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Could Fiduciary Standards Be Lowered to Encourage ESG?
Groom Law says the strong push in international bodies such as the European Commission and OECD to encourage pensions to take into account environmental, social, ethical and governance (ESG) factors could spill over to the United States.
- Categories
- Environment, Impact Assessment, Investing
- Tags
- ESG, impact investing
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Is Maharashtra the Next Andhra Pradesh for the Microfinance Industry?
Microfinance companies in Maharashtra are seeing early signs of trouble, reminiscent of a crisis that gripped the sector in 2010 when repayments came to a virtual standstill in Andhra Pradesh revealing poor lending practices by the industry.
- Categories
- Uncategorized
- Region
- South Asia
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Paper: Digital Finance Interoperability & Financial Inclusion
Interoperability—the ability for different systems to connect with one another—is attracting a lot of attention among digital finance experts. Interoperable payment systems have the potential to make it easier for people to send payments to anyone and receive payments from anyone quickly and cheaply. Financial service providers welcome the new business opportunities that would emerge from this higher volume of transactions, and policy makers see interoperability as a means to bring more poor people into the financial system, thus fostering financial inclusion.
- Categories
- Technology
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Wari And Mastercard Partner to Deliver Digital Payment Solutions In 35 African Markets
Wari and Mastercard signed a Strategic Alliance Agreement that will help strengthen the Wari offering for its users but also the digital payment ecosystem in 35 African markets.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Does Automation Eliminate Bias From Small-Business Lending?
Problem: Though women own a third of U.S. small businesses, they get less than 20% of the loans made through the bank-centric, federally backed system that distributes a lot of credit to such firms.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- lending
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Nigerian Fintech Startup Lands $1.3 Million in Investments
Nigerian fintech startup Paystack, announced today that it has closed in on $1.3 million in seed investment.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech
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Demonetisation and digital transactions will never stop corruption in India. Here’s why.
If digital transactions could curb corruption and black money , Kenya would have be en the most transparent country in the world. About 75% of the adult population in Kenya uses mobile phones for payments and money transfer. The value of mobile money transactions and transfers per day is equal to 4.5% of annualised GDP of Kenya, as per a report published in an International Monetary Fund (IMF) journal.
- Categories
- Technology
- Region
- South Asia
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Nigeria planning to create 3 million new jobs by 2025 from digital financial inclusion
Nigeria is planning to create three million jobs by 2025 from digital financial inclusion according to the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele. Emefiele said this would be achieved when there is increased adoption of digital financial services, adding that a 90% reduction in the cost of providing financial services is a further goal.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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