menu of financial services in India, to expand its customer base and attract more subscribers to its Prime loyalty program in a battleground growth market.

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COVID-19 Crisis Lifts Kenya's Mobile Money Usage to $4.2 Billion a Month

The huge surge is attributed to a government measure instituted to curb COVID-19 spread by encouraging the use of mobile money payments.

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Mastercard and MDEC Ink MoU To Drive Electronic Payments and Accelerate Financial Inclusion

Private and public collaboration to focus on using digitalization to address a range of economic, commercial, and social issues.

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Saudi Arabian Savings App Hakbah Forms Partnership With Visa

The solution offers customers a convenient and simple method for Savings Groups’ habit.

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Symbiotics Appoints Théodore Economou as Head of Asset Management

Théodore joins Symbiotics from Lombard Odier Investment Managers, which he had joined in 2015 as CIO of the Multi-Asset Group.