The new center will focus on ransomware, digital identity and authentication, platform security, and fraud prevention.

The digital wallet allows the Bank's customers to make payments directly from their mobile phone when making a purchase without the need to present a credit card.

Through a network of 23 branches and 63 active agents across the country, FINCA Malawi serves more than 70,000 clients offering individual and group loans, savings and insurance products specifically designed for low-income entrepreneurs.

The collaboration enables UNFCU members to transfer money to mobile wallets in select countries in local currencies.