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Morgan Stanley Pledges $1 Billion in Sustainable Investing Push
The biggest U.S. banks have sought to combine their abilities of advising companies and allocating capital with socially minded pursuits in the wake of public outrage and government rescues resulting from the financial crisis
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- Uncategorized
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- impact investing
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SKS Microfinance poised to make a clean break from the past
If Vikram Akula, the disgraced founder of SKS Microfinance, is attempting a back-door entry into the company, then something in it is attractive again.
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- Uncategorized
- Region
- South Asia
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International money transfers via mobile to exceed $10 billion by the end of the year
Juniper Research forecasts that nearly 400 million mobile phone users worldwide will use their handsets for mobile money transfer by 2018.
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- Uncategorized
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- remittances
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Mobile Devices Alone Won’t Solve American Financial Inclusion Problem
Mobile services would alleviate friction and save time for underserved, low-income consumers. But convenience won't necessarily transform the financially excluded into the financially included.
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- Uncategorized
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Mobile Money Comes To Ethiopia
Ethiopia lags far behind its East African neighbours in the development of its telecommunications sector and the services that the system now routinely provides elsewhere. This is about to change with the rollout of the country’s first mobile money transfer system this January
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- Uncategorized
- Region
- Sub-Saharan Africa
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Indian company to install 15,000 ATMs in the next 3 years
India is an under-penetrated ATM market with only 98 ATMs for every one million people.
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- Uncategorized
- Region
- South Asia
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Look beyond the obvious for mobile payments’ value proposition
Analysys Mason senior adviser Tim Harrabin predicts that the end of the physical wallet is near.
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New Study Finds Cash Alone Effective Way to Fight Poverty
The study found that poor recipients spent the money on a broad variety of items, including food, shelter, and productive assets, leading to significant improvements in income, food security, and psychological well-being.
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- Uncategorized
- Region
- Sub-Saharan Africa
