- Yet another district claims to have achieved 100% financial inclusion
- Yes Bank has teamed up with Obopay to offer a mobile payment solution for Yes customers. While there are already a couple of companies in India which aspire to offer mobile payment solutions for Indian bank clients (e.g. --mCheque and Paymate) these companies seem to have made very little actual progress in terms of implementing their solutions. Also, Obopay's technology is somewhat superior to these companies' in that it doesn't rely on the user to SMS a pin number which prevents would be fraudsters from retrieving a user's pin from the user's Sent SMSs box.
- CIC proves that it's not afraid to enforce RTI.
- Bandhan gets profiled by Business Standard
- Staff of the India Water Portal set off on a road trip
Tuesday 15 April 2008
Some Links I Found Interesting
Labels:
Bandhan,
financial inclusion,
mobile banking,
mobile phones,
technology
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1 comments:
Re Ambala achieving 100% financial inclusion, I think it would be right up IFMR's alley to conduct a randomized test to see if financial inclusion of this kind actually helps. You could perhaps compare with a nearby district which isn't so fortunate :) You might need to wait a little more so that the sample size increases.
And about the problem you mentioned with the mobile payment PIN, most companies are aware of this problem, and their solutions avoid it. Its amazing the number of companies raring to get into this space. I have contacted/read about/received demos from just about every mobile payments company in the country (and some outside!).
Prasanth, BASIX
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