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Zimbabwe’s Econet Launches Mobile Money Loan Service
Zimbabwean users of the mobile money platform, EcoCash, are now able to access urgent loans of up to $500 using their cellphones.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Reorienting Financial Inclusion in India
Fixing small business finance is a great place to start improving financial inclusion. This is a reform that is overdue and should not wait.
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- Uncategorized
- Region
- South Asia
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India Announces First Bank Licences in a Decade
India on Wednesday announced it was issuing two new bank licenses for the first time in a decade as it accelerates a push to bring more Indians into the formal banking system.
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- Uncategorized
- Region
- South Asia
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Behind the Scenes at Financial Inclusion 2020: Elisabeth Rhyne outlines the next steps in the movement to achieve global financial access
The Financial Inclusion 2020 Global Forum brought together hundreds of leaders to dedicate themselves to quality financial access for all by 2020. Since October, the Center for Financial Inclusion has been following up on the insights generated at the summit, and laying the groundwork for the next big push. Elisabeth Rhyne discusses the movement’s progress and next steps.
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Where is Bitcoin legal?
In most countries around the world, Bitcoin is neither illegal nor totally unregulated. It's somewhere in between. Bitcoin and similar virtual currencies are computerized money not backed by any official authority. Governments haven't given it their blessing, and they're trying to figure out how to deal with it.
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Claims processing time critical to microinsurance success in Nigeria, stakeholders say
For effective take-off and maximisation of microinsurance opportunity in Nigeria following the release of operational guidelines by the National Insurance Commission (NAICOM), operators must work on claims processing time for the project to succeed.
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- Uncategorized
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Zimbabwe: Econet, mobile money agent association head for clash
The Mobile Money Transfer Agents Association of Zimbabwe and Econet are heading for a possible clash over the latter's recent directive that each of its agent should register at least five new customers per day as per their contract.
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- Uncategorized
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Firms form new units to tap into mobile payment business in Indonesia
A number of businesses have set up new units to provide mobile payment solutions to an expanding list of financial service institutions and telecommunications operators in Indonesia amid the projected sharp increase in mobile payments.
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- Uncategorized
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