The conference highlighted the need for a national regulatory framework for savings groups and the establishment of an Apex organization to support them.

The loan will have a five-year tenor and a three-year grace period, helping Banco BICE increase and diversify its long-term financing to support the housing portfolio growth.

To boost the contribution of small businesses and empower them to unlock their full potential, Mastercard pledged to bring 50 million SMMEs worldwide into the digital economy by 2025.

Financial Inclusion Grants direct funding to organizations serving minority populations in policy areas covered by the report: affordable housing, business ownership, childcare, education, employment, and health access and outcomes.

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.

The event underscored Mastercard’s commitment to advancing economic growth through innovative digital payment solutions and strategic collaborations in the country.

The collaboration will alleviate key technical and commercial barriers to entry that fintech companies, aggregators, enablers, payment service providers and telcos face when launching payment programs.

The newly adopted rules are intended to address several critical areas of concern, particularly regarding the use of certain types of land as collateral for loans, the handling of personal identification documents, and the provision of credit to vulnerable households.

’Chegebeya’ translated as ’Che Market’ aims to revolutionize the financial ecosystem for Micro, Small, and medium enterprises (MSMEs) in Ethiopia by modernizing the supply chain of Fast-Moving Consumer Goods.

NOW Money’s partnerships with CBI and Network International enhance digital banking services for underbanked migrant workers.