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Indian Banks’ Association Wants to Be Made Party in Supreme Court Challenge to Aadhaar Validity
To protect the interests of the banking industry, Indian Banks’ Association (IBA) on Monday moved the Supreme Court seeking to be made a party in a batch of petitions challenging the validity of the Aadhaar card.
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- Uncategorized
- Region
- South Asia
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Overcoming Assumptions and Prejudices to Forge a Network of Self Reliance: Why Zidisha targets young, tech-savvy entrepreneurs with loans
The nonprofit Zidisha built a different kind of micro-lending platform: One that is peer-to-peer, transparent and caters to entrepreneurs who came of age during the Internet era. In part two of our interview with CEO Julia Kurnia we discuss how Zidisha maintains its borrower-friendly focus, differentiates itself from other lending networks, and holds steadfast to the idea that loans are better than cash transfers.
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SOCAP Recap: OPTIMISM … With a Dash of Skepticism:
With warplanes thundering overhead (seriously), the crowd at Thursday's SOCAP sessions conducted a stimulating and wide-ranging discussion of the many facets of social business and investing. But among the usual positivity was a distinct note of impatience. Our editors discuss what they saw and heard at yesterday's proceedings.
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- Health Care, Impact Assessment, Social Enterprise
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Mastercard, Singapore Management University Set Up New Financial Inclusion Program
MasterCard and Singapore Management University (SMU) have announced their partnership in a new Social and Financial Inclusion Programme spanning over two years to catalyse research on social entrepreneurship, innovation and financial inclusion.
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- Uncategorized
- Region
- South Asia
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Tigo Pesa Helps in Tanzania’s Financial Inclusion
By ensuring that mobile money services are brought closer to the people in rural areas, the company is complimenting the government’s efforts to even out any imbalances that prevent the majority of upcountry people from carrying out financial transactions in a secure manner writes LEONARD MAGOMBA.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Banks Urged to Collaborate With Telcos for Financial Inclusion
Outgoing Chief Executive Officer of Ecobank Transnational Incorporated, Albert Essien has called on banks in the country to collaborate with the telecom operators in the mobile money industry to ensure financial inclusion.
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- Technology
- Region
- Sub-Saharan Africa
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Why Relying Too Heavily on Credit Scores Hides Potential Market Opportunities:
Credit scores can be limiting and in some cases, misleading. For instance, a consumer might have a high credit score while also struggling financially and vice versa. New research from CFSI looks at the missed opportunities for financial inclusion when credit scores are the limiting factor.
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World Bank Approves $25M Loan to Support Mozambique’s Financial Sector Development
The Board of Executive Directors of the World Bank has approved a loan of 25 million US dollars to support the Mozambican government's financial sector development strategy.
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- Uncategorized
- Region
- Sub-Saharan Africa