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Indian mobile operators feature strongly among ‘payments bank’ license winners
Bidders linked to the country’s top three mobile operators – Bharti Airtel, Vodafone and Idea Cellular – as well as newcomer Reliance Jio Infocomm and Telenor were among eleven winners of payments bank licenses in India.
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- Uncategorized
- Region
- South Asia
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India’s MFI credit bureaus comb client data to smooth microloans
Three years after India’s first credit bureau for microfinance institutions (MFIs) opened shop, teething troubles continue to prevent lenders and borrowers from making full use of it.
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- Uncategorized
- Region
- South Asia
- Tags
- lending, microfinance
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MobiKwik and StoreKing bring financial inclusion to rural India
MobiKwik, India’s largest independent mobile payments network, today announced a new partnership with StoreKing that expands MobiKwik’s cash-less and card-less payment management to 10,000 retail stores in 600 small towns and 5,000 villages.
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- Uncategorized
- Region
- South Asia
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Asia Pacific leads the way as mobile payments head towards US $1 trillion
Mobile payments globally will rocket to US$1 trillion in value by 2017, up from an estimated $500 million this year.
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- Uncategorized
- Region
- Asia Pacific
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10 startups that are attempting to unseat cash through digital payments in India
In India, 95% of all payments have been made through cash - but a number of factors could catalyze a digital shift.
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- Uncategorized
- Region
- South Asia
- Tags
- digital payments
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PRESS RELEASE: Smart Campaign Now Serves More Than 20 Million Low-income Clients
Momentum for Smart Campaign Certification Accelerates; Six Million ‘Protected’ Clients Added in Last Six Months.
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- Uncategorized
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China Retreats to Financial Shadows to Boost Economic Growth
On a sweltering day in August, the towering ferris wheel and massive roller coaster of China's Jiyanghu Ecological Park, a two-hour train ride from Shanghai, stand eerily silent.
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- Uncategorized
- Region
- South Asia
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State Bank of India to launch mobile wallet
India’s largest lender, State Bank of India is slated to launch its mobile wallet, SBI Buddy, on Tuesday.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- mobile finance
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