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Seven Wishes from Seven Thought Leaders for Financial Inclusion in 2016
2015 was an important year for the world of financial inclusion. To better understand and build on the year's successes, BRAC approached the Microfinance CEO Working Group to inquire about their wishes for financial inclusion over the coming year. Here’s what seven industry thought leaders shared with them.
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IBM Signs $38 Million Deal for ATM Infrastructure Management in India
IBM has signed a Rs 260 crore deal with BTI Payments for ATM infrastructure management, as it focuses on deepening its hold on the financial services sector in India.
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- Technology
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- South Asia
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M-Pesa Rolls Out in Ghana, Expands Into West African Market
Vodafone Group announced the rollout of mobile money platform M-Pesa in Ghana, the 11th market where it has launched the service so far.
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- Sub-Saharan Africa
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Viewpoint: 2016: The Year When Financial Inclusion Turns Big Business
It’s that time of year again. As a new year rolls on in, once again pundits are predicting the upcoming peaks and pitfalls for the FinTech industry in the year ahead.
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JP Morgan Backs Project to Get Poor Women to Use Bank Accounts
The world's biggest bank by assets JP Morgan, is spending over half a million dollars (Rs 3.9 crore) in India to get poor women to do more banking. The two-stage programme involves first identifying reasons why women bank accounts are inactive and later coming out with a value proposition for such women by involving a financial services company and a digital payment company.
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- Uncategorized
- Region
- South Asia
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In Response to Crisis, Bank of Ghana to Review Licensing Regime for Microfinance Companies
The Bank of Ghana (BoG) has decided to review the process of granting licences to microfinance institutions (MFIs) to forestall illegal operations by unqualified MFIs in the country.
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- Uncategorized
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- Sub-Saharan Africa
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Why Bitcoin Can’t Help The Poorest – Yet
The term “financial inclusion” is a new buzzword in the fintech space. With the rise of services like Abra and MPesa, we are convinced that bitcoin is the solution to the problems of the unbanked. With bitcoin, we say, the house cleaner in Dubai can get her money home and the refugee can get his money over the border into a safer place.
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India’s Postal Service Seeks to Serve as Banker to the Masses
The world's largest post office network is planning to ramp up its financial services across India, triggering a race among commercial banks to set up partnerships to reach remote areas that have been unprofitable.
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- Uncategorized
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- South Asia
