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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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Not Just Child’s Play: Why the financial services industry can – and should – support children’s well-being
A new research paper released by the Center for Financial Services Innovation (CFSI) explores the relationship between a family’s financial health and its children’s well-being, illuminating the need and opportunity for financial services to play a greater role in supporting child and family success. Doing so can help providers deepen relationships with customers today and with their children in the future.
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- Uncategorized
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Health Care Dominates Borrowing in Global South
With policyMakers in emerging market economies stepping up the focus on financial inclusion, India and China have seen the strongest growth in account ownership between 2011 and 2014. If the findings of the World Bank-Gallup Global Findex Survey 2014, which asked over 1,50,000 respondents in 143 countries how and why they access financial services, were to be plotted on a map though, there is a very clear North-South divide in terms of where people spend their borrowed money.
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- Health Care
- Region
- South Asia
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Africa mobile comms giant MTN’s $5.2bn Nigerian fine: Now the CEO resigns
A massive fine imposed on MTN Group by Nigerian regulators for alleged compliance failings has cost the firm's CEO Sifiso Dabengwa his job.
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- Uncategorized
- Region
- Sub-Saharan Africa
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PRESS RELEASE: Oliver Wyman, ideas42 Report Shows How Innovative New Products Could Boost Financial Stability for Low-Income Consumers
New Report Lays out Solutions to Break a Vicious Cycle for Millions of Americans.
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- Uncategorized
- Region
- North America
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Cash-Back the New King in Indian e-Commerce
Bhumika Grover, it was never a choice between the 'Big Billion Days' of Flipkart or Amazon's 'Great Indian Festive Sale' in the run-up to Diwali. Even the 'Electronics Monday' sale by Snapdeal was not captivating enough.
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- Technology
- Region
- South Asia
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Why the Financial Industry Is Getting Nicer
Last week’s Money20/20 conference delivered further evidence that it really is a new day in the financial industry . There is not just a technological change afoot but an ethical change: a feeling that finance can do more for people than simply move their money around .
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- Investing, Technology
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Report: Cash Far More Popular Than Cards and Mobile Money Among Kenyan Online Shoppers
Only 1% of over 80,000 shoppers sampled in the 3rd quarter of this year used cards to pay for products they purchased online, 27 percent preferred to pay via mobile money transfer before or after delivery, while a whopping 72 percent preferred to pay in cash on delivery, according to an internal survey released by Kenyan e-tailer Jumia.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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