Author: Tughral Turab Ali
Publisher:
ISBN:
Category :
Languages : en
Pages : 78
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Book Description
With the introduction of Branch less Banking regulations in 2008 by the State Bank of Pakistan a new opportunity for banks and telecoms was created to service the needs of the 85% of Pakistanis who lacked any formal or informal access to Financial Services. The first mover in this space was easypaisa, formed when a telecom company bought a microfinance bank. Its enormous success in the Utility Bill Payments and Domestic Remittances space attracted several other players to rush into the market with their own business models. These models varied in their choice of collaboration, from telecoms buying the bank outright to go-alone solutions by some banks. This thesis explores the coordination and incentive issues that may arise from the different types of collaborations between Telecoms and Banks to address this opportunity. The study also looks at the distribution channels for these firms and identifies some of the challenges the design of channels may result in. The thesis ends by making some recommendations on how these frictions and tensions may be minimized.
Author: A T Ali Tughral
Publisher: LAP Lambert Academic Publishing
ISBN: 9783659794476
Category :
Languages : en
Pages : 84
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Book Description
With the launch of easypaisa by Telenor Pakistan in 2009, the Pakistani market experienced its first taste of Mobile Banking services. For a population of 200 million with banking penetration as low as 18% and mobile penetration as high as 75%, the easypaisa service proved to a God send. Within a year of launch, easypaisa started seeing millions of transactions a month and exponential growth in revenue. A new industry had been born in Pakistan! This success very quickly brought in competition from other Mobile Network Operators and Banks, all racing to enter the newly created industry with the business model they thought was best. The key question though remained: who owned the customer? This book attempts to answer that question and also explores the incentive and coordination issues that came with each choice of business model.
Author: Mr.Amadou N Sy
Publisher: International Monetary Fund
ISBN: 1484385667
Category : Business & Economics
Languages : en
Pages : 61
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Book Description
FinTech is a major force shaping the structure of the financial industry in sub-Saharan Africa. New technologies are being developed and implemented in sub-Saharan Africa with the potential to change the competitive landscape in the financial industry. While it raises concerns on the emergence of vulnerabilities, FinTech challenges traditional structures and creates efficiency gains by opening up the financial services value chain. Today, FinTech is emerging as a technological enabler in the region, improving financial inclusion and serving as a catalyst for the emergence of innovations in other sectors, such as agriculture and infrastructure.
Author: Sameer Kochhar
Publisher: Skoch Media Pvt Ltd
ISBN: 8192917215
Category : Economic development
Languages : en
Pages : 188
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Book Description
Nandan Nilekani earned his place as an iconic entrepreneur in India in the 1980s, having co-founded Infosys Limited in 1981. In the post-economic liberalisation era, he cemented his reputation as a pioneer in the corporate and information technology world, just as he helped launch Infosys into the big league of world’s IT-enabled services companies. He served as the company’s Chief Executive Officer from 2001 to 2007. At the fag end of his career in Infosys, Nilekani wrote a best-selling book in 2009, Imagining India: the Idea of a Nation Renewed. The book is widely acclaimed for heralding a new, idea-based approach to meet the present and future challenges facing India. It spelt out the theoretical framework for the provision of a unique identity for all its citizens as an important step towards putting, what Nilekani called, “human capital front and center as the main driver of productivity and growth”. His long experience in the corporate world and his passion for the citizen empowerment—as proved in the successful Bangalore Agenda Task Force experiment started in 1999 as well as enunciated in his 2009 book—made him the natural choice to be the first chairman of the Unique Identification Authority of India (UIDAI) that was being set up by the Union government to provide residents of India with a unique identity and a digital platform—known as the Aadhaar. Nilekani left Infosys to head the UIDAI in July 2009. In five years, Aadhaar has transformed India’s approach to socio-economic justice and equity, and became the lynchpin to the government’s welfare programmes that seek to achieve these goals. It also set the stage for an efficient and transparent mechanism to monitor government programmes, which is crucial to cut waste and slippage in order to maintain fiscal prudence at the national level. The authors of the essays in this volume are accomplished experts in their respective fields. Together, they piece together a wide range of issues relevant to India’s present and future: fiscal and monetary policies, political and economic governance, financial sector reforms, financial inclusion, urban development, corporate governance, competitive markets, food security, national security, public policy advocacy and information & communication technology. The volume not only offers clear-cut analyses on these topics, but also a clear vision for the future.
Author: Tanai Khiaonarong
Publisher: International Monetary Fund
ISBN: 1498331572
Category : Business & Economics
Languages : en
Pages : 35
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Book Description
This paper examines oversight issues that underlie the potential growth and risks in mobile payments. International experience suggests that financial authorities can develop effective oversight frameworks for new payment methods to safeguard public confidence and financial stability by establishing: (i) a clear legal regime; (ii) proportionate AML/CFT measures to prevent financial integrity risks; (iii) fund safeguarding measures such as insurance, similar guarantee schemes, or “pass through” deposit insurance; (iv) contingency plans for operational disruptions; and (v) risk controls and access criteria in payment systems. Such measures are particularly important for low-income countries where diffusion is becoming more widespread.
Author: Punam Chuhan-Pole
Publisher: World Bank Publications
ISBN: 0821387456
Category : Business & Economics
Languages : en
Pages : 497
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Book Description
Takes an in-depth look at twenty-six economic and social development successes in Sub-Saharan African countries, and addresses how these countries have overcome major developmental challenges.
Author: National Intelligence Council
Publisher: Cosimo Reports
ISBN: 9781646794973
Category :
Languages : en
Pages : 158
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Book Description
"The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.
Author: World Bank
Publisher: World Bank Publications
ISBN: 0821395521
Category : Business & Economics
Languages : en
Pages : 192
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Book Description
Inclusive Green Growth: The Pathway to Sustainable Development makes the case that greening growth is necessary, efficient, and affordable. Yet spurring growth without ensuring equity will thwart efforts to reduce poverty and improve access to health, education, and infrastructure services.
Author: World Bank
Publisher: World Bank Publications
ISBN: 1464814414
Category : Business & Economics
Languages : en
Pages : 241
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Book Description
Seventeen in a series of annual reports comparing business regulation in 190 economies, Doing Business 2020 measures aspects of regulation affecting 10 areas of everyday business activity.
Author: Asli Demirguc-Kunt
Publisher: World Bank Publications
ISBN: 1464812683
Category : Business & Economics
Languages : en
Pages : 228
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Book Description
In 2011 the World Bank—with funding from the Bill and Melinda Gates Foundation—launched the Global Findex database, the world's most comprehensive data set on how adults save, borrow, make payments, and manage risk. Drawing on survey data collected in collaboration with Gallup, Inc., the Global Findex database covers more than 140 economies around the world. The initial survey round was followed by a second one in 2014 and by a third in 2017. Compiled using nationally representative surveys of more than 150,000 adults age 15 and above in over 140 economies, The Global Findex Database 2017: Measuring Financial Inclusion and the Fintech Revolution includes updated indicators on access to and use of formal and informal financial services. It has additional data on the use of financial technology (or fintech), including the use of mobile phones and the Internet to conduct financial transactions. The data reveal opportunities to expand access to financial services among people who do not have an account—the unbanked—as well as to promote greater use of digital financial services among those who do have an account. The Global Findex database has become a mainstay of global efforts to promote financial inclusion. In addition to being widely cited by scholars and development practitioners, Global Findex data are used to track progress toward the World Bank goal of Universal Financial Access by 2020 and the United Nations Sustainable Development Goals. The database, the full text of the report, and the underlying country-level data for all figures—along with the questionnaire, the survey methodology, and other relevant materials—are available at www.worldbank.org/globalfindex.
