-
Editorial: E-banking requires better technology support for operation
Mobile banking is gaining ground among the people of the country since the Bangladesh Bank (BB) formulated a guideline nearly two years ago. Mobile banking grew at a faster pace, proving that it is more useful than the formal banking. Transaction through mobile banking service has been increasing at a rate of 20 per cent every month. Some 7.2 million people now make the use of different services under mobile banking services through more than one lakh outlets across the country.
- Categories
- Uncategorized
- Region
- South Asia
-
Digital payments key to financial inclusion, says Gates report
Digital payments systems are key to providing wider access to financial services, but customers in developing countries may have to pay each time they use them in order for the economics to stack up, according to a new report on financial inclusion from the Bill and Melinda Gates Foundation.
- Categories
- Uncategorized
-
Vikram Akula tries a second coming at SKS Microfinance
Vikram Akula, the poster boy of Indian microfinance who ran into trouble in the company he founded after it was listed, may be eyeing a return to its top post, with a key shareholder backing him.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- microfinance
-
MasterCard Promotes Financial Inclusion With Electronic Payments
While payment cards are often promoted as premium status-driven consumer products in the United States and Europe, in developing countries debit cards are proving valuable for delivering child benefits, pension payments and government salaries.
- Categories
- Uncategorized
-
Bank? What bank? Orange, Visa and the changing face of Africa’s mobile money
While relatively few Africans have a bank account, companies are finding new ways to offer consumers bank-type services just using mobile devices.
- Categories
- Technology
- Region
- Sub-Saharan Africa
-
Vijayan launches Charioteer Fund-I impact investment fund
Krishnamurthy Vijayan, the former executive chairman of JP Morgan Asset Management India, has launched an impact investment fund that will invest in India's livelihood and skills development space. The Rs 250-crore fund, Charioteer Fund-I, will be a five-year fund with an extension of a further five years, and will look to invest between Rs 1 crore and Rs 10 crore in micro-enterprise clusters.
- Categories
- Health Care
- Region
- South Asia
- Tags
- public health
-
Why Did Mobile Money Flop In Nigeria?
Two years have passed since a mobile money service was deployed by the Central Bank of Nigeria (CBN) and it still has yet to catch on with the masses.
- Categories
- Technology
- Region
- Sub-Saharan Africa
-
Social Impact Investment Taskforce takes shape at SOCAP
A global consortium of leading social finance experts was formally announced on Wednesday as part of a commitment made by the Group of Eight Social Impact Investment Forum earlier this year.
- Categories
- Impact Assessment
- Tags
- impact investing
Subscribe to Our 'Business in Global Development' Newsletter!
Our new weekly LinkedIn newsletter features NextBillion's latest original articles, along with curated news, jobs, bizdev opportunities and events from our recent coverage of impact-focused business in emerging markets.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.