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It’s Hard Out Here for a Personal Finance App: CFSI offers tips on creating a successful app for the underserved in a tough competitive landscape
As mobile access has exploded worldwide, smartphone ownership has skyrocketed among low-income Americans, spawning countless personal finance apps for the underserved. These apps can provide services, offer timely guidance, and help users achieve financial goals. CFSI discusses how developers can create apps that improve financial health, while surviving in a cutthroat market.
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- Technology
- Tags
- mobile finance
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Mobile Money on the Move: Part Two of Our Interview With Carol Caruso, Senior Vice President, Channels and Technology at Accion
The growth in global mobile connectivity has been astonishing, and perhaps no sector has been more impacted than finance. We spoke recently with Carol Caruso, Senior VP of Accion’s Channels & Technology unit, about the shifting trends and future outlook of mobile finance in part two of this Q&A.
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- Technology
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South Africa Taps Emocha for Tuberculosis-Fighting Mobile Apps
Johns Hopkins-affiliated health IT startup emocha is marking World TB Day with the launch of a new system in South Africa.
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- Health Care, Technology
- Region
- Sub-Saharan Africa
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It’s Not Enough to Get Micro-entrepreneurs Online – They Need a Marketplace : eBay Foundation focuses on connecting buyers with job engines
eBay knows a thing or two about helping people sell stuff online. So it’s no surprise that the eBay Foundation, created in 1998 with pre-IPO shares, would follow a similar path. In 2011, it created the Opportunity Project, which takes a social innovation direction to tackle global poverty, supported with tech know-how from foundation volunteers as well as grants.
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- Technology
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Viewpoint: To Reach India’s Rural Poor, Why Not Try Television Banking?
The Pradhan Mantri Jan Dhan Yojana (PMJDY) was envisioned to provide universal financial inclusion to rural and urban households. The mission includes not only providing universal banking access to all households but also micro-insurance. The government and commercial banks have accomplished the remarkable feat of opening 12.8 crore accounts within the last six months. While this is a laudable achievement, a number of issues related to servicing these accounts, mostly in remote and far-flung areas, may need to be addressed.
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- Technology
- Region
- South Asia
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Press Release: Mobile Money Market Worth $78.02 Billion by 2019
According to a new market research report "Mobile Money Market by Transaction Mode, Nature of Payment, Location, Type of Purchase, & by Industry (BFSI, Telecom & IT, Media & Entertainment, Healthcare, Retail, Travel & Hospitality, Transportation & Logistics, Others) - Global Forecast to 2019", published by MarketsandMarkets, Mobile Money Market is expected to grow from$12.34 Billion in 2014 to $78.02 Billion by 2019, at a Compound Annual Growth Rate (CAGR) of 44.6% during the forecast period from 2014 to 2019.
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- Education, Technology
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How Lee Kuan Yew Transformed Singapore From Small Town Into Global Financial Hub
Lee Kuan Yew, the founding father of one of Asia’s smallest but most developed economies, has died. Lee led Singapore after its separation from Malaysia to emerge as one of the world’s most powerful financial centres.
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- Technology
- Region
- Asia Pacific
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Ideas Wanted – Mobile Money for Millions: BRAC’s Innovation Fund for Mobile Money 2015 Challenge opens
Mobile money has huge potential for changing the lives of the poor, as everyone from Bill Gates to World Bank president Jim Yong Kim have proclaimed. BRAC is looking for bold mobile money ideas that can be tested and then taken to scale. Its Innovation Fund for Mobile Money 2015 Challenge is accepting submissions, with a deadline of April 16. Winning ideas will be piloted in Bangladesh.
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- Technology