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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
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Study Examines India’s Policies for Financial Inclusion of the Unbanked
With about 190 million unbanked adults, India is second only to China among developing countries in the number of residents who don't have bank accounts or participate in the formal financial sector, according to World Bank.
- Categories
- Finance
- Region
- South Asia
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Estonia-based Fintech AskRobin, which Aims to Serves Underbanked Latin Americans, Secures $1.7 Million in Capital
AskRobin, a fintech firm that manages a financial services marketplace for underbanked Latin American clients, has secured $1.7 million in capital.
- Categories
- Finance
- Region
- Latin America
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New Era, New Data: Why ‘Financial Inclusion 2.0’ Will Require a Different Approach to Measurement
Financial inclusion is entering a new era, says Grant Robertson at FinMark Trust. The movement’s first era focused largely on boosting financial access – but its impact on poverty and wellbeing was limited. The new era – "financial inclusion 2.0" – will focus more on expanding real economic opportunity. But to support this goal, the sector will need a new approach to data.
- Categories
- Finance, Impact Assessment
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Brazil Undertakes Massive Tech-Enabled Financial Inclusion Exercise With “Coronavoucher”
Millions of unbanked citizens are receiving the government's emergency financial aid through a mobile app.
- Categories
- Coronavirus, Finance, Technology
- Region
- Latin America
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