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It’s Hard Out Here for a Personal Finance App: CFSI offers tips on creating a successful app for the underserved in a tough competitive landscape
As mobile access has exploded worldwide, smartphone ownership has skyrocketed among low-income Americans, spawning countless personal finance apps for the underserved. These apps can provide services, offer timely guidance, and help users achieve financial goals. CFSI discusses how developers can create apps that improve financial health, while surviving in a cutthroat market.
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- Technology
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- mobile finance
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Mobile Money on the Move: Part Two of Our Interview With Carol Caruso, Senior Vice President, Channels and Technology at Accion
The growth in global mobile connectivity has been astonishing, and perhaps no sector has been more impacted than finance. We spoke recently with Carol Caruso, Senior VP of Accion’s Channels & Technology unit, about the shifting trends and future outlook of mobile finance in part two of this Q&A.
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- Technology
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Weekly Roundup – 6 Mobile Finance Innovations (That Have Nothing to Do With Apple): While the U.S. obsesses over the latest gadget, mobile finance accelerates around the world
Lately, the digital payments conversation in the U.S. seems to revolve around whatever Apple is doing. But while we discuss the latest gadget, mobile finance innovation is exploding in countries around the world. We highlight six intriguing recent developments affecting countries from China to Kenya in this roundup.
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3 Reasons India May Be The Next Digital Finance Hotspot: Mondato explores the potential of a rapidly shifting market
Finding the right incentives for merchants to accept digital and mobile payments is a task that many have attempted and few have achieved. But according to Mondato, after flying under the mobile finance radar for a long time, India could be the country that does it. Chris Connolly highlights three ingredients that could make India the next digital finance hotspot.
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- Technology
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Chinese Phone Giant Xiaomi Tests Mobile Wallet That Pays Interest
Chinese phone giant Xiaomi has introduced a new wrinkle on the mobile wallet: A portable account that bears interest.
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- Uncategorized
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- Asia Pacific
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- mobile finance
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Asia Steps Up Efforts to Reach the ‘Unbanked’
Across Asia, governments are experimenting with novel ways to widen access to financial services, from using mobile technology for transfers to allowing retail stores to take deposits in remote areas.
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- Uncategorized
- Region
- Asia Pacific
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Microfinance Goes Digital: Opportunities and challenges in enabling pro-poor financial institutions to connect to the digital ecosystem
Mobile financial services are finally moving beyond payments, with 26 mobile savings and 37 mobile credit services now live. But in spite of this progress, smaller microfinance institutions and other pro-poor organizations have been forced to watch from the sidelines for lack of resources. Grameen Foundation addresses this and other challenges in the first post in a series on what it takes for an MFI to go digital.
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‘Financial inclusion is not going to be realized without smartly leveraging technology’: An interview with Carol Caruso, Senior Vice President, Channels and Technology at Accion
With cellphones booming in developing countries, achieving universal financial inclusion by 2020 is no longer unrealistic. Accion has been at the forefront of digital finance as an anti-poverty tool. We recently spoke with Carol Caruso, who leads Accion’s Channels & Technology unit, about what the future holds.
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