Tagged: burma

Myanmar Implements UnionPay Chip Cards in Continued Banking Modernization

February 11, 2017 @ 9:35 pm By Jessica Pham |

While the Western world and other parts of Asia surge forward with fintech innovations, from blockchain technology to digital banking features and services, Myanmar celebrates other banking development wins as the country continues to modernize. Earlier this week, Enterprise Innovation reported that Myanmar — formerly known… Read More

Read more in: Asia | Tagged asean, banking, burma, credit card, emerging market, myanmar, southeast asia

World Bank Invests in Myanmar’s Financial Inclusion, $100M in Credit

January 3, 2017 @ 7:46 am By Jessica Pham |

The World Bank established the Financial Sector Development Project to support Myanmar’s SMEs — the latest sign of progress in the country’s economy. The five-year project includes $100 million in credit, which will be used to allow SMEs increased access to financial services. The project will… Read More

Read more in: Asia, General News | Tagged burma, emerging market, insurance, microfinance, myanmar, SME, united nations, world bank