-
Recognizing a Neglected Opportunity: The multiple benefits of electronic wage payments
Consumer goods companies rely on massive supply chains with millions of workers in developing countries. Many of these workers are women, and many are still paid in cash – and herein lies an opportunity for change. Digitizing these wage payments could help workers and employers, while boosting financial inclusion.
- Categories
- Uncategorized
-
PRESS RELEASE: Accion Announces MetLife Foundation Grant to Support Financial Inclusion in Myanmar
Financial inclusion pioneer Accion announced today that the MetLife Foundation has awarded Accion a $250,000 grant over two years to support its new MFI, Dawn Microfinance, in Myanmar.
- Categories
- Uncategorized
- Region
- South Asia
-
Indonesia Turns to Technology to Build its Banking Sector
Indonesia is hoping to get more of its 250 million citizens using formal financial services, and it’s looking to some of the creative tech startups that are already one step ahead for some assistance.
- Categories
- Technology
- Region
- Asia Pacific
-
OPINION: Why turning the Postal Service into a bank isn’t nearly as ridiculous as it sounds
This remains a tremendous idea to relieve economic inequality and preserve an important public-sector ladder into the middle class; and continued agitation just might get it done.
- Categories
- Uncategorized
-
What The U.S. Can Learn About Financial Inclusion From The Developing World
While every country context is unique, there is much that the U.S. and developing countries can learn from each other.
- Categories
- Uncategorized
-
South Africa Plans to Corporatise Post Bank
South Africa’s Telecommunications and Postal Services Minister Siyabonga Cwele says the process to corporatise Post Bank is at an advanced state.
- Categories
- Technology
- Region
- Sub-Saharan Africa
-
Twitter Top Ten
It was a big week in the Twitterverse as POTUS – after six years in office – finally joined the fray. There were also plenty of Big Thoughts in the world covered by NextBillion, and we combed the scrolls to bring you some of the highlights.
- Categories
- Health Care
-
Findex: Sub-Saharan Africa Continues to Be the Leading Frontier of Financial Inclusion
Half of the world's population lives and works in the informal economy - not by choice, but by necessity. In the language of economists, poor families in developing countries are consumption-smoothing households and capital-consuming, self-employed entrepreneurs at the same time. As a result, they need a broader range of financial services to manage inevitably irregular income and expense spikes, accumulate working capital, build assets, and mitigate risks. Lacking better alternatives, they often resort to informal financial mechanisms, such as moneylenders, pawnbrokers, and rotating savings clubs, which can be very unreliable and expensive.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa