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Underserved Markets Ripe for Insurance Innovation, Swiss Re Americas CEO Says
Underserved populations and market niches are ripe with potential for insurance innovators who are willing to take on the challenge of creating opportunities in areas that may seem unprofitable at first glance, says the chief executive of the Americas unit for one of the world’s largest reinsurance companies. And the ability to reach those markets digitally is key.
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NexThought Monday – 12/15/14 – The Over-The-Counter Paradox: Dependence on agent transactions is holding digital finance back – but could agents also move the sector forward?
Over-the-counter (OTC) transactions are mobile money transactions facilitated by a provider’s agent network - and they’re an integral part of most successful services. But while MicroSave founder Graham Wright argues that dependence on OTC transactions is hobbling the development of the digital finance ecosystem, he says these agents could also present a solution.
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OPINION: Building India’s growth by promoting MSMEs
The real drivers of employment and growth in India are not the exalted corporates, but MSMEs, its time to stop giving them a raw deal
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- South Asia
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MasterCard Sees Opportunity with Nigerian E-ID Cards
There’s a lot of untapped potential in the Nigerian commerce market — which is growing — and MasterCard has discovered a marketing niche with the country’s national high-tech e-ID card pilot project.
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- Region
- Sub-Saharan Africa
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American Express Serve Announces Research Pilot to Encourage Consumer Saving
American Express AXP, -0.91% today announced that it is kicking off a research pilot to study consumer savings behaviors using the Serve software platform. This research pilot can help identify new ways to promote saving and explore whether certain behavioral interventions are effective in increasing consumer savings. This program will also help inform research at the Consumer Financial Protection Bureau (CFPB), the U.S. government agency charged with making financial markets work for American consumers, to better understand how to promote saving among consumers.
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PRESS RELEASE: OPIC Board of Directors Approves New Financing Commitments
The Board of Directors of the Overseas Private Investment Corporation (OPIC) today held a quarterly meeting considering new projects for approval.
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- impact investing
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Vodacom has big M-Pesa plans in South Africa
Vodacom aims to push the envelope with its revamped M-Pesa in 2015, a year in which it hopes it will emerge as the most disruptive player in the local mobile money space.
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- Region
- Sub-Saharan Africa
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Econet jumps back into insurance. What’s their play here?
It’s no longer called EcoLife, but Econet is back in the insurance game.
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- Sub-Saharan Africa
