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Ending M-Pesa’s solo story
M-Pesa lacks interoperability with any of the rival services run by the country’s three other operators: Airtel, Orange and yuMobile. But Safaricom is now under pressure to change its ways.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Beyond microcredit in Nepal
For Nepal's microfinance sector, the time has come to look beyond microcredit and find ways and means to turn individual entrepreneurs into small, medium and maybe big entrepreneurs over time.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- microfinance
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Saving for Change: Why is it so difficult for people of all income levels to save money – and how can financial institutions help?
Saving money is hard - particularly for the poor. And with a lack of formal savings options, many poor people end up hiding cash, investing in assets such as livestock or land, or engaging in informal savings arrangements. Yet for those who can stow away even a little money, the benefits can be enormous. Roxanne Bauer explores why saving is so difficult, and what financial institutions can do about it.
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- Uncategorized
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OPINION: By making ATM transactions expensive, the Reserve Bank of India is contradicting its own stance
On Thursday, when the Reserve Bank of India (RBI) permitted banks to charge customers for using other bank ATMs more than thrice a month and that of own-banks more than five times, the apex bank was contradicting its own stated policy stance of encouraging public to alternative banking channels and, then gradually, to paperless banking.
- Categories
- Uncategorized
- Region
- South Asia
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Collaborative Fund, CircleUp Partner to Invest $4 Million in B Corps
New York City-based venture firm Collaborative Fund, and CircleUp, the fundraising platform for “anything but tech” startups, have partnered to invest $4 million into certified B Corps, said CircleUp co-founder Ryan Caldbeck.
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- Uncategorized
- Tags
- impact investing
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Narendra Modi government to pay banks fee for pursuing financial inclusion plan in India
MUMBAI: Government has agreed to give banks some commission for pursuing the financial inclusion plan announced by the prime minister on the Independence Day.
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- Uncategorized
- Region
- South Asia
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In Tehran, a Taxi’s Metamorphosis Is Kafkaesque
The husband-and-wife team of Mehdi Yazdany and Sarvenaz Heraner were cruising the streets of Iran's sprawling capital in search of targets.
- Categories
- Uncategorized
- Region
- North Africa & Near East
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