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Singaporeans Can Now Pay for Their Ride With Go-Jek Using DBS Bank’s E-Wallet
Go-Jek has integrated DBS Bank's e-wallet into its platform to drive cashless mobile payments for consumers in Singapore.
- Categories
- Finance, Technology
- Region
- Asia Pacific
- Tags
- digital payments, fintech
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A Landmark Impact Investment: Could This Innovative Experiment with Islamic Finance Provide a Model for Both Sectors?
Impact investing and Islamic finance are two segments of the socially responsible finance spectrum that rarely intersect – despite having much in common. But according to Umar Moghul, a transactional lawyer with experience in Islamic law, a recent impact investment by Mission Driven Finance in Somali Family Service of San Diego offers an example of how the two sides can come together to boost their mutual impact.
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Viewpoint: Are Big Banks Really Serving Cash-Strapped Americans?
Overdraft “protection” can feel like a misnomer, as anyone who has ever been charged an overdraft fee — or a collection of them — knows. “Violation” would be a more appropriate term in many cases.
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- Finance
- Region
- North America
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African Development Bank launches Africa Digital Financial Inclusion Facility
The African Development Bank and its partners on Wednesday launched the Africa Digital Financial Inclusion Facility (ADFI), designed to aid safety and expansion of digital financial transactions in Africa.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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The Trouble With ‘Women’s Empowerment’ Programs: Perceptions vs. Reality in India
India's government, funders and development initiatives have an increasing focus on including women in different programs. But according to Sudarshan Thakur at PRADAN, these efforts often seem more concerned about what women can do for development than what development can do for women. He argues that social change cannot come only from outside interventions or credit. Instead, global development agencies need to engage with women across different communities and contexts, as women themselves are the best judges of the types of services and programs they need.
- Categories
- Finance
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WorldRemit Intros Money Transfer Service for SMEs
According to WorldRemit, the new service will make it easier for local enterprises to receive payment by UK-based partners via their bank account or cash pick-up. While some banks can take up to one week to process payments, WorldRemit says its transfers to SA are processed within 24 hours or less.
- Categories
- Finance
- Region
- Europe & Eurasia
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Uber Is Pivoting to Fintech, Something Asian Startups Have Been Doing for Years
The fintech pivot has been important part of the playbook for Asian ride-hailing companies for years. India’s Ola made fintech a priority in 2015 after spinning out its payment service, Ola Money, into a standalone app, according to Tech Crunch. Indonesia’s Go-Jek started its Go-Pay service in 2016, while Malaysia’s Grab made a major push into fintech two years ago.
- Categories
- Finance, Technology
- Region
- Asia Pacific
- Tags
- fintech, startups, transportation
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How This Entrepreneur Wants To Connect Africa’s Economy To The World Using Diamonds
“If Africa manages to ride the crypto wave on time, then the opportunities are endless. They’ve already got an infrastructure self-designed to accommodate electronic money; now they just need to embrace decentralisation,” says Jeremy Dahan.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- cryptocurrency