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E-Kwanza Mobile Payment Service Launched in Angola
Angolan Investment Bank (BAI) has launched e-Kwanza a mobile money service that allows users to make transfers and payments for goods and services across the country.
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- Sub-Saharan Africa
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Building Quality Products to Improve Low-Income Americans’ Financial Health: CFSI, Visa discussion conveys key challenges and opportunities for U.S. financial services providers
What is needed to improve the financial lives of low-income people in the U.S.? CFSI and Visa recently hosted a discussion on this question with notable financial services executives. They challenged the group to identify solutions for the 68 million financially underserved Americans. Kimberly Gartner, CFSI’s Senior Vice President, Strategic Partnerships, describes the conversation that ensued.
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Working from the Inside Out : IDB’s inaugural conference on scaling corporate social enterprise explores building bridges
Last month the Inter-American Development Bank and its associate organizations organized in the first-ever Scaling Corporate Social Enterprise Conference in Santiago, Chile. Entrepreneurs and "intrapreneurs" shared experiences during the event, which allowed reflection over the obstacles each one finds when attempting to scale their social change models.
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- scale
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Micro Insurance: A Tool for Financial Inclusion
Financial inclusion is now one of the most talked about agendas towards holistic development of the country. With the thrust towards financial inclusion by the Narendra Modi government to achieve all round growth of society, micro insurance is poised to play an important role in it.
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- Uncategorized
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- South Asia
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Nigeria’s NDIC advocates ‘Pass-Through Insurance’ to mobile money subscribers
One of the issues discussed at the just concluded Nigeria Deposit Insurance Corporation (NDIC) three-day workshop for business editors and members of the Finance Correspondents Association of Nigeria (FICAN) in Katsina State is extension of deposit insurance to mobile money subscribers via Pass-Through Insurance (PTI).
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- Uncategorized
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- Sub-Saharan Africa
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Financial Inclusion: From Margins To Mainstream
Hundreds of millions of the world’s citizens today lack opportunities to join the financial services mainstream. Meanwhile, global financial institutions are missing out on a corresponding number of opportunities to refresh and grow their customer base, create prolific new markets, and develop sustainable demand for a new generation of products and services.
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How MasterCard Aims to Bring Financial Services to East Africa
There is no shortage of efforts to bring financial inclusion to those in developing economies who lack access to basic financial services. Most have failed for one very important reason – they’ve been unable to scale. The announcement last week of MasterCard’s partnership with The Gates Foundation will address that problem, starting with the launch of an Innovation Lab in the birthplace of the region’s most successful mobile money scheme – Kenya.
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- Uncategorized
- Region
- Sub-Saharan Africa
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What Happens to Money in E-Wallets in India?
Electronic and in-app wallets have emerged as another payment option. Many companies, especially those in e-commerce and telecom services, offer wallets where consumers can preload money and use to pay for services. Here’s a look at the treatment of money stored in various kinds of wallets.
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- Uncategorized
- Region
- South Asia
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