Philippines Pushes for Digital Wage Payments to Boost Financial Inclusion
The Bangko Sentral ng Pilipinas (BSP) and the Department of Labor and Employment (DOLE) are urging labor and employer sector leaders to transition to digital wage payments, highlighting the benefits of safe and efficient payroll solutions.
Triodos Financial Inclusion Funds Provide Finance to OnePuhunan
Looking at the client base of OnePuhunan, most women entrepreneurs are active in the trading sector, such as sari-sari stores and small grocery stores.
AFC Joins Global Enterprises to Offer Inclusive Digital Lending in the Philippines
The strategic alliance aims to strengthen the platform in the rapidly evolving consumer finance market in the Philippines.
GCash: Becoming the Philippines’ Leading Financial Super App
Following its latest investment, Mynt is now worth an impressive $5 billion, more than doubling its $2 billion valuation from the last funding round in 2021.
Microfinance Solar Loans: For Pakistan, This Can Be a Sustainable Road Ahead
Mobilink Bank is actively promoting climate finance in Pakistan, enabling individual borrowers and SMEs to access financing for solar energy products.
Empowering Small Giants: Inclusive Embedded Finance for Micro-Retailers
This report outlines various business models that incorporate last-mile retailers into digital ordering platforms, offering them convenience, transparency, and a wide range of products.
The IMF Has Raised the Alarm Bell on Pakistan’s Microfinance Sector. Where Does It Stand?
This concern is not new; the microfinance sector has been grappling with severe challenges for a couple of years.
UNSGSA Queen Máxima Visits the Philippines to Support Scaling Up Financial Services for Better Financial Health
The visit from 21-23 May 2024 will focus on advancing key foundational building blocks for financial inclusion—including connectivity, digital identification, and digital payments—as well as enhancing financial health and resilience against economic and climate-related challenges for Filipinos.
Tala Establishes a $48.5 Million Loan Channeling Partnership With Maya Bank to Increase Filipinos' Access to Financial Services
Fintech company Tala announced its partnership with Maya Bank, the digital bank leader in the Philippines, marking a significant milestone towards bridging the financial gap for millions of Filipinos.
Philippines: Community Bank Champions Women’s Empowerment Through Financial Inclusion
Since adopting the UN Sustainable Development Goals as part of its sustainability framework in 2010, BDO has reported that 66 percent of its micro, small, and medium enterprises clients for BDONB are women-owned as of 2022.