Financial Inclusion is the key
Agency Banking

Financial Inclusion: What will it be like for years to come?

Financial Inclusion helps lift people out of poverty and can help speed economic development. It can draw more women into the mainstream of economic activity, harnessing their contributions to society. – Sri Mulyani Indrawati, Indonesian economist, Minister of Finance of Indonesia since 2016 Economic growth of a country depends on …

Open Banking Enabling Financial Inclusion
Financial Inclusion

How Open Banking can Help in Financial Inclusion

Jonathan a villager who supplies vegetables to the branded supermarket in the city needs to submit monthly invoices [physical copy] to get the payment.He has a bank account but still has to maintain a physical copy of the number of vegetables supplied with the offer price. Recently he got to …

Agent Banking
Financial Inclusion
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Agents Enabling Financial Inclusion

Agents are the face of change to people’s financial security and independence. What is an Agent? What is a Business Correspondent?     Why We Need an Agent?   Modes Of Operation Of Agent   Come and signup for Teknospire Agent Banking Solution, and help in enabling financial and social …

Governance and Financial Inclusion
Financial Inclusion

HOW GOOD GOVERNANCE COULD HELP IN FINANCIAL INCLUSION

Could adequate governance enhance access to financial services? While the short answer is yes, the long-form answer is the review of standards, processes, and act of governance, that could bring in a more profound level of financial inclusion.  We all know how growth and financial inclusion are directly proportional to …

Mobile Payments vs Card Payments
Financial Inclusion

Financial Inclusion – Rise of Mobile Payments

Mobile Payments vs Card Payments  

Digital Banking
Financial Inclusion

FinX Digital Banking Solutions For Financial Inclusion In India

The 2015 ”Digital India” campaign along with the 2016 “Demonetization” drive paved the way for the digitization of the Indian economy. With digitization coming in, the Indian banking industry having withstood the previous changes(Eg automation), accepted the change and opted in for digitization. With all the sectors of the Indian …

Catalyst
Financial Inclusion

Agent Bankers – The Catalyst Of Financial Inclusion In Emerging Markets

After a short break, I am back again to take my readers on an another tour of agency banking. While my previous tours Agency banking and Bitcoin , importance of agent banker gave us a peek into what is agency banking and their importance in emerging markets, this time let’s …

GST
Financial Inclusion

GOI initiatives to boost Social and Financial Inclusion

Hon’ble Indian Prime minister Mr. Narendra Modi said – I dream of Digital India where mobile and e-banking ensure financial inclusion. We might have heard many such quotes from our leaders, but what has been the ground reality? Has the government made any progress? What were the initiatives taken to …

Financial inclusion for rural people
Financial Inclusion

How important is an agent banker in the rural banking sector ?

Financial inclusion for rural people In continuation to our earlier blog ”Benefits From Agency Banking”, this blog would highlight the importance of agent bankers in rural banking. For a country to be fully developed rural development has to take place. Of late rural development has become the new buzz word …