Search Results for: COVID-19

Seychelles: African Development Bank Approves $20 Million Loan to Support Covid-19 Recovery
Banking Finance News

Seychelles: African Development Bank Approves $20 Million Loan to Support Covid-19 Recovery

Fintech News Desk
by Fintech News Desk0
The government program aims to deepen reforms introduced through the Bank’s Covid-19 Crisis Response Budget Support Program The Board of Directors of the African Development Bank Group has approved a $20 million flexible loan to finance Seychelles’ Governance and Economic Reforms Support Program, expected to help drive the island nation’s macroeconomic......
CDC Group Announces US$50 Million Trade Finance Facility with Ecobank as Part of its Covid-19 Response
Banking Fintech Investments News

CDC Group Announces US$50 Million Trade Finance Facility with Ecobank as Part of its Covid-19 Response

Fintech News Desk
by Fintech News Desk0
This CDC facility will support the continent’s economic recovery and is expected to generate between US$70 – $140 million in additional trade annually Provides systemic liquidity and supports vital supply chains across Africa’s markets; Sustains and increases access to goods and services during the pandemic; Bolsters economic opportunities and inclusive......
cdcgroup
Finance Fintech News

CDC Group Announces US$50 Million Trade Finance Facility With Ecobank as Part of Its COVID-19 Response

Fintech News Desk
by Fintech News Desk0
This CDC facility will support the continent’s economic recovery and is expected to generate between US$70 – $140 million in additional trade annually Provides systemic liquidity and supports vital supply chains across Africa’s markets; Sustains and increases access to goods and services during the pandemic; Bolsters economic opportunities and inclusive......
Barclays extends COVID-19 Support Offered to UK Charities by Re-Opening Applications for Donations
Digital Fintech News

Barclays Extends COVID-19 Support Offered to UK Charities by Re-Opening Applications for Donations

Fintech News Desk
by Fintech News Desk0
Barclays extends 100×100 Programme to support communities impacted by COVID-19, opening applications for 50 further donations of £100k The programme forms part of Barclays’ £100m COVID-19 Community Aid Package, which has already supported 290+ charities, globally, since April 2020 From today until Friday 06 August, inspired by the work of......
A Year of Lockdown Sees a Surge in Mobile Malware Targeting Banking, Billing and COVID-19 Vaccines
Finance Mobile Banking News

A Year of Lockdown Sees a Surge in Mobile Malware Targeting Banking, Billing and COVID-19 Vaccines

Fintech News Desk
by Fintech News Desk0
McAfee’s latest Mobile Threat Report finds hackers capitalising on the pandemic to target unsuspecting consumers  News Highlights: McAfee’s new Mobile Threat Report reveals that 2021 is shaping up to be a year of malware misinformation and sneak attacks At the end of 2020 (Q4), total mobile malware detected by McAfee......
Covid-19 Spending Habits – Has The Pandemic Caused An Increase In Acquirer Fraud?
Digital Payments Guest Posts Risk Management

Covid-19 Spending Habits – Has The Pandemic Caused An Increase In Acquirer Fraud?

Justyna Bialobrzeska
by Justyna Bialobrzeska0
As the Covid-19 virus started to spread around the globe and a sharp economic downturn became apparent in many sectors, acquirers, and the financial institutions who maintain merchant accounts in order to accept card payments, faced a decline in the number of transactions being processed through their systems, and therefore......
Rising Expectation Of ‘Cashless’ Societies Worldwide: A Second Annual Report By The Economist Intelligence Unit (EIU), Shows Growing Acceptance Of Digital Currencies, Accelerated By Covid-19
Cryptocurrency Digital Digital Payments Featured News

Rising Expectation Of ‘Cashless’ Societies Worldwide: A Second Annual Report By The Economist Intelligence Unit (EIU), Shows Growing Acceptance Of Digital Currencies, Accelerated By Covid-19

Fintech News Desk
by Fintech News Desk0
Consumers are increasingly adopting cashless payment methods while governments are stepping up planning or piloting of central bank digital currencies (CBDCs) and companies are experimenting with accepting open-source digital currencies, such as Bitcoin, for treasury or portfolio allocation. A cashless trend was already strong, according to the previous year’s research......
In Law Firms and Accounting, Business Development and Marketing Take Hardest Hit from COVID-19, According to Global LexisNexis InterAction Survey
Finance Fintech News

In Law Firms and Accounting, Business Development and Marketing Take Hardest Hit from COVID-19, According to Global LexisNexis InterAction Survey

Fintech News Desk
by Fintech News Desk0
Majority of firms found business development to be more difficult, but high growth firms are investing more in marketing and business development Law firms and accounting and financial services (A&FS) firms both took big hits to their business development and sales efforts due to the Covid-19 pandemic with new strategies......
Embedded Finance Explored: How Financial Institutions Can Navigate New Territory Fintech Trends: Chinese Banking Giants Versus US / European Banks During COVID-19 How Retailers Can Expand Internationally, Whilst Protecting Themselves and Customers From Fraud
Banking Economy Featured News

Fintech Trends: Chinese Banking Giants Versus US / European Banks During COVID-19

Fintech News Desk
by Fintech News Desk0
Chinese banking giants are ahead of their counterparts in the US and Europe. The banking industry was always looking for a solid reason to build an automated crisis-proof infrastructure to adapt to an agile way of operations. The COVID-19 pandemic has changed that notion irreversibly forcing all major banks to......
Finance in Common Summit Spring Meeting: Public Development Banks Call for New Financing for Africa’s Recovery Post-COVID-19
Banking Capital Markets News

Finance in Common Summit Spring Meeting: Public Development Banks Call for New Financing for Africa’s Recovery Post-COVID-19

Fintech News Desk
by Fintech News Desk0
Participants in the meeting, hosted by the African Development Bank, brainstormed on joint actions that could help boost a strong and inclusive recovery in Africa A global coalition of public development banks today emphasized the urgency of immediate resources for Africa’s recovery post-Covid 19. Together, they committed to deepening cooperation......
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