Sentences with phrase «financial inclusion»
Financial inclusion refers to the availability and accessibility of affordable financial services to all individuals, especially to those who are marginalized or excluded from the traditional banking system. It aims to ensure that everyone has the opportunity to save, borrow, invest, and access other financial products and services that can help improve their economic well-being. Full definition
It is a part of the measures being taken by the bank towards the process of financial inclusion, he said.
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It is an important part of our plans for financial inclusion.
I thought bitcoin had potential to boost financial inclusion in the developing world.
Furthermore, increasing tax exemption under this long - term savings plan will encourage more people to secure their girl child's future, and thereby promote financial inclusion.
What is the reward for achieving global financial inclusion?
They hope that this precisely engineered new style of regulated computing will bring greater financial inclusion by providing open access for all on fair financial services.
Closing the gender gap can result in increased market opportunities for financial services firms, as well as greater financial inclusion and empowerment for women.
ICOs have the promise to expand financial inclusion, generate built - in user networks, and spur extensive open - source development.
That's why it's critical to understand what can be done to improve financial inclusion — and what won't work.
An online professional development course that will teach the essentials of assisting clients with disabilities and their families as they move towards financial inclusion and well - being.
The product caters to the needs of rural mass markets, economically weaker sections of the society and would help the bank in providing insurance solutions for financial inclusion.
Closing the gap and moving toward full global financial inclusion will, quite frankly, elevate the human experience for our global population.
BitMari is a bitcoin wallet provider and remittance service that seeks to deploy bitcoin technology to drive financial inclusion in Zimbabwe through diaspora remittances.
While the government has been actively involved in financial inclusion initiatives, there is still a high population of unbanked consumers at 65 million adults.
Barbadian startup Bitt plans to increase financial inclusion of the Caribbean population, building a new financial ecosystem based on blockchain.
With over 11,600 participants and an average contribution of $ 430, Humaniq a humanitarian Blockchain startup aimed at empowering emerging economies with financial inclusion tools has broken the $ 5 million dollar mark as their ICO drew to a conclusion at midnight CET on April 26th.
He chaired the United Nation's MDG Session on Financial Inclusion in New York in 2010, and was awarded the Global leader award in 2011 by C5 in Geneva.
Our ultimate goal is to drive financial inclusion through digital technology.»
Stellar came out around 2014 and established itself as a nonprofit foundation developing an open source project with the stated goal of enabling financial inclusion for marginalized communities.
The company has also been awarded the «SKOCH Financial Inclusion & Deepening Award 2014» in the Platinum Category, for their Excellence in the Life Insurance Industry.
Hamed Shahbazi CEO & Founder, TIO Networks Follow: @chsgo Follow: @TIONetworks Why he matters: Making fintech work by furthering financial inclusion
For Congressman Patrick McHenry, who co-sponsored the bill with New York Congressman Greg Meeks, the measure «marks an important step towards modernizing our financial system and ensuring financial inclusion for all Americans.»
Zenith Bank consistently plays a leading role in payment innovation and deploys products that are consistent with the Central Bank of Nigeria financial inclusion policy.
Bajaj Allianz Life Insurance Co. is one of the largest private players in Indian insurance industry and the largest private player in the rural insurance and financial inclusion space.
PMJDY is a popular Financial Inclusion scheme.
Thus, the regulator recognizes that virtual currency systems have the potential to revolutionize the delivery of financial services, particularly for payments and remittance, in view of their ability to provide faster and more economical transfer of funds, both domestic and international, and may further support financial inclusion.
Financial advice Financial inclusion fund to get extra # 2.5 m to recruit and train more advisers to help the indebted.
The Gates Foundation recently published a comprehensive report on designing payments systems for financial inclusion called The Level One Project Guide.
Digix is releasing a crypto gold backed token on the Ethereum blockchain in a transparent and publicly auditable manner, aiming to help the unbanked with financial inclusion as well as providing a stable coin for cryptocurrency users and applications.
Yet, there's the matter of whether public blockchains are still the best way to achieve financial inclusion, or if that's the best future for bitcoin, which has seen most of its popularity stem from its use as a «digital gold».
The RBI has been very supportive of fintechs, expressing optimism around the positive impact of the industry on advancing financial inclusion.
Hope is one of three finalists in The Wall Street Journal's 2018 Financial Inclusion Challenge.
«Leveraging our service - focused strategy and treasury management, we grew non-interest income by 17 % year - on - year, reinforcing our transaction - banking - led approach towards deepening financial inclusion in Sub-Saharan Africa.»
Citing ongoing projects such as the National Digital Property Addressing System, the soon - to - be-issued national ID card, the land records digitisation agenda and efforts to increase financial inclusion via interoperability in the payment systems, Vice President Bawumia indicated that government was already engaged in the use of technology for the transformation agenda.
In this issue, we address the economic costs of deflation, the evolution of investment after the financial crisis, the role of debt in the recent drop in oil prices, how financial inclusion affects central bank policy, and market liquidity.
-- Mr. Yogesh Gupta, Senior Vice President and Head Business Procurement & Financial Inclusion at Bajaj Allianz Life...
«This relationship will go a long way toward achieving our nation's goal of becoming a hub for outstanding Blockchain companies and fostering financial inclusion.»
«Digital Identity is one of the keys to solving financial inclusion so we are delighted that Change is using our secure government - backed digital identities to help solve this issue and develop their business.»
The new investment will see Cicil accelerating its mission of bringing financial inclusion to students.
Banks could generate $ 380 billion in annual revenues by leveraging financial inclusion opportunities in emerging markets in five years, according to a report by Accenture.
These global opportunities include Open Mic Africa, a yearly conference and networking tour across Africa and the Zambezi Prize for Innovation in Financial Inclusion which is sponsored by the MasterCard Foundation.
It still looks like a crypto duck and quacks like an ICO, yet it negates the cypherpunk ethos of expanding financial inclusion beyond traditional investors.
Such results caused global insurance players to take note and propelled LeapFrog's successful fundraising for its $ 400 million LeapFrog Financial Inclusion Fund II, which closed in September.
So we are working with the Catalyst Fund to provide funding and mentorship to early stage financial inclusion social entrepreneurs in emerging markets that offer breakthrough technology innovations to promote financial health globally.
Acumen: Acumen America Makes Its First Financial Inclusion Investment under New Partnership with MetLife Foundation
Sanghera and Singh had previously worked with financial inclusion consulting firm MicroSave, while Hans was a risk analyst with Goldman Sachs.
The core aim is to encourage financial inclusion in emerging markets by creating a platform that other companies beyond Omise can use.
Ripple Labs co-founder and CEO Chris Larsen participated in a panel at the Milken Institute Global Conference on financial inclusion Tuesday.