-
Zimbabwe Turns to Mobile Money Regulations in Bid to Stem Currency Plunge
The Reserve Bank of Zimbabwe on Monday stopped operators of mobile-money services, the dominant way in which money is moved in the country, from paying out cash.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- fintech, regulations
-
Indian Government Expands Scope of CSR Spending
Till now, companies were allowed to provide CSR funds to technology incubators located within Centre-approved academic institutions.
- Region
- South Asia
-
India’s Microfinance Industry To Self-Regulate With Code For Responsible Lending
Manoj Nambiar, Chairperson, MFIN, said: “This is a significant self-regulatory step across all RBI-regulated entities and others that aims at safeguarding the interests of low-income customers through enhancing transparency and compliance."
- Categories
- Finance
- Region
- South Asia
- Tags
- microfinance, regulations
-
The Group Overseeing Facebook’s Libra Cryptocurrency Will Apply for a Payments License in Switzerland
The Libra Association, the organization in charge of overseeing Facebook’s proposed cryptocurrency, said Wednesday it will apply for a payments license in Switzerland.
- Categories
- Finance
- Region
- Europe & Eurasia
-
Reserve Bank of India Allows Fintech Companies, Financial Institutions to Set up Regulatory Sandbox
The RBI said the RS fosters 'learning by doing' on all sides and regulators obtain first-hand empirical evidence on the benefits and risks of emerging technologies and their implications.
- Categories
- Finance
- Region
- South Asia
- Tags
- fintech, regulations, startups
-
Indonesia Has Shut Down 826 Fintech Startups This Year Alone
Indonesia, home to more than 260 million, has emerged as a prized market for fintech startups as about 90% of its population don’t carry credit cards and majority has no access to formal banking services.
- Categories
- Finance
- Region
- Asia Pacific
- Tags
- fintech, regulations, startups
-
Viewpoint: Regulators Walk the ‘Mobile Money’ Line
Banking-by-phone is on the rise, and so are the risks of anti-competitive behaviour and money laundering.
- Categories
- Finance, Telecommunications
- Region
- Sub-Saharan Africa
-
Facebook Is Inviting Washington to Regulate Libra — Good Luck With That
By not being classified as a bank, Facebook is able to avoid some of the rules that other banks have to follow.
- Categories
- Finance, Technology
- Region
- North America
Subscribe to Our 'Business in Global Development' Newsletter!
Our new weekly LinkedIn newsletter features NextBillion's latest original articles, along with curated news, jobs, bizdev opportunities and events from our recent coverage of impact-focused business in emerging markets.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.