-
One Out of Four Financially Excluded Women Across the World Is an Indian: Study
The number of financially excluded women in India fell by 20% between 2014 and 2015, helped by the implementation of the Pradhan Mantri Jan Dhan Yojana (PMJDY), according to Omidyar Network.
- Categories
- Uncategorized
- Region
- South Asia
-
State Bank of Pakistan Aims for 50 Percent Financial Inclusion by 2020
State Bank of Pakistan (SBP) Deputy Governor Saeed Ahmed said that the central bank was pursuing a three-pronged strategy (3PS) to achieve the goal of 50 percent financial inclusion by the year 2020.
- Categories
- Uncategorized
- Region
- North Africa & Near East
-
Prepaid Debit Cards Users in U.S. Will Get New Federal Protections
Prepaid debit cards are a financial lifeline for many people, but a risky one. They lack many of the basic consumer protections that credit cards and bank debit cards are required to offer. That will change next year, with a raft of new federal rules intended to clamp down on a product that has been growing rapidly despite concerns about high fees, poor disclosures and weak protections for customers when something goes wrong.
- Categories
- Uncategorized
-
The G2P Silver Bullet? Not So Fast.
Many governments offer cash transfers to millions of people at or below the poverty line, most of whom are not connected to the formal financial system. If these cash transfers are funneled into bank accounts rather than paid directly out in cash, these people immediately gain an on-ramp to financial services. But there is a resounding dissonance between enthusiasm for this solution, and the evidence to date.
- Categories
- Uncategorized
-
India Post Payments Bank Begins Recruitment for CEO, Key Posts
India Post Payments Bank, which plans to commence operations next year, has started the process of recruitment for key positions such as Chief Executive Officer, Managing Director and Chief Technology Officer.
- Categories
- Uncategorized
- Region
- South Asia
-
FICO and Lenddo Partner to Extend Credit Reach in India
FICO, the world leader in credit scoring, has today announced a new partnership with Lenddo, a specialist in credit and verification technologies. Together, the companies plan to develop a credit risk score for consumers in India who have a limited or no formal credit history.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- credit scoring
-
IMF Releases the 2016 Financial Access Survey, A Key Tool to Foster Financial Inclusion
The International Monetary Fund (IMF) released today the results of the seventh annual Financial Access Survey, a key source of data on financial inclusion.
- Categories
- Uncategorized
-
Viewpoint: It’s Time That For-Profits Start Learning From Nonprofits: Here’s How
As cofounder of a firm that helps nonprofits hire leaders, I’m frequently asked for advice on how someone with a strong private-sector track record can make a move to more mission-driven work. These "sector switchers" are frequently armed with somewhat tone-deaf pitches about how they’re ready to "give back," both by doing socially focused work and by teaching the nonprofit sector how to operate more like the private sector. To those of us who’ve been working with nonprofits for years, however, that pitch is alienating.
- Categories
- Uncategorized
The Best of NextBillion in Your Inbox Each Week!
Subscribe to NB Notes for news, jobs & on-the-ground insights from the world of emerging markets business.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.