-
Non-profits start with energy but lack systems, so struggle for funding: Roopa Kudva of Omidyar Network
Omidyar's most recent investment in India is in Goodera, a for-profit company that helps corporates channel money for CSR activities. India managing director Roopa Kudva , who joined the venture in 2015, explains why financial inclusion is top of its list of priorities.
- Categories
- Investing
-
From Kentucky to Kenya: Celebrating Financial Inclusion’s Potential – And Facing its Limitations
The financial inclusion industry is arguably more innovative and attuned to the needs of low-income clients than ever before. But how much of an impact can it make in a world where the problems of poverty and income inequality increasingly plague not only low-income countries, but wealthy ones too? We discuss the issue as NextBillion's Financial Inclusion Month concludes.
- Categories
- Uncategorized
-
Bridging financial inclusion with technology is key
Sonny Singh, Senior VP and GM of Oracle's Financial Services Global Business Unit, tells Anup Jayaram how the company is helping facilitate digital banking in India.
- Categories
- Technology
- Region
- South Asia
-
Building Tools to Measure How, and How Much, Consumers Benefit from Financial Inclusion
It's easy to affirm that financial inclusion is increasing. It's more difficult – because of a lack of reliable and actionable tools – to determine how adults derive value from financial inclusion. To address that need, insight2impact recently developed and tested a needs measurement framework concept that takes users’ actual usage patterns into consideration.
- Categories
- Uncategorized
-
India’s most popular mobile wallet company is pushing to disrupt financial services with a new money market fund
Paytm recently became the second nonbank to leverage India's payment bank initiative, which works to give more consumers access to mainstream financial services. As part of the initiative, Paytm will be able to accept deposits, issue debit cards, and facilitate online transactions, but it won't be able to lend money to consumers.
- Categories
- Technology
- Region
- South Asia
-
Three Reasons Financial Health Matters – And Not Just for the Underserved
Forty-three percent of Americans struggle to pay bills and make credit payments, while 23 percent of workers making $50,000 to $99,999 a year are living paycheck-to-paycheck, and underserved Americans spend $141 billion in fees and interest to meet their financial needs. That's why, as the Center for Financial Services Innovation puts it, "Financial health matters to all of us." Today (June 27) CFSI and other mission-based organizations are celebrating #FinHealthMatters Day, to highlight what we all can do to improve financial health.
- Categories
- Technology
-
Mobile Podcasts: A Cost-Effective Way to Boost Financial Literacy in India
As a reader of this blog, you likely find it easy to read and understand instructions about basic banking processes, and breeze through simple transactions like ATM withdrawals. But what about those who lack literacy skills, or who are just getting introduced to the world of finance? Mobile phone podcasts, particularly those delivered to targeted audiences in their language, can be a solution. With the potential to reach more than 1 billion mobile subscribers in India, mobile phone podcasts could bring financial literacy to underserved communities.
- Categories
- Technology
-
Why cross-border payments are the next innovation frontier
Market analysts have predicted that cross-border payments are the next frontier where innovative technologies will challenge the existing expensive, clunky business models.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa