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Microcredit has been a disaster for the poorest in South Africa
The finance model was supposed to help the country's disenfranchised, but has just pushed them further into debt
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- Uncategorized
- Region
- Sub-Saharan Africa
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PHOTOS: What If The Poor Weren’t Marginalized?
The idea of "financial inclusion" can seem abstract or difficult to comprehend until you put a human face on it.
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- Uncategorized
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Crowdfunding in China could be $50 billion business by 2025
By 2025, crowdfunding in China could explode to $46 -$50 billion—about half the amount expected to be channeled to startups and businesses throughout the world, according to a new World Bank report
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- Uncategorized
- Region
- Asia Pacific
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- crowdfunding
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Changing trends: Technological developments in Pakistan’s banking sector
Technological advances are quickly changing the face of the Pakistani banking industry. Alternative channels are growing quickly and represent a sizable portion of banks’ revenue streams as all banks as well as mobile network operators are jumping on the ‘branchless banking’ bandwagon.
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- Uncategorized
- Tags
- mobile finance
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Meet ‘Assassination Market’ Creator Who’s Crowdfunding Murder With Bitcoins
As Bitcoin becomes an increasingly popular form of digital cash, the cryptocurrency is being accepted in exchange for everything from socks to sushi to heroin. If one anarchist has his way, it’ll soon be used to buy murder, too.
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- Uncategorized
- Tags
- crowdfunding
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Kenyan businesses offer global insight
A number of business models originating in the country have offered global lessons on financial inclusion, ranging from mobile money, banking to insurance.The World Bank, in a new report titled ‘Global Financial Development Report 2014: Financial Inclusion’, cites various examples of success of various business models in the country that have helped deepen financial inclusion.
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- Uncategorized
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Indian banking at a crossroads
Indian banking is clearly at a turning point. Some of the key changes we will see in the next few years could push the sector into a new orbit. It will force the existing players to be more efficient in their operations and in their allocation of capital. Given the level of interference public sector banks face, they are likely to fall even further behind their private sector competitors.
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- Uncategorized
- Tags
- mobile finance
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Mobile money meets credit card in Ghana
MTN and Visa have partnered to offer customers a mobile payment solution which allows MTN Mobile Money users to make face-to-face and online transactions wherever Visa is accepted.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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