All News and Announcements

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News

India and Ghana Accelerate Unified Payment Interface Integration for Seamless Cross-Border Payments

By streamlining cross-border payments and reducing reliance on third-party currencies, initiatives like these promote financial inclusion and stability. 

News

IDB Group Launches FINLAC, an Initiative to Promote Financial Inclusion in Latin America and the Caribbean

FINLAC, a joint effort by the IDB, IDB Invest and IDB Lab, serves as a one-stop shop for advancing financial inclusion, supporting governments, accompanying firms, and igniting innovation in developing and implementing effective policies, reforms and business practices to create inclusive financial markets in the region.

News

PayPal Extends Payment Options for Online SMEs With New Solution

PayPal is introducing a new offering that will enable small and medium-sized enterprises (SMEs) to accept a wider range of payments online.

News

TerraPay Joins Forces With Diamond Trust Bank Uganda, to Simplify Global Money Transfers in Uganda

This partnership is poised to significantly narrow the financial inclusion gap, streamlining the processes of money transfer, savings, and credit accessibility for individuals.

News

Paystand Launches Paystand.org: Fostering Financial Inclusion Through Blockchain Philanthropy

The initiative specifically addresses pressing challenges faced by emerging economies globally, such as financial inclusion hurdles, high inflation rates, limited banking access, exorbitant service fees, among others.

News

Advancing the Modernization and Integration of Payment Systems in the Western Balkans

With support from the World Bank, the Western Balkan economies are making significant progress in aligning their national payment systems with EU standards as part of their accession goals.

News

Orange Finances Money Mali and TerraPay Forge Strategic Partnership for Seamless Cross-Border Payments

This partnership marks a significant milestone in the digital financial landscape for Mali, connecting over 12 Million Malians to the vast diaspora residing across the globe.

News

Fintech Clara Launches Payment Account in Brazil Eyeing $1 B in Transactions

Latin American fintech Clara has launched a payment account in Brazil that it expects will help it reach $1.23 billion in transactions in 2024.

News

Grab Enables In-App Cashless Payments Via Fintech MoMo

The integration of MoMo into the Grab app allows MoMo to expand its services on one of the most popular platforms in Vietnam.

News

Vanuatu’s New Payment System to Support Digital Economy and Boost Financial Inclusion

People in Vanuatu are set to benefit from a new national digital payment platform, part of an ongoing transformation of the nation's financial infrastructure to build a modern, resilient financial system.