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Asian Development Bank Report Looks at Impact of Digital Technologies on Remittances
Governments and international organisations can help create an enabling environment in digital finance to improve the remittance process and also have positive externalities such as financial inclusion.
- Categories
- Finance
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Pakistan Poverty Alleviation Fund and International Trade Centre ink Memorandum of Understanding for mutual cooperation
Rob Skidmore, Chief, Sector and Enterprise Competitiveness Division of Enterprises and Institutions, ITC, said, “ITC is delighted to combine our knowledge of SME competitiveness and value chains with PPAF’s deep expertise in grass roots development SME competitiveness and improving value chains and PPAF’s deep expertise in grass roots development to make a real difference in the lives of the poor.”
- Region
- South Asia
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Press release: Building the Business Case for Housing Microfinance in Sub-Saharan Africa
A new study from Habitat for Humanity (www.Habitat.org) says that housing microfinance can and should become a mainstream offering for financial institutions in Sub-Saharan Africa as they respond to growing housing needs in the region, particularly from poor people.
- Source
- Press release
- Region
- Sub-Saharan Africa
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Pakistan Government to Set up $75 Million Fund for Small Borrowers, Microentrepreneurs
The government has decided to set up a $75-million fund at the State Bank of Pakistan for borrowers interested in setting up small businesses, which is also expected to attract people to vote for the ruling Pakistan Muslim League-Nawaz (PML-N) in the upcoming general elections.
- Region
- South Asia
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Press release: Center for Financial Services Innovation Launches “U.S. Financial Health Pulse”
“CFSI first explored the concept of financial health using a landmark research project that found a majority of American households were financially unhealthy,” said Jennifer Tescher, founder and CEO of CFSI. “The U.S. Financial Health Pulse is the next phase in a critical effort to advance financial health in America.”
- Source
- Press release
- Region
- North America
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How poor rural women drove Bandhan Bank’s spectacular stock market debut
Bandhan Bank, established less than three years ago, is one of India’s newest banks. Still, it just completed a highly successful initial public offering, or IPO, which has put it at the forefront of Indian banking.
- Region
- South Asia
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Can Tech Humanize Microfinance? An Unexpected Benefit of Going Digital
Shuffling through papers while standing at a pho vendor’s street stall. Asking customers the same questions over and over again every loan cycle. CEP’s staff and clients constantly dealt with such frustrations until the Vietnam-based microfinance institution rolled out an app that digitized the loan and repayment process. Laura Cojocaru and Kelly Nguyen of BFA report on how the technology not only saves time, but helps loan officers connect on a more personal level with clients.
- Categories
- Finance
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Failure to Thrive: Nigeria’s Digital Financial Services Industry is Struggling – Can These Policy Solutions Help?
Nigeria leads all other emerging economies with 21 licensed mobile money operators. But high levels of unbanked and underbanked citizens have led to poor adoption rates for digital financial services. The Sustainable and Inclusive Digital Financial Services (SIDFS) initiative of the Lagos Business School has been studying ways to improve customer access and product development. In recently published research, Olayinka David-West and Ubukun Taiwo, both of LBS, reveal six policy recommendations for regulators that could help DFS to thrive in Nigeria.
- Categories
- Finance, Telecommunications
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