Source: en.wikipedia.org
Remitly, which works to provide remittances and financial services for immigrants, announced an $85 million funding round amid a worldwide surge in demand for those...
The World Bank distributes about $25 billion a year to countries through governments that identify areas where investment is needed and capital can be deployed...
The world remittance fall-off anticipated because of the coronavirus pandemic could have serious effects for numerous countries, according to a Financial Times report that cited the...
The coronavirus is spurring governments and companies to take action to help businesses and individuals. Here are the latest updates on the coronavirus around the...
The World Bank has downgraded India’s GDP forecast due to a decrease in domestic demand. “India’s cyclical slowdown is severe,” the report said, according to...
The World Bank estimates that there are approximately 1.1 billion individuals worldwide without basic ID credentials — a significant obstacle when attempting to access essential...
The World Bank announced it has raised $33 million from investors for its blockchain-based “Kangaroo” bond, Bond-i. The bond, which is due August 2020, is...
FIs and enterprises are facing increased pressure to make cross-border payments fast and seamless as consumers grow used to such products in other sectors. The...
The International Monetary Fund (IMF) and the World Bank are partnering up to launch a private blockchain and “quasi-cryptocurrency.” The asset, “Learning Coin,” will be...