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Indonesian Telco Indosat Launches ATM Card to Go with E-Wallet
Indonesian telco company Indosat, in collaboration with Qatar National Bank (QNB), launched a mobile money ATM card this week, CNN Indonesia reports. The card is integrated with Indosat’s ewallet feature Dompetku, which now claims to be the first mobile money provider in Indonesia with a parallel ATM service feature.
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- Technology
- Region
- Asia Pacific
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Firms, Aid Groups Help Filipinos Borrow From Banks Instead of Sharks
Housewife Jenny Orquiza, whose home was damaged by super typhoon Haiyan, did not imagine that the Philippines' biggest natural disaster would lead to her getting something she never had - a bank account.
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- Uncategorized
- Region
- Asia Pacific
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PRESS RELEASE: Grameen China and JD.com Launch Crowdfunding Microfinance Project
JD.com, Inc. ("JD.com" or the "Company") (NASDAQ: JD), China's largest online direct sales company, and Grameen China, the China-based entity of Grameen Trust ("GT"), a non-profit and non-government organization committed to the cause of poverty alleviation, today announced that they have reached an agreement on a strategic partnership in China.
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- Uncategorized
- Region
- Asia Pacific
- Tags
- crowdfunding, microfinance
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PRESS RELEASE: Bima Receives $5 Million Investment to Bring Microinsurance to Asia Pacific, Caribbean
Bima, the leading global microinsurance provider, announced a 5 million USD investment from Digicel Group, the leading total communications and entertainment provider in the Caribbean, Central America and Asia Pacific regions. This investment and the resulting partnership will help Bima to deliver access to affordable insurance on a scale never seen before in those regions.
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- Uncategorized
- Region
- Asia Pacific
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PRESS RELEASE: China enters the era of social impact investing
The 13th Social Enterprise Conference at Columbia Business School was on October 31st. The results of a study on social impact investing in China were released for the first time in history. It is the first time that China has formally dispatched a group to attend a social enterprise conference at Columbia University
- Categories
- Impact Assessment
- Region
- Asia Pacific
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PRESS RELEASE: Impact Accelerator launched in the Philippines
MANILA, Philippines — Impact Investment Exchange Asia has launched its first Impact Accelerator program in the Philippines, an intensive in-country program designed to accelerate early-stage social enterprises that have high potentials to create positive social and environmental impact at scale.
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- Impact Assessment
- Region
- Asia Pacific
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Indonesia Has More Smokers Than Bank Account Holders
Jakarta – Indonesia has a far greater number of smokers and mobile phone users than bank account holders, according to the Director General of Bank Mandiri, Budi Gunadi Sadikin.
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- Uncategorized
- Region
- Asia Pacific
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Regional Development Banks and Sharia Banks Can Go Mobile, says Indonesia’s Financial Services Authority
As part of efforts to open up greater public access to financial services, the Financial Services Authority (OJK) will regulate the implementation of branchless banking, especially for regional development banks (BPD) and sharia banks, a top official says.
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- Uncategorized
- Region
- Asia Pacific