As it turns out, financial inclusion has taken on new dimensions in the year 2020. The finance industry professionals and experts in past years have considered the growing importance of financial access to millions as the key to economic growth and eventually the development of the country. While there are
The proliferation of digital access has made the world more connected than ever before. With the availability of technology, endless devices, and global access points, today’s users—customers and employees—have the flexibility to interface with technology on their own terms anyplace, anytime! As today’s complex digital environment continues to evolve at
In the last feature, we spoke about the foundation of Agency Banking and its importance in advancing financial inclusion on a global level. Financial institutions the world over have realized that the lack of sufficient service points in remote and rural markets and high investments in creating and maintaining new
On an average a rural consumer has to travel for hours to reach the nearest bank branch or institution even for daily transactions like depositing and withdrawing cash. Traveling such distance on a day-to-day basis is not only time consuming, but also costs money, making it counterproductive for an already
It’s the beginning of the month; you are at your local grocery store, stocking up for the next one month or so…. Without even blinking, you fish out your wallet, hand over your card, or just scan the QR code to make the payment though your e-wallet. Simple…isn’t it? Now
Technology has always played a key role in the financial sector in ways that most people take for granted and might not even notice. In examining the timeline of FinTech developments, the last 65 years paint a picture of continued innovation and evolution. In the global FinTech space, the 1950s
The most important parameter of development for any country across the world is its robust and efficient transportation network, connecting each state, town, city, village and even the neighbourhood. Hence the ‘streets, roads, freeways and highways’ become a crucial part of this network which is imperative for progress. And these
It’s not only the BIG things that matter. It’s the LITTLE things done, by multiple people, multiple times over… That is what makes the real difference! Ever wondered how spending an entire day without electricity would be like? Right from lighting up a dark room, cooling the house with
We’re Going Global!!!” is the new catch phrase on trend with many of the corporates across the Globe. But what does it really mean to ‘go global’. Come to think of it, going global is not just expanding your operations to countries outside of your own, making your products available
Shanti Bai lives in a village in Sehore district where she runs a grocery store. She is eligible for pension for which she waits for the 10th of every month. Previously she faced many problems dealing with the bank. She had to walk a lot and she didn’t know how
