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How Banks Can Work with Fintechs to Meet Evolving Digital Payments Needs

With the backdrop of the global COVID-19 pandemic, the need for new and evolving digital payment services has become even more urgent.

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Coronavirus Brings Asia's Booming Online Lending Sector to Juddering Halt

The UK-based company shuttered its India business on 13 April as 10 out of 14 lending partners withdrew their products within three days of the launch of a nationwide lockdown.

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India: May Digital Payments See an Uptick, Indicating Revival in Economic Activity

Digital payments saw a revival in May, after the government granted some relaxation during the third and fourth phases of the lockdown.

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Podcast: Banking on Women and the Underserved During COVID-19

Mary Ellen Iskenderian joins Fintech Beat to discuss how COVID-19 could end up revolutionizing how low-income women access capital.

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Sri Lanka’s Economy Hit by Coronavirus: Decline in Earnings From Tourism, Remittances

The unprecedented crisis triggered by the coronavirus pandemic has severely dented Sri Lanka’s economy, causing a steep fall in the earnings from tourism, remittances and outflow of foreign investment, the nation’s central bank has said.

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Overseas Filipino Workers in UAE Can Now Send Money Home for Free, Thanks to Gcash-Denarii Cash Tie-Up

Both Denarii Cash and GCash share the same commitment of offering convenient and affordable financial services to Filipinos.

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Remittances to Yemen Plummet as Needs Surge Amid War and Coronavirus

The World Bank estimates that one in ten people in Yemen wholly rely on money transfers to meet their basic needs. Remittances to Yemen in 2019 totaled $3.8 billion - 13% of GDP.

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Contactless Self-Service Lockers Now Available for Financial Institutions

In light of the COVID-19 pandemic, FTSI, an independent provider of branch and digital transformation solutions for financial institutions, has introduced a new product, Smart Lockers for Banking.

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Sri Lanka: Genie, BOC Partner to Increase Digital Payments via Mobile Wallet Solution

Sri Lanka-based fintech Genie has partnered with Bank of Ceylon to act as the financial acquirer and digitize payments through its mobile wallet solution. 

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MIX and CFI Announce Strategic Integration to Drive Industry Knowledge for Inclusive Finance

Bringing together deep data expertise and thought leadership in financial services will yield crucial insights in service of broader development goals.