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Free the Cash Networks!: How one small regulatory change could have a huge positive impact on mobile money’s development
Mobile money is booming around the developing world - but would-be entrepreneurs and even established companies are dealing with a major impediment to their success: the challenge of running a cash-in/cash-out agent network. These struggles are impeding the supply of competitive digital financial services, says Ignacio Mas - but
a simple regulatory change could help eliminate the problem.- Categories
- Uncategorized
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75% of Jan Dhan accounts empty: Indian financial inclusion scheme may be missing its objective
Initial indications from the data on Prime Minister's Jan Dhan Yojana (PMJDY) are that the grand financial inclusion scheme of the Narendra Modi government has failed to achieve its original objective - to encourage the country's vast unbanked poor population to use bank accounts for cash transactions.
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- Uncategorized
- Region
- South Asia
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India Post keen to become a universal bank
India Post is interested in turning itself into a universal bank like many of its peers across the world and a committee under former Cabinet Secretary TSR Subramanian is looking into the matter, a senior department official said today.
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- Uncategorized
- Region
- South Asia
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PRESS RELEASE: Accion and MasterCard Foundation Partner to Strengthen Board Governance in Africa
The Center for Financial Inclusion at Accion today announced a $6.1 millionpartnership with The MasterCard Foundation to launch the Accion Africa Board Fellowship program.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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OPINION: Financial inclusion is key to addressing America’s two-speed economic recovery
I’ve had the opportunity over the last few months to meet bankers and regulators from around the world to discuss their economic growth plans, the impact of rising inequality in wealth and incomes, and in some cases, extending the reach of their financial systems.
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- Uncategorized
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Taxi-hailing smartphone app Uber to launch mobile wallet in India
The taxi-hailing smartphone app Uber will launch a mobile wallet in India after its payment mechanism came under the RBI scanner for flouting the mandatory two-step verification on card transactions earlier this year.
- Categories
- Technology
- Region
- South Asia
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Financial Inclusion Under the Microscope: Which countries scored highest in Accion’s “Global Microscope 2014”?
Accion’s Global Microscope evaluates the environment for financial inclusion in 55 different countries, on indicators that include government support, the supervision of microfinance and other financial products, the status of credit reporting, regulations governing mobile banking, and consumer protection. Sonja Kelly runs through some winners and losers.
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- Uncategorized
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OPINION: Financial inclusion in India needs another model
Priority sector targets are met by means fair and foul. Competition in providing credit to the unbanked will work better
- Categories
- Uncategorized
- Region
- South Asia
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