When you buy a laptop from a shop, you become a consumer of that shop. When you avail of any particular service from a service provider, you become the consumer of that service provider. So in a way, we all are consumers. A consumer is basically someone who uses goods and services to satisfy their … Read more
When we think of financial vulnerability, we usually think of African or South Asian countries. But do you know that even middle-class Americans face the issue of financial vulnerability? Yes, you heard it right. Not just this, but as per a report, half of middle-class Americans do not even have $400 in their emergency funds. … Read more
We cannot deny the fact that mobile phones have become extremely important to us. From sending and receiving the money to doing official work and ordering items online, everything is done through phones. Along with this, we also store all our data in our phones, be that your important passwords, social media accesses, photos, bank … Read more
We all know insurance helps us in various ways, it acts like a backbone for a family facing financial problems. Insurance types include life insurance, health insurance, etc. Insurance can cover you when you lose your job or when you meet with an unexpected accident. BRAC is a well-established micro-financial Institution that set up its … Read more
Financial technology has witnessed accelerated innovations in reach and mechanisms for the past decade. Tech-driven start-ups are emerging and persisting in maturing for innovation and building collaborations for investment opportunities. However, the most significant obstacle financial technology faces are the collaboration between traditional offline banks, which control most financial resources and infrastructure. As the financial … Read more
Financial Inclusion means boosting the financial status of the economy by providing basic financial services to various sectors of the population despite their economic status, reachability, and income Groups. Financial Inclusion helps the economy to grow by providing small loans to farmers and small-scale businesses. It helped a lot of women to come out of … Read more
While India as a country is going through the phase of “Emerging India” there are still a lot of areas where technology has not been fully used to serve any basic needs. Especially in the case of the underlooked and underdeveloped regions where people do not even get their basic financial requirements. This is where … Read more
Now you can do everything online, from transferring money to ordering groceries. Also, it is a proven fact that mobile money transfer has made our lives easy. Now you do not need to run to the bank in order to transfer money, make transactions, or deposit money into your bank account. You can do it … Read more
Financial Inclusion means the inclusive approach to include every section of the population despite any economic status, background check, or literacy rate. There are more than 1.5 billion people all around the world who are still unbanked and lack essential financial services. This is primarily due to lower literacy rates, reachability, and economic status. To … Read more
One natural calamity can set back a nation for years. Especially in developing economies and emerging markets, where infrastructure is poor, and people don’t have a stable income or higher standard of living, not to mention rampant corruption can divert funds into the pockets of influential politicians and nefarious organizations, leaving out the people for … Read more
