CAF Financial Inclusion Lab 2022 opens its call for applications | Atalayar

CAF Financial Inclusion Lab 2022 opens its call for applications | Atalayar

CAF -development bank of Latin America- is organising the fourth edition of the Financial Inclusion Lab (LIF 2022) focused on finding digital solutions for the financial inclusion of women, with the aim of promoting the generation of technological solutions in the following areas:  – Solutions to improve women’s financial education and capabilities. – Solutions with financial

Cheap And Functional Mobile Phones, Affordable Internet Access, Necessary For Digital Finance In Developing Economies – World Bank

Cheap And Functional Mobile Phones, Affordable Internet Access, Necessary For Digital Finance In Developing Economies – World Bank

The president of the World Bank, David Malpass, has disclosed that cheap and functional mobile phones as well as affordable internet access are necessary for the expansion of digital finance in developing economies. He disclosed that the covid-19 pandemic influenced a digital revolution that has catalyzed the increase in access to and use of financial

Africa’s BEAC may Launch Common Digital Currency

Africa’s BEAC may Launch Common Digital Currency

The Bank of Central African States (BEAC), which serves Cameroon, Gabon, Chad, the Republic of Congo, Equatorial Guinea and the Central African Republic (CAR), could become the first regional bank on the continent to launch a common digital currency. BEAC was urged to advance the move by its board of directors in meetings held on

Digital challenger Varo Bank lays off 75 employees in effort to cut costs

Digital challenger Varo Bank lays off 75 employees in effort to cut costs

San Francisco-based digital bank Varo has laid off 75 members of staff as it looks to restructure in the pursuit of profitability. Varo Bank lays off 75 employees In an announcement on the bank’s website, CEO Colin Walsh says the firm is “not immune to the impacts of our current environment” and the job cuts

Prometeo Open Banking, a Latin American Company Leading Financial Services

Prometeo Open Banking, a Latin American Company Leading Financial Services

NO PURCHASE NECESSARY. PURCHASES DO NOT INCREASE ODDS OF WINNING. ODDS OF WINNING DEPEND ON NUMBER OF ELIGIBLE ENTRIES RECEIVED. VOID WHERE PROHIBITED. 1. Promotion and Sponsor. Participation in the Chispa & BELatina’s Date & Educate Sweepstakes promotion (the “Promotion”) constitutes Entrant’s (as defined below) full and unconditional agreement to these Official Rules. Entrant is free

How eWallets Can Help Address Financial Inclusion Challenges

How eWallets Can Help Address Financial Inclusion Challenges

Mikhail Miro, CEO at Wallet Factory & FinTech visionary with extensive background experience in banking and payment industry verticals. getty Improving financial inclusion has become a top priority within environmental, social and governance (ESG) frameworks. I see how isolated communities around the globe lack technology-enabled infrastructure and suffer from economic discrepancies due in large part

Deutsche Bank and Home Credit close ESG-linked loan focusing on financial inclusion and literacy

Deutsche Bank and Home Credit close ESG-linked loan focusing on financial inclusion and literacy

Deutsche Bank and PT Home Credit Indonesia (“Home Credit”), a global consumer finance company today announced they have closed a IDR156 billion (US$10.4 million) ESG-linked loan facility that focuses on performance targets linked to ESG principles. This is Home Credit’s first ESG-linked loan in Indonesia, as it seeks to deliver sustainable financial services and inclusive

Around 19 Million Merchants Utilizing QRIS: Bank Indonesia

Around 19 Million Merchants Utilizing QRIS: Bank Indonesia

TEMPO.CO, Jakarta – Bank Indonesia (BI) recorded that the number of merchants utilizing its Indonesian Standard Quick Response Code (QRIS) currently stood at 19 million since being launched on August 17, 2019. Of the total figure, 90 percent are micro, small, and medium enterprises. QRIS makes payments easier, cheaper, and faster, so that all parties are

why a national identity database is key to financial inclusion

why a national identity database is key to financial inclusion

Alessandro Hatami, Managing Director, Pacemakers.io Imagine life without access to a bank account. If you’re able to earn a living without one -and it’s a big if – the only choice you have when buying goods and services is to pay cash in physical stores. As a result, you are limited to the stores you