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South Africa placed second in a recent Brookings Institute study comparing financial inclusion in 21 developing countries – surpassed only by Kenya. But though this has led to celebration in some quarters, there’s a troubling aspect to these findings. Illana Melzer argues that the risks of burgeoning financial access and usage are too significant for beneficiaries, development organizations and donors to ignore.
Rising Star or Red Flag?: South Africa’s financial inclusion growth raises questions for the entire industryNews
The Food and Agriculture Organization of the United Nations (FAO) and MasterCard are joining forces to create an innovative new alliance against hunger.
FAO and MasterCard Join Forces on Financial InclusionNews
Uber Technologies Inc. is negotiating cheaper deals for new vehicles with Kia Motors Corp. to boost its number of drivers fivefold in the Nigerian city of Lagos, Africa’s biggest, to 3,000 by the end of next year.
Uber Links With Kia to Expand Fivefold in Africa’s Biggest CityNews
Viral hepatitis is the seventh leading cause of death worldwide. Together, hepatitis B and C cause approximately 80 percent of all liver cancer deaths and kill close to 1.4 million people every year — more than either HIV or tuberculosis.
OPINION: Putting an end to global health’s ‘silent killer’News
Government of India joins the United Nations' Better Than Cash Alliance to share success stories from the world's largest financial inclusion program.
PRESS RELEASE: India Announces New Partnership to Accelerate Financial Inclusion for EveryoneBlog Post
At first, the headline number may seem hard to believe: 57 percent of American adults are struggling financially. But that's what the Center for Financial Services Innovation found in its recent Consumer Financial Health Study. We spoke with Aliza Gutman, the CFSI director who has led the study, about the challenges facing this group - and the opportunities in serving them.
Serving the 57 Percent: That’s the percentage of American adults who are struggling financially – CFSI research illuminates their needsNews
India has set itself a challenging target to reduce the maternal mortality rate to 70 per 1,000 live births, and for neonatal and under-five to 12 and 25 per 1,000 births, respectively, under the Sustainable Development Goals (SDGs) to be achieved over the next 15 years.
India fixes health goals for next 15 yearsNews
On Sunday, Kolkata-based microfinance institution (MFI), Bandhan Financial Services formally converted itself into a full service commercial bank, thus becoming the latest private sector bank in the country. Bandhan is one of the two entities, which were given full-service banking licences by the Reserve Bank of India (RBI) in April, 2014, from a list of 25 aspirants that included big business houses. The other is IDFC.
Tough Challenges Await India’s Chandrashekhar Ghosh’s Bandhan in Its Commercial Bank Avtaar
