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IFC Helps Banco Agricola Increase Access to Finance, Respond to COVID-19 Pandemic in El Salvador

The financing package aims to support micro, small and medium enterprises, women-owned SMEs, housing for underserved segments, and climate-smart investments, including green buildings.

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Bancamía and IFC Sign Cooperation Agreement to Develop Financial Products and Services for Venezuelan Migrants in Colombia

The cooperation aims to strengthen the offer of financial products and services to Venezuelan migrants, especially women, with the aim of helping them successfully integrate into the country's social and economic dynamics.

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ADB Loan To Boost Financial Inclusion in the Philippines

"COVID-19 has underscored how important digital systems and contactless transactions are for economic resilience."

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COVID-19 Hits Remittances To Vietnam

Overseas remittances are expected to fall short of the target this year due to the economic crisis caused by the COVID-19 pandemic and shutdowns around the world.

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FINCA Haiti Secures 100 Million Gourde Revolving Loan Facility From Banque Nationale DE Crédit

This is the first local source of funding and will bolster the microfinance institution’s ability to serve low-income entrepreneurs.

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How Credit Unions Are Putting Digital To Work for Their Members

Digital accelerated to the forefront amid the COVID-19 pandemic, but it’s become clear as governments lift stay-at-home orders that it’s now many consumers' preferred way of getting things done.

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India: Government Survey To Focus on Migrant Woes and Assess Remittance Risk

The household survey will also capture remittance risks to the rural economy until the pandemic is contained.

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IFC and ECCB Partner To Expand Financial Access for SMEs in Eastern Caribbean Currency Union

The objective is to create a centralized, shared registry in the region that can be customized to each country’s particular case.  

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Airtel and MoneyGram Partner To Enhance Money Transfer in Africa

The partnership enables Airtel Money’s 19 million customers to receive MoneyGram transfers directly into their mobile wallets from around the world.

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B2B PAYMENTSSri Lanka’s NSB To Utilize ACI for Fraud Detection

Digital payment software and solutions firm ACI Worldwide will be working with Sri Lanka’s National Savings Bank to implement a new solution for mitigating fraud.