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In India, Telcos Ride Piggy Back on Migrant Workers, Bet Big on Mobile Money
KOCHI: If the initial responses are any indication, the ubiquitous mobile phone is set to become a tool for financial inclusion in Ernakulam district.
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Weekly Roundup – 5/31/14: Gates reviews Sachs, OPIC’s impact investing tab, Nigeria’s smartphone surge
A bit of a potpourri in the roundup this week. Gates reviews Sachs, OPIC’s impact investing tab, Nigeria’s smartphone surge, Business Fights Poverty’s Design Expo and second thoughts on the recent Guardian BoP story.
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EMERGE: The Forum on Consumer Financial Services Innovation: Join CFSI June 4-6 in Los Angeles
Since 2006, the Center for Financial Services Innovation and American Banker have hosted hundreds of leading players from the financial services industry at their annual forum. This year’s conference, EMERGE: The Forum on Consumer Financial Services Innovation, will be held June 4-6 in Los Angeles. It will provide opportunities to network, generate new ideas, and advance innovations in the financially underserved market.
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TriLinc Global Impact Fund Makes Impact Investment in Peru
TriLinc Global Impact Fund approves a new $3.0 million revolving trade finance facility to a Peruvian insulated wire company, bringing total financing commitments as of May 28, 2014 to $28.7 million for business expansion and socioeconomic development in Latin America and Southeast Asia
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Making Money Pay: Direct Cash Transfers in Kenya
According to proponents, direct cash transfers not only cut out admin costs and losses to corruption. They are also more empowering and effective.
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- impact investing
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CHINA SEES A SHARP INCREASE IN MOBILE PAYMENTS
NEW REPORT HIGHLIGHTS THE GROWTH OF MOBILE TRANSACTIONS IN CHINA
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PRESS RELEASE: JPMorgan Chase & Co. Commits $30 Million to Establish Financial Solutions LabSM and Improve Financial Capability
Led by the Center for Financial Services Innovation, the Lab intends to catalyze, test and scale promising innovations that help people increase savings, improve credit and build assets
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- impact investing
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Kenya’s Virtual Operators Add Twist To Mobile Money Revolution
A move by the Kenya communication regulator to license three mobile virtual network operators (MNVO) – that don’t own their own communication infrastructure – is expected to expected to increase competition in the mobile money segment of the market that has been for the last couple of year dominated by a single player.
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- Region
- Sub-Saharan Africa
