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How mobile money fights malnutrition in Guatemala
When a natural disaster or humanitarian emergency strikes, food is usually distributed in the form of rations given to people standing in long queues.Getting cash and food aid to remote rural communities after a natural disaster like an earthquake or a hurricane is logistically complex, expensive and takes time.
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- Uncategorized
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- mobile finance
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Telecoms and Banks lock horns over mobile banking in Zimbabwe
The bankers association accuse the mobile telephone operators of exploiting a grey area in the Banking Act.
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- Technology
- Region
- Sub-Saharan Africa
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Banks in Nepal are building interoperable mobile money offerings
In Nepal, two 3rd party initiatives are attempting to bring together the banks and offer the tools needed for them to successfully operate mobile money. The banking sector in Nepal is fragmented with not one bank having double digit market share.
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- mobile finance
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Expanding mobile money programmes in Kenya
Over the past six years, Kenya has posted significant growth in mobile phone financial services – a sector that it has in many ways helped to pioneer – and the medium-term outlook looks equally encouraging as operators move to offer traditional banking products such as savings accounts and loans. With the sector gradually converging with conventional financial services, the central bank is moving to strengthen its regulatory oversight, which could alter market dynamics.
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- Uncategorized
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- mobile finance
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Kenyan businesses offer global insight
A number of business models originating in the country have offered global lessons on financial inclusion, ranging from mobile money, banking to insurance.The World Bank, in a new report titled ‘Global Financial Development Report 2014: Financial Inclusion’, cites various examples of success of various business models in the country that have helped deepen financial inclusion.
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Indian banking at a crossroads
Indian banking is clearly at a turning point. Some of the key changes we will see in the next few years could push the sector into a new orbit. It will force the existing players to be more efficient in their operations and in their allocation of capital. Given the level of interference public sector banks face, they are likely to fall even further behind their private sector competitors.
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- Uncategorized
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- mobile finance
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Changing trends: Technological developments in Pakistan’s banking sector
Technological advances are quickly changing the face of the Pakistani banking industry. Alternative channels are growing quickly and represent a sizable portion of banks’ revenue streams as all banks as well as mobile network operators are jumping on the ‘branchless banking’ bandwagon.
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- Uncategorized
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- mobile finance
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Mobile banking clients cross 10m mark in Bangladesh
“The milestone has been achieved in just three years, contributing a lot to the financial inclusion initiative”
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- Uncategorized
- Region
- South Asia