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Humanitarian Disasters are Getting Worse – Can Cash Transfers Get Better?: Navigating the challenges of e-transfers
It’s not your imagination: natural disasters are getting worse. Humanitarian agencies often respond with cash transfers, and many are now exploring digital options to get these funds to recipients more quickly and securely. We spoke with Sara Murray of the E-Transfer Learning Action Network and Rosa Akbari of the International Rescue Committee about the challenges and opportunities of this new approach.
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Sending money out of South Africa set to become easier and cheaper
An exemption to a financial intelligence law will reduce the cost and lessen the bureaucracy involved in transferring cash across the border.
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- Uncategorized
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- Sub-Saharan Africa
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Kenya’s largest bank signs up 1.8 million mobile banking customers since March
Kenya's biggest bank by assets, KCB, has signed up 1.8 million customers for its mobile phone-based service since it was launched in March and is on target for 10 million users within a year from now, its chief financial officer said.
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- Sub-Saharan Africa
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Postal bank coming soon to India, say officials
India’s massive postal network is likely to turn into payment banks by late next month, reaching out to the unbanked section of the society under Prime Minister Narendra Modi's Jan Dhan programme.
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- South Asia
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Shaking up global remittance market: Startups & telcos making money available at the click of smartphones
New tech startups and traditional telecom operators are taking advantage of the rapid rise of smartphones in many emerging economies to reduce the barriers - and costs - of sending cash overseas.
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- Sub-Saharan Africa
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Kenya Equity Bank targeting 100 million African customers for its mobile payment and banking service
Kenya's Equity Bank Ltd., which has started a new mobile payment and banking service called Equitel, is seeking 100 million customers in Africa within 10 years and the first five million by the end of 2015.
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- Sub-Saharan Africa
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Social Enterprise Leader Wants to Map Africa’s Future
Entrepreneur Vimbiso Mashumba says she feels privileged to be part of the 30 young people to represent Zimbabwe at the Mandela Washington Fellowship for Young African Leaders.
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- Sub-Saharan Africa
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OPINION: Fixing financial inclusion in India
A Self Help Group-bank linkage programme should be included in the financial inclusion strategy of the government.
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- Uncategorized
- Region
- South Asia
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