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IMF unveils results of global financial access survey
THE International Monetary Fund (IMF) has unveiled the result of its 2014 Financial Access Survey (FAS), which is aimed at mapping the global financial inclusion strategy.
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- Education
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Use of Thin SIM technology approved in Kenya
The use of thin SIM technology has been approved in Kenya paving way for new Mobile Virtual Networks Operators (MVNOs) to use them for new services among them mobile money transfer.
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- Technology
- Region
- Sub-Saharan Africa
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Why isn’t the Reserve Bank of India excited about Modi’s financial inclusion scheme?
The central bank warned last week that a faulty rollout could create more problems than it could fix.
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- Uncategorized
- Region
- South Asia
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JPMorgan Chase to spend $35m on promoting financial inclusion
This commitment builds on the efforts of the Financial Solutions LabSM, a separate five-year, $30 million program developed earlier this year by JPMorgan Chase and the Center for Financial Services Innovation (CFSI), to identify, test and scale innovative financial products and services to improve financial security.
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- Uncategorized
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Gates Foundation offers to help monitor India’s ambitious financial inclusion scheme
NEW DELHI: The Bill & Melinda Gates Foundation has offered to help in monitoring of the progress made with regard to Pradhan Mantri Jan-Dhan Yojana, the flagship financial inclusion scheme of India's government.
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- Uncategorized
- Region
- South Asia
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MasterCard and Bansefi to drive financial inclusion in Mexico
MasterCard and BANSEFI, the social bank of Mexico, announced a partnership to foster financial inclusion in Mexico through the disbursement of social benefits using electronic payments.
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- Uncategorized
- Region
- Latin America
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Free mobile money transactions from Airtel to boost Rwanda’s financial inclusion drive
The government's efforts geared at ensuring that all Rwandans access financial services have been boosted by Airtel Rwanda, which has scrapped charges on Airtel Money service transactions.
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- Uncategorized
- Region
- Sub-Saharan Africa
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African depositors grew fivefold since 2004 according to IMF Financial Access Survey
An International Monetary Fund (IMF) survey revealed that among African countries reporting data on commercial bank depositors, depositors per 1,000 adults experienced a fivefold increase from 2004 to 2013, while simultaneously achieving a 40-percent growth in real GDP per capita.
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- Uncategorized
