The five-year initiative aims to advance digital financial inclusion for 20 million people, especially women, small holder farmers, and nano, micro and small enterprise owners across low- and middle-income countries in Africa, Asia and Latin America.

Lack of a formal IDs slows economic growth by limiting who can participate in the formal economy.

Visa recently teamed up with Oxfam America to serve as a payments partner in the Philippines, Columbia, Puerto Rico and Kenya.

This investment solution aims to provide long-term financing to innovative agribusinesses with the goal of mitigating climate change, reducing food loss and promoting climate change resilience in their value chains.

The program is designed to increase climate lending by participating banks in Egypt, Mexico, the Philippines, and South Africa to 30 percent of their portfolios by 2030.

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