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Philippines Leads 12 Asian Nations in Giving Access to Finance
The Philippines provides the best access to financial services to people among 12 countries in Asia, reflecting the central bank’s efforts to boost inclusion and tackle poverty, an Economist Intelligence Unit study shows.
- Categories
- Uncategorized
- Region
- South Asia
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Econet Wireless partners with Western Union in Zimbabwe
ZIMBABWE’S largest mobile telecoms company by earnings and subscribers Econet Wireless and Western Union Company, a leader in global payment services, have teamed up to offer consumers fast and reliable international money transfers.
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- Uncategorized
- Region
- Sub-Saharan Africa
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WorldRemit expands mobile money transfer services to Latin America
WorldRemit, an online and mobile money transfer company, has announced a partnership with Bancomer Transfer Services Inc. to offer money transfers to Latin America.
- Categories
- Uncategorized
- Region
- Latin America
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“Africa needs Africa”: MasterCard & Bank of Tanzania push for local solutions
Zahir Khoja, VP, global channels at MasterCard, said Africa is attractive as an untapped opportunity and warned many companies think they can implement a “plug and play solution” without realising that “sometimes there is no socket” to do this. Instead they need to understand that an African-specific solution is needed.
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- Uncategorized
- Region
- Sub-Saharan Africa
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One Size Doesn’t Fit All: Understanding the shifting dynamics of BoP clients’ demand for financial services
As the need to better serve BoP markets has become a business imperative, both the context and our knowledge about low-income consumers’ use of financial services have changed. For that reason, Monique Cohen argues, we need an approach to customer service and product development that recognizes customers’ different - and evolving - financial needs.
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- Uncategorized
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USAID administrator announces financial inclusion commitments in India
U.S. Agency for International Development Administrator Rajiv Shah announced USAID support for three priority areas of partnership as identified in the recent summit between Prime Minister Modi and President Barack Obama in Washington.
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- Uncategorized
- Region
- South Asia
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India’s financial inclusion scheme progressing ahead of schedule
At the current pace, it's a matter of days before bank employees help the government scale the target of opening 7.5 crore bank accounts under the financial inclusion scheme launched on August 29.
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- Uncategorized
- Region
- South Asia
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Converting Short-Term Remittances Into Long-Term Investments: Global Fund explores ways to build in financial inclusion and sustainable funding for health care
As many countries face mounting pressure to identify additional sources of domestic financing, The Global Fund ponders how individual remittance and savings accounts can play a larger role as an innovative solution for public health.
- Categories
- Education, Health Care
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