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Study Examines India’s Policies for Financial Inclusion of the Unbanked
With about 190 million unbanked adults, India is second only to China among developing countries in the number of residents who don't have bank accounts or participate in the formal financial sector, according to World Bank.
- Categories
- Finance
- Region
- South Asia
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Estonia-based Fintech AskRobin, which Aims to Serves Underbanked Latin Americans, Secures $1.7 Million in Capital
AskRobin, a fintech firm that manages a financial services marketplace for underbanked Latin American clients, has secured $1.7 million in capital.
- Categories
- Finance
- Region
- Latin America
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Mastercard Expands Global Commitment To Connect 1B People
Mastercard’s latest pledge builds on its 2015 financial inclusion effort to bring financial services to 500 million people. It also builds on the firm’s goals of reaching out to people all over the world who are facing physical and financial health issues due to COVID-19.
- Categories
- Finance
- Region
- Asia Pacific
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Pandemic Disrupts Remittances, Leaving Immigrants’ Families Without Lifelines
In normal times, millions of small financial transactions take place daily worldwide when immigrants wire a portion of their earnings to loved ones back home.
- Categories
- Coronavirus, Finance
- Tags
- migrants, remittances
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Mobile Money Helps Displaced Congolese Survive Amid Coronavirus Threat
Vital help now comes by mobile phone and hence reduces the transmission risks linked with physical interactions.
- Categories
- Coronavirus, Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- cash transfers
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Will COVID-19 Lead to Accelerated Impact Investing?
The pandemic is causing huge disruptions in the financial market.
- Categories
- Coronavirus, Finance
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Four Stories of Financial Exclusion: How Identity Barriers are Blocking Financial Access for Refugees and Other Vulnerable Groups
Venezuela's emigration crisis has reached epic proportions. And according to Anjali Ramachandran at Storythings, among the millions who have fled the country, countless people lack financial access because they struggle to prove their identity. She highlights the stories of refugees and others whose lives could be improved by alternatives to traditional ID requirements.
- Categories
- Finance
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Google and Gates Foundation to Help Spread Digital Payments in Developing Countries
The initiative would help tie together a growing array of digital financial services.
- Categories
- Finance, Technology