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MTN and Uganda’s Crane Bank Launch Mobile Money ATM Cash Out Service
In a partnership with Crane Bank – one of Uganda’s largest indigenous banks – the MTN Mobile Money cash out service allows MTN customers to withdraw money from Crane Bank’s ATMs using their phone.
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- Region
- Sub-Saharan Africa
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11 verdicts on microfinance
Can smarter regulation restore faith in microfinance or does it need to be completely overhauled? Our live chat panelists offer their thoughts on development's controversial sector.
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- Uncategorized
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Microfinance Apex Bank Proposed in Ghana
Speedy establishment of a Microfinance Apex Bank has been proposed to bolster the microfinance sector, critical for poverty reduction through financial empowerment of low-income people.
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User Participation: The Secret to Successful Prototyping
This is the final post in a three-part series from Grameen Foundation that has discussed designing products and services for poor people. In this post, Tanya Rabourn reviews how to involve the user in the prototyping process to ensure a financial product that will truly serve their needs.
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- Education, Technology
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Inclusion — don’t count on banks
We need thousands of small private sector financial intermediaries for promoting financial inclusion.
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- Uncategorized
- Region
- South Asia
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Weekly Roundup – 10/19/13: Will the FI2020 movement do for financial exclusion what the MDGs have done for poverty and disease?
Since 2000, the Millennium Development Goals have focused the world’s attention on alleviating poverty, hunger and disease, mobilizing massive human and financial capital and bringing undeniable results. The takeaway: solving big problems requires a sense of purpose, specific goals – and a clear timeframe. In a few weeks, the FI2020 movement will put that formula to the test to solve the global problem of financial exclusion.
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Agricultural Mobile Finance: Understanding patterns of daily life at the BoP to leverage market solutions
The growth of mobile technology can lead to disruptive business model innovations in many sectors. One such innovation is agricultural mobile finance that can benefit all the participants in the field-to-fork value chain. But connecting farmers to formal banking on their mobile phones will require multi-stakeholder alliances, market research and an end-user design approach, says Lee Babcock.
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- Agriculture, Education
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Indonesia’s Financial Services Authority Launches Micro-insurance
The Financial Services Authority (OJK) hopes a newly launched blueprint will support the marketing and implementation of micro-insurance products across Indonesia by 2016.According to OJK commissioner overseeing non-banking financial industry Firdaus Djaelani, it is expected that the blueprint will help expand the micro-insurance segment in the domestic market.
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