PYMNTS-MonitorEdge-May-2024

IFC

Citi and IFC Partner on Sustainable Supply Chain Finance Program
Citi and IFC Partner on Sustainable Supply Chain Finance Program
August 06, 2024  |  Supply Chain

Citi and International Finance Corp. (IFC), a global development institution that is a member of the World Bank Group, have partnered on a $2 billion...

READ MORE >
IFC and Thai Credit Partner to Help Small Businesses
IFC and Thai Credit Partner to Help Small Businesses
July 05, 2023  |  Partnerships

International Finance Corporation (IFC) and Thai Credit Retail Bank have partnered to help small businesses in Thailand. As a global development institution that is a member of...

READ MORE >
Proxtera Debuts Financial Education for MSMEs in Asia, Africa
Proxtera Debuts Financial Education for MSMEs in Asia, Africa
June 28, 2022  |  Financial Inclusion

Proxtera is working with a number of other entities, including the Monetary Authority of Singapore, on the rollout of an open financial education and action...

READ MORE >
Women Could Drive $280 Billion To Southeast Asian eCommerce Market
Women Could Drive $280 Billion To Southeast Asian eCommerce Market
May 28, 2021  |  eCommerce

A new report on Friday (May 28) by the International Finance Corporation (IFC) found that women could drive more than $280 billion to Southeast Asia’s eCommerce market...

READ MORE >
Nigerian Economy Gets Boost In IFC Credit Deal With Union Bank
Nigerian Economy Gets Boost In IFC Credit Deal With Union Bank
October 12, 2020  |  B2B Payments

The International Finance Corporation (IFC) has extended a $40 million credit facility to Nigeria’s Union Bank to spur trade as the key African country is...

READ MORE >
Citi: FIs’ Role In Creating Resilient Global Trade Finance Initiatives
Citi: FIs’ Role In Creating Resilient Global Trade Finance Initiatives
July 14, 2020  |  Banking

When Citigroup and the International Finance Corp. (IFC) teamed up more than a decade ago, the world remained in the midst of an economic crisis...

READ MORE >
Five On Five: A New Way To Fight Online Counterfeiters
Five On Five: A New Way To Fight Online Counterfeiters
April 26, 2018  |  Payments Innovation

Welcome to Five on Five, your late look at some of the freshest payments news of the day. Today’s stories cover subjects ranging from online...

READ MORE >
Mastercard, IFC Expand Partnerships To Bring Digital Payments To Emerging Markets
Mastercard, IFC Expand Partnerships To Bring Digital Payments To Emerging Markets
April 26, 2018  |  Mastercard

Mastercard and IFC, a member of the World Bank Group, announced Thursday (April 26) that they have updated a $250 million global risk-sharing facility in...

READ MORE >
Correspondent Banking Declines Amid Regulatory Pressures, Says IMF
Correspondent Banking Declines Amid Regulatory Pressures, Says IMF
September 11, 2017  |  B2B Payments

A new report from the International Finance Corporation, a part of the World Bank Group, finds correspondent banking relationships are down, an unintended consequence of...

READ MORE >