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Africa Trumps World Giants in Payment Tech
Africa is ahead of the US in terms of the rate of payments innovation, while Europe is lagging way behind.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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A Former New York Investment Banker Takes on Financial Inclusion in India
When she left New York five years ago, a former Wall Street investment banker had a plan for a new business in India. Today, that plan has become a growing company tackling financial inclusion in a way few have considered to date, in India’s evolving, highly unique, growth environment.
- Categories
- Uncategorized
- Region
- South Asia
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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.
- Categories
- Education
- Region
- South Asia
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‘Mobile money is not the only option in Sub Saharan Africa’
Mobile money platforms may have taken root in Sub Saharan Africa but they are not the only innovation disrupting the financial services sector in the region, with new technology-based finance platforms also seeing rising uptake, experts say.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Somalia’s Premier Bank to bring ATMs, debit cards to Mogadishu
Somalia's Premier Bank has struck a deal with Mastercard and will issue debit cards and install ATM machines in the capital of the war-ravaged country, the Islamic lender's top executive said on Wednesday.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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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.
- Categories
- Uncategorized
- Region
- South Asia
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More Than Just Good Advertising: Challenges and best practices in driving digital financial services adoption
Despite the large sums of money being poured into digital financial services around the world, enrollment and usage remain low. Few services reach those who need them most. Grameen Foundation researchers Emilia Klimiuk and Joel Muhumuza have studied why, and they share several tactics to drive adoption.
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- Uncategorized
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MTN & Vodafone Interconnect Their Mobile Money Services
In a move focused at deepening financial inclusion in East Africa, MTN and Vodafone have agreed to intersect their mobile money services.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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