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Report: Postal Services Vital For Remittance Delivery In Africa
Postal services can play a pivotal role in delivering remittances, lowering the transfer costs and providing access to basic financial services in Africa, says a new report.
- Categories
- Inclusive Fintech
- Region
- Sub-Saharan Africa
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The countries where women have more bank accounts than men
There are just six countries in the world where more women than men have bank accounts - Argentina, Georgia, Indonesia, Laos, Mongolia, and the Philippines.
- Categories
- Inclusive Fintech
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Almost half of the world’s population still doesn’t use a bank account
The World Bank recently released data on the state of global financial inclusion, and the results are eye-opening.
- Categories
- Inclusive Fintech
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Press release: CGAP Launches New Five-Year Strategy
In addressing the CGAP Annual Meeting, CGAP CEO Greta Bull said: "Our new strategy Is centered around helping poor people adapt to the disruptive forces in an increasingly digital world. Poor people know that financial services can help them manage their lives more securely. It is our job to make sure that we make financial services available, affordable and useful so that poor people can capture opportunities and build resilience."
- Categories
- Inclusive Fintech
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Women Fail to Gain Much Ground on Financial Inclusion
While there have been some advances in helping women gain access to financial services, globally, 65% of women have an account compared with 72% of men. The gender gap is similar in developing economies, with 67% of men and 59% of women having an account.
- Categories
- Inclusive Fintech
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Kenya moves to regulate fintech-fuelled lending craze
“We have a lot of predatory lending out here, which we want to regulate,” Geoffrey Mwau, director general of budget, fiscal and economic affairs at the treasury, told reporters on Thursday.
- Categories
- Inclusive Fintech
- Region
- Sub-Saharan Africa
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Women & Banking: India’s financial inclusion suffers from a gender gap
Indian women score disproportionately low on ordinary functions such as savings and borrowings: of more than three-fourths who have a bank account, less than a fifth (16.7%) save formally, i.e., at banks.
- Categories
- Inclusive Fintech
- Region
- South Asia
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Report: Record Number Of Indians With Bank Accounts. So Why Is Financial Inclusion Low?
Mumbai: Up to 80% of Indians now have a bank account, the same proportion that has a mobile phone, but financial inclusion levels are still among the world’s worst, lower than sub-Saharan Africa on some counts, according to a new report.
- Categories
- Impact Assessment, Inclusive Fintech
- Region
- South Asia
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