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Financial Inclusion: Focus on Middle India
Those wedged between India's welfare and market-driven economies have little social security even as they work under precarious employment conditions.
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- Uncategorized
- Region
- South Asia
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Zimbabwe’s Postal Service Enters Online Payments Game
Zimpost, the state-owned enterprise that owns and manages all local postal services, has introduced its own online payments and e-money platform.
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- Uncategorized
- Region
- Sub-Saharan Africa
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The Human Foundation for Digital Financial Services
Agents are the bricks and mortar of a digital financial services business. With payment banks in India designing their strategies for building their agent networks, they must also ensure they get the operations right, putting high quality agents in the market, supporting them effectively, and playing their part in seeding the demand they need to earn a decent revenue.
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- Uncategorized
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Merchant Solutions Could Be the Answer to Mobile Money Issues
The mobile money agency system has made huge progress in increasing access to financial services and reducing the cost of transactions, though in terms of serving the “last mile” – those wishing to make single dollar transactions – there is still much to be done. But the answer may be staring us in the face, says Vahid Monadjem, CEO of Nomanini.
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- Technology
- Region
- Sub-Saharan Africa
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Three Key Lessons for Responsible Digital Finance
Xavier Giné (World Bank), Greg Fischer (London School of Economics) and Dean Karlan (Yale University) discuss the challenges and opportunities in designing digital financial services for the poor.
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Having a Bank Account Means Very Little
The number of South Africans who use their bank account simply as a storage tool – making one withdrawal a month and then transacting using cash – rose to 11 million in 2015 from 9 million in 2014, indicating poor financial inclusion, a recent study finds.
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- Uncategorized
- Region
- Sub-Saharan Africa
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A Guide to Financial Inclusion in Fragile States
Start with aid: At USAid we are looking for ways to convert traditional aid delivery models, such as commodities and vouchers, into cash transfers that are delivered in ways that encourage recipients to access safe, basic financial services. Kay McGowan, digital finance advisor, USAid, Washington DC, USA @KMcGowan@GlobalDevLab
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- Uncategorized
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Report: Banks Have a $380 Billion Market Opportunity in Financial Inclusion
Banks can address an additional US$380 billion market in annual revenues by targeting micro-enterprises and bringing unbanked and underbanked adults into the formal financial system, according to a new report produced jointly by Accenture (NYSE:ACN), through Accenture Development Partnerships, and CARE International UK, a leading humanitarian organization fighting global poverty.
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- Uncategorized
- Region
- Europe & Eurasia
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