Articles with tag: financial aid

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The UK Chancelor of the Exchequer extends CBILS

News | Payments General | 28 Sep 2020

The UK’s Chancelor of the Exchequer has reported intentions to extend the government loan schemes that have been helping SMEs stay afloat throughout the coronavirus pandemic. 

UK, Chancelor of the Exchequer, CBILS, government loan schemes, SMEs, coronavirus, pandemic, financial aid, fintechs, alternative lenders, accredited lenders, banks, CLBILS, Bounce Back Loans, loans, Future Fund, convertible loans, repayment, Pay As You Grow

Viventium, DailyPay team to offer on-demand pay amid healthcare crisis in the US

News | Online Payments | 15 Apr 2020

US-based human capital management solution Viventium has teamed with fintech DailyPay, to offer Viventum clients can now offer pay-on-demand, among other payroll features.

Viventium, DailyPay, payroll, capital management, online payments, coronavirus financial aid, US, United States, North America

Islamic Development Bank launches USD 2 bln COVID-19 aid package

News | E-invoicing, SCF & E-procurement | 26 Mar 2020

The Islamic Development Bank (IsDB) has launched a USD 2 billion COVID-19 aid package for its member states.

The Islamic Development Bank, IsDB, SME financing, COVID-19, coronavirus, financial aid, trade finance, G20 Global Initiative, Middle East, MENA

Ecommerce platform Jumia offers support for African marketplaces

News | Ecommerce | 24 Mar 2020

Jumia, a Nigeria-based ecommerce platform, has announced it is offering support for marketplaces, logistics, and online payments to governments in Africa.

Jumia, ecommerce, marketplace, logistics, online payments, coronavirus, COVID-19, financial aid, Africa, Nigeria, Reckitt Benckiser

Westpac Bank offers support amid COVID-19 for online banking

News | Online & Mobile Banking | 23 Mar 2020

Australia-based Westpac Bank has announced its support for customers and the community in the wake of the coronavirus (COVID-19) pandemic situation. 

Westpac, Australia, Westpac bank, financial aid, COVID-19, coronavirus, online banking, Commonwealth Bank, banking, digital banking

ADB to support Bangladesh in tackling coronavirus outbreak challenges

News | E-invoicing, SCF & E-procurement | 23 Mar 2020

The Asian Development Bank (ADB) has announced that it will support Bangladesh in tackling novel coronavirus (COVID-19) outbreak challenges.

The Asian Development Bank, ADB, Bangladesh, COVID-19, coronavirus, financial aid, B2B payments, supply chain financing, banking, Governmental financial aid, Asia, APAC

HSBC announces trade finance loan partnership with logistics platform Cainiao

News | E-invoicing, SCF & E-procurement | 23 Mar 2020

HSBC has announced leveraging big data to offer quick trade financing approvals to Hong Kong merchants on Alibaba's ecommerce platform Tmall.

Tmall, HSBC, Cainiao, China, Hong Kong, Alibaba, trade finance, B2B payments, ecommerce platform, Covid-19 financial aid, logistics platform, Asia, APAC

World Bank Group increases COVID-19 response to USD 14 Billion

News | Payments General | 19 Mar 2020

The World Bank and IFC have approved a USD 14 billion financing package of fast to assist companies and countries dealing with the COVID-19 pandemic. 

World Bank, IFC, International Finance Corporation, financial aid, financial support, world, COVID-19, coronavirus

EBRD unveils EUR 1 bln solidarity package for businesses to deal with COVID-19

News | E-invoicing, SCF & E-procurement | 18 Mar 2020

The European Bank of Reconstruction and Development has announced an emergency ‘solidarity package’ of EUR 1 bln to help busineses deal with the impact of the COVID-19 pandemic.

The European Bank of Reconstruction and Development, EBRD, solidarity fund, banking, SMEs, coronavirus, COVID-19, pandemic, financial aid, Europe