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Google For India: Big push for regional languages, financial inclusion
Google for India: Google rebrands Tez payment app as Google Pay with deeper integration with online and offline retailers as well as access for instant loans via the Bhim UPI.
- Categories
- Finance, Technology
- Region
- South Asia
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Mobile Money Surpasses Checks as Leading Method for Non-cash Payments in Ghana
Data released by the Bank of Ghana last week reveals that mobile money is now the leading platform for payments in Ghana outside of cash itself.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Amazon India’s Fintech Play
The ecommerce behemoth is making strategic investments to build an ecosystem of financial products and services to take on Flipkart and Paytm.
- Categories
- Finance, Technology
- Region
- South Asia
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Moving Past Microfinance: How India’s Small Finance Banks Aim to Take Financial Inclusion to the Next Level
The proliferation of microfinance in India has been a double-edged sword: On the one hand, MFIs have reached customers that most mainstream banks have overlooked. On the other, a lack of clear regulation and oversight has had devastating consequences for some borrowers. But regulators have responded with a new category of financial institution, the “small finance bank.” Andreas Nilsson and Nina Freudenberg of Sonanz explore the evolution of these institutions and whether a wider range of products could also mean deeper social impact.
- Categories
- Uncategorized
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Sagicor, Digicel and Mastercard launch new prepaid card, MyCash, in Jamaica
Christopher Zacca, President and CEO of Sagicor Group Jamaica, noted that the partnership with Digicel Group (through its subsidiary Prism Services Jamaica) and Mastercard is a game-changer for the Jamaican market with the development of the MyCash product.
- Categories
- Finance
- Region
- North America
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Seeking a Happy Ending: Will Nigeria’s New and Improved Financial Inclusion Strategy Work Better Than the Last One?
Nigeria's Central Bank has finally admitted something it had been hinting at for months: The 2020 goals described in its National Financial Inclusion Strategy are not feasible. Building off the wins and learning from the shortcomings of that strategy, the country is now setting new goals and targeting new gains in financial access. Olayinka David-West and Ibukun Taiwo of the Lagos Business School share their five recommendations for the next phase in Nigeria’s efforts to reach the unbanked.
- Categories
- Finance, Telecommunications
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Fighting ‘Tech Complacency’ in Social Enterprise: Why it’s Time to Embrace Blockchain
All around us, Fortune 500 firms and VCs are embracing disruptive innovation – so why aren't more social entrepreneurs following suit? Gautam Ivatury, founder and CEO of LendLedger, says the time has come for the social sector to take some risks and get out of its comfort zone – instead of simply waiting for technologies to filter down to its target beneficiaries. With blockchain, he says, social entrepreneurs "can redraw how industries work, not just create the latest in an endless series of mission-driven service providers."
- Categories
- Finance, Social Enterprise, Technology
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Could religious institutions be major drivers of financial inclusion? This new report seems to suggest so
Nigeria is a largely religious society and one where citizens depend on religious social structures, it is not surprising that the study seems to suggest such an approach.
- Region
- Sub-Saharan Africa
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