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Report: New-Age Banking Increases the Ambit of Financial Inclusion in India
Over the past decade, the Indian banking sector has witnessed a sustained push in the form of a number of initiatives and reforms from the government as well as the Reserve Bank of India (RBI). The sector has grown significantly in terms of customer base, coverage and business.
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- Uncategorized
- Region
- South Asia
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Vinod Khosla-Backed Novopay Launches Mobile Wallet in India
Novopay Solutions Pvt. Ltd on Wednesday unveiled its consumer wallet, which allows payments at neighbourhood stores, remittances and withdrawals.
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- Uncategorized
- Region
- South Asia
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Snapdeal and FreeCharge Launch the Mother of All Mobile Wallets in India
When ecommerce marketplace Snapdeal acquired mobile top-up site FreeCharge in April – the biggest acquisition in India to date – the promise was to build a digital commerce ecosystem. An important piece of that jigsaw fell into place today with the launch of a new mobile wallet by Snapdeal and FreeCharge jointly.
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- Uncategorized
- Region
- South Asia
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- digital payments
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Mobile Finance and Commerce 2.0: Mondato Summit Asia to discuss why emerging Asia could lead the way – Oct. 20-21, 2015
The mobile finance and commerce (MFC) ecosystem in the Philippines and across emerging Asia has grown to the point where it is on the verge of producing “MFC 2.0,” and leading the world in innovation. Mondato Summit Asia will bring together thought leaders and practitioners in Manila on Oct. 20-21 to discuss what the future of MFC is likely to look like in this region and beyond.
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More Rwandans Go Digital As Rate of Poverty Drops
The number of Rwandans owning a mobile phone has increased from 6.2 per cent of the country's total population in 2000 to 63.6 per cent in 2014 as poverty dropped to 39 per cent, the fourth Integrated Household Living Survey, launched yesterday in Kigali, says.
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- Technology
- Region
- Sub-Saharan Africa
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Mobile Wallets Gain Currency at India’s Brick-and-Mortar Stores
Could mobile wallets be to India what credit cards are to the West? When they were launched about five years ago, they were used mostly for making online payments. Increasingly, though, they are being used to make payments in the 'offline' world.
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- Uncategorized
- Region
- South Asia
- Tags
- digital payments
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Financial Inclusion a Theme at MasterCard Investor Day
During MasterCard’s Investment Community Meeting on Wednesday (Sept. 9), the remarks from CEO Ajay Banga and his executive team gave a pretty good indication into how MasterCard views its role in the fast-moving digital payments ecosystem.
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- Uncategorized
- Region
- South Asia
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New Report Examines Payment Aspects of Financial Inclusion
The Committee on Payments and Market Infrastructures (CPMI) and the World Bank Group today issued a consultative report on Payment aspects of financial inclusion. The report examines demand and supply-side factors affecting financial inclusion in the context of payment systems and services, and suggests measures to address these issues.
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