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Mobile Banking Rises Across the Globe
Emerging countries such as China, India and Bangladesh witnessed significant growth in the past 12 months, the Juniper study found.
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- South Asia
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OPINION: Bank accounts for all won’t bring financial inclusion to India
Financial inclusion, the buzzword that Manmohan Singh government used quite freely during his term in office, is likely to be part of Prime Minister Narendra Modi’s lexicon as well. But the question is, how will he implement it?
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- South Asia
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Equity Bank, Safaricom in clash that could affect Mpesa’s future
Kenya: The black swan theory provides an interesting way of looking at the business world. But for many entrepreneurs and corporate leaders, this theory — which describes an event that comes as a surprise and has a major effect — is yet to be ingrained in their way of life. And this is despite the fact that innovations that turn the world of business upside down often, if not always, come from “unexpected” quarters.
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- Sub-Saharan Africa
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Impact Investing in India: Poised to Grow?
Impact investments are expected to increase globally this year, with South Asia and Southeast Asia among the top target regions, according to a recent survey by JPMorgan and Global Impact Investing Network (GIIN). This could bode well, in particular, for India’s nascent impact investment sector, which is one of the most active in the region.
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- South Asia
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Tanzania: Better Credit Facility in Pipeline
MEMBERS of the public may soon start accessing credits on competitive terms, thanks to the Credit Reference Bureau (CRB), that commercial banks have embraced amid optimism that the data base will help to extend financial services to more people, a new study has shown.
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- Sub-Saharan Africa
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Developing Africa Through Effective, Socially Responsible Investing
VENTURES AFRICA – The SME space is seeing tremendous growth in Africa, with easier access to funds from financial institutions and government policies encouraging sector growth.
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- Sub-Saharan Africa
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Kenya’s mobile innovation brings digital money closer
Kenyan financial services heavyweight Equity Bank is planning to roll out mobile banking services in July, using innovative paper-thin SIM technology.
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- Sub-Saharan Africa
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Adarsh Credit Co-op Reaches India’s Rural Poor With Mobile Tech
Mobile phones are a key way to expand financial inclusion to rural areas across emerging markets, as M-Pesa has demonstrated in Kenya. In India, Adarsh Credit Co-operative Society reaches one million members through 800 branches and more than 100,000 financial advisors who travel through villages taking deposits or disbursing money by linking to the bank through their mobile phones.
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- South Asia
