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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
- Tags
- 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
- Tags
- 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
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Telecoms firms pin hopes on mobile banking
Cellular operators want to open up their networks for more banking transactions as they have pinned their hopes on mobile money to grow revenues in the future. According to Fredrik Jejdling, Ericsson’s sub-Saharan African regional head, the most downloaded mobile apps in Africa now were banking apps. Social networks were the second most downloaded.
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- Uncategorized
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Mobile banking without a phone: Here comes the bank van
In Uganda, Rwanda, and the Philippines mobile banking vans reach out to the rural poor as an alternative to cell phone banking schemes.
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- Uncategorized
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World Bank says expanded access to banking services comes with risks
In a new report, the World Bank warns that while some services, like low-fee accounts, clearly benefit the poor and small firms, others - such as microcredit, microinsurance, and debt relief - can do more harm than good.
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Expanding the Platform: What’s holding back Kenya’s mobile money ecosystem – and how to improve it
Kenya leads the world in mobile money, but the wildly successful M-Pesa platform is still used mainly for remittances. For the country to realize its mobile finance potential, it must develop a much broader range of payment use cases, says Jake Kendall. He challenged a team of researchers to identify the country’s mobile finance challenges and to come up with solutions - here’s what they found.
- Categories
- Education
- Tags
- mobile finance, research
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Mobile money agents fortify shops to stem rising crime
An upsurge of crime targeting mobile money shops in Kenya has prompted operators to come up with new ways to ward off criminals.
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- Uncategorized
- Region
- Sub-Saharan Africa