Opportunities for Rural Banks to Use Smart Money to Expand Branchless Banking Services

By Aditya Banerjee This is the third of a four part series of articles about the RBAP-MABS National Roundtable 2012 Conference panel session entitled “Using New Channels to Expand Microfinance Services.” Mr. Jun Perez of SEEDFINANCE explained how their partnership with SMART in the Island Activation Program supports empowerment through mobile banking. SEEDFINANCE is a [...]

Lessons Learned from Providing Financial Education to Promote Branchless Banking

By Aditya Banerjee This is the second of a four part series of articles about the RBAP-MABS National Roundtable 2012 Conference panel session entitled “Using New Channels to Expand Microfinance Services”. Rural banks already play a big role in small communities. They serve over one million low-income families who place their trust – from microinsurance [...]

Branchless Banking Video from India

Interesting combination of portable collection devices and biometrics to handle payments, deposits, withdrawals, and remittances. With 16 million clients, third-party agent branchless banking provider FINO is growing rapidly. Could there be lessons learned here for Philippine Rural Bankers offering branchless banking? FINO and RBAP-MABS are the two Asia recipients of the Microfinance Opportunities Financial Education for Branchless Banking Initiative supported by the MasterCard Foundation.

Trends and Challenges in Microfinance for this Decade

The first panel discussion of the RBAP-MABS National Roundtable Conference, moderated by MABS Chief of Party John Owens, addressed the current trends and challenges in the microfinance industry. Topics ranged from market issues, competition, the regulatory environment and branchless banking. Ms. Pia Roman-Tayag, the Inclusive Finance Advocacy Staff Head of the Bangko Sentral ng Pilipinas [...]