Financial inclusion - Announcements, News, Articles & Research: Finextra

RBI sets out payments vision

The Reserve Bank of India has today placed on its website the “Payment and Settlement Systems in India: Vision-2018”.

24 June 2016

Speech: Bank of Canada's Carolyn Wilkins on fintech and the financial ecosystem

It is no exaggeration to say that we are in the midst of a defining moment for innovation in financial services. Some expect that new technology will cause a complete disruption of traditional financial institutions, giving businesses and households access to more convenient and customized services.

17 June 2016

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FinLab showcases winners of $3 million fintech competition

Today the Financial Solutions Lab (“FinLab”) at the Center for Financial Services Innovation (CFSI) with founding partner JPMorgan Chase & Co. (NYSE:JPM) announced nine financial services innovators as the winners of its second competition, aimed at identifying solutions that help consumers prepare for – and weather – financial shocks.

17 June 2016

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IFC and MasterCard sign financial inclusion MoU

IFC, a member of the World Bank Group, and MasterCard have agreed to work together to broaden the use of electronic payments by micro, small and medium enterprises, with the goal of connecting five million such businesses to the global payments network over five years.

17 June 2016

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Pacific Financial Inclusion Programme launches fintech programme

This is a call for expressions of interest from consulting firms and individuals specialized in the design and development of financial products and services that are delivered through digital channels.

31 May 2016

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Ericsson to develop 'Emergency Wallet' for humanitarian aid

Ericsson (NASDAQ: ERIC) has committed to developing Ericsson Emergency Wallet, a mobile financial services solution, for deployment in the immediate aftermath of disaster or crises to support humanitarian organizations and affected populations.

23 May 2016

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MasterCard to expand digital aid distribution services

Tens of millions of people around the world receive vital humanitarian aid every year and the need continues to grow exponentially.

23 May 2016

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The role played by digital payments in Ebola crisis

Mobile phones serving as digital “wallets” for payments to response workers proved an invaluable tool in Sierra Leone’s response to the Ebola crisis, according to a new study from the United Nations-based Better Than Cash Alliance.

18 May 2016

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MobiCash and Boloro bring mobile commerce to S Africa townships

In keeping with the concept of 'Connecting Africa's Resources through Digital Transformation' at today's World Economic Forum on Africa event in Kigali, Rwanda, Patrick Ngabonziza the Chairman and Founder of MobiCash announced a game-changing approach to financial inclusion in Africa.

13 May 2016

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Barri and TransferTo partner on Tigo Money

Barri Financial Group, a US-based money transfer service provider, has signed a strategic partnership with TransferTo, a leading B2B mobile payment network, to enable real-time Mobile Money transfers to Tigo Money accounts in El Salvador.

12 May 2016

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FDIC seeks feedback on mobile financial inclusion

The Federal Deposit Insurance Corporation (FDIC) is seeking input from financial institutions, consumer groups and other stakeholders on its proposed efforts for exploring the potential of mobile financial services (MFS) to bring the underserved into the mainstream banking system.

10 May 2016

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Pakistan gets mobile money from Easypaisa and Ericsson

To accelerate the uptake of mobile money services among the underbanked in Pakistan, Ericsson (NASDAQ: ERIC) announces that Easypaisa, Pakistan’s first and largest branchless banking solution, is deploying Ericsson Wallet Platform to replace its existing platform.

03 May 2016

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