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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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- Uncategorized
- Region
- Sub-Saharan Africa
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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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- Uncategorized
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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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- Uncategorized
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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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- Uncategorized
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Reserve Bank of India governor cautions Modi government on speed of financial inclusion scheme
Reserve Bank of India (RBI) governor Raghuram Rajan’s warning to sarakari banks, on a hunt to win maximum number of bank accounts in minimum days to make Narendra Modi government’s flagship financial inclusion scheme Jan Dhan Yojana a success, reflects the regulator’s concern on the way government using state-run banks to push its populist agenda overlooking prudential norms.
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- Uncategorized
- Region
- South Asia
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The MasterCard Foundation: Access to Financial Services in Africa Can Transform Lives
“Greater financial inclusion is correlated with higher living standards, better health outcomes, higher education levels, and an overall improvement in well-being,” explained Ann Miles, Director of Financial Inclusion at The MasterCard Foundation.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Bill Gates focused on digital payment for poor
Though there has been a lot of talk and media coverage about the tremendous potential mobile payments offer to the poor, underbanked and financially disenfranchised around the world–minus a few bright spots (M-Pesa) the progress of mobile in bridging the gap between the banked and unbanked has been slow going.
- Categories
- Technology
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