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Digital Payments Made Through UPI See Massive Jump in India
Digital payments through the Unified Payments Interface (UPI), the mobile-based national payment system, continue to surge even after the end of demonetisation-induced cash shortage, latest data from Reserve Bank of India shows.
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- Technology
- Region
- South Asia
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Cambodian MFIs Predict Lower Earnings in Response to Rate Cap
With the interest rate cap of 18 percent in full force for all new and restructured microfinance loans after the National Bank of Cambodia (NBC) issued a populist measure to curb high interest rates, microfinance institutions (MFIs) are starting to give predictions for lower profits this year as the new lending reality takes hold.
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- Uncategorized
- Region
- South Asia
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New method could deliver DNA-based vaccines in pill form
A microscopic corn-and-shrimp cocktail could eventually make DNA-based vaccinations and cancer-treating gene therapies an easier pill to swallow, according to new research from the University of Nebraska-Lincoln.
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- Health Care
- Region
- North America
- Tags
- vaccines
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Anti-‘global gag rule’ campaign seeks private sector, philanthropic support
There is a long way to go before the (She Decides) fund reaches its $600 million annual goal — the minimum amount of funding that is expected to be lost from U.S. aid cuts as a result of the global gag rule.
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- Health Care
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Application period for the European Microfinance Award 2017 on Microfinance for Housing now open
The European Microfinance Award is a prestigious €100,000 award which attracts applications from financial institutions around the world that are innovating in a particular area of financial inclusion. Presented annually, it serves two parallel goals: rewarding excellence, and collecting and disseminating the most relevant practices for replication by others.
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- Finance
- Region
- Europe & Eurasia
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Indonesia regulator expects fintech firms to double to 250 by year-end
Indonesia – the largest economy in the south east Asian region – is betting on the great big fintech opportunity riding on its demographics and unbanked population. Indonesia, which has already seen the emergence of 130 fintech companies, is expecting this number to double in a year with $3.6 billion worth of transactions on this model over the next one year, deputy director of OJK, the financial services regulator, Pak Tuahta Aloysius Saraguh, said in an interaction. Pak Aloysius has been instrumental in encouraging the Fintech industry in Indonesia.
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- Technology
- Region
- South Asia
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Healthcare sector needs innovative modes of funding: PwC report
To take healthcare expenditure to 2.5% of GDP by 2030 conventional modes of resource mobilisation must be aided by an innovative funding mechanism to improve healthcare investments in India, a Healthcare Federation of India (NATHEALTH)-PwC report has said.
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- Health Care
- Region
- South Asia
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Why Aren’t Kenyan Innovators Making Money From Their Creations?
If Daniel Njuguna were to convert every one of his innovative ideas into businesses, he would certainly be a rich man.
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- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- innovation
