Sunday, January 18, 2009

Cashnxt: Low-Cost Banking for the Rural Poor

Came across this really interesting article on the CGAP Technology blog on what this team of entrepreneurs is doing with emerging technologies to transform rural banking. Intriguing approach.

Rural india has poor broadband/GPRS access, but cell phones have really penetrated this space. Interesting use of cell phones and audio technology to overcome some of the infrastructure challenges of providing financial services here.

No comments:

Post a Comment