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Somalia’s Premier Bank to bring ATMs, debit cards to Mogadishu
Somalia's Premier Bank has struck a deal with Mastercard and will issue debit cards and install ATM machines in the capital of the war-ravaged country, the Islamic lender's top executive said on Wednesday.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Nepal commits to modernize economy through digital payments
Nepal recently announced an ambitious commitment to modernize its economy through digital payments, which include joining the Better Than Cash Alliance to foster inclusive growth and transparency.
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- Uncategorized
- Region
- South Asia
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Indonesia calls for new global financial order
Indonesian President Joko Widodo called on Wednesday for a new global financial order that is open to emerging economic powers and leaves the "obsolete ideas" of Bretton Woods institutions in the past.
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- Uncategorized
- Region
- Asia Pacific
- Tags
- lending
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Challenges of Emerging Risks Underwriting in Insurance in Nigeria
Recent social and environmental developments in Nigeria have underscored the need for Nigerian insurers not only to consolidate on local risks they are familiar with but to pay more attention to emerging risks.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- microfinance
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Women: The Next Wave of Angel Investors?
Females have historically made up less than 15% of the angel investors in the United States. Having more women on the funding side matters.
- Categories
- Uncategorized
- Tags
- impact investing
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In China, Alipay Wallet follows WeChat with launch of mobile city service payments
China’s tech giants are working hard to make sure that consumers use their phones to pay for things. Today Alipay Wallet, the Alibaba-affiliated mobile wallet, announced it now enables Chinese users to fulfill municipal fees in 12 cities.
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- Uncategorized
- Region
- Asia Pacific
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More Than Just Good Advertising: Challenges and best practices in driving digital financial services adoption
Despite the large sums of money being poured into digital financial services around the world, enrollment and usage remain low. Few services reach those who need them most. Grameen Foundation researchers Emilia Klimiuk and Joel Muhumuza have studied why, and they share several tactics to drive adoption.
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- Uncategorized
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Mobile Money Remittances in Africa to Reach $33 Billion
MOBILE money remittances in sub-Saharan Africa are projected to reach $33 billion in 2015 as the services are growing above 6% in more than three countries with increasing mobile connectivity, WorldRemit has said.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- remittances
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