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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.

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European Payment Giants Join to Form an Industry Alliance

The body will try to influence the EU laws for the payments industry.

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Worldwide Foundation for Credit Unions Launches Digital Campaign

‘Everyone Deserves Digital’  is being launched "because digital services are no longer a convenience - they’re a health necessity," executive director of the Worldwide Foundation said in a statement.

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Colombia: IFC $100M Loan to Davivienda Supports Women-owned SMEs, Housing, Agribusiness

The loan will boost the bank’s ability to increase its lending for low-income housing, women-owned small and medium enterprises, and sustainable agribusiness projects in the country.

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Pakistan: Jazzcash Taps Mastercard for Digital Payments

In a statement, JazzCash owner Veon, said in addition to an opportunity to widen access to digital payments, the partnership would improve financial inclusion during the COVID-19 pandemic.

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India: Digital Lenders Struggle to Cope With Slowdown Induced by Virus

Digital lenders are seeking guidelines for full digitization and allowing eKYC and eSign mandates.

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IFC, Proparco Join Efforts to Maximize Development Impact and Accelerate COVID-19 Recovery

The joint collaboration aims to create markets, mobilize private sector investment, and support economic recovery in developing countries in the wake of the COVID-19 global crisis.

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The BBVA Microfinance Foundation Pandemic Work Engages the Interest of Spain's Queen Letizia

Queen Letizia joined the Foundation on a videoconference to discuss how COVID-19 is impacting Latin American micro-enterprises and to learn about the measures put in place in the five countries BBVAMF operates.

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SFA & Razer Team Up to Provide Relief to Fintech Firms

As the growing pandemic continues to plunder on, the Singapore Fintech Association (SFA) and Razer have teamed up to provide financial assistance to local Singaporean fintech companies.