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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.
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- Uncategorized
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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.
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- Uncategorized
- Region
- South Asia
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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.
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- Uncategorized
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- South Asia
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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.
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CNET Founder Eyes Bitcoin Wallet in India
From having founded the pioneering digital publishing platform CNET, selling it for $1.8 billion to CBS and filing for Chapter 7 bankruptcy subsequently, Halsey Minor — an American serial tech entrepreneur from the 1990s dotcom boom era — has seen it all. His next big bet is digital finance, which he describes as the "last frontier of internet", with all other consumer-facing segments having been already tapped.
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How The Internet of Everything Is Helping ‘Unbanked’ Citizens Around the World
In the future, if every device is connected to the Internet, what kind of life will those who are financially excluded have?
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- Technology
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OPINION: Financial Inclusion in India – Easier Said Than Done
Given the numerous players and rapid churn in financial inclusion technologies, regulators face a challenge
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- South Asia
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The Power of Texting: How a Simple Text Message Can Make the Difference Between Success and Failure for Social Initiatives
Mobile phones are increasingly prevalent throughout the world, and researchers have found that sending text message reminders can help people follow through with their intentions, significantly increasing the success of development interventions. Roxanne Bauer explores the impact of text reminders on malaria treatment and savings initiatives, and discusses the science behind the approach.
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- Health Care, Impact Assessment, Technology, Telecommunications
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