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Microfinance boom catches attention of private banks in India
Private banks are making acquisitions or buying stake in MFIs to tap their growing customer base, retail lending potential.
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- Uncategorized
- Region
- South Asia
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How China’s Biggest Search Engine Aims to Fix a Huge Crisis in Health Care: A Bot
Baidu — China's biggest search engine — introduced an artificial intelligence-powered chatbot on Tuesday to connect with patients, field medical questions and suggest diagnoses to doctors.
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- Health Care, Technology
- Region
- South Asia
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India Lags Peers in Its Bid Towards a Cashless Economy
The past couple of years have seen a number of initiatives to facilitate cashless transactions in the Indian economy, including the launch of the Unified Payment Interface (UPI) earlier this year. Such moves may raise the volume of cashless transactions in India in the years to come but the latest available internationally comparable data shows why moving towards a cashless economy remains a Herculean challenge for the country.
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- Technology
- Region
- South Asia
- Tags
- digital payments, fintech
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Asian Development Bank partners with Citi to provide US$100 million for microfinance in Asia
Asian Development Bank (ADB) has entered into an agreement with Citi to expand local currency lending to the microfinance sector under the Microfinance Risk Participation and Guarantee Program.
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- Uncategorized
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- South Asia
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Cisco, Narayana Health Team Up to Protect Data in Telemedicine Services
As digital transformation brings more users, devices and applications online, corporates and even hospitals are struggling to protect malware attacks.
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- Health Care, Technology
- Region
- South Asia
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One of India’s Leading Handset Makers Enters Mobile Wallet Business
Intex Technologies, one of the leading Indian handset player said it has partnered with Tata Teleservices subsidiary mRUPEE to launch their first ever mobile wallet.
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- Technology
- Region
- South Asia
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Technology Proves Game Changer in Social Innovation
Technology is a great disruptor. It has had an impact on everything—from communication, government services delivery and media to the reach and impact of social development organizations—be they for profit or not-for-profit.
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- Technology
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- South Asia
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One Out of Four Financially Excluded Women Across the World Is an Indian: Study
The number of financially excluded women in India fell by 20% between 2014 and 2015, helped by the implementation of the Pradhan Mantri Jan Dhan Yojana (PMJDY), according to Omidyar Network.
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- Uncategorized
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- South Asia
