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The financial services industry has much to contribute to the UN and World Bank goal of full financial inclusion by 2020. This group will focus on industry contributions, ideas, barriers and enablers.
Financial inclusion plays a vital role in socio-economic development particularly in developing economies. While nations in sub-Saharan Africa have been investing substantial efforts to make financial...
For Financial inclusion to be a reality a number of critical factors need to be in place. There is little or no doubt that the benefits of financial inclusion far outweigh the enormous downsides of an...
Working capital management has an important role to play in the success of any business enterprise. Over 75% of companies that are running at loss or struggling financially would be profitable and liq...
The LINK UK ATM Network announced a few months ago that it planned to reduce ATM interchange by 20% over 4 years. This move stunned many observers because LINK interchange is calculated each year usin...
Around the world, emerging financial technology companies (FinTechs) are disrupting the finance industry. They affect how we save, borrow, make payments and transfer money, both domestically and inter...
Financial Inclusion efforts for the world’s poorest people have particularly focused on urban areas, and have had some success. But there is a tremendous relatively untapped opportunity for the formal...
Following the meteoric rise of Bitcoin, which recently skyrocketed in value past $11,000, it’s clear that advancements in the fintech industry are changing the monetary landscape as we know it. Whethe...
The word innovate was first recorded in 1540. Somewhat surprising, to hear people banging on about it like it’s a revolution. What does innovation mean? And is innovation really ‘a new world for banki...
If someone told us a decade ago, how mobility is gonna make sweeping changes in every aspect of our life, we would have scoffed. But look at us today, mobile phone and technology have become an integr...
When about thirty of the great and the good from the banking sector in Dublin and Belfast come together to talk cheques, cheque clearing and how to stay one step ahead of the fraudsters, there must be...
M-PESA in Kenya is widely regarded as an outstanding success in mobile money. The service has around 17m active customers and in 2016 generated about $400m in revenue for Safaricom, its parent company...
Any institution that works to establish financial inclusion takes on the role of becoming a emissary of trust - trust in the economy . To establish the first level of trust for the unbanked is one of...