The Belize Bank Limited—along with a fintech solutions provider, Wallet Factory—are the first in the region to launch a digital wallet app providing access to online banking services for Belizean customers.

Data from the State Bank of Vietnam shows that the number of non-cash transactions has been on a rise in Vietnam during the pandemic.

The mission of the collaboration lies in the improvement of financial services in the Central American and Caribbean regions.

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