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Cash Transfers in India: Look Before You Leap
The relentless focus on financial inclusion on the deposits side leads to a logical implication that these accounts can be used to transfer money from the government to the targeted recipient, making the action seamless and free from manual intervention. This is the basis of a direct benefit transfer where a wage or pension is transferred to the account without the individual going to the office asking for it. The corollary is the same can be used for other government programmes, ranging from food subsidy to conditional transfers like the mid-day meal programme for children. The examples of Brazil and Mexico have often been given to buttress this argument. How can we evaluate this option?
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- Uncategorized
- Region
- South Asia
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Safaricom – MTN Deal Allows Cross-Border Mobile Money Transactions Between Rwanda and Kenya
SAFARICOM has partnered with MTN Rwanda to enable customers to make mobile money transactions between Kenya and Rwanda.
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- Technology
- Region
- Sub-Saharan Africa
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Harvard Business School-Accion Program on Strategic Leadership in Inclusive Finance Is Accepting Applications
The 2016 Harvard Business School – Accion Program on Strategic Leadership in Inclusive Finance is now accepting applications for what will be another exceptional week of learning and exchange among world leaders in financial inclusion. The program will take place March 28 – April 2, 2016 at the HBS campus in Boston, Massachusetts.
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Vodafone India Looks to Double Impact of CSR Programme
Vodafone India wants to double the impact of its corporate social responsibility (CSR) programme. Last year, around 50 employees volunteered for CSR initiatives, working for eight weeks at 25 NGOs and impacting about 1 million lives.
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- Impact Assessment, Investing
- Region
- South Asia
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Are e-Wallets Beginning to Worry Banks in India?
In the last week of October, Paytm founder Vijay Shekhar Sharma received a message from State Bank of India (SBI). It wasn’t good news. The message said the nation’s largest lender and its associate banks would no longer allow their customers to load money from their accounts onto the Paytm wallet.
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- Technology
- Region
- South Asia
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Cashless Nigeria: Facilitating the Transition to Digital Payments
The emergence of Nigeria as a regional economic powerhouse has presented a challenge for Nigerian policymakers: How to convert Nigeria’s growth at the macro level into greater financial inclusion, so that the rising economic tide can benefit more people.
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- Technology
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Banks Have a $380 Billion Market Opportunity in Financial Inclusion: Accenture and CARE International UK Study
Banks can address an additional $380 billion market in annual revenues by targeting micro-enterprises and bringing unbanked and underbanked adults into the formal financial system, according to a report produced jointly byAccenture and CARE International UK, a leading humanitarian organization fighting global poverty.
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- Uncategorized
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The Most Popular Posts on NextBillion for September
Congratulations NextBillion contributors whose posts were the most popular in September. Below are the most viewed articles for the month as well as the most shared on social media. For each post, we’ve also added the “money quote” or the key paragraph or passage. A special thanks to these contributors as well as all NB submitters.
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- Uncategorized
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