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 Inclusive Financial Ecosystem program has been implemented in 44 rural areas by involving the Regional Financial Access Acceleration Team (TPAKD) and financial service institutions.

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.

The award, which was given by the Financial Services Authority, recognizes  BNI's initiatives to help micro, small, and medium enterprises (MSMEs) owned by people with disabilities through financing.

Under the strategic partnership, Lexasure’s digital insurance offering for farmers, Flourish, will be integrated with the AgriON app, providing easy access to purchase and manage agricultural insurance to provide farmers with greater resiliency against adverse events. 

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The enactment of the new regulation could majorly update the the Indonesian Financial Services Authority's stated goal of maintaining a stable and transparent financial sector while protecting consumers and society.

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.

IFC invested $5 million in equity to finance AwanTunai with the goal to bolster growth opportunities for micro-retailers -- many of them women – who are part of an industry made up of some 30,000 wholesalers and three million merchants.

A breakthrough in risk management is needed through adequate information support by the Financial Services Authority.