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MasterCard Teams With Gates Foundation to Expand Digital Financial Services in East Africa
MasterCard has unveiled the launch of MasterCard Labs for Financial Inclusion, a new initiative seeking to impact more than 100 million people globally by developing practical and cost-effective financial tools that expand access and help build stable futures over the long term.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Kenya Court to Rule on Thin SIM Case in January
The High Court will determine in January whether a mobile operator associated with Equity Bank should roll out the thin SIM technology. Judge Isaac Lenaola on Thursday said he will deliver his verdict next year after parties in the case made their final submissions.
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- Uncategorized
- Tags
- mobile finance
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PRESS RELEASE: Roundtable on Aging and Financial Inclusion in Latin America
Over 40 leaders from across Latin America, including the banking, microfinance, academic, and aging advocacy sectors, joined together in Bogota, Colombia for a roundtable on the topic of Aging and Financial Inclusion. This meeting focused specifically on aging demographics in Latin America and the increasing need for access to quality financial services—including pensions, savings, insurance, loans, and payments.
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- Uncategorized
- Region
- Latin America
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PRESS RELEASE: Citi Announces Top Innovations from Global Financial Technology Challenge
Today Citi announced the top innovations from the Citi Mobile Challenge U.S., a groundbreaking global initiative that invites technology developers to reimagine digital banking and fuel innovation in the financial industry.
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- Uncategorized
- Tags
- mobile finance
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Watch the Replay of Our Google+ Hangout with Erik Simanis
Our next Google+ Hangout will feature Erik Simanis, head of the Emerging and Frontier Markets Initiative at Cornell University, a collaboration between Entrepreneurship at Cornell and the Center for Sustainable Global Enterprise at Cornell’s Johnson Graduate School of Management. Simanis has written extensively on the future of base of the pyramid business practices.
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‘Aha Moments’ in the Business Model Process: FIELD at the Aspen Institute explores how to take pilot programs to products
If you work at a nonprofit, you probably know this story: You conduct a pilot program. The results are strong. The pilot funding ends. Then you scramble to find funding to keep the program going. How can you write a happy ending to this story? FIELD at the Aspen Institute explored this question during the last phase of their Asset Building through Credit Pilot. Joyce Klein and Luz Gomez discuss what they found.
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Only 48% of Indian Adults Have Access to Bank Accounts
Only 48 per cent of Indian adults have bank accounts and nearly half of them lie dormant, says a report. According to a nation-wide survey on financial behaviour, India has the highest account dormancy rate even more than countries like Kenya, Tanzania, Uganda, Nigeria, Pakistan and Bangladesh.
- Categories
- Uncategorized
- Region
- South Asia
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In Nigeria Mobile Banking Transactions Hit N430 Billion
Mobile payments system, also known as mobile banking in the country has recorded a total of 15 million transactions since the inception of the scheme in 2012 with 58 million subscribers while the total value of the transactions till date is N430 billion.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- mobile finance
