Posts Tagged ‘branchless banking’

By Asma Azmi, Microfinance Focus, May 25, 2010: According to the recent CGAP’s global pricing study report on banking services targeting poor, unbanked and under-banked people in Africa, Asia and Brazil, mobile banking and other forms of branchless banking are found to be cheaper than traditional banking, but the gap between the two is not a very significant one. The study, conducted across 16 ... Full story

Microfinance Focus, Feb 17, 2010: CellTrust Corporation, supplier of secure mobile messaging and applications, has announced the launch of its SecureSMS Mobile Banking and Payment Pilot for the African region.  CellTrust recently partnered with Maxim-Pro Ltd., based in Abuja, Nigeria, to secure and mobile enable their successful banking platform with the view to extending secure mobile banking and payment services to under and un-banked populations. ... Full story

Microfinance Focus, Dec. 26, 2009: Bank Negara Malaysia in collaboration with the CGAP, a microfinance group based at the World Bank and the Alliance for Financial Inclusion (AFI) organized the Microfinance Policymakers Forum 2009 on 2 and 3 December 2009.  Discussions of the workshop focused on key considerations and recent developments in institutional structures, as well as regulatory and supervisory requirements necessary for effective adoption ... Full story

Microfinance Focus, Nov. 24, 2009: CGAP and DFID will be hosting a special webcast discussion of the CGAP/DFID Branchless Banking Scenarios 2020 Project and forthcoming Focus Note on Dec. 1, 2009. The joint report has been prepared after a six-month scenario-building project that engaged nearly 200 leaders from the fields of technology and finance from more than 30 countries. The report presented four key factors likely ... Full story

By Naagesh Naaraayana Microfinance Focus, Nov. 23, 2009: With the right market conditions, branchless banking in microfinance, including mobile phone banking, could be the primary channel for poor people to get basic financial services by the year 2020, said a CGAP report titled, “Scenarios for Branchless Banking in 2020.” The report from CGAP and the U.K.’s Department for International Development (DFID) is part of a six-month ... Full story