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World Bank Approves $25M Loan to Support Mozambique’s Financial Sector Development
The Board of Executive Directors of the World Bank has approved a loan of 25 million US dollars to support the Mozambican government's financial sector development strategy.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Bringing MFS Providers Under a Platform Remains a Challenge in Bangladesh
The Bangladesh Bank move to integrate a total of seven business entities including four commercial banks into Mobile Financial Services platform poses challenge.
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- Uncategorized
- Region
- South Asia
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Target Market Segmentation and Education: Comparing agriculture digital payments systems
Agriculture has such a complicated supply chain that any digital payments programs without the requisite target market segmentation and a robust education approach – that places farmers at the center of consideration – will likely fail. It is essential for farmers to have a comprehensive awareness about the features and benefits of digital payments before they will consider adopting any new way of doing their business.
- Categories
- Agriculture
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New Research Explores the Value of Data to Women’s Financial Inclusion
Governments and agencies around the world are increasingly prioritizing full financial inclusion of women, but moving the needle is impossible without data on how many women actually have access to financial services and through what channels. The Global Banking Alliance for Women (GBA), in collaboration with the Inter-American Development Bank (IDB) and Data2X, today is releasing a draft report for public comment [http://gbaforwomen.org/download/draft-report-measuring-womens-financial-inclusion/], based on interviews with over 50 regulators, policymakers, International Finance Institutions (IFIs) and bankers from around the world that reveals just how this data could inform better policies and prompt the private sector to take on this missed market opportunity.
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- Education
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Viewpoint: Why Is Financial Inclusion So High on the Development Agenda?
In the sustainable development priorities for the next 15 years adopted by heads of states in New York this week, the United Nations has highlighted financial inclusion as an important enabler for poorer households in the informal economies of the global south to increase resilience and better capture opportunities.
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- Uncategorized
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Technology to Be Key Enabler of Financial Inclusion: Samit Ghosh
While ten entities are on the cusp of becoming small finance banks, aiming to bring the financially excluded population of the country under the banking purview, technology will be the game changer in the space, said Samit Ghosh, chief executive officer and managing director, Ujjivan Financial Services Private Limited.
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- Technology
- Region
- South Asia
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Rating Progress Toward Financial Inclusion on a Scale of 1 to 10: New FI2020 report shows both progress and challenges on the road to global financial inclusion
When the Center for Financial Inclusion began the FI2020 project in 2011, it hoped to create a sense of both urgency and possibility about enabling global access to quality financial services. Today it launched the Financial Inclusion 2020 Progress Report, an interactive website that shows how far the world has come - and how far it has to go - on the path to global financial inclusion.
- Categories
- Education
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100 Small Steps: Will India’s Bank Licenses Bring Reform?
The Reserve Bank of India (RBI) has been steadily reforming India’s financial sector, in addition to achieving notable monetary policy successes. A few weeks back, the RBI granted licenses to 11 payments banks and followed that with licenses to 10 smallfinance banks.
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- Uncategorized
- Region
- South Asia
