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Nachiket Mor discusses his ambitious financial inclusion proposals for India
A few years ago, when he was based in Thanjavur after leaving ICICI Bank, Nachiket Mor used to decline requests from the press about financial inclusion, saying he had left that discipline. Over the past few months, however, he has come back into the field. He is on the RBI board. More recently, a committee headed by him just submitted an ambitious report on financial inclusion. ET's Vidhya Sivaramakrishnan met Mor for a chat.
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- Uncategorized
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Kenya plans heavy penalties for rogue mobile subscribers and operators
Kenya plans to tame rogue mobile subscribers and operators through stiffer penalties in a new set of laws to be published this week.
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- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- governance, mobile finance
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Ethiopia breaking new technology ground
At the beginning of 2013 when Ethiopia’s government approved mobile money in the country, allowing banks and micro-finance institutions to provide transaction-based banking online.
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- Technology
- Region
- Sub-Saharan Africa
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Mobile Money Movers – Part 4: An interview with Greg Chen, Senior Financial Sector Specialist at CGAP
In Part 4 of our Mobile Money Movers series, Mercy Corps’ Kyla Yeoman and Greg Chen, Senior Financial Sector Specialist at CGAP, discuss the benefits of moving toward a cashless society, and the ways that financial service providers are using technology and innovation to onboard (and maintain) new clients and increase uptake among the unbanked.
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- Finance
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Let Me Keep My Cash: The challenge of digitizing wages in Bangladesh’s garment sector
In the search for ways to jump-start the use of electronic money, some proponents are focusing on the digitization of wage and salary payments. But InterMedia’s latest research in Bangladesh suggests that convincing workers to embrace cashless payments may not be a slam-dunk.
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Will taxes kill mobile money in Africa?
One sector continues to show growth in Africa and demonstrate the genuine potential the continent has to leapfrog global counterparts: mobile money services. However, recent media reports have highlighted one controversial aspect of the mobile money transfer market that continues to generate news headlines: taxation on mobile money services offered by network operators.
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- Uncategorized
- Tags
- governance, mobile finance
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Smartphone uptake boosts mobile banking
The growing demand for smartphones, mass adoption of cashless services and hotspot services that provide free Wi-fi to customers has resulted in the expansion of the mobile wallet industry, according to a new report.
- Categories
- Education, Technology
- Tags
- mobile finance, research
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Will Nigerians embrace mobile money in 2014 ?
In the bid to deepen financial inclusion across the country, financial institutions and mobile money service providers are introducing resourceful methods of bringing the unserved populations into the formal economy by using mobile phones but Nigerians appear unfazed about the mobile money mantra.
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- Uncategorized
- Region
- Sub-Saharan Africa
