Microfinance Industry Newswire

IHC told: ‘Khushhali Microfinance Bank’s employees also entitled to EOBI benefits’

ISLAMABAD: The Islamabad High Court (IHC) was informed that employees of Khushhali Microfinance Bank are also entitled to the protection and benefits provided under the Employees’ Old-Age Benefits Institution (EOBI) scheme. A single-judge bench of Justice …

Philippines launches online microloans via UnionDigital Bank

The Social Security System (SSS) has rolled out a digital microloan facility through UnionDigital Bank, opening a direct channel for private sector workers in the Philippines to secure short-term credit without human resource approval, the pension fund …

SSS launches 'LoanLite' microloan program: Here’s how to apply

Banking29 minutes ago EFCC Arraigns Man for Hacking Microfinance Bank to Move N700m

By Modupe Gbadeyanka One Mr Osaretin Osagiede has been brought before Justice Olukayode Ogunjobi of the Lagos State High Court sitting in Ikeja, over an alleged N700 million fraud. The suspect was arraigned on Friday, September 4, 2026, by the Lagos Zonal …

MFB credit filings jump 38.4%, hit 22,977

Microfinance banks recorded 22,977 financing-statement filings in the first quarter of 2026, a 38.4 per cent increase from 16,600 in the same period of 2025, reinforcing their dominance of Nigeria’s secured-credit market. Data from the Central Bank of …

Funding skew deepens in microfinance

Kolkata: Funding concentration in the microfinance sector is getting skewed every quarter. Large microfinance companies accounted for 98.1% of the funds received by all non-banking financial company-microfinance institutions (NBFC-MFI) in the first quarter …

Digital inclusion opens new frontiers for microfinance banks

Audio By Vocalize OYA Micro-Credit CEO Wycliffe Ochola receives the Digitally Fit Microfinance CEO of the Year award. [Courtesy] Digital inclusion is opening new opportunities for microfinance institutions to reach customers beyond the traditional banking …

Your next loan may have a non-bank name on it

Banks have long been the largest source of credit in the country. They still are. Yet in several retail and specialised segments, non-bank lenders are gaining ground. Banks accounted for roughly 72% of outstanding systemic credit in FY25, according to …

Full list of banks, apps where you can buy Dangote Refinery shares

Investors can subscribe to the Dangote Refinery IPO through over 50 approved platforms spanning banks, stockbrokers, and fintech apps The subscription network includes major commercial banks, NGX Invest Portal, and popular digital platforms such as …

NCGC Targets N100bn Credit for Women After First-Year Gender Gap

Women accounted for just 16.8 per cent of the beneficiaries of credit mobilised by the National Credit Guarantee Company (NCGC) in its first year, highlighting the persistent gender gap in access to formal financing and prompting a new initiative targeting …

Difficult time for microfinance business behind us, Q2 to see growth: IndusInd Bank MD

The difficult phase for the microfinance business is now behind us, with risks playing out favourably, and growth in the segment is expected to return from the second quarter onwards, IndusInd Bank MD and CEO Rajiv Anand has said. IndusInd Bank faced a …

People’s Club president urges new members to support vulnerable Nigerians

By Emmanuel Afonne The People’s Club of Nigeria International (PCNI) has urged newly inducted members of the club to dedicate themselves to humanitarian service and support for vulnerable members of society. PCNI National President, Chief Fidelis Onyebueke …

At CIBN Conference, FG Challenges Banks to Do More for Economy

• Cardoso: No economy can thrive with weak banks, says reforms soon to yield tangible benefits • Apex bank tightens scrutiny of banks over terrorism financing •World Bank: Banks must redirect capital towards job-creating sectors, reduce reliance on govt …

At CIBN Conference, FG Urges Banks To Do More To Drive Economic Growth

President Bola Tinubu on Tuesday  challenged Nigerian banks to move beyond balance-sheet expansion and profitability by deploying more capital to productive businesses capable of driving investment, job creation, and economic growth. Tinubu spoke at the …

Firm to bridge 26% financial inclusion gap

Open Space, a financial technology company, has unveiled new Ethical Finance products aimed at promoting inclusion, transparency and shared prosperity. According to the Enhancing Financial Innovation and Access (EFInA) recent survey report, financial …

NEPSE falls 15.43 points as trading turnover rises

Kathmandu, September 9 All major indicators of the Nepali stock market declined on Wednesday, with the market index, NEPSE, falling 15.43 points to close at 2,545 points. The market had risen for four consecutive trading days before declining on Wednesday …

Rakbank unveils new brand identity, reinforcing commitment to rehumanising banking

Rakbank has unveiled a new brand identity that reflects its evolution into one of the UAE’s leading and most diversified financial institutions. More than a visual refresh, the new identity intends to signal a renewed commitment to putting people at the …

Rakbank unveils new brand identity to drive next phase of growth

Rakbank has unveiled a new brand identity as the UAE bank marks more than five decades of operations and expands its presence across retail, SME, wealth, and wholesale banking. The bank stated that the new identity reflects its evolution from a community …

CBN Cracks Down On Terror Financing, Places Nigerian Banks Under Tougher Regulatory Watch

CBN elevates terrorism financing to a top supervisory priority: The apex bank has placed terrorism financing at the centre of its supervisory agenda, signalling tougher oversight of banks and other financial institutions to prevent the financial system …

PureCipher Enables Trust at the Center of the Artificial Intelligence Race

Sir Alfred J. DiMora Featured in MYVEGAS Magazine Cover Story on the Race to Build AI We Can Trust BOCA RATON, FL, UNITED STATES, September 9, 2026 /⁨EINPresswire.com⁩/ -- As artificial intelligence becomes more powerful and moves into autonomous …

Senior Living Transformation Company (SLTC) Leads $300 Million Recapitalization of Prime Care

Off-market transaction spans 957 assisted living and memory care units across Connecticut, New Jersey, Maryland, and North Carolina ATLANTA, GA, UNITED STATES, September 9, 2026 /⁨EINPresswire.com⁩/ -- Senior Living Transformation Company (SLTC …

Octopyd Launches RoleMatch to Help Candidates Find Their Best-Fit Jobs With One Resume Upload

New resume-to-job matching experience ranks open roles by fit and starts candidates in a prefilled application; works with existing ATS SAN JOSE, CA, UNITED STATES, September 9, 2026 /⁨EINPresswire.com⁩/ -- Octopyd today announced the release of …

TechCXO The RevOps Growth Engine Helps Revenue Growth Leaders Uncover Hidden Revenue Leaks and Reset Growth Trajectories

ATLANTA, CA, UNITED STATES, September 9, 2026 /⁨EINPresswire.com⁩/ -- TechCXO, a pioneer of the fractional executive model, has published its strategic guide, The RevOps Growth Engine: A Blueprint to Align Teams and Scale Predictably. For revenue …

Longevity and Mortality Investor Releases September 2026 Issue

New issue explores life settlement awareness, pension risk transfer competition, Bermuda sidecars and private credit resilience. LONDON, UNITED KINGDOM, September 9, 2026 /⁨EINPresswire.com⁩/ -- Life settlement awareness, increasing competition in …

Shufti Launches Transaction Trust Monitoring With AI Rule Builder That Turns Plain-English Risks Into Backtested Rules

Governed AI agents score, investigate, and draft the report, while the MLRO authorises every filing, on one engine that ties transactions to verified identity. LONDON, UNITED KINGDOM, September 9, 2026 /⁨EINPresswire.com⁩/ -- Shufti, the Glocal identity …

Peeklogic Expands Salesforce Solutions for Fintech and Financial Services Companies

Peeklogic has expanded its Salesforce solutions for fintech and financial services companies, strengthening its capabilities across Financial Services Cloud. AUSTIN, TX, UNITED STATES, September 9, 2026 /⁨EINPresswire.com⁩/ -- The expanded …

GITEX Ai Türkiye debuts in Istanbul as the Türkiye's largest AI event, spotlighting its path to global AI leadership.

İSTANBUL, TURKEY, September 9, 2026 /⁨EINPresswire.com⁩/ -- Tech leaders, investors, entrepreneurs, and policymakers converge as opening day centres attention on the innovation and cross-border collaboration powering Türkiye’s digital economy More …

Stellar Innovations Announces Integration with SoftPro Sync

Stellar Innovations integrates with SoftPro Sync to deliver nationwide title searches, tax certificates and structured data directly into SoftPro workflows. MAITLAND, FL, UNITED STATES, September 9, 2026 /⁨EINPresswire.com⁩/ -- Stellar Innovations and …

Black Bear Diner Strengthens Leadership to Accelerate Franchise Growth, Names Nicole Durham-Mallory VP of Development

Veteran franchise development leader joins the brand as Black Bear Diner builds on strong momentum and prepares for its next chapter of growth REDDING, CA, UNITED STATES, September 9, 2026 /⁨EINPresswire.com⁩/ -- Black Bear Diner, the beloved …

Debt Now Costs Founders Three to Four Times Less Than Equity at Exit

A new Yanne Capital research paper finds fully-loaded dilution runs 30 to 35 percent of the founder position versus 8 to 10 percent after-tax for senior secured NEW YORK, NY, UNITED STATES, September 9, 2026 /⁨EINPresswire.com⁩/ -- The fully-loaded …

Madison County, ID Selects Catalis for Integrated Tax and Assessment Modernization

County Becomes Catalis’ First Tax & CAMA Client in Idaho REXBURG, ID, UNITED STATES, September 9, 2026 /⁨EINPresswire.com⁩/ -- Catalis, a leading provider of government technology solutions, announced that Madison County, Idaho, has selected Catalis …

Conectys Expands AI-Powered Quality Guardian, Elevating Quality Across Live Customer Support

Quality Guardian evaluates eligible chats against quality and compliance criteria, giving CX leaders broader visibility and more targeted coaching. BUCHAREST, ROMANIA, September 9, 2026 /⁨EINPresswire.com⁩/ -- Conectys, a global Business Transformation …

Insygna Names WorkTech Founder George LaRocque to Advisory Board

LaRocque will advise Insygna on product market fit, partnership development, and investor relations as the company forges collaboration with WorkTech leaders. MERRIMACK, NH, UNITED STATES, September 9, 2026 /⁨EINPresswire.com⁩/ -- Insygna …

MEDIA ALERT: GAI INSIGHTS HOSTS 800 ENTERPRISE LEADERS AT 4th ANNUAL GAI WORLD 2026 IN BOSTON SEPT. 28-30

Featuring how to build 2027 velocity, use AI to create return on investment, and transition teams from experiment to competitive advantage BOSTON, MA, UNITED STATES, September 9, 2026 /⁨EINPresswire.com⁩/ -- Marquis AI analyst firm GAI Insights …

Foreclosure.com Highlights Daniela Gonzalez’s Journey From First-Time Homebuyer at 21 to Fixer-Upper Renovation Story

Foreclosure.com has released a new interview with Daniela Gonzalez, who bought a fixer-upper at 21 and has inspired millions with her homeownership journey. BOCA RATON, FL, UNITED STATES, September 9, 2026 /⁨EINPresswire.com⁩/ -- Gonzalez …

Blue Orchid Marketing Pairs Patient Reactivation With Ongoing Email Marketing in a Single Done-for-You Platform

As healthcare groups scale, the company says few vendors handle both recall and patient communication without adding software, staff time, or per-contact costs DANBURY, CT, UNITED STATES, September 9, 2026 /⁨EINPresswire.com⁩/ -- As healthcare …

Nearly Two in Five Enterprise Decision-Makers Say AI-Driven Decisions Have Caused Customer Experience Problems

Research reveals a “decision-confidence gap”: 68% say AI has made decisions faster and more confident, yet 38% report unintended customer experience issues. AUSTIN, TX, UNITED STATES, September 9, 2026 /⁨EINPresswire.com⁩/ -- AI is helping organizations …

Legacy Software Launches Integrated Intelligence Platform for Investment Research and Treasury Management

New software equips family offices, institutional money managers, and business owners with advanced tools for researching investments and managing capital OVERLAND PARK, KS, UNITED STATES, September 9, 2026 /⁨EINPresswire.com⁩/ -- Legacy Software …

Birdeye Launches AI Coworkers for Multi-Location Brands

Jay, Myna, and Robin orchestrate 27 AI agents to win AI visibility, book appointments, and drive consistent customer experience across every location. PALO ALTO, CA, UNITED STATES, September 9, 2026 /⁨EINPresswire.com⁩/ -- Birdeye, the AI platform for …