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US-based IDB Invest has partnered with IFC to launch the Amazon Finance Network in a bid to drive sustainable development in the Amazon region.
green finance, partnership, sustainability , financial institutions
The Industrial Development Bank (IDB) has announced its partnership with Mastercard to drive financial inclusion and support Egypt’s digital transformation strategy.
financial inclusion, partnership, banks, credit card, debit card
The World Bank has partnered with the Inter-American Development Bank to offer customers in Latin America and the Caribbean new opportunities and boots development.
partnership, mobile banking, online banking, digital banking, financial services, financial institutions, banking
Brazil-based fintech Nomad has raised USD 61 million in an investment round held by Tiger Global Management.
investment, digital banking, financial inclusion, fintech
The Argentina-based blockchain and digital identity DIDI Project has announced it will launch initiatives addressing digital government management.
partnership, digital identity, identity verification, digital onboarding
The Central Bank of Colombia (Banco de la República), IDB Group, and Banco Davivienda have launched the pilot of Colombia’s first blockchain bond.
central bank, partnership, cryptocurrency, blockchain
trade finance, banks
The Inter-American Development Bank (IDB) announced it had executed a cross-border payment using blockchain as part of a proof of concept involving Citi Innovation Labs.
cross-border payments, partnership, Citi, Consortium blockchain, blockchain
Citigroup has announced cooperating with the Inter-American Development Bank (IADB) to carry out a proof of concept for blockchain-based cross-border payments.
partnership, blockchain, tokenization, cross-border payments
The ITFC has signed a USD 10 million Line of Trade Finance Agreement with PJSCB Orient Finans to support private sector and SME development in Uzbekistan.
ITFC, PJSCB Orient Finans, SMEs, supply chain finance, trade finance, SCF, Uzbekistan, IsDB, OIC member
The African Export-Import Bank (Afreximbank) has announced a new USD 1.5 billion pandemic response facility in a partnership with the ITFC and Badea, according to Global Trade Review.
Afreximbank, ITFC, Badea, COVID-19, Africa, partnership, financial assistance, COPREFA, funding
ITFC, Mizuho Bank Malaysia, trade finance, International Islamic Trade Finance Corporation, Murabaha, Malaysia, financing , covid-19 response plan, Japanese, bank, OIC
Sberbank, trade finance, International Islamic Trade Finance Corporation, ITFC, Trade Solution, banks, Switzerland, Russia, Egypt
ITFC, Murabaha Financing Facility, City Bank Limited, Bangladesh, SME, trade finance, financing , coronavirus, OIC, local banks, private sector, global trade, IsDB Group, Covid-19 Response Package, grants, pandemic
The Export Development Authority (EDA) and the International Islamic Trade Finance Corporation (ITFC) have agreed to finance export programmes in Egypt.
The Export Development Authority, EDA, International Islamic Trade Finance Corporation, financing , trade finance, Egypt, MENA, fundin, financing , financial inclusion
The African Export-Import Bank (Afreximbank) has sealed an agreement with the International Islamic Trade Finance Corporation (ITFC) to receive a USD 100 million credit facility in order to promote Arab-Africa trade and investments.
Afreximbank, agreement, International Islamic Trade Finance Corporation, finance
NEC Argentina has signed a Memorandum of Understanding with NGO Bitcoin Argentina and the Innovation Laboratory of the Inter-American Development Bank Group (the IDB Lab).
NEC, inclusion, blockchain, ID project, Argentina, digital identity, digital wallets, financial services, economic inclusion, IDs
Paul Caulfield, Executive Vice President and Chief Risk Officer at IDB Bank, offers valuable market intelligence and must do`s for an effective cyber security program
Paul Caulfield, IDB Bank, cyber security, fraud prevention, market intelligence, financial crime, CEO email scams, business email compromises, BEC, phishing, vishing
International Islamic Trade Finance Corporation and FCI signed a MoU to create an Islamic Factoring Chapter within the FCI network.
International Islamic Trade Finance Corporation, FCI, trade finance, United Arab Emirates, Islamic Factoring Chaper, factoring, FCI Network, MENA
Rabobank International Direct Bank (IDB) has selected Sopra Banking Software’s Digital Experience Platform in a bid to comply with the PSD2 regulations.
Rabobank International Direct Bank, Sopra Banking Software, PSD2, fintech, Open Banking, payments