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COVID Has Spurred a Digital Cash Revolution in Developing Countries
Alongside the setbacks, the past year has also seen low- and middle-income countries safeguard much of the progress they’ve made in various development areas.
- Categories
- Coronavirus, Finance, Technology
- Region
- Global
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Analysis: How the Cloud Is Helping Drive Financial Inclusion in India
By using a secure cloud infrastructure, digital banking providers can look to reduce infrastructure complexity and improve their security posture. In the process, they will be able to free up in-house IT teams to use their talent for higher-value tasks.
- Categories
- Finance, Technology
- Region
- Asia Pacific
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Mastercard and Paycode Partner To Improve Access to Financial Services in Rural Areas
Mastercard’s Community Pass platform will feature in Paycode’s Electronic Data and Payments Technology platform (EDAPT) that provides secure biometric identity including a digital bank account.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Growing Use of Cryptocurrency in Afghanistan Poses Security Concerns
If the Taliban were to adopt cryptocurrency as part of a national economic policy, it could aid efforts to circumvent sanctions. But these digital payments also poses concerns for Western security officials.
- Categories
- Technology
- Region
- North Africa & Near East
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FV Bank Raises $8 Million Series A Funding
Headquartered in Puerto Rico, FV Bank will utilize the funding to launch a digital asset custody solution, a debit card along with international expansion.
- Categories
- Finance, Technology
- Region
- Latin America
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Nigeria’s Kuda Bank Raises $55 Million At $500 Million Valuation
Nigerian FinTech startup Kuda Bank notched $55 million in a Series B funding round at a $500 million valuation as the digital bank seeks to expand into other countries across Africa.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Analysis: Ecobank Group And Microsoft Upskill Africa’s Small and Medium Enterprises To Succeed in a Digital Economy
The partnership is set to provide training to equip Small and Medium-sized Enterprises, across sub-Saharan Africa, digital skills and knowledge to succeed in today’s digital world.
- Categories
- Coronavirus, Entrepreneurship, Technology
- Region
- Sub-Saharan Africa
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Analysis: India’s Microfinance Sector Hit As Defaults Surge In Pandemic
Small loan specialists in India that typically cater to people without bank accounts are facing a jump in pandemic-related defaults that could force some of them out of business, industry experts warn.
- Categories
- Coronavirus, Finance, Health Care
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