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China Tries to Calm Jitters About the “Belt and Road” Initiative
China insists that its tens of billions of dollars in loans and investments are fostering global prosperity—a message that it is sure to repeat to foreign leaders attending the second Belt and Road Forum, which takes place from April 25th to 27th in Beijing.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Viewpoint: Remittances, The Flywheel Of The Global Economy
In a world roiled by populist sentiments and anti-immigrant tendencies, the world’s well-trodden migration corridors, which follow remittance corridors one to one, are under strain.
- Categories
- Finance
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Speculating on the Future of Financial Inclusion: Predictions, Solutions (and Warnings) for the Next 20 Years
We live in extraordinary times: In the next 20 years, futuristic technologies like drones, driverless cars, virtual reality and robotics will transform communities and entire industries. Meanwhile, says MSC founder Graham Wright, breakthroughs in areas like artificial intelligence, big data and mobile connectivity will have a similar impact on financial inclusion. Wright makes some bold predictions, and highlights the trends and technologies that are likely to play important roles in the sector’s development.
- Categories
- Finance, Technology
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T-Mobile Tries to Disrupt Banking
There are a lot of reasons people don't have a bank account. Some are wary of banks in general and others worry about making small mistakes that lead to overdraft charges. That's a problem T-Mobile is addressing with its new service.
- Categories
- Finance, Telecommunications
- Region
- North America
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Gates Foundation’s Mojaloop Finance Code Gains in Africa And Asia
Mojaloop will make payments faster, and through its centralist directory, more secure, said DFS.
- Categories
- Finance, Technology, Telecommunications
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India’s ZestMoney Raises $20m to Grow Its Digital Lending Service
The round is led by Quona Capital, a stealthy Washington-based fund that invests in emerging market fintech and has an office in India.
- Categories
- Finance, Technology
- Region
- South Asia
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Report: India’s Microfinance Sector Seeing Increasing Risk of Overleverage
Icra said in a statement that an analysis of the portfolio of micro finance institutions (MFIs) reveals that the ticket sizes and loan tenures are rising.
- Categories
- Finance
- Region
- South Asia
- Tags
- microfinance
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Vietnam Telcos Ready to Pilot Mobile Money
The three operators have submitted applications to launch mobile money services that will allow customers to transfer money using mobile phones, including Vietnam's unbanked population.
- Categories
- Finance, Telecommunications
- Region
- Asia Pacific
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