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A Visionary Approach to Financial Inclusion: Nachiket Mor discusses his groundbreaking plan for universal financial access in India – Part 1
The Nachiket Mor committee report has garnered global headlines by setting a lofty goal - bank accounts for all Indian adults by 2016 – and laying out an innovative, detailed vision of how to reach it. Mor discusses the much-debated report in part 1 of this Q&A.
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An Entrepreneurial 2015: How This Businessman Launched A $100m Programme
Tony Elumelu CON, is a Nigerian Entrepreneur, with over twenty years experience in the Banking and Investment sector in Africa. In the course of his career, Elumelu says he has met hundreds of entrepreneurs who carry in them the hope of Africa’s future. “Many of them young people with incredible dreams and business ideas but without the experience or the access to mentoring and support required in order to build a bankable business plan,” he said.With no access to the right resources and lack of know-how, the ideas remain dreams in the hearts of the young African population, while the continent’s growth is stifled by high rates of unemployment and poverty.But not for much longer.
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- Sub-Saharan Africa
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November’s Most-Read, Most-Shared Posts on NB
In November, transparency in impact investing – on both the investment fund side and the investee company side – was something worth pondering. As investing with social and environmental purpose continues to grow and bleed into the mainstream, so do the calls for clear standards and open access to what constitutes impact – e.g. who’s really profiting?
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Four Barriers – and Four Solutions – to Financial Inclusion Through Payment Innovations
Enabled by the exponential expansion of mobile phones, social media, “big data” and internet access, financial players throughout the world are inventing new ways to transact. These innovations are especially pronounced in emerging markets, where many new entrants have chosen to dive directly into digital financial services. But in spite of this momentum, some challenges remain.
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Triotech Raises $3 Million From Singapore VC Firm Bluehill
Mobile payment services company Triotech Solutions has raised $3 million (nearly Rs 19 crore) from Singaporebased venture-capital firm Bluehill in its first round of funding.
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- South Asia
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Scaling Corporate Social Enterprise Conference: Why innovation is not enough
At the Scaling Corporate Social Enterprise Conference in Santiago, Chile Ron Adner, Professor of Strategy and Entrepreneurship at the Tuck School of Business at Dartmouth College, invited us to think always about the extra mile that our innovation requires. Here’s why: Because innovation on its own, loose, is not enough.
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Bringing Mobile Money up to Code: GSMA Code of Conduct for providers puts customer experience at the center
Only 17 percent of respondents in CGAP’s recent global survey on consumer risks in digital finance felt that service providers are doing an adequate job of protecting customers. The GSMA’s Code of Conduct for Mobile Money Providers is part of a growing movement to try to change that, with a number of the Code’s eight principles directly addressing key customer concerns.
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Myanmar anticipating a leap-frog in development through financial inclusion
An overview of the Financial Access Landscape and the usage of financial services by consumers in Myanmar.
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- Uncategorized
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- South Asia
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