-
China’s Proposed Digital Currency Will Help Banks Bridge Gap on Mobile Payment, Curb Dominance of Alipay, Wechat
Banks’ participation in the central bank’s digital currency will help them better compete with third party payment network operators.
- Categories
- Finance
- Region
- Asia Pacific
-
Maxing Out Mexico: Credit Card System Comes to a Halt
Reuters’ witnesses in Mexico City said they had their cards declined at different stores and saw others that had put up signs informing customers that their payment systems were down. Twitter users outside the capital reported the same problems.
- Categories
- Finance
- Region
- Latin America
- Tags
- banking, cashless, credit, financial services
-
Bringing Digital Financial Inclusion to Women: The Impact of an Integrated Ecosystem Approach
Despite many global initiatives aimed at catalyzing formal banking, almost 1 billion women remain excluded from the financial economy. According to Ankur Seth and Neha Kumar at Intellecap, it's now clear that financial inclusion for women cannot be attained by simply giving them an account or internet access. Instead, it will require an integrated digital financial ecosystem designed for women's needs – an approach Intellecap is piloting in India.
- Categories
- Finance
-
Reserve Bank of India Allows Fintech Companies, Financial Institutions to Set up Regulatory Sandbox
The RBI said the RS fosters 'learning by doing' on all sides and regulators obtain first-hand empirical evidence on the benefits and risks of emerging technologies and their implications.
- Categories
- Finance
- Region
- South Asia
-
‘Financial Innovation’ is no Frankenstein: How Impact Investors and Inclusive Finance Innovators Are Redefining the Term
For many, the words "financial innovation" spark memories of the banking malfeasance that led to the 2008 financial crisis. But as Paul Hailey at responsAbility Investments sees it, financial innovation has come a long way since then. He argues that innovative new investment products don't have to be "a monster lurching towards the village," and explores how they can enable both financial inclusion and investor returns.
-
60 Latin American Banks Can Now Use Bitcoin for Cross-Border Payments
"The integration of Bitex into Bantotal program represents a major step in the breakthrough of blockchain technology in banking," said Bitex Chief Marketing Officer Manuel Beaudroit.
- Categories
- Finance
- Region
- Latin America
-
Grameen Bank Chairman Mozammel Haque Dies
He was appointed chairman of the bank in 2011, and served it until his last day.
- Categories
- Finance
- Region
- South Asia
-
Cashless Payment Booms in China and India Spell End of the ATM
Driving the decline in brick-and-mortar financial services is the fall in cash transactions and growing use of cashless payments, including credit cards, contactless payments, cryptocurrencies and fintech-based services.
- Categories
- Finance
- Region
- Asia Pacific
- Tags
- banking, cashless, financial services, fintech
Parent Organization
