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Opinion: Can Mobile Wallets Pave the Way to a Cashless Economy in India?
It took Indian consumers decades to move from paper money to plastic money. But a switch from plastic money to no money is happening at a much rapid pace, thanks to mobile wallets, which allow you to make payments through your smartphone without actual money transaction.
- Categories
- Technology
- Region
- South Asia
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MIT-USAID Program Releases Evaluation of Water Filters
The United Nations now estimates that 90 percent of the world’s population has access to improved drinking water. But the story of access to safe drinking water is more complex, especially when it comes to the 2.7 billion people who live on less than $2 a day: In developing countries around the world, tens of millions of people rely on water filtration and purification products each year to improve their drinking water in the absence of proper infrastructure providing clean water.
- Categories
- Agriculture, Health Care
- Region
- South Asia
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Bringing MFS Providers Under a Platform Remains a Challenge in Bangladesh
The Bangladesh Bank move to integrate a total of seven business entities including four commercial banks into Mobile Financial Services platform poses challenge.
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- Uncategorized
- Region
- South Asia
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Technology to Be Key Enabler of Financial Inclusion: Samit Ghosh
While ten entities are on the cusp of becoming small finance banks, aiming to bring the financially excluded population of the country under the banking purview, technology will be the game changer in the space, said Samit Ghosh, chief executive officer and managing director, Ujjivan Financial Services Private Limited.
- Categories
- Technology
- Region
- South Asia
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Google’s Flagship Project Loon Impresses PM Modi
Impressed by Google's flagship Project Loon - that takes internet to the remote and inaccessible areas - Prime Minister Narendra Modi believes this has multiple uses like long distance education, rural schools and telemedicine, officials said.
- Categories
- Health Care, Technology
- Region
- South Asia
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100 Small Steps: Will India’s Bank Licenses Bring Reform?
The Reserve Bank of India (RBI) has been steadily reforming India’s financial sector, in addition to achieving notable monetary policy successes. A few weeks back, the RBI granted licenses to 11 payments banks and followed that with licenses to 10 smallfinance banks.
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- Uncategorized
- Region
- South Asia
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Retail Chains Sign Up Mobile Wallets in India
Last week, retail chain Shoppers Stop Ltd tied up with mobile wallet FreeCharge, allowing customers to use FreeCharge wallets to make payments across 74 Shoppers Stop outlets, 17 HyperCity stores, 95 Crossword outlets, 19 HomeStop stores, and its online marketplace.
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- Uncategorized
- Region
- South Asia
- Tags
- digital payments
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Making Leeway for Generating Greater Impact in Eastern India
The Intellecap Impact Investment Network (I3N) has announced a partnership with IIM Calcutta Innovation Park (IIMCIP) to facilitate the creation of a powerful ecosystem for entrepreneurship development in Eastern India. This partnership with IIMCIP furthers I3N’s commitment and ability to generate impact in Eastern India.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- impact investing
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