Posts Tagged ‘technology’

Microfinance Focus, Dec. 21, 2009: Expand Networks www.expand.com, expert in optimizing WANs for branch office consolidation and virtualization, has announced that FinComún, the leading Mexican community-based financial institution, is set to achieve six figure cost savings by optimizing its current network infrastructure and renewing its RoI with Expand Networks’ WAN Optimization technology, said a press release. Deployed and supported by trusted IT partner and telecommunications specialist, ... Full story

Microfinance Focus, Oct. 8, 2009: The Inter-American Development Bank’s Multilateral Investment Fund (MIF) has approved a $3.95 million grant for a program to promote innovative technology solutions to boost microfinance institutions increase their reach in Latin America and the Caribbean. The program, with a total cost of $10 million, will consist of a series of individual projects that directly increase access to finance, reduce operational costs, ... Full story

By Naagesh Naaraayana Microfinance Focus, Sept. 1, 2009: Achieving 9 per cent growth rate is possible when millions of people at the bottom of the pyramid are brought into the banking network, said Dr K.C. Chakrabarty, Deputy Governor, Reserve Bank of India, in New Delhi at the 62nd International Banking Summer School (IBSS) jointly organized by the Indian Institute of Banking and Finance and Indian Banks’ Association on Monday. This is possible when financial products being offered by banks reach this segment and to achieve this, integration of IT with microfinance or small rural or urban banking sector is an essential step to achieve the ultimate goal of financial inclusion, he said. Full story

MF Focus, July 27, 2009: The July issue of Microfinance Focus, an online monthly digitial magazine, is released on Monday, with special focus on technology in microfinance sector. "While it would be impossible to highlight every technology option that an MFI could choose to implement, in this, our first IT-focused issue, we have decided to present editorials, ... Full story