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Indian banks gung-ho about financial inclusion, but not agents
Financial inclusion is not yet a profitable proposition, but banks remain gung-ho about the initiative, predicting future dividends from the market reach that comes with improved access to finance.
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- Uncategorized
- Region
- South Asia
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Mobile banking key to financial inclusion in Bangladesh
Mobile banking is the perfect platform for Bangladesh to take financial services to the country's largely unbanked population in an efficient and low-cost manner, an analyst from Visa said.
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- Uncategorized
- Region
- South Asia
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What if America’s unbanked had mobile wallets?
Delivering financial services to the world's unbanked masses is not a topic that usually includes a developed economy like the United States. That's because Africa is the global leader in this area. Its mobile network operators are boosting their bottom lines and raising standards of living by offering mobile wallets to the unbanked -- making it possible to conduct a variety of transactions from person-to-person money transfers to bill payments and point-of-sale purchases.
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- Uncategorized
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Reserve Bank of Zimbabwe moves to end “mobile war” between telecommunications players
THE Reserve Bank of Zimbabwe (RBZ) has directed mobile payment system operators that want to enter into exclusive arrangements with agents to seek permission as the central bank moves to end the “mobile war” between telecommunications players.
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- Uncategorized
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Quick Wins in Mobile Money: How simple usability tweaks can significantly increase mobile money usage
Mobile finance has great potential to serve the poor, but many existing services are not designed around their needs, behaviors and capabilities. New research from Grameen Foundation reveals simple usability fixes that mobile money providers could incorporate to help their products better meet the needs of the BoP, and reach scale and commercial viability.
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- Uncategorized
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Central Bank of Nigeria to extend cashless policy nationwide
The Central Bank of Nigeria Acting Governor, Dr. Sarah Alade, Wednesday said the bankers’ committee will not rescind on the plan to extend the cashless policy to other states in the country from July 1.
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- Uncategorized
- Region
- Sub-Saharan Africa
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BlackBerry plans mobile money services
Canadian smartphone maker Blackberry sees India as a key market for launching its mobile money services. The company plans to launch money transfer services on the Blackberry Messenger platform in partnership with local banks.
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No Silver Bullet: While microfinance alone won’t end poverty, it is making an impact – so let’s re-focus it to serve the poor
The debate about microfinance is getting a little tedious, says Freedom from Hunger CEO Steve Hollingworth. Instead of arguing over whether microfinance alone is lifting most clients out of poverty (it’s not), we should be having a transparent discussion of its strengths and limitations.
- Categories
- Impact Assessment
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