All News and Announcements

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News

FPC Releases Guideline for Financial Institutions on Instant Payments

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.

News

Iowa Credit Union Foundation Announces $50,000 in Grants to Increase Financial Inclusion in Iowa

Financial Inclusion Grants direct funding to organizations serving minority populations in policy areas covered by the report: affordable housing, business ownership, childcare, education, employment, and health access and outcomes.

News

Grameen America Plans to Invest $40 Billion for Underserved Women of USA in Next Ten Years

To expand access to affordable capital for women entrepreneurs, Wells Fargo made a $3.25 million grant over three years to help Grameen America expand its operations to Phoenix, Arizona and advance the organization’s technology and digital platforms. 

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Jordan: UNRWA Microfinance Department Opens 9th Branch in Russiefa to Further Service for Palestinian Refugees

UNRWA Microfinance Department inaugurated its 9th branch in Russiefa reaffirming its commitment and continuous services to Palestine refugees in Jordan.

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United States: Native CDFIs Connect Indian Country to Credit and Capital

Native Community Development Financial Institutions (CDFIs) emerged to help address credit and capital challenges and provide Native communities and residents with an alternative to mainstream banks.

News

Jordan: Tamweelcom Secures Green Financing for Climate-Resilience Projects

The European Bank for Reconstruction and Development, alongside the European Union and the Green Climate Fund, has announced a financing initiative for Jordan's microfinance institution, Tamweelcom, under the Green Economy Financing Program.

News

OppFi Addresses Financial Literacy Through Social Impact Collaboration With Financial Education Platform Zogo

OppFi and Zogo bring together expertise and resources to tackle ongoing financial challenges faced by everyday Americans.

News

Mizuho Americas Increases Its Commitment to Grameen America

Mizuho provided $5 million in debt capital to Grameen America and its microlending program as part of the firm’s ongoing commitment to CDFIs and financial inclusion.

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EBRD And Green Climate Fund Join Forces to Boost Climate Finance In Jordan

The investment aims to allocate the loan proceeds towards climate change mitigation and adaptation technologies, focusing on local MSMEs, including women-led enterprises.

News

Iowa Credit Union Foundation Announces $150,000 Grant Initiative to Increase Financial Inclusion in Iowa

The Iowa Credit Union Foundation recently announced a new three-year, $150,000 investment in a grant initiative that will address barriers to financial well-being for minority populations in Iowa.