-
Could Stellar Be the Answer to Enable Financial Inclusion Around the Globe?
When the internet first came round in the mid-nineties, people didn’t expect to see impactful tools like open-source libraries like Wikipedia or renting sites like AirBnb or car-sharing ones such as Uber and Lyft. As an open tool, the internet has laid the foundation for these products to be born, reaching audiences far and wide with powerful applications that impact most of our daily lives, whether we like it or not. But a lot of important industries have been left behind in the process. This, however, might be starting to change.
- Categories
- Technology
- Region
- Sub-Saharan Africa
-
Visa Pushes for Financial Inclusion in Philippines
There is an opportunity for financial inclusion in the Philippines, and VISA is banking on such potential.
- Categories
- Uncategorized
- Region
- Asia Pacific
-
10 Key Takeaways from the 2014 Global Findex Survey: Highlights from the World Bank’s treasure trove of financial inclusion data
How many adults in the world have a bank account? How do people save, borrow, and manage financial risk? How is mobile money shaking up the financial inclusion world? The World Bank’s newly released Global Findex attempts to answer those questions, drawing from a database of 800 indicators, based on surveys with almost 150,000 people in 143 economies. CGAP presents 10 takeaways from the report.
- Categories
- Education
-
Total of $125,000 USD Awarded to Two Local Companies for Financial Technology Business Solutions
Village Capital and Accion Venture Lab announced the winners of their program, Village Capital-Accion Venture Lab: FinTech Mexico 2015. The program partnered with theMasterCard Center for Inclusive Growth, Pomona Impact, and United IT Consultants, Inc. to support entrepreneurs making financial services more affordable and accessible for Mexicans who lack access to traditional financial services (“underbanked”).
- Categories
- Technology
- Region
- Latin America
-
Press Release: Microfinance Leaders Offer Model Law Resource for Financial Consumer Protection
The Microfinance CEO Working Group has published Client Protection Principles: Model Law and Commentary for Financial Consumer Protection. This Model Law provides a framework of suggested legislation for financial consumer protection in the microfinance and broader financial inclusion industry.
- Categories
- Uncategorized
-
In India, More Than 50% of Jan Dhan Yojana Bank Accounts Remain Empty
Nearly nine months after the Prime Minister’s Jan Dhan Yojana (PMJDY) was launched, more than half the accounts do not have any balance.
- Categories
- Uncategorized
- Region
- South Asia
-
Why Is Pakistan So Far Behind Its Neighbors in Financial Inclusion?
Just this month the World Bank released the 2014 edition of its Global Financial Inclusion (Findex) database. Findex provides useful indicators on savings, borrowings, and payments made by people across the world. The data indicate that the global, adult, banked population stood at 62 percent as of 2014 end, but that still leaves a whopping 2 billion folks that still remain un-banked.
- Categories
- Uncategorized
- Region
- South Asia
-
Viewpoint: The Evolving Microfinance Revolution Has Yet to Run Its Full Course
Forty years ago, before microfinance was called microcredit, before it even had a name, I made $50 loans to 800 Guatemalan farmers in the form of six bags of 12-24-12 fertilizer, which dramatically increased their yields on the plots of maize and beans they cultivated.
- Categories
- Uncategorized