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Bangladesh: Govt Cash Gift for Corona-Affected Family Disbursed Through Rupali Bank SureCash

The government is providing direct cash assistance to 5 million Corona-affected families.

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Visa’s Digital Dollar Concept Opens a Door to Central Bank Currencies

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.

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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.

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Coronavirus: How Cash-Mad Philippines Learned to Love Digital Money Thanks to COVID-19

Online payments have been slow to take off in the Philippines, where cash has long been king.

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Pakistan: FINCA Staff Donates PKR 2M to PM’s COVID-19 Relief Fund

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.

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Singapore Offers More Grants to Help Fintech Firms Ride out Pandemic

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.

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Zimbabwe: COVID-19 - Zimbabwe's Smallholder Farmers Step Into the Food Supply Gap

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.

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More U.S. Banks, Credit Unions Given Remittance Fee Exemptions

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

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Major Step Forward to Improve Access to Finance in Pakistan Amid COVID-19

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.