All News and Announcements

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News

UAE’s myZoi Launches Financially Inclusive Digital Wallet With “One-To-Many” Transfer Capabilities

The digital wallet promises to reduce remittance fees for underbanked employees in the UAE by enabling transfers to up to five people for the price of one.

News

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.

News

Register Now and Save $400: 2023 Making Finance Work for Women Global Summit

Join financial inclusion leaders from around the globe to accelerate HER economy!

News

Kamel Pay and Mastercard Launch New Card Propositions to Drive Financial Inclusion in the UAE

The partnership will see the launch of two unique card products designed to meet the growing needs of businesses and underbanked individuals, supported by a feature-rich digital app powered by Mastercard’s secure, contactless payment technology.

News

Ngern Tid Lor PCL is IFC’s First Investment in a Non-Banking Financial Institution in Thailand to Support MSMEs

The investment aims to support a resilient recovery by promoting business growth, creating jobs, and fostering financial inclusion.

News

Thailand's Fintech Comes of Age

Ongoing shifts toward e-commerce, digital payments (including contactless), and instant payments have all been significantly boosted during the pandemic with real-time payments surging by 104 percent.

News

Thai Household Debt Skyrockets from Credit Cards, Loans and Car Loans

The Bank of Thailand has been asked to review the ceiling of interest rates and supervise credit cards, personal loans and car loans, as the Thai government has vowed to tackle high household debt, incurred by credit card and personal loans.

News

UAE Central Bank Extends Economic-Support Program Until Mid-2022

Banks can draw on the facility to provide new loans and financing to individuals, small and medium-sized enterprises, and other private corporates affected by the virus fallout.

News

Digital Payments — Not Cash — Is Now King in Asia’s Payment Ecosystem

Notwithstanding border restrictions, the region’s digital payments ecosystem is growing as countries collaborate to connect their domestic payment systems.