865 Results from /inclusion
Retired Member
When it comes to digitally transforming, the financial services sector is suffering from the old saying ‘too many cooks spoil the broth’. Much needed innovation and change is being held back because there are simply too many people involved in making decisions around new technology. As more and more startups enter the market, challenging norms and...
15 March 2017 /inclusion Innovation in Financial Services
Hugo Cuevas-Mohr CEO at Mohr World Consulting - IMTC Conferences
After a series of media interviews a couple of weeks ago, in a trip to Guatemala, I realized in a moment that I was witnessing a change in the public perception of remittances that I had not grasped before. Answering one by one journalist questions, it was unquestionable that I was witnessing a shift that I had not noticed before. After thinking a...
13 February 2017 /inclusion Innovation in Financial Services
Anne Leslie-Bini CEO at Pikcio RegTech
When the year 2008 is mentioned, it is generally associated with the untimely demise of Lehman Brothers and the ensuing financial chaos that engulfed the global economy and rocked it to its very core. Yet, for all the economic damage that the financial crisis is credited with causing, the year 2008 in fact marked the genesis of a societal phenomen...
09 February 2017 /regulation /inclusion
Ambar Sur Founder & CEO at TerraPay
Cost & Scale Challenges in International Transfers The demand for low-value cross-border transfers remains a massive unmet opportunity. In developing markets in Africa and Asia, for instance, where daily household earnings average between USD 5 and USD 20, an amount as modest as USD 50 can extend to cover critical household expenditure -- uti
09 February 2017 /payments /inclusion
Konstantin Rabin Head of Marketing at Kontomatik
Online banking didn’t eliminate the opportunities for thieves. Moreover, it even helped the criminals do their deeds. Armed bank robberies still happen and crooks have new doors to break in: now they use hacking and social engineering to steal your money. This is why it’s essential for financial institutions to constantly monitor user activities a...
25 January 2017 /inclusion Innovation in Financial Services
Piyush Srivastava President & Chief Operating Officer at RiskCounts LLC
Remember those days when we saw Lehman employees walking out with their personal stuff in cardboard boxes, the manhandling of AIG employees in New York, the demonstrations at Wall Street and Zuccotti Park (New York), and the $ 1 trillion bailout fund that the Congress initially refused to approve? Yes, to avoid similar situations, the BIS (Basel C...
09 January 2017 /regulation /inclusion
To most, a bank account is not considered a luxury. Direct deposit, writing checks and transferring money are a staple in the average consumer’s life, as natural as the air we breathe, but to over 8 million households in the United States, a bank account symbolizes unattainable wealth and a particularly large life hurdle to overcome. Individuals w...
09 January 2017 /inclusion
Vinod Sharma CTO - FinTech Domain at Econet Wireless Zimbabwe
Abstract - Through this post, I would like to highlight how collaboration can help to improve public access to technology-oriented financial services. Financial Services Authority of Indonesia (Otoritas Jasa Keuangan or OJK) a government agency, which regulates and supervises the financial services sector, has finally issued a regulation on financ...
05 January 2017 /inclusion Innovation in Financial Services
Samee Zafar Director at Edgar Dunn Company
A noted historian once observed that history is nothing but the unfolding of miscalculation. If this is true, then the Indian Prime Minister Narendra Modi made history on November 8th when he ordered two large denomination banknotes to be withdrawn from circulation and replaced. No one doubts that criminals, corrupt officials, dodgy businesses,
28 December 2016 /payments /inclusion
Most of the lower or middle income group families in India has only one member earning for the family, but almost everyone in the family has a role to spend for various expenses. This case is more relevant for migrant worker’s family. Housewife need to pay for groceries, milk, etc., other dependants (elders, teens) may need to pay at vegetable sho...
15 December 2016 /payments /inclusion
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