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MTN Bolsters Mobile Financial Services Business During COVID-19

MTN today said the spread of Covid-19 epidemic has accelerated the adoption of mobile financial services in Africa.

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Mastercard Expands Financial Inclusion Initiative

Mastercard says it is expanding its worldwide commitment to financial inclusion by pledging to bring a total of 1 billion people and 50 million micro- and small businesses into the digital economy by 2025.

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Moneygram Reports Jump in Mobile Wallet Transfers

International remittance provider MoneyGram flagged a rapid increase in transactions made to mobile wallets during May, as lockdown measures due to the COVID-19 pandemic continued across several countries.

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Sudan Embraces Digital Payments to Build a More Inclusive Economy

Sudan Joins United Nations’ Better Than Cash Alliance to Drive Financial Inclusion and Transparency

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CGAP Launches Global Microfinance Survey to Inform COVID-19 Response

The survey is intended to gather data that MFI management teams, funders and policy makers all need to help these institutions and their low-income clients weather the COVID-19 (coronavirus) crisis.

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e-MFP Launches Special Edition COVID-19 Financial Inclusion Compass Survey

Originally the 2020 Compass survey was planned to be open over the summer. However, as the impact of the COVID-19 pandemic on the sector has become apparent, e-MFP decided to take advantage of the methodology, brand, goodwill and expertise developed in the previous two editions to re-purpose this year’s survey.

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Singapore: MAS to Host $1.25 Million COVID-19 and Green Finance Challenge

The global fintech challenge aims to offer solutions that can help financial institutions grapple with the existential threats posed by COVID-19 and climate change.

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Accelerating Digital Transformation During the Coronavirus Crisis

Due to the restrictive measures introduced by governments in all of Advans' countries of operation to prevent the spread of COVID-19, many of the branches have had to reduce or suspend services.

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India: Paytm's 'Spend Now, Pay Next Month' Option Available at Local Kirana Stores

Paytm has expanded Paytm Postpaid facility to offline retail outlets and neighborhood kirana shops.

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India: Paytm Deepens Micro-Credit Foray as Other Firms Shy Away

Paytm ties up with Non-bank financial institutions (NBFCs) to use past-transaction data to assign credit limits for loans for daily purchases of grocery, retail goods.