Transaction Banking Academy
  • Home
  • In-House Courses
    • International Cash Management Workshop
    • Supply Chain Finance
    • A Day in the Life of a Corporate Treasurer
    • Other Courses
  • Tutors
  • About
    • Directors
    • Testimonials
  • Contact

SWIFT Institute Research shows mobile money can boost remote communities

12/3/2013

0 Comments

 
Picture
The SWIFT Institute, set up to help fund research into the banking industry, has released its first working paper. The research, carried out by US-based Tufts University, shows that mobile money can help to promote financial inclusion and boost savings rates amongst remote communities.
The Tufts research is being carried out in rural communities in northern Ghana which have limited access to financial services. A month into the research project, 10% of participants had used the service solely for money transfer; two and half months later, usage increased to 26% of households, with 86% of users receiving money transfers and 70% of users saving on their mobile phone. Download the working paper here

0 Comments
    Sign up to receive our newsletter
    Make sure you hear the news about new courses and other developments in transaction banking by signing up for our newsletter
    SUBSCRIBE

    Categories

    All
    Cash
    Letter Of Credit
    Loc
    Open Account
    Payments
    Regulation
    Risk
    Swift
    Trade Finance
    Transaction Banking
    Working Capital

    News & Resources

    We welcome submissions from educational and commercial organisations, subject to our content guidelines. You can get a monthly update straight to your inbox by signing up below.

    SUBSCRIBE

    Archives

    July 2018
    July 2017
    June 2017
    November 2016
    September 2016
    January 2016
    December 2015
    November 2015
    August 2015
    March 2015
    June 2014
    April 2014
    March 2014
    January 2014
    September 2013
    August 2013
    April 2013
    March 2013
    February 2013
    January 2013
    October 2012
    August 2012
    June 2012
    May 2012
    April 2012

    RSS Feed

Transaction Banking Academy is a trading name of Adaugeo Media Ltd. © Adaugeo Media Ltd 2020.  
Administrative contact: [email protected] ​
Privacy Policy (GDPR)
Picture
  • Home
  • In-House Courses
    • International Cash Management Workshop
    • Supply Chain Finance
    • A Day in the Life of a Corporate Treasurer
    • Other Courses
  • Tutors
  • About
    • Directors
    • Testimonials
  • Contact