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Breaking the Myths of Microfinance
A poor woman approaches a microfinance lender along with a couple of her neighbours and friends.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- lending, microfinance
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Viewpoint: E-wallets Won’t Work in India, Says Mswipe Founder
A digital/mobile wallet defeats the very purpose of money, and hence, it is not going to work in India, states Manish Patel, Founder and CEO of mobile point of sale (mPoS) company Mswipe.
- Categories
- Investing
- Region
- South Asia
- Tags
- venture capital
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Citibank, MasterCard Launch Digital Wallet for Debit, Credit Card Customers in India
Citibank India and MasterCard have launched digital wallet Citi MasterPass for both debit and credit card customers to be able to shop online at over 250,000 e-commerce merchants.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- digital payments
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Singapore Fintech Out to Empower Asia’s Unbanked
For most of us including Singaporeans, not having access to credit and debit cards is almost unheard of. Beyond the Little Red Dot though, citizens in Asia, Africa, Latin America and the Middle East continue to transact with cash and coins. They are the world’s unbanked who have minimal contact with banks and financial services. Though the unbanked make up about half of the world’s adult populace today, emerging financial technology startups including Singapore fintech startups are amplifying efforts to bring financial inclusion to the unbanked right at their fingertips.
- Categories
- Uncategorized
- Region
- South Asia
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India Showing Improved Consumer Sentiment: Rakesh Kapoor, CEO, Reckitt Benckiser
Rakesh Kapoor, chief executive at British consumer goods firm Reckitt Benckiser, on Monday said India is showing "improvement in consumer sentiment" even as the maker of Dettol antiseptic liquid and Durex condoms reported better-than-expected performance for the quarter ended June.
- Categories
- Health Care
- Region
- South Asia
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Kerala Selects HP India to Provide Digital Healthcare Solution
The Department of Health and Family Welfare, Government of Kerala, has selected HP India to create an e-Health IT platform to enable the delivery of a digital healthcare solution and services for Health Care facilities across Kerala. The digital healthcare solution will help healthcare practitioners to improve patient care and focus resources.
- Categories
- Health Care
- Region
- South Asia
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Tencent’s WeBank Finds Sweet Spot in Microloans in China
Seven months after its launch, Tencent-backed (00700.HK) WeBank is showing off some of its first financial accomplishments that hint at the direction it may take as it carves out a place in China’s banking sector.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- microfinance
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Islamic banking consistently expanding in Pakistan
Last week, the State Bank of Pakistan granted its first license to a micro-finance bank and brought it into the Islamic mode.
- Categories
- Uncategorized
- Region
- South Asia
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