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The Power of National Targets in Financial Inclusion: The Alliance for Financial Inclusion discusses their potential and proper use
“National targets” are a familiar concept, and they’ve been used extensively by countries that rely on central planning for socio-economic development. However, many countries have misused the concept, misaligning their capacity and incentives. But Nimal Fernando argues that the process of setting national targets, if carried out right, can advance a country’s efforts toward financial inclusion.
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OPINION: Can microfinance be self-regulated?
The Reserve Bank’s recent announcement, recognising industry associations as self regulatory organisations (SRO) is being seen as a positive development for the microfinance industry (MFIs). But have MFI associations acquitted themselves well enough to deserve this regulatory mantle?
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Column: E-nabling financial inclusion
The imperative for financial inclusion is both a moral one as well as one based on economic efficiency. Should we not give everyone that is capable the tools and resources to better themselves, and in doing so, better the country?
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Private banks go offbeat to make inclusion effective
A decade ago, financial inclusion was merely a regulatory compulsion for most private banks in the country. But now many of them have stepped up efforts to improve the penetration of banking services, notwithstanding their disagreement over Nachiket Mor committee's recommendations on financial inclusion.
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Are Kenya’s mobile banking services unfair?
Safaricom's latest venture M-Shwari hits a speed bump, threatening Kenya's leadership in the global race for mobile money and banking adoption.
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Can Digital Currencies Change the World?
Riding on the Bitcoin hype, a legion of techno-optimists believes that digital crypto-currencies have the potential to transform ineffective global payment systems, and ultimately spur global financial inclusion.
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Namibia: MTC Partners With Mobipay for MTC Money
The country's largest mobile network operator - MTC, has entered the mobile payment market in partnership with MobiPay in a first step taken by a Namibian mobile network operator.
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- Sub-Saharan Africa
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Can Mobile Money Really Transform the Lives of the Poor?: BRAC will discuss its potential at the 2nd Frugal Innovation Forum on March 28-30
By the end of 2014, there will be more mobile phones than people in the world. This opens up a significant opportunity for new strategies to help people move out of poverty. But how big can the impact be, and what obstacles stand in the way? These and other topics will be under discussion at BRAC’s 2nd Frugal Innovation Forum on March 28-30, 2014.
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