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Addressing financial exclusion in Pakistan
The State Bank of Pakistan (SBP) has adopted a multi-pronged and long-term strategy to address financial exclusion through structured policy and regulatory actions besides market-development interventions.
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- governance, microfinance
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OPINION: Bitcoin and mobile payments: Don’t get your hopes up
Before there were cell phones, there was the dream. You know the dream, the dream of techno-optimists everywhere: Get rid of the wallet. Make money electronic. Get rid of those inconvenient technologies like cash and credit cards, and put it all on your phone. Pay by punching a key on your phone. Like in Japan! And cut out a few middlemen while we're at it. Admit it, we've all fantasized about it.
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Discussing the JOBS Act’s Impact on Capital Flow in the U.S. Market
Much of the focus on how the JOBS Act may be able to transform the flow of capital in the United States has been on new pathways being opened. Equity crowdfunding, crowdfinanced debt, locavesting, the new opportunities for accessing capital outside of the traditional banking system has sparked the imagination of many.
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- crowdfunding, governance
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Headline: Financial Inclusion: Banking on Retail Agents in Nigeria
Given the high percentage of the unbanked population in the country, there have been a lot of initiatives targeted at bringing more people into the banking system. Today, Nigerian banks are increasingly developing products that support the financial inclusion initiative of the Bankers’ Committee, one of which is retail agency
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Kenya leads African peers in financial access
Kenya has taken a great leap forward to enjoy better financial access compared to her peers in the continent. The country claims the second highest level of financial inclusion only after South Africa.
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M-Pesa to start pilot on cash out services, looking at pan-India network
M-Pesa, the mobile wallet service of telecom major Vodafone, plans to launch out-cash services. A pilot programme will be launched soon, under which customers will be able to withdraw money from M-Pesa outlets.
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- mobile finance
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PRESS RELEASE: Accion Supports Sale of Mibanco to Financiera Edyficar
Accion, a leader in microfinance and financial inclusion, today announced its support for the sale of Mibanco to Financiera Edyficar, which is owned by Grupo Credicorp, following the regulatory approval of the sale obtained this week.
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Boosting Financial Inclusion in Nigeria with Mobile Money, Electronic Cards
Nigeria is bent on achieving financial inclusion through the ongoing cashless initiative, but the exercise is rather too slow, hence the need to increase awareness campaign on the use of mobile money and electronic cards as alternative channels, writes Emma Okonji.
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