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IMF Releases the 2016 Financial Access Survey, A Key Tool to Foster Financial Inclusion
The International Monetary Fund (IMF) released today the results of the seventh annual Financial Access Survey, a key source of data on financial inclusion.
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- Uncategorized
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MobiKwik to become first mobile wallet in India to offer personal loans
MobiKwik, one of the leading mobile wallet companies in India, will enter the lending space this month, becoming the first among the top wallet companies to facilitate personal loans.
- Categories
- Technology
- Region
- South Asia
- Tags
- lending, mobile finance
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Weekly Roundup: PSI for Profit, a Slowing ‘Pulse’ in Africa and Medical Tourism on Steroids
The non-profit Population Services International (PSI) announces the launch of a for-profit business in India, sub-Saharan Africa braces for "the lowest growth in more than 20 years," and Obamacare generates some unintended – and potentially exciting – consequences. We discuss these and other issues in our weekly roundup of social business and global development news.
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- Health Care, Investing, Social Enterprise
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McKinsey says digital finance adoption could add trillions to high growth economies
Adoption of digital finance could add $3.7 trillion dollars to the GDP of emerging markets economies, including $1.1 trillion in China alone, according to a new McKinsey & Company report.
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- Technology
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The Volatile ‘Face’ of Digital Financial Services in Zambia
Mobile money operators in Zambia – a country where only half of the residents are even aware of the concept of mobile money – don’t seem to stick around for very long; in fact, 90 percent of them have been in the business for less than one year. What can stop the churn? Research shows that higher income would help, and that can result from better training.
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- Uncategorized
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It’s the Ecosystem, Stupid: Exploring the “digital poverty stack” – Part 2
In the first post in this series, we proposed that donors and governments advance digital and financial inclusion by focusing more on creating public goods that enable the broader ecosystem, rather than on peripheral innovation in service delivery. In this second post, we discuss the implications of this shift and highlight some new efforts to move the fields in the right direction.
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- Social Enterprise, Technology
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Mobikwik to Provide Mobile Wallets to Slum Dwellers With NGO Samagra
Payments company Mobikwik is partnering with non-government organisation Samagra to provide ICT-enabled mobile wallets to the urban slum dwellers the NGO works with.
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- Technology
- Region
- Sub-Saharan Africa
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It’s the Ecosystem, Stupid – Exploring the ‘Digital Poverty Stack,’ Part 1
Donor investments to leverage technology have largely failed to achieve their imagined potential, often producing sub-scale pilot projects which do not solve a real problem. Instead, donors should focus on building a “digital poverty stack,” a set of interoperable and reusable digital tools that can be built into a large number of applications.
- Categories
- Technology
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