The Department for International Development will announce a £1.4 million three-year project that will lay the foundations for financial services to be made available through new and emerging technology across Africa and Asia, to bring access to the poor in developing countries. International Development Secretary, Douglas Alexander said the introduction of Mobile phones, text messages and fingerprint recognition could soon bring branchless banking to millions of the world's poorest people an...read more
The Department for International Development will announce a £1.4 million three-year project that will lay the foundations for financial services to be made available through new and emerging technology across Africa and Asia, to bring access to the poor in developing countries. International Development Secretary, Douglas Alexander said the introduction of Mobile phones, text messages and fingerprint recognition could soon bring branchless banking to millions of the world's poorest people and could redeem them from poverty.