-
10 Challenges That Could Make or Break India’s Payments Banks: Their revolutionary potential is no guarantee
Last week, the Reserve Bank of India announced that it will issue 11 Payments Bank (PB) licenses, permitting a variety of institutions to provide a limited slate of financial services to underserved populations. The RBI hopes PBs will “revolutionize banking” in India, but their impact is not guaranteed. Here are 10 challenges PBs will face – and how they can live up to the government’s ambitious goals.
- Categories
- Uncategorized
-
Will West Africa be the New East Africa in Mobile Money?: Shifting regulations and a growing ecosystem make the region an area to watch
Though the member countries in the West African Economic and Monetary Union share one currency and one central bank, their mobile money ecosystems differ greatly. However, interoperability will likely be integrated across most of these countries in the not too distant future. Could its new regulatory regimes and developing ecosystems help the region take its place alongside the mobile money sprinters of East Africa?
- Categories
- Technology
-
OPINION: Payments Banks – A game-changing idea for financial inclusion in India
Over the next decade or so, payment banks' functioning has the potential to bring about another revolution in the banking sector.
- Categories
- Uncategorized
- Region
- South Asia
-
Indian mobile operators feature strongly among ‘payments bank’ license winners
Bidders linked to the country’s top three mobile operators – Bharti Airtel, Vodafone and Idea Cellular – as well as newcomer Reliance Jio Infocomm and Telenor were among eleven winners of payments bank licenses in India.
- Categories
- Uncategorized
- Region
- South Asia
-
China’s move to regulate Internet payments sparks concern
China is moving to limit the lightly regulated world of internet payments, an initiative that some critics warn could stifle development in one of the most innovative sectors of the economy.
- Categories
- Uncategorized
- Region
- Asia Pacific
-
OPINION: 10 developments that could transform the future of Indian banking
With emerging needs in urbanisation, industrialisation, digitisation, education, financial inclusion, and global integration, the following 10 developments will shape the banking industry in India’s journey towards a $20 trillion economy.
- Categories
- Uncategorized
- Region
- South Asia
-
Can Tobacco Excise Taxes Be a Boon for NCD Financing?
Governments need to put more effort in implementing one of the World Health Organization Framework Convention on Tobacco Control’s proven measures to reduce demand and deaths from tobacco use — levying high taxes on tobacco products.
- Categories
- Health Care
- Tags
- regulations
-
Raise Taxes on Cigarettes, Other Tobacco Products: WHO
The World Health Organisation has urged governments around the world to increase taxes on cigarettes and other tobacco products to save lives.
- Categories
- Health Care
- Region
- South Asia
- Tags
- regulations
Subscribe to Our Weekly Newsletter, "NextBillion Notes"
Published each Wednesday, our e-newsletter features NextBillion's latest original articles, along with a selection of news, jobs, bizdev opportunities and events from our recent coverage — and regular conference ticket giveaways.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.