-
Going Cashless? Bad for Tax Cheats, Privacy, Poor
Could physical cash go away entirely? Economists see great payoffs in a cashless society: lower transaction costs, new tools to manage economic growth and an end to tax evasion and money laundering. Critics see an end to privacy, frightening new powers for tyrants and costs that would fall disproportionately on the poor.
- Categories
- Financial Inclusion, Technology
-
Cyber-threats increase as India goes cashless: Study
As India shifts to a cashless economy, cyber-threats are at a new high with the number of such incidents occurring in banking systems increasing in the last five years.
- Categories
- Financial Inclusion, Technology
- Region
- South Asia
-
Why M-Akiba bond may present new headache to many banks in Kenya
The banks, which are already reeling from the effects of interest rates capping, now face huge competition on deposits from the bond, which gives 10 per cent interest a year, above the capped 7 per cent that banks are offering.
- Categories
- Financial Inclusion, Technology
- Region
- Sub-Saharan Africa
-
Visa pushes further into Africa
Visa has partnered with Interswitch, Africa's integrated payments and transaction solutions company, to bolster adoption of mVisa, the card network’s mobile payment solution, according to Vanguard.
- Categories
- Financial Inclusion, Technology
- Region
- Sub-Saharan Africa
-
Bridging financial inclusion with technology is key
Sonny Singh, Senior VP and GM of Oracle's Financial Services Global Business Unit, tells Anup Jayaram how the company is helping facilitate digital banking in India.
- Categories
- Financial Inclusion, Technology
- Region
- South Asia
-
Commentary: The Surprising Resilience of Cash Transactions
While Singapore, the Netherlands, France, Sweden and Switzerland are among the least cash reliant countries, in Malaysia, Saudi Arabia, Peru and Egypt, only 1 per cent of transactions are cashless. Even some highly advanced countries, such as Japan, are still highly reliant on cash.
- Categories
- Financial Inclusion
-
MobiCash Launches MobiSpaza in South Africa
The new platform is a spaza sector-focused mobile platform and is an inclusive business tool that builds bridges between spaza sector stakeholders, such as private corporations, state-owned entities, co-operatives, and not-for-profit organizations, and the township communities they serve.
- Categories
- Financial Inclusion
- Region
- Sub-Saharan Africa
-
Digital Isn’t Always the Answer: Building Choice into Financial Inclusion Solutions for Smallholder Farmers
Smallholder farmers often live in remote villages, located hours away from towns and cities where they might be able to access consistent mobile networks, bank accounts or other formal financial access points. So while many farmers are curious about the idea of receiving the payment for their cash crops in digital formats, the options for them to use that digital currency are limited. Instead of pushing technology for technology’s sake, financial inclusion projects ought to seek diverse solutions that are appropriate and accessible for customers based on their needs.
- Categories
- Agriculture, Financial Inclusion
Parent Organization
