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10 startups that are attempting to unseat cash through digital payments in India
In India, 95% of all payments have been made through cash - but a number of factors could catalyze a digital shift.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- digital payments
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China Retreats to Financial Shadows to Boost Economic Growth
On a sweltering day in August, the towering ferris wheel and massive roller coaster of China's Jiyanghu Ecological Park, a two-hour train ride from Shanghai, stand eerily silent.
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- Uncategorized
- Region
- South Asia
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Can Microfinance Help Boost Sanitation Coverage?
The time when microfinance was seen as the miracle cure to lift people out of poverty is long gone. The funding crisis in India in 2010 and evidence of mixed impacts from microfinance have contributed to a greater understanding of both its strengths and weaknesses. While microfinance is usually associated with income generation, rather than taps and toilets, growing evidence shows that it could be a solution for funding sanitation facilities in developing countries.
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- Health Care
- Region
- South Asia
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State Bank of India to launch mobile wallet
India’s largest lender, State Bank of India is slated to launch its mobile wallet, SBI Buddy, on Tuesday.
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- Uncategorized
- Region
- South Asia
- Tags
- mobile finance
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Big Response to Government’s Low-Cost Insurance Schemes in India
The low-premium life and accident insurance schemes introduced by the government recently have elicited huge response, attracting 11 crore subscribers in just three months.
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- Health Care
- Region
- South Asia
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Bill Gates to Narendra Modi: You Need to Generate New Healthcare Models for India
After over a year in power, the Narendra Modi government's decisions to cut federal welfare spending on the poorest of India's 1.25 billion people have come in for a sharp criticism, including from within his cabinet.
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- Health Care
- Region
- South Asia
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PRESS RELEASE: India’s Financial Inclusion Leader IFMR HoldingsRaises $25m from Accion, LeapFrog and Lok
IFMR Holdings, a leading financial inclusion platform in India, has announced that they have raised US $25 million in equity from Accion, a financial inclusion pioneer, LeapFrog Investments, a specialist investor in emerging-market financial services, and Lok Capital, an Indian impact investment firm.
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- Accion
- Categories
- Uncategorized
- Region
- South Asia
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Mobile Wallet Fraud Set to Rise in India: Deloitte
As E-commerce firms continue to become popular and more people have started using online payments, frauds in mobile payments too are increasing, said a report from Deloitte India.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- digital payments
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