Wirecard and YES BANK partner to boost financial inclusion in India

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Wirecard, a Germany-bases digital payments and commerce solutions provider, and Mumbai-based YES Bank, will team up to broaden the availability of India’s Aadhaar Enabled Payment System. This partnership will make digital payments and banking accessible to more Indians, with an eye on those residing in remote areas of the country. To increase financial inclusion, Wirecard’s […]

Research at a Glance: Week 18

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AI: The future of work? Work of the future! By European Commission Noting the already widespread usage of AI, this report aims to dispel common fears of AI-caused redundancy and instead concentrates on how automation can instead be used to sculpt a more productive labour market. It concludes that resistance will in fact lead to […]

Fintech’s potential for financial inclusion in emerging markets

Data Republic website

Fintech can have a big impact on increasing financial inclusion. To find out more about how, we spoke with Diana Cazacu, founder of Amsterdam-based financial inclusion consulting firm AdVision Finance, about fintech’s impact on financial inclusion in emerging markets. Why do you think fintech matters for financial inclusion? What’s the potential of fintech for financial […]

Member Spotlight: Advision Finance

Advision Finance is a Netherlands-based firm providing advisory services to banks, microfinance institutions and social impact investors that focus on financial inclusion in emerging markets. We talked to Diana Cazacu, Founder and Managing Director of Advision Finance, to hear more about her company.  Having worked in more than 10 countries on three different continents, Diana […]

Simbapay and Family Bank Limited team up for mobile transaction

The parties agreed that over 20 million active M-Pesa users in Kenya can send money instantly via an M-Pesa Paybill number belonging to Family Bank to over 1 billion active WeChat subscribers in China. The cost of the transactions will vary on a sliding scale. Family Bank customers will also be able to send money to WeChat […]

Research At A Glance: Week 43

Data Republic website

Technology Based Innovations for Regulatory Compliance (“RegTech”) in the Securities Industry by finra Drawing on the discussions held with participants in the regtech space including broker-dealer firms, vendors, regtech associations, and academics, this report summarises key findings, including how regtech tools are being applied in the areas of surveillance and monitoring, customer identification AML compliance, […]

IMF & Worldbank issue fintech guideline for policymakers

Data Republic website

IMF  and The World Bank collaborated to formulate a guideline considering 12 different points that policymakers around the world can keep in mind when designing policies and regulations of fintech.  While both parties have declared that the publication does not represent current work or aim to provide specific policy advice, they have confirmed their intention to initiate […]