Months after first signaling plans for the investment, the International Finance Corporation (IFC) has placed $10 million in group buying site Power2SME. Reports Tuesday (Sept. 5) said the IFC, a member of the World Bank Group, had announced the equity investment in the company, which provides...
Visa’s CEO Charles Scharf has got a plan to connect half a billion additional consumers to the financial mainstream in the next five years. Visa announced its commitment last week (April 17) to developing the financial inclusion economics by pledging its resources to help bring electronic transaction...
September 11, 2017
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 regulatory reform. Reports in The Financial on Friday (Sept. 8) said 27 percent of global banks surveyed have reported a drop in the number of correspondent banking relationships. The decline has […]
September 06, 2017
Months after first signaling plans for the investment, the International Finance Corporation (IFC) has placed $10 million in group buying site Power2SME. Reports Tuesday (Sept. 5) said the IFC, a member...
