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India accounts for about a fifth of the global population without bank accounts
Recent statistics released by the World Bank highlight not only the strides made by India on the financial inclusion front, but also the challenges ahead.
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- Education
- Region
- South Asia
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Three focus areas to boost jobs
Micro entrepreneurship, artisanship and agriculture are the three promising areas where huge number of jobs can be created, according to Ravi Venkatesan, former Chairman of Microsoft India and presently Chairman of Senior Venture Partners (SVP) India, a network of philanthropists.
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- Education
- Region
- South Asia
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Nepal commits to modernize economy through digital payments
Nepal recently announced an ambitious commitment to modernize its economy through digital payments, which include joining the Better Than Cash Alliance to foster inclusive growth and transparency.
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- Uncategorized
- Region
- South Asia
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India’s ICICI Bank Launches ‘Tap n Pay’ NFC Based Contactless Payments
ICICI Bank today announced launch of new innovative NFC (Near Field Communication) based contactless payment system in partnership with Tech Mahindra. Called “Tap n Pay”, it allows users to make over-the-counter payments without using any cash or card. The users have to just tap the NFC enabled tag or mobile phone at the merchant’s point-of-sale device to make payments.
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- Uncategorized
- Region
- South Asia
- Tags
- digital payments
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Why Is Apple Inc.’s Mobile Payment System Struggling in the World’s Largest Smartphone Market?
China is a great market for Apple (NASDAQ: AAPL ) . In fiscal Q1 2015, the company reported $16.1 billion in revenue from the greater China region (which includes Hong Kong and Taiwan), up 70% year over year.
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- Uncategorized
- Region
- South Asia
- Tags
- digital payments
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Tech Companies Struggle to Get World on Internet
When Sumarni, a 39-year-old woman in a rural village in Indonesia, first cradled a smartphone in her hand about two years ago, her reaction was “bingung,” the word for “confused” in Indonesian. As she looked at the Android phone’s sleek, black surface, she asked herself: “Where are the buttons?”
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- Technology
- Region
- South Asia
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Report: India’s Microfinance Sector Poised to Grow Robustly in Next Five Years
The microfinance sector, which is seen as a vehicle of financial inclusion, has seen a boom over the past year as government has laid more emphasis on financial inclusion. The sector is expected to grow robustly in the next few years as large players consolidate their position in their market.
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- Uncategorized
- Region
- South Asia
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Number of Women Tobacco Users Rising
The number of women consuming tobacco products has doubled over 15 years, according to a report by the Public Health Foundation of India (PHFI).
- Categories
- Health Care
- Region
- South Asia
- Tags
- public health
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