Cash

Using Big Data to Extend Loans to the Unbanked

Jul 21, 2016
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In economics, the process of managing income shortfalls is known as “consumption smoothing” and loans along with savings are the two options used to manage such shortfalls. In the absence of sufficient savings, the availability of loans is crucial to meet expenses.

The State Bank's New Regulations for Prepaid Cards

May 12, 2016
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Karandaaz Pakistan published a blog post on the use of prepaid cards in Pakistan. Among the needs discussed was a clear framework for the KYC requirements governing Pakistan’s prepaid market. That regulation arrived earlier this week.

Prepaid Cards and The Unbanked

Apr 27, 2016
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Borrow a relative’s credit card. Have a friend pay. For those excluded from the formal financial system, paying online is more often a matter of finding the right proxy than finding the right tool. Innovations such as mobile wallets continue to expand access to electronic payments.