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Report: Mobile Money To Break The 1 Billion Users Mark By End 2016
The report, "Mobile Money Forecast Update: 2010-2022," predicts mobile money transactions to more than double from US$ 200 Billion in value in 2016 to US$571 Billion by the end of 2022.
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- Uncategorized
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White House acknowledges the potential of blockchain, other fintech
Blockchain technology that underpins digital currency such as bitcoin has been gradually moving from the ‘hype phase’, seen for the most part of 2015, to actual ‘experimentation phase’ with the advent of various blockchain consortiums and alliances.
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- Uncategorized
- Region
- North America
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- fintech
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Study: MFI loans do little to lift the incomes of poor Cambodian families
The study, released last month by the international research consortium Partnership for Economic Policy, surveyed families in 11 villages and found little difference between the incomes of people who had taken out MFI loans and those who had not.
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- Uncategorized
- Region
- South Asia
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Cracking the payments bank puzzle in India
Success of payments banks will require understanding the financial lives of the base-of-pyramid customers and finding innovative ways to serve them.
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- Uncategorized
- Region
- South Asia
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Handle With Care: How to Maximize the Value of Microinsurance for Emerging Consumers
Intuitively, microinsurance is well-suited to managing some of the financial risks faced by emerging consumers. Yet insurance penetration in emerging economies is very low. Should insurance not be playing a substantially bigger risk management role for people at the base of the pyramid?
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- Uncategorized
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- microfinance, research
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White House Report: Financial Inclusion on the Rise
Financial inclusion has been on the rise across all demographics and geographies over the last two decades, according to a report published by the White House Council of Economic Advisors today.
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- Uncategorized
- Region
- North America
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IFC, CGAP, SECO launch initiative to expand financial inclusion in Ghana
IFC, a member of the World Bank Group, together with the State Secretariat of Economic Affairs of Switzerland, SECO, and the Consultative Group to Assist the Poor, CGAP, on June 8 launched the Ghana Digital Financial Services Initiative to advance financial inclusion in Ghana through the use of new technology and innovative business models.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Study Bitcoin & Blockchain, Federal Reserve Chair Tells Central Banks
A recent event in Washington attended by representatives from over 90 central banks had Federal Reserve Chairwoman Janet Yellen encourage her counterparts to study emerging technologies, specifically mentioning bitcoin and the blockchain.
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- Uncategorized
- Region
- North America
- Tags
- fintech
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