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Landscape of Microinsurance Africa study released
The study provides an in depth analysis of the evolution of microinsurance in the African region in terms of products, delivery channels, regulations and profitability indicators to the industry.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Opportunity International and MyBucks: The Future of Digital Microfinance?
Back in November 2015, to little fanfare, microfinance pioneer Opportunity International agreed to sell six banks serving sub-Saharan Africa to the MyBucks Group, a Luxembourg-based fintech company. By all accounts, this should have been bigger news, as it touches upon many of the topics and trends that are reshaping the microfinance sector, from the role of fintech to the question of responsible exits. Daniel Rozas and Gabriela Erice García explore the very real opportunities and challenges generated by this deal.
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- Uncategorized
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Zimbabwe introduces electronic Point of Sale terminals at all public institutions – but leaves out mobile money
This is expected to ease the challenges being faced with the current cash crisis that has gripped the country. It also follows the Reserve Bank of Zimbabwe’s announcement on the reduction of bank charges that have lowered the cost of POS transactions to between 10 cents and 45 cents per transaction.
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- Technology
- Region
- Sub-Saharan Africa
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Telcos in Ghana to begin interest payments to mobile money subscribers
Some telecommunication companies are concluding moves to pay interests to their various subscribers once the Bank of Ghana directs on how the payments must be done.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Cracking the payments bank puzzle in India
Success of payments banks will require understanding the financial lives of the base-of-pyramid customers and finding innovative ways to serve them.
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- Uncategorized
- Region
- South Asia
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White House Report: Financial Inclusion on the Rise
Financial inclusion has been on the rise across all demographics and geographies over the last two decades, according to a report published by the White House Council of Economic Advisors today.
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- Uncategorized
- Region
- North America
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IFC, CGAP, SECO launch initiative to expand financial inclusion in Ghana
IFC, a member of the World Bank Group, together with the State Secretariat of Economic Affairs of Switzerland, SECO, and the Consultative Group to Assist the Poor, CGAP, on June 8 launched the Ghana Digital Financial Services Initiative to advance financial inclusion in Ghana through the use of new technology and innovative business models.
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- Uncategorized
- Region
- Sub-Saharan Africa
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The Indian start-up that may sideswipe Apple Pay
With 900 million mobile phone users and a sophisticated biometric digital ID issued to every citizen, India is increasingly attractive to companies that provide mobile financial services.
- Categories
- Technology
- Region
- South Asia