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In China, cash is no longer king
A cashless society has many advantages, including lower transaction costs. But it also creates a divide between those who can make cashless payments and those who cannot.
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- Finance
- Region
- Asia Pacific
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Why fintech in India needs to start counting for the unimaginable 2020
2020 will also be the year of action for SME and MSME banking. Despite playing a pivotal role in the country’s economic growth, the SME market remains relatively underserved with banks.
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- Finance
- Region
- South Asia
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Indonesia tightens screws on peer-to-peer lenders
Registered P2P companies are blaming the problem on illegal players, which OJK officials said are hard to control and often come from abroad, including China, Thailand and Malaysia.
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- Finance
- Region
- Asia Pacific
- Tags
- fintech, mobile finance
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Indian government starts process for financial inclusion of sex workers
A high-level task force among other things will now study how banking facilities can reach this section of society and linkages forged to connect them to advantages of financial inclusion.
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- Finance
- Region
- South Asia
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Jim Yong Kim resigns as World Bank president
Jim Yong Kim has announced he is stepping down as the head of the World Bank, in a move that sent shockwaves through the international aid community.
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- Finance
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See Who Won NB’s Top Post of 2018 Contest
Thank you to everyone who voted in NextBillion's seventh annual Top Post of the Year contest. Here are the winners and their vote percentage totals as well as the complete results for this year's competition. Congratulations to the top three winning contributors for their articles, which both challenged and enlightened us. And Happy New Year to all of our readers.
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- Agriculture, Education, Energy, Environment, Finance, Health Care, Investing, Technology, WASH
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Why The Future of Fintech Looks Bright in the ASEAN Region
A recent report by global accounting firm Deloitte, in partnership with Robocash Group, states that ASEAN countries have the highest potential in the fintech market up to 2020. The advanced landscape facilitates both the development of financial technologies and the inflow of investments is expected to increase by over 20-30 per cent compared to the previous year.
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- Finance
- Region
- South Asia
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Task force on digital financing of UN SDGs launched
“We have already seen how technology has helped expand financial inclusion — itself an important goal — by 1.2 billion people in just six years,” said Guterres.
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- Finance