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YCASH Enrolls in New Partnerships with Humanitarian Agencies and Deploys Humanitarian Transfers Platform and a National Digital Wallet

The Humanitarian Transfers Platform enables humanitarian agencies to execute transfers directly to their interventions beneficiaries without a third party.

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Mastercard Partners with Central Bank of Iraq to Advance Digital Payments

The aim of the partnership is to boost financial inclusion, encourage socio-economic development, mitigate the risks of a shadow economy and accelerate the growth of a cashless society.

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Symbiotics Launches Tameo, an Independent Spin-off Focusing on Enhancing Impact Funds With Support Services

The new company offers reference products to impact investors and fund managers, centered around research, impact and investment solutions.

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UAE Central Bank Extends Economic-Support Program Until Mid-2022

Banks can draw on the facility to provide new loans and financing to individuals, small and medium-sized enterprises, and other private corporates affected by the virus fallout.

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BankIslami and TPL Life Come Together to Bring Comprehensive COVID Coverage for Their Customers

The plan is a result of a partnership between two of the country's foremost institutions that are offering Islamic finance and takaful solutions for the benefits of masses across the country.

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IFC, JC Flowers Launch Platform to Help Indian Financial Institutions Resolve Distressed Assets

Under the project, an expansion of IFC's Distressed Asset Recovery Program's work in India, IFC will invest up to $100 million in the J.C. Flowers India Opportunities Fund if certain conditions are met, with an initial commitment of $40 million.

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Microfinance Sector Undergoes Reforms Despite Present Cash Crunch

The new reforms plan and package of proposals with special focus on poor rural women will be presented to the Parliamentary Select Committee on Gender Equality within a month.

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WEE-DiFine Initiative: Request for Proposals for Small Grants up to $50,000

Based at the BRAC Institute of Governance and Development in Bangladesh, the Initiative supports rigorous research projects exploring this theme in South Asia and Sub-Saharan Africa.

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Grassroot Strategy to Realize Financial Inclusion in Indonesia

Indonesian technology company Grab, one of the biggest names looking to make a mark in the segment, is engaged in expanding financial inclusion by adopting a grassroots strategy.

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Symbiotics Becomes a Certified B Corporation® Rated Among the Highest in Switzerland

The results of the very comprehensive B Impact Assessment provide an important benchmark for the company and a path to further improve certain areas and take specific actions in the years to come.