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In a first, MFI customers to be given credit scores
For the first time in India, a credit bureau is offering scores to help understand the credit profile of microfinance customers.
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- Uncategorized
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Big banks see rich opportunities in world’s poorest
When the Afghan government used mobile phones instead of cash to pay some of its policemen, the officers thought they'd just had a 30 percent pay rise. In truth, they had just been paid the full amount, with nothing skimmed off by middlemen, for the first time.
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- Uncategorized
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Mobile banking: will Kenya export its revolution to India?
The rise of a new generation of technologies performing many financial transactions from mobile phones is a game-changer, opening a new avenue for development. Kenya is probably the best model on the continent. But only specific conditions made it possible. Can this model be exported?
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- Uncategorized
- Tags
- mobile finance
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Accion International urges India’s Reserve Bank to allow financial access to the physically disadvantaged
"People with disabilities should get financial access, organisation should not be discriminated against. The issues has to do with physical conditions and discrimination of specific conditions." - Accion International Managing Director
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- Uncategorized
- Region
- South Asia
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Research and Markets: Global Mobile Payment Methods 2013 Research Report
Mobile payment for goods and services continues global growth.
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- Education
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China cracks down on bitcoin
Regulators have barred the country's banks from trading bitcoin, while denying the pseudo-money legal status and cracking down on anonymous users.
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- Uncategorized
- Region
- Asia Pacific
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Microfinance has failed in India: Jairam Ramesh
"Microfinance 1.0 has failed. It was not the miracle it was touted to be," said Union rural development minister Jairam Ramesh at the HT Leadership Summit 2013 on Friday.
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- Uncategorized
- Region
- South Asia
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Citi Just Entered The Intensifying Wall Street Debate Surrounding Bitcoin
Bitcoin is starting to garner attention from some of Wall Street's top currency strategists.
- Source
- Business Insider
- Categories
- Uncategorized
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