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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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- 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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- 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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- South Asia
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OPINION: Cryptocurrencies Can Transform Financial Services
Can an open protocol-based network technology transform a cartelized, oligopolistic and highly regulated industry by transferring power from large corporations to individuals?
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Twitter Top Ten for 12-07-14: Our favorited Tweets of the week past
In the raging sea that is Twitter, here are a few Tweets that stuck in our filter this past week.
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How Responsible Is Digital Finance?: 10 insights from CGAP’s Global Pulse Survey
How responsible is digital finance today? Though there’s broad agreement that this question deserves more attention, there are significant gaps in our knowledge of consumer risks with digital financial services globally. In response, CGAP conducted a survey among policy makers, financial service providers, consumer advocates and foundations involved in providing digital financial services. Here are the top ten survey insights.
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The Past and Future of Mobile Finance in Africa: Part two of our Q&A with Henry Maloba at Grameen Foundation’s Mobile Financial Services Accelerator
Henry Maloba leads Grameen Foundation’s Mobile Financial Services Accelerator in Uganda, which aims to bring financial services to rural Ugandans by forging collaboration between telcos and banks. In part two of our Q&A, Maloba discusses the tensions between these sectors and among telcos themselves, and shares his views on the recent past and future of mobile financial services in Africa.
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