MX announced it has partnered with BECU today to build a mobile app feature Quick Save that encourages BECU members to build savings through frequent, small-amount transfers.

The Financial Inclusion Index has been conceptualized as a comprehensive index incorporating details of banking, investments, insurance, postal, and the pension sector in consultation with government and respective sectoral regulators.

The four-year partnership will help expand access to long-term local currency finance in Rwanda for key sectors such as housing, agribusiness, and smaller businesses.

The conference will take place on 14-15 October in Brussels, Belgium.

"We want to be the power that helps emerging markets reach a faster economic development," OPay Chief Executive Officer Yahui Zhou said in a statement.

The company has announced that it is driving a proof-of-concept in the country which will allow people to make payments in places with low or no internet connectivity.

The main objectives of the assignment were to design agency banking business model, map potential agents’ locations throughout the country, and provide technical assistance for branding, advertising, consumer education and industry sensitization on agency banking. 

Indonesian technology company Grab, one of the biggest names looking to make a mark in the segment, is engaged in expanding financial inclusion by adopting a grassroots strategy.

The results of the very comprehensive B Impact Assessment provide an important benchmark for the company and a path to further improve certain areas and take specific actions in the years to come.

Based at the BRAC Institute of Governance and Development in Bangladesh, the Initiative supports rigorous research projects exploring this theme in South Asia and Sub-Saharan Africa.