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Developing countries

This tag is associated with 4 posts

South African banking system stable

24 Jun. South African banks remained stable in the face of Europe’s debt woes and did not need the level of regulatory reform required elsewhere, said SA Finance Minister Pravin Gordhan. Gordhan said one challenge facing the G20 meeting was how to return to a co-ordinated effort in grappling with the crisis without undermining global [...]

Branchless banking in 2020

The CGAP Report on Scenarios for Branchless Banking in 2020: The growing use of branchless banking channels over the coming years is inevitable in most countries. But it’s far less certain whether large numbers of the unbanked poor will use these alternative channels for financial services beyond payments, such as savings and credit. CGAP and [...]

India’s updated payments systems strategy

The Reserve Bank of India has published Payments Systems in India – Vision 2009-12, a strategy which covers: Payments system initiatives; Payments system oversight; Risk mitigation; Action plan; New projects and major initiatives. The major projects planned to be pursued are: Implementing a new and feature rich RTGS system – The need to migrate to [...]

Converting cash into electronic money

Merchants in the Philippines are finding they have the capacity and the interest to offer financial services to consumers as a new line of business. However, in order for these new ventures to succeed, a network of providers will need to be selected, and issues such as cash management, investment levels, large loan disbursement capability, [...]

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