Co-founder and Chief Executive of Vittana, Kushal Chakrabarti was interviewed by the Wall Street Journal on the outlook for microloan-funded education.
HDFC bank last year tied up with Vodafone to launch it’s bank services to be delivered through it’s M-Paisa platform. The pilot program was recently reviewed by senior RBI officials in Rajasthan, India. On the successful completion of the pilot, HDFC plans to roll out the service through out India and has set an ambitious target of acquiring 10 … Continue reading “HDFC bank launches pilot mobile financial inclusion initiative with Vodafone’s M-Paisa”
Beam Money announced last week that it has received their GIIRS Impact Rating (giirs.org), joining an elite group of social entrepreneurs and sustainable businesses around the globe to become one of the first companies to receive a GIIRS Impact Rating. Beam received a 5 star rating on its impacts on governance, workers, community, environment and … Continue reading “Beam Money becomes one of the first companies to get GIIRS Impact Rating”
TSYS last week announced the completion of a white paper titled ‘M-Payments and Prepaid Poised to Define Financial Institutions’ : Delivery of Banking & Payment Services to Rural India, which considers the key imperatives that will enable m-payments to fulfill their promise in India. The paper offers insights from TSYS-sponsored market research with Evalueserve, and explores … Continue reading “Mobile Payments in Rural India 2012 : White Paper”
Citi India last week announced a significant addition to its Mobile receivables solution functionality introduced by the Global Transaction Services business group, with the launch of Citi Cash-To-Mobile Receivables Solution. Aimed at Corporate and Institutional clients, this market first solution empowers corporate customers to receive funds from retailers or end customers instantly via mobile. As the first bank … Continue reading “Citi India announces launch of Cash-To-Mobile solution with Coco-Cola India”
The mobile money global gateway (mobile-money-gateway.com) was launched today by Clarion events ltd and features the latest news, views, videos, webinars, market reports, events and a comprehensive directory of all the major products and suppliers in the mobile money eco-system. You can sign up today and start benefitting from: The latest industry headlines all in … Continue reading “Mobile money global gateway launched”
Samrudhi Microfin Society , a non profit micrfinance NGO with operations in Gulbarga, Karnataka has launched an online P2P lending portal that connects social investors to its own clients replacing field partners. The portal is hosted at wecareindia.org where you can lend as little as Rs. 100 to low income women entrepreneurs in India. We Care India – … Continue reading “We Care India – Online p2p lending website launched by Samrudhi Microfin”