mobile banking

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Round 2 with CGAP’s Gautam Ivatury

The ThinkChange India staff is committed to providing our readers with interviews with people we believe are at the brink of something special but have for the most part been overlooked by the mainstream media. Readers will be able to

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Transfer money after the beep

Here is an interesting approach to the technological hurdles of mobile banking. Called Cashnxt, this venture in Kerala, uses high-pitched sounds via mobile phones to encrypt and decrypt the secure data needed to perform a financial transaction. An article…

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Checking in on CGAP and Branchless Banking

When I heard that Gautam Ivatury of CGAP would be at NYU’s “From Innovation to Impact” Conference, I thought it would be a great time to follow up with my previous interview with him.  While…

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Thumbs up, thumbs down for Microfinance

Thumbs up: Obopay and Grameen Solutions partner together to provide microfinance services to clients. The initiative will be called the “Bank A Billion Initiative.”

The premise of the project is to provide access to basic financial services through

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Mobile Banking asked to take a breather by RBI

So yesterday the Reserve Bank of India called for banks to halt mobile banking services until it can release its operative guidelines. A significant number of Indian banks have already begun offering such services to its clients in an effort…

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An F in Financial Inclusion

In a first of its kind survey, the Indian Council for Research on International Economic Relations (ICRIER) has released a study analyzing the level of financial inclusion currently in India relative to other nations. The results are unimpressive.…

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TC-I Tidbits

  • CSR: Turns out Government of India is planning to set-up a institute focused on corporate affairs and Corporate Social Responsibility. The proposed think-tank is to be called Indian Institute of Corporate Affairs (IICA) [via iGovernment]
  • Social Security:

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Vikram Akula of SKS Microfinance Touts Mobile Banking as the Future of Microfinance

In a recent interview with IndiaKnowledge@Wharton, Vikram Akula of SKS Microfinance touted mobile banking (conventionally used for performing balance checks, account transactions, payments etc. via a mobile device such as a mobile phone) as the future…

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[TC-I Changemaker]: CGAP’s Gautam Ivatury on the linkage between technology and financial empowerment of the poor

The ThinkChange India staff is committed to providing our readers with interviews with people we believe are at the brink of something special but have for the most part been overlooked by the mainstream media. Readers will be able to

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Wrap it Up: Two Papers reviewed by Microcapital.org

Microcapital.org reviewed two recently released papers this week; here is a summary of those.

1. “Should Access to Credit Be a Right?” by Marek Hudon

This is a very interesting question as fields like microfinance have gained so much…