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Remittances to Mexico Surge to Record High in March
Mexico received $4.02 billion in remittances from abroad in March, a 36% increase from the $2.96 billion in March 2019, the Bank of Mexico figures showed.
- Categories
- Finance
- Region
- Latin America
- Tags
- remittances
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South Sudan’s M-Gurush Joins Mobile Money Remittance Business
The launch of this remittance service comes at a time where digital money transfer services such as mobile money and electronic banking are being supported by various governments as a way to curb the spread of COVID-19.
- Categories
- Coronavirus, Finance
- Region
- Sub-Saharan Africa
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Mobile Marketing Experts Show How Fintech Apps Will Emerge Fighting Fit From The Covid-19 Crisis
Interest in and comfort with mobile finance was strong ahead of the crisis, with the sector showing an impressive growth trajectory that started last year.
- Categories
- Coronavirus, Finance
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New Era, New Data: Why ‘Financial Inclusion 2.0’ Will Require a Different Approach to Measurement
Financial inclusion is entering a new era, says Grant Robertson at FinMark Trust. The movement’s first era focused largely on boosting financial access – but its impact on poverty and wellbeing was limited. The new era – "financial inclusion 2.0" – will focus more on expanding real economic opportunity. But to support this goal, the sector will need a new approach to data.
- Categories
- Finance, Impact Assessment
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Airtel Enhances Financial Inclusion Via Technology in Tanzania
Airtel Tanzania has said it is committed to enhance innovation and technology, particularly through Timiza Akiba platform to advance financial inclusion for all Tanzanians.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Banking on Human Capital: What Financial Institutions Need to Do – Now – to Enable a COVID-19 Recovery
Every crisis carries its own unique signature, and COVID-19 is likely to be defined by a series of flare-ups and lockdowns, says Elisabeth Rhyne at the Financial Access Initiative. Within that scenario, the financial inclusion sector needs to determine the most effective ways to reduce the pandemic's impact on vulnerable people and businesses – and it needs to start immediately.
- Categories
- Coronavirus, Finance
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Catalyst Fund Welcomes Four African Investors Into Its Exclusive Fintech Fold
The six will join Catalyst Fund’s Circle of Investors, a collaborative, global community of investors committed to backing inclusive fintech startups.
- Categories
- Finance
- Tags
- accelerators, fintech, startups
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Visa and Kenya’s Safaricom Partner on M-Pesa, Payments and Tech
The arrangement opens to M-Pesa’s own extensive financial services network in East Africa Visa’s global merchant and card network across 200 countries.
- Categories
- Finance
- Region
- Sub-Saharan Africa