-
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.
- Categories
- Uncategorized
- Region
- South Asia
-
Tata Communications and MasterCard Join Forces to Empower 100 Million Women
At the Clinton Global Initiative (CGI) Annual Meeting closing plenary, Tata Communicationsand MasterCard announced a CGI Commitment to Action to financially empower 25,000 women in the developing world, part of a larger vision to ultimately reach 100 million women. The global telecommunications leader and the leader in global payments technology join forces with a unique network of partners including Brightstar Corp, Kiva, Tone, Trickle Up and the Hidary Foundation to bring their shared vision to life over the next five years through access to transformative mobile platforms comprising a range of financial, health and education applications and services.
- Categories
- Uncategorized
-
Six Lessons From Mobile Money Ventures In Developing Countries
Designing a profitable solution for an unmet market need should be business strategy 101 for most entrepreneurs, so why have so many mobile money service offerings failed?
- Categories
- Uncategorized
-
PRESS RELEASE: New Research Explores the Value of Data to Women’s Financial Inclusion
A report from GBA, IDB and Data2X argues that banking data is key to unlocking full financial participation for women.
- Categories
- Education
-
Why Is Financial Inclusion so High on the Development Agenda?
There are several clear reasons why the development community views financial inclusion as an important ingredient for economic and social progress.
- Categories
- Impact Assessment
-
Kenya Announces First-Ever Government Bond to be Offered Exclusively via Mobile Phone
The Treasury has announced the first-ever Government Bond that will be offered exclusively via mobile phone, pointing to the growing relevance of mobile money solutions in the evolving payments space.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
-
NexThought Monday: The benefits of cross-selling financial products
Formal financial institutions often struggle to justify the business case for serving poor clients. Acquisition costs are high and low balance savings are not sustainable. At the same time, providers recognize that only providing credit to clients may be profitable, but may not develop client trust and longer-term engagement. As a result, cross-selling in recent years has become a popular strategy for financial service providers, including those trying to reach lower-income clients. How can we make it work for everyone?
- Categories
- Uncategorized
-
‘Financial Inclusion for Sustainable Development’: European Microfinance Week Nov. 18th – 20th
European Microfinance Week is a major annual event featuring high level, in-depth discussions by all sectors of the European microfinance community. The conference, which will take place Nov. 18th – 20th in Luxembourg, will welcome over 400 top professionals in the industry, from several dozen countries. NextBillion will be a media partner at the event, providing live tweeting, blog coverage and interviews with key participants.
- Categories
- Finance, Impact Assessment, Technology
Subscribe to Our Weekly Newsletter, "NextBillion Notes"
Published each Wednesday, our e-newsletter features NextBillion's latest original articles, along with a selection of news, jobs, bizdev opportunities and events from our recent coverage — and regular conference ticket giveaways.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.