Global climate finance from multilateral development banks grew by 25 percent in 2023 to a record $125 billion, according to a report on Friday, with the fastest growth coming in richer countries.

Parabank, the world’s first digital bank focused on people with disabilities, is now launching credit and prepaid cards with a variety of benefits, including partnerships with rehabilitation clinics, a marketplace with products and services and access to investment services.

This strategic move supports AccessHolding's mission of financial inclusion, with AFG’s expertise in digital services enriching their offering.

This new fund is a significant step forward in Uncap's mission to support high-potential businesses driving economic growth in critical sectors such as agriculture, trade, logistics, climate resilience, and financial inclusion.

The US Faster Payments Council has released ‘Operational Considerations for Receiving Instant Payments’, a guideline for financial institutions on instant payments, including RTP and FedNow.

Divided into four categories — SME Financier of the Year, Best Financier for Women Entrepreneurs, Product Innovation of the Year, and Sustainable Bond of the Year — this recognition acknowledges the impact of financial institutions that empower small and medium-sized enterprises’ (SMEs) inclusion and facilitate their access to products and services.

Through the use of AWS cloud services, Krom Bank aims to reach these populations by offering secure and user-friendly digital banking services that empower individuals with better financial management tools.

The Mastercard Center for Inclusive Growth and RISE announce significant progress of their joint wage digitalization project in Egypt, which aims to enhance financial inclusion and resilience among garment workers.

The acquisition will support Tamweely’s domestic growth strategy and boost its competitiveness and resilience, enabling it to become one of the country’s leading microfinance providers.

Last call! Registration for Cracking the Nut 2024: Preparing for Accelerated Climate Change closes on Monday, September 23.