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OPINION: A shaky vision for financial inclusion in India
The Nachiket Mor committee report does not address the issues that militate against financial inclusion.
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Ecobank, MasterCard Seal Deal on Financial Inclusion
MasterCard Worldwide Wednesday sealed a landmark deal with Ecobank Transnational Incorporated (ETI), which will see 60 per cent of Africa’s population have access to financial services.
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Nachiket Mor discusses his ambitious financial inclusion proposals for India
A few years ago, when he was based in Thanjavur after leaving ICICI Bank, Nachiket Mor used to decline requests from the press about financial inclusion, saying he had left that discipline. Over the past few months, however, he has come back into the field. He is on the RBI board. More recently, a committee headed by him just submitted an ambitious report on financial inclusion. ET's Vidhya Sivaramakrishnan met Mor for a chat.
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Ethiopia breaking new technology ground
At the beginning of 2013 when Ethiopia’s government approved mobile money in the country, allowing banks and micro-finance institutions to provide transaction-based banking online.
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- Technology
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- Sub-Saharan Africa
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Corporate social responsibility and India Inc: IT leads, finance lags
Reporting on corporate social responsibility has been undertaken by almost three quarters (73 percent) of large Indian companies, led by the IT sector, shows a new survey by KPMG.
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- Education
- Region
- South Asia
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Africa: Leveraging the Continent’s Resources to Finance Vital Infrastructure
The African Development Bank has a triple-A designation from international credit rating firms and has tripled its capital base since 2010.
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- Region
- Sub-Saharan Africa
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Mobile Money Movers – Part 4: An interview with Greg Chen, Senior Financial Sector Specialist at CGAP
In Part 4 of our Mobile Money Movers series, Mercy Corps’ Kyla Yeoman and Greg Chen, Senior Financial Sector Specialist at CGAP, discuss the benefits of moving toward a cashless society, and the ways that financial service providers are using technology and innovation to onboard (and maintain) new clients and increase uptake among the unbanked.
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- Finance
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Let Me Keep My Cash: The challenge of digitizing wages in Bangladesh’s garment sector
In the search for ways to jump-start the use of electronic money, some proponents are focusing on the digitization of wage and salary payments. But InterMedia’s latest research in Bangladesh suggests that convincing workers to embrace cashless payments may not be a slam-dunk.
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