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Survey: Banking growth has not boosted savings in South Africa
The number of banked South Africans has grown to 27.4 million over the past ten years, or about 75% of the total adult population. But this increase has not translated into a higher incidence of saving, with only 20% of banked adult South Africans saving either in banks or non-bank financial institutions.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Financial Capability + Savings: IPA explores their impact on school performance and other areas
The theory behind financial education is that by learning financial concepts from an early age, children will make welfare-enhancing financial decisions when they grow up. But does it work? Innovations for Poverty Action runs down the results of programs in Uganda and beyond that are offering savings accounts, financial capability training or a combination of the two.
- Categories
- Education
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Indian start-up to enable bank transactions via kirana stores
Novopay uses Aadhaar biometric scanner for dealings
- Categories
- Uncategorized
- Region
- South Asia
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Twitter Top Ten – 11-2-14: Our favorite tweets of the week
Our "favorite tweets of the week" feature continues. Check it out. And help us out by keeping a close eye on your feed this coming week and tweeting your favorites our way.
- Categories
- Health Care
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Prepaid Protections: An interview with Cecilia Frew, Head of U.S. Prepaid at Visa
Prepaid debit cards are booming in the U.S., with consumers loading over $64 billion onto them in 2012. But due to regulatory uncertainty, there’s widespread confusion about their fees and terms. To address this, Visa is creating a special designation for cards that meet a set of consumer-friendly standards. We spoke with Cecilia Frew, Visa’s Head of U.S. Prepaid, about the product.
- Categories
- Finance
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Rwanda joins Better Than Cash Alliance as part of bid to achieve 80% financial inclusion by 2017
Rwanda has joined the Better Than Cash Alliance to help accelerate the adoption of electronic payments in the country as part of a commitment to achieve 80% financial inclusion by 2017.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Goa will be India’s first state to achieve 100% financial inclusion, say officials
Panaji: With 95% of the house-to-house survey completed and the procedure to allot accounts to Goans done, Goa may well be the first state to be entirely covered under the Prime Minister's Jan Dhan Yojana. With this, Goa will be the first state to achieve complete financial inclusion, officials close to the development said.
- Categories
- Uncategorized
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‘Social Impact Bonds’ Tap Private Money for Public Health
More states are considering “social impact bonds” for multiyear projects in health, education and prisoner rehabilitation. Are they a good investment?
- Categories
- Education, Health Care
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