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Accion Report Shows How Leveraging Data Can Lead to Greater Financial Inclusion
Accion released a report that charts a path for FSPs to use data to accelerate financial inclusion and improve their business operations. This report, developed by Accion with the support of the Citi Foundation, details the steps providers can take to lay the groundwork for big data and advanced analytics by improving their ability to generate, analyze, and respond to data of any size – starting with the information and data they already have – to help extend high-quality financial services to the underserved.
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- Uncategorized
- Tags
- data, financial inclusion
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Grameen Foundation lndia appoints Prabhat Labh as CEO
Grameen Foundation India, an innovator in the use of digital technology to advance financial inclusion, has named Prabhat Labh as its new CEO. He succeeds Chandni Ohri who helped to launch the company and has served as CEO since 2011. An international development expert with more than two decades of experience in leading programs and initiatives across Asia, Africa and North America. Prabhat brings with him an indepth knowledge of financial inclusion.
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- Technology
- Region
- South Asia
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ImpactUs Welcomes First Issuers to its Impact Investing Marketplace
Financial technology provider ImpactUs today announced the onboarding of the first issuers to its impact investing platform, ImpactUs Marketplace. The Marketplace is a community-driven full-service platform offering institutions, individuals and financial advisors an extensive range of private impact investing opportunities.
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- Impact Assessment, Investing
- Region
- North America
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India’s attempt to go cashless is turning food vouchers digital
India's push for a digital, cashless society is well-documented by now. After last year's currency ban, the country has pushed cashless transactions in every sphere of citizen life — from payments at the local grocer and refuels at gas stations to utility bill payments and more.
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- Technology
- Region
- South Asia
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New Impact Investing Benchmarks to Arrive
The global-investment firm Cambridge Associates will unveil in a couple weeks real-asset impact-investing benchmarks in real estate, infrastructure, and timber. The new benchmarks “focus on the financial performance of the private funds, categorizing them by year and size,” says Jessica Matthews, managing director at Cambridge Associates.
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- Impact Assessment, Investing
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Two new MFIs raise hopes for Indian sector amid repayment trouble
Microfinance companies may be in the hot seat after demonetisation-led non-repayment of loans and Uttar Pradesh government's farm loan waiver announcement, but there are people who are still keen to put money in a market where borrowers in general take joint liability to repay loans.
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- Agriculture
- Region
- South Asia
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Tanzania: 47% of GDP Transferred in Mobile Money Revolution
When Vodacom introduced the mobile money transfer service, M-Pesa, in 2008 financial inclusion in the country was below 16 per cent. Only eight years later, financial inclusion increased fivefold to reach 86 per cent putting Tanzania well ahead of most Sub-Saharan African countries.
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- Technology
- Region
- Sub-Saharan Africa
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Special Investigation Team to Probe Allegations of Misconduct Against Indian Microfinance Institutions
Government on Wednesday announced that a four-member Special Investigation Team (SIT) will probe allegations of misconduct against micro-finance institutions.
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- Uncategorized
- Region
- South Asia
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