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Press Release: GSMA Launches Mobile Money Interoperability Test Platform Driving Financial Inclusion in Africa
For over a decade, mobile money has been driving financial inclusion, opening access to digital transactions and giving people the tools to better manage their financial lives. Today, there are more than a billion registered mobile money accounts globally, spread across 290 mobile money deployments that are live in 95 countries.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Viewpoint: How to Save Vital Remittances to the Developing World
The remittance safety net is under threat from job losses in sectors heavily dependent on migrant labor, and any proposal that the G20 nations maintain remittance flows would probably meet with derisive laughter; it would be tantamount to demanding that foreign countries bankroll the developing world’s non-existent safety nets. So the question is, what can be done?
- Categories
- Coronavirus, Finance
- Tags
- employment, remittances
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Visa On The Role of ‘Super Apps’ In Driving Emerging Market Growth
Bringing digital finance to emerging markets like MENA is crucial, as micro merchants of one to two people, often underbanked or unbanked, drive these regional economies. Many are from one country and working in another, sending money cross-border to people back home.
- Categories
- Finance, Technology
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COVID-19 May Just Be the Unintended Booster Shot Financial Inclusion Needed
Giving every woman a bank account allows government benefits to reach citizens directly and instantly.
- Categories
- Coronavirus, Finance
- Region
- South Asia
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Press Release: Mastercard Partners With Tonik; Neobank to Accelerate Financial Inclusion for Filipinos
Mastercard announced today a new partnership agreement with Singapore-based tonik, a two-year-old startup which recently received a bank license in the Philippines. Mastercard will enable tonik to issue a range of electronic payments products that tap into Mastercard’s global network and extensive business intelligence when tonik launches operationally in the Philippines, later this year.
- Categories
- Finance
- Region
- South Asia
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JUMO Is Offering Social Impact Financial Products to the Unbanked
JUMO has operations in over 10 countries including South Africa, Uganda, Ghana, Kenya, Pakistan, Tanzania and Zambia with plans to open shop in Benin, Ivory Coast and Nigeria by 2021 (PHOTO/Courtesy)
- Categories
- Finance
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Viewpoint: Data Is a Powerful Tool for Accelerating Financial Inclusion Among Women
It’s clear that female borrowers can be powerful contributors to a bank’s growth and performance. So why is the gender-financing gap so large?
- Categories
- Finance
- Region
- North Africa & Near East