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Remote Business Coaching Made Sense Even Before COVID-19 – Now it’s a Necessity
The coronavirus is forcing us all to do things differently. But as Donna Rosa argues, in some cases that may be a good thing. For instance, microenterprises in low-income countries have long needed basic business management skills, yet the development sector has often failed to deliver this training effectively. Now, as the COVID-19 pandemic pushes many interactions online, she argues that it’s time to increase the focus on distance coaching for these small businesses.
- Categories
- Coronavirus, Education, Entrepreneurship
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Brazil Undertakes Massive Tech-Enabled Financial Inclusion Exercise With “Coronavoucher”
Millions of unbanked citizens are receiving the government's emergency financial aid through a mobile app.
- Categories
- Coronavirus, Finance, Technology
- Region
- Latin America
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Viewpoint: Let FinTech Help Jumpstart The Economy
There is no doubt that the $2.2 trillion U.S. government stimulus package in the form of The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) will help deal with at least some of the economic consequences resulting from this pandemic crisis. The package includes unemployment benefits, loans to small businesses, $1,200 direct payments to individuals and a $500 billion Federal initiative to corporations. But there are several challenging issues with the administration of the CARES Act with which FinTech companies could prove extremely helpful, if given the opportunity to help.
- Categories
- Coronavirus, Finance
- Region
- North America
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Coronavirus Could Turn Back the Clock 30 Years on Global Poverty
Half a billion people could be pushed into poverty as economies around the world shrink because of the coronavirus outbreak, a new study has warned.
- Categories
- Coronavirus
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With 61% of Loan Book Tied up in High-Risk Microcredit, Bandhan Bank Feels the Heat of Coronavirus Lockdown
The nationwide lockdown to fight COVID-19 presents a major crisis for banks with high exposure to the microcredit segment. With many small businesses on the verge of shutting down, loan repayments may stop.
- Categories
- Coronavirus, Finance
- Region
- South Asia
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Mobilizing Development Banks to Fight COVID-19
Both developed and developing countries urgently need large-scale funding to help maintain economic activity and jobs during the current pandemic. Fortunately, more than 400 development banks around the world can play a vital role in minimizing economic decline, supporting recovery, and financing structural transformation.
- Categories
- Coronavirus, Finance
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Southeast Asia’s Renewable Energy Transition Likely to Take Hit From COVID-19: Experts
Southeast Asian nations already struggling to meet climate change targets will find those goals further from reach, with the unprecedented health emergency becoming the principal priority and a major economic burden.
- Categories
- Coronavirus, Energy
- Region
- Asia Pacific
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Press Release: Mastercard Commits $250 Million To Support Small Business’ Financial Security
As part of the commitment, the company will provide U.S. small business owners with access to necessary resources to help protect their business and their employees through free cyber vulnerability assessments and identity theft protection for the 28 million small businesses eligible to participate in the Small Business Administration’s Paycheck Protection Program. Leveraging its data and insights, Mastercard will provide U.S. small business owners access to its Local Market Intelligence™ solution in order to help them understand consumer spending trends in their communities.
- Categories
- Coronavirus, Finance
- Region
- North America
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