-
Mobile Money Amplified: Mondato Summit Africa to discuss the continent’s digital future in Johannesburg on June 2 – 3
A second generation of mobile financial tools and providers looks set to transform Africa’s economies. But while the outlines of Africa’s digital future may be faintly discernible, the substance is far from clear. Mondato Summit Africa, on June 2 - 3 in Johannesburg, South Africa, will seek to identify the key issues that will shape the evolution of African mobile commerce & finance in the years ahead.
- Categories
- Uncategorized
-
Financial Inclusion: How Banking Is Coming to India’s Countryside
One of the ways that Indian Prime Minister Modi is trying to get more Indians into the financial system is by delivering state support straight into bank accounts of those who need it rather than via costly price subsidies.
- Categories
- Uncategorized
- Region
- South Asia
-
Industry Convergence in Financial Services Is Accelerating
These days everyone wants to create the next Uber for anything, and the word “disruption” is mentioned across boardrooms and management meetings in nearly all industries. But while discussing the true meaning of disruption and which fintech startups are worth keeping an eye on, incumbents are at risk of overlooking players that once were customers and partners that can quickly become new digital competitors.
- Categories
- Technology
-
Press Release: Microcredit Summit Campaign Joins World Bank’s Financial Inclusion Efforts
The Microcredit Summit Campaign joins the World Bank Group and their coalition of partners -- including MasterCard, Visa, Mandiri, the State Bank of India, Equity Bank, and Bandhan -- in making a commitment to accelerate universal financial access; financial access and inclusion are stepping stones to achieving the end of extreme poverty by 2030. The Campaign will work with its reporting institutions to help them expand their outreach by at least 53 million of the world's poorest families, bringing the overall total of the world's poorest families reached by microfinance to 175 million by 2020.
- Categories
- Technology
-
Press Release: MasterCard Fndn. Announces $150,000 Award for the Most Client-Centric Organization Advancing Financial Inclusion
The MasterCard Foundation today announced the opening of its Clients at the Centre Prize competition, a US$150,000 initiative to find and recognize the most customer-focused organization working to enable poor people in developing countries to access formal financial products and services.
- Categories
- Uncategorized
-
Other Countries Like US, Russia May Soon Follow the Model of India’s Financial Inclusion Drive
The Pradhan Mantri Jan Dhan Yojana programme, the drive launched by Prime Minister Narendra Modi to ensure at least one member in every household in the country had a bank account, could soon emerge as a worldwide template for achieving rapid financial inclusion.
- Categories
- Uncategorized
- Region
- South Asia
-
Press Release: Accion, FMO and Triodos Investment Management Form Consortium to Strengthen Financial Inclusion in Myanmar
Financial inclusion pioneer Accion, the Dutch development bank FMO, and Triodos Investment Management today announced their plans to invest in and expand Dawn Microfinance, one of the earliest microfinance institutions (MFIs) established in the Republic of Myanmar. The $6.85 million investment is intended to establish the newly incorporated MFI as a premier institution that can serve as a model for the country’s nascent microfinance industry and influence the development of the sector.
- Categories
- Uncategorized
- Region
- South Asia
-
NexThought Monday: Is Faster Necessarily Better?: As India’s financial inclusion initiatives race forward, questions linger about its microfinance-focused MUDRA
The pace of recent financial inclusion initiatives in India has been supersonic. Since August of last year, banks have opened 147 million new accounts, thanks largely to government programs. But while this progress is exciting, there are a number of unanswered questions about the real impact of these initiatives, including the new microfinance refinancer/regulator MUDRA.
- 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.