-
Viewpoint: Libra Is an Opportunity to Leapfrog Chinese Fintech to Achieve Cashless Economy
Penetration into offshore markets could accomplish a long-coveted Communist Party goal — replacing the international prominence of the dollar with a yuan-based alternative. If widely adopted, Libra — whose backers include Visa, Mastercard and Paypal — could shut those doors forever.
- Categories
- Finance
- Tags
- cryptocurrency, fintech
-
Press Release: BBVA and Pestana Hotel Group Issue the World’s First Green Bond in the Hotel Industry
BBVA and Pestana Hotel Group have reached a new milestone in the sustainable finance market, issuing the world’s first green bond in the hotel industry, according to the International Capital Markets Association’s (ICMA) Green Bond Principles.
- Region
- Europe & Eurasia
-
Consortium Releases Technology-Enabled Sustainable Supply Chain Finance Model
The aim of the model is to drive more transparency in global supply chains and encourage sustainable production processes through supply chain finance.
- Categories
- Finance, Technology
-
FairMoney Raises $11 Million in Series a Investment Round to Reshape Nigeria’s Mobile Banking and Institutionalise to Ghana, Kenya, and Egypt
FairMoney, a Paris-based fintech startup, is planning to institutionalise operations in Ghana, Kenya and Egypt.
- Categories
- Finance
- Region
- Sub-Saharan Africa
-
Revisiting our Assumptions About Digital Financial Inclusion: Three Unexpected Findings from BFA’s FIBR Project
When BFA launched its FIBR (Financial Inclusion on Business Runways) R&D project four years ago, it outlined a set of assumptions about how smartphones, increased connectivity and digitization would help to accelerate financial inclusion for small businesses in Africa. As the project wraps up, BFA Founder and Chair David Porteous explores which of those assumptions still hold – and which need to be reassessed as unanticipated developments have reshaped the market.
- Categories
- Finance
-
Online Banking Still a Reserve for the Rich in Kenya – Survey
People in higher income brackets use their phones to obtain more information on products and services before purchase, and across all income brackets, users regularly keep track of their online fund balances.
- Categories
- Finance
- Region
- Sub-Saharan Africa
-
Building Financial Stability: Can Liquid Savings Help Recession-Proof the Economy?
Though the U.S. economy is experiencing a historic expansion, stock market jitters and other recent developments have some economists predicting a recession. And according to Mariel Beasley at Common Cents Lab and Timothy Flacke at Commonwealth, cracks have been forming beneath the surface of the economy for a long time. They explore the surprising financial insecurity facing American households, and explain why short-term, liquid savings could help mitigate the effects of a future recession before it begins.
- Categories
- Finance
- Tags
- financial health, research, savings
-
India’s Microfinance Industry To Self-Regulate With Code For Responsible Lending
Manoj Nambiar, Chairperson, MFIN, said: “This is a significant self-regulatory step across all RBI-regulated entities and others that aims at safeguarding the interests of low-income customers through enhancing transparency and compliance."
- Categories
- Finance
- Region
- South Asia
- Tags
- microfinance, regulations
Subscribe to Our Weekly Newsletter, "NextBillion Notes"
Published each Wednesday, our e-newsletter features NextBillion's latest original articles, along with a selection of news, jobs, bizdev opportunities and events from our recent coverage — and regular conference ticket giveaways.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.