All News and Announcements

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New ITU Cyber Resilience Toolkit Builds Trust in Digital Finance

The toolkit is a product of the ITU Security Lab for Digital Financial Services. By working with the lab, regulators in emerging economies can ensure secure infrastructure and applications to expand financial inclusion.

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WOCCU ‘Hub C’ Initiative Allows Credit Unions to Test Digital Innovations

World Council of Credit Unions (WOCCU) yesterday launched a new initiative that allows credit unions in emerging markets to test innovative digital products and solutions that could benefit members and attract new customers.

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Crendly’s Character-Based AI Revolutionizes Access to Finance in Nigeria

The AI-driven nature of Crendly’s API will extend new capabilities to financial institutions by adapting and growing with new data to allow them transcend traditional boundaries in credit provision.

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Blockchain Firm Jia Records $2M in Microfinance Originations in the Philippines, Kenya

Blockchain plays a pivotal role in the success of this microfinancing model, from transparency, security, and efficiency to serving as a strategic tool in capital markets and global financial inclusion.

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IFC’s $56-Million Investment in Global IME Bank to Bolster Gender and Climate Financing in Nepal

The aim of the investment is to boost competitiveness in the small and medium enterprise finance market while also improving financial inclusion, creating jobs, and supporting the nation's climate goals. 

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Digital IDs Support Financial Inclusion in PNG, Govt Services in Cyprus, Bosnia, Barbados

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

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Fintech Promotes Financial Inclusion in Bahrain

Bahrain hosts much of the most innovative fintech activity, including wider access to financial services.

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Climate Finance: Fintech Nithio Raises $10 Million for Its African Operations

The $10 million funding will enable Nithio to extend its financing to distributors of solar home systems and solar appliances for productive use, such as lighting, communication, irrigation and cooling systems for households and businesses.

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Genzaar Platform Is Transforming Financial Literacy Through Gaming and Innovation

The pioneering platform has recently gained recognition by being selected for the prestigious UK Libra accelerator program. It collaborates with banks and other partners to provide users with practical experience in managing finances.

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USAID Signs Agreement to Support the Expansion of Union Bank’s Women-Focused Financial Services

This impactful collaboration will promote financial inclusion by addressing the specific needs of female customers in the banking sector through in-depth market research, a robust Customer Value Proposition, and strategic linkages with Sri Lankan women and women-owned Small and Medium Enterprises.