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PHOTOS: What If The Poor Weren’t Marginalized?
The idea of "financial inclusion" can seem abstract or difficult to comprehend until you put a human face on it.
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- Uncategorized
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The Power of Choices: Applying behavioral economics to financial services – part 1 of our interview with Alexandra Fiorillo, VP at ideas42
If you’re working to alleviate poverty, steering people toward wise financial choices can make a huge difference. That’s why we’re excited to introduce ideas42, a consulting organization that specializes in behavioral economics, as a content partner on NextBillion Financial Innovation. We spoke with their VP Alexandra Fiorillo about how behavioral economics can be used to promote financial inclusion and improve lives at the BoP.
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- Finance
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Building the Business Case for Youth Financial Services: UNCDF, MasterCard Foundation provide lessons for financial services providers
Of the 1.2 billion youth in the world, 130 million are out of school, 45 percent live on less than US $2 a day, and 50 percent do not participate in the labor force. Is there a business case for creating financial products for them? YouthStart tested approaches for serving low-income young people in a sustainable manner, and their recent report aims to inform successful long- term strategy for financial service providers.
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- Education
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Mobile money meets credit card in Ghana
MTN and Visa have partnered to offer customers a mobile payment solution which allows MTN Mobile Money users to make face-to-face and online transactions wherever Visa is accepted.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Why Kenya’s mobile leaders are optimistic about 2014
MEF, the global community for mobile content and commerce, today launched the first report of a three-country African Growth Market Study on mobile content and commerce.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Mobile banking clients cross 10m mark in Bangladesh
“The milestone has been achieved in just three years, contributing a lot to the financial inclusion initiative”
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- Uncategorized
- Region
- South Asia
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Operation Hope Summit: Reaching the Bottom of America’s Pyramid
Rather than casting the poor as lazy or ignorant, society should be looking for ways to redirect their latent talents and connect them with opportunity.
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- Uncategorized
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Telecoms firms pin hopes on mobile banking
Cellular operators want to open up their networks for more banking transactions as they have pinned their hopes on mobile money to grow revenues in the future. According to Fredrik Jejdling, Ericsson’s sub-Saharan African regional head, the most downloaded mobile apps in Africa now were banking apps. Social networks were the second most downloaded.
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- Uncategorized
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