The U.S. Patent office on Friday published a Visa patent application to create a technology gateway that could allow central bank currencies for any nation to be digitized.
Mongolia: IFC and Financial Regulatory Commission Join Hands to Develop Green Finance and Improve Access to Funding for Small & Medium Enterprises
The initiative aims to develop green financing, as well as improving access to financial products and services for the country’s micro, small and medium enterprises.
The donation was a part of a local initiative in which FINCA employees contributed a day’s worth of salary towards COVID-19 relief in appreciation of the country’s need in this time of crisis.
The SG$6 million ($3.44 million) grant can be used by local fintech companies to cover their daily working capital expenses and finance new product development work with financial institutions.
Smallholder farmers have long been feeding this Southern African nation by producing the bulk of the country's maize staple, according to the Ministry of Agriculture.
More U.S. banks and credit unions will be allowed to estimate the international remittance fees they charge consumers in instances when it may be too expensive to provide exact figures under a new rule issued on Monday.re
Pakistan’s micro, small and medium sized enterprises and individual consumers are set to benefit from the creation of an electronic registry that allows for the country’s financial institutions to use moveable assets as collateral for loans.