-
New Case Study Details How to Deploy Successful Agency Banking in Africa
Agency banking utilizes a network of local merchants and shopkeepers, in areas where FINCA usually doesn’t have a presence, to provide basic banking services. The agents are equipped with POS (Point of Sale) machines, a portable device that securely connects to FINCA bank accounts through biometric fingerprints.
- Categories
- Finance
- Region
- Sub-Saharan Africa
-
Why Google Launched Tez Instead of Android Pay in India
It's certainly logical for Google to launch a mobile wallet for India's 300 million smartphone users. But it also might seem odd to introduce Tez instead of Android Pay, which already has footholds in Asia in Hong Kong, Taiwan, and Japan.
- Categories
- Finance
- Region
- South Asia
- Tags
- digital payments
-
On ‘World Food Day’: Using Fintech to Support Smallholder Farmers and Feed the World
More smallholder farmers are using digital tools to access funds to improve their farms. But with a whopping US $200 billion gap in financing, many cannot access the financing they need to invest in things like seeds, fertilizers and irrigation technologies to increase production and improve their livelihoods. Mikael L. Clason Höök and Malia Bachesta of the RAF Learning Lab highlight several innovative fintech companies that are addressing barriers faced by smallholder farmers.
- Categories
- Agriculture, Finance, Technology
-
Social media giant Tencent gets into old-school finance
CICC, once dubbed the Goldman Sachs of China after it brought some of the country’s largest state-run firms to market, has been reducing its dependence on volatile investment banking fees and expanding its business catering to rich individuals. It completed a $2.5 billion purchase of China Investment Securities Co this year, plunging into the retail investor market.
- Categories
- Finance
- Region
- Asia Pacific
- Tags
- fintech
-
Telcoin wants to bring cryptocoins to the ‘unbanked’
There were more than 900 cryptocurrencies floating around the planet midway through the year, with a jumble of serious and weird names (InsaneCoin. Cabbage. VGINA). And now here’s another one: Telcoin.
- Categories
- Finance, Technology
-
GSMA launches industry guidelines on international remittances through mobile money
Because of its reach and growing use among underserved people, mobile money is uniquely positioned to transform formal remittance markets and to advance financial inclusion.
- Categories
- Finance
-
A New Era of Farming: Unlocking Innovations for Smallholders Via Non-Traditional Finance
Non-Traditional Finance (NTF) may be critical to unlocking innovation processes among smallholder farmers, and could represent an untapped opportunity to enable them to break the cycle of poverty. But there's a lack of guidance on promising practices for the systemic application of NTF to support scaling of smallholder farmer innovations. That's why MEDA launched a call for proposals for NTF ideas, for which the deadline is Oct. 6.
- Categories
- Agriculture, Finance
-
Mexico readies bill to regulate fast-growing fintech industry
The new measures will allow Mexico to join a small list of countries, including the United States and Britain, that have sought to regulate fintech firms.
- Categories
- Finance
- Region
- Latin America
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.