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Analysis: Keeping an Eye on Fintech in the Philippines
According to the Bangko Sentral ng Pilipinas (BSP) Financial Inclusion Survey, only 29 percent of all adults were banked as of 2019. This means 51.2 million Filipinos remain unbanked.
- Categories
- Finance, Technology
- Region
- South Asia
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Bitcoin Too Volatile To Aid Financial Inclusion, Says Mastercard CEO
The inherent volatility of Bitcoin makes it ill-fitted for the needs of unbanked people, argued Mastercard CEO Ajay Banga.
- Categories
- Finance, Technology
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Visa Partners With Zeepay; Drives Financial Inclusion Across Ghana & Africa
ZEEPAY has partnered with Visa to allow Africans in the diaspora to directly send money onto Visa debit and prepaid cards in Ghana.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Lana Has Launched in Latin America To Be the One-Stop Shop for Gig Workers’ Financial Needs
Lana, a new startup based in Madrid, is looking to be the next big thing in Latin American fintech.
- Categories
- Finance, Technology
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Bank Mitras in India: How Agents of Financial Inclusion Were Neglected During the Pandemic
The bank mitras continue to work without defined working provisions and under inadequate remuneration, observed the AIBEA in a letter addressed to the bankers’ body.
- Categories
- Coronavirus, Finance
- Region
- Asia Pacific
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Analysis: Could Digital Currencies Make Being Poor Less Costly?
Blockchain-based payment systems can bring the more than 1.7 billion people who are unbanked or underbanked (including 25% of U.S. households), into the formal economy. And in doing so, they can render obsolete the expensive, usurious payment and informal financial services those people use to make ends meet.
- Categories
- Finance, Technology
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Analysis: Africa’s Mobile Banking Will Be Redefined by Social Media
The COVID-19 pandemic has precipitated a race among African Banks to become fully digital as consumers increasingly demand more personalised service across multiple channels.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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UK Government Aims Fintech Industry at Africa
UK government is building fintech relationships with developing countries, beginning with a pilot programme in Africa.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa