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From Proxy IDs to Autonomous Payments: Why the Future of Financial Services is Hyper-Efficiency
Despite the rise of digital banking and other technological advancements, financial services are still plagued by significant inefficiencies. Author and serial entrepreneur Arunjay Katakam explores the causes and consequences of these inefficiencies — including their impact on lower-income customers — and discusses some emerging innovations that are addressing them. He explains why the sector's growing efforts to streamline back-end processes, reduce transaction costs and enhance operational efficiency will be pivotal in shaping the future of financial services.
- Categories
- Finance, Technology
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Float, a South African Buy-Now-Pay-Later Startup, Secures $11 million to Launch its Card-Linked Installment Platform
Float encourages responsible credit card usage and, at the same time, helps merchants to grow their sales.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Women Gig Workers. On the Road to Financial Security in India
More and more women are joining the last-mile delivery service.
- Categories
- Finance
- Region
- Asia Pacific
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How Can the Financial Inclusion Sector Serve the World’s Growing Number of Refugees and Forcibly Displaced People?
There were over 108 million people worldwide estimated to be forcibly displaced as of 2022. Sam Mendelson, Fernando Naranjo Galindo and Daniel Rozas at e-MFP argue that the financial inclusion sector can and should play an important role in addressing the challenges of forced displacement. They explore how financial service providers and other stakeholders can better serve these communities, and announce the launch of the European Microfinance Award 2024, which will focus on “Advancing Financial Inclusion for Refugees & Forcibly Displaced People.”
- Categories
- Finance
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Press Release: MicroVest Launches New Framework for Portfolio Impact Management
MicroVest is a registered investment adviser specializing in the allocation of private debt to financial institutions that finance underserved micro-, small, and medium-sized enterprises (MSMEs) in emerging markets.
- Categories
- Finance
- Region
- Global
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MTN Aims to Double its Mobile Money Lending in Uganda to Shs1 Trillion This Year
MTN says it will this year double mobile money lending from Shs550b to more than Shs1 trillion.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Press Release: Report: New Data Show Massive, Wider-than-Expected Global Gender Gap
The global gender gap for women in the workplace is far wider than previously thought, a groundbreaking new World Bank Group report shows.
- Categories
- Finance
- Region
- Global
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As Nobel Laureate Yunus Skirts Jail in Bangladesh, Fears for His Future
The pioneer of microfinance now faces scores of legal charges, but his supporters say they're part of a campaign of political intimidation and harassment.
- Categories
- Finance, Social Enterprise
- Region
- Asia Pacific
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