All posts tagged "unbanked"
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375Asia-PacificBSP Grants Sixth Digital Bank Licence to PayMaya
The seventh and final digital bank is likely to be an existing bank applying to convert into a digital bank, but approval has been delayed.
September 21, 2021 -
1.0KContributed ArticleThe Role of Digital ID in Advancing CBDC Initiatives
The presence of digital ID infrastructure can influence the design and roll-out of CBDC initiaties, writes Claus Christensen.
August 24, 2021 -
229FeatureIndia Launches New Digital Payment Solution Nationwide
e-RUPI is a QR code or SMS string-based prepaid e-voucher that can be used for purchases without an app, card, bank account, or internet access.
August 5, 2021 -
407AML / KYCPhilippines: PhilSys National ID System Draws 28m Registrations
The issuance of PhilSys ID cards is expected to start within 2021, eventually replacing most other forms of government-issued ID.
April 23, 2021 -
266Asia-PacificOJK Indonesia Urges Rural Banks to Digitalise Operations
Efforts to digitalise are aimed at improving financial inclusion for ‘micro-entrepreneurs’ and other members of the unbanked or underbanked population in Indonesia.
February 25, 2021 -
5.5KAML / KYC
Philippines Begins Roll-out of New National ID System
PhilSys will mean wider inclusion in the financial ecosystem for the unbanked, allowing cash aid, credit and other welfare spending to reach them faster.
October 16, 2020 -
603Asia-PacificBOT Sets Out New Rules for ‘Digital Personal Loans’
Under the regulations, alternative data including payment information relating to water, electricity and telephone bills can be used to support loan applications.
September 21, 2020 -
785Big PictureCBDCs Could Amount to ‘Sea Change’ for Payments: BIS
Covid-19 has highlighted unequal access to payment services for low-income and vulnerable groups. CBDCs present an opportunity to address this shortcoming.
June 25, 2020 -
398IndiaRBI Lifts Branch Opening Restrictions for Bandhan Bank
The ban was imposed in September 2018 for the bank's failure to reduce its promoter's ownership below a 40% ceiling within three years of its commencement.
February 28, 2020 -
4.1KAsia-PacificPhilippines Fintech Push Makes it a Compelling Market to Watch
Industry veteran Philip Keller explores the approach taken by regulators in the Philippines to encourage fintech innovation and financial sector digitalisation.
March 19, 2019
