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JPMorgan Chase to spend $35m on promoting financial inclusion
This commitment builds on the efforts of the Financial Solutions LabSM, a separate five-year, $30 million program developed earlier this year by JPMorgan Chase and the Center for Financial Services Innovation (CFSI), to identify, test and scale innovative financial products and services to improve financial security.
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Gates Foundation offers to help monitor India’s ambitious financial inclusion scheme
NEW DELHI: The Bill & Melinda Gates Foundation has offered to help in monitoring of the progress made with regard to Pradhan Mantri Jan-Dhan Yojana, the flagship financial inclusion scheme of India's government.
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- Region
- South Asia
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MasterCard and Bansefi to drive financial inclusion in Mexico
MasterCard and BANSEFI, the social bank of Mexico, announced a partnership to foster financial inclusion in Mexico through the disbursement of social benefits using electronic payments.
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- Region
- Latin America
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African depositors grew fivefold since 2004 according to IMF Financial Access Survey
An International Monetary Fund (IMF) survey revealed that among African countries reporting data on commercial bank depositors, depositors per 1,000 adults experienced a fivefold increase from 2004 to 2013, while simultaneously achieving a 40-percent growth in real GDP per capita.
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Free mobile money transactions from Airtel to boost Rwanda’s financial inclusion drive
The government's efforts geared at ensuring that all Rwandans access financial services have been boosted by Airtel Rwanda, which has scrapped charges on Airtel Money service transactions.
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- Region
- Sub-Saharan Africa
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A Day in the Life of the Unbanked Consumer — And How Mobile Can Help
To fully understand the effect that mobile payment technology is having on our world, let’s take a look at a day in the life of individuals who are oceans apart but have one thing in common: No bank account.
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Amex to Crowdsource Financial-Inclusion Ideas from Academics
It's like the opposite of "Not Invented Here" Syndrome.
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- Education, Technology
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Where to, when mobile money reaches critical mass?
M-money services take-up has taken time, but as it passes the “critical mass” moment, two things begin to happen, writes Russel Southwood.
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