September 2011 Highlights

Download MABS September 2011 Highlights ..

Katipunan Bank Expands Microfinance Services in Mindanao and the Visayas

Established in 1979 in the quiet town of Katipunan in Zamboanga del Norte, Rural Bank of Katipunan’s original mission was to service the banking needs of the community, particularly the public school teachers. Established in 1979 in the quiet town of Katipunan in Zamboanga del Norte, Rural Bank of Katipunan’s original mission was to service [...]

The Role of Government in Supporting Mobile Financial Services

How can governments effectively support mobile financial services (MFS) expansion?  Over the past ten years, the U.S. government (USG) has provided both direct and indirect support for MFS program development.  Here are some examples of how the USG has acted as an indirect catalyst to support program development and implementation. USAID has worked closely with [...]

Mobile payments competing with cards, checks

The Philippine Star – MANILA, Philippines – Mobile payments will make up 15 percent of all cashless transactions globally, reducing further the use of checks and plastic money or credit cards. The World Payments Report 2011 also indicated that mobile payments would grow globally from 4.6 billion to 15.3 billion transactions between 2010 and 2013 [...]