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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.
- Categories
- 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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- Uncategorized
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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
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Bringing MFS Providers Under a Platform Remains a Challenge in Bangladesh
The Bangladesh Bank move to integrate a total of seven business entities including four commercial banks into Mobile Financial Services platform poses challenge.
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- Uncategorized
- Region
- South Asia
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Target Market Segmentation and Education: Comparing agriculture digital payments systems
Agriculture has such a complicated supply chain that any digital payments programs without the requisite target market segmentation and a robust education approach – that places farmers at the center of consideration – will likely fail. It is essential for farmers to have a comprehensive awareness about the features and benefits of digital payments before they will consider adopting any new way of doing their business.
- Categories
- Agriculture
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Technology to Be Key Enabler of Financial Inclusion: Samit Ghosh
While ten entities are on the cusp of becoming small finance banks, aiming to bring the financially excluded population of the country under the banking purview, technology will be the game changer in the space, said Samit Ghosh, chief executive officer and managing director, Ujjivan Financial Services Private Limited.
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- Technology
- Region
- South Asia
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New Research Explores the Value of Data to Women’s Financial Inclusion
Governments and agencies around the world are increasingly prioritizing full financial inclusion of women, but moving the needle is impossible without data on how many women actually have access to financial services and through what channels. The Global Banking Alliance for Women (GBA), in collaboration with the Inter-American Development Bank (IDB) and Data2X, today is releasing a draft report for public comment [http://gbaforwomen.org/download/draft-report-measuring-womens-financial-inclusion/], based on interviews with over 50 regulators, policymakers, International Finance Institutions (IFIs) and bankers from around the world that reveals just how this data could inform better policies and prompt the private sector to take on this missed market opportunity.
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- Education