- April 14, 2009
- Collaboration agreement with
Financial Ideas signed.
- Jan 5, 2009 – Sevak Solutions President Interviewed by CGAP
- Dec 23, 2008 – Mobile Banking in East Asia
- Feb 12, 2008 – IBM and CARE Announce Africa Financial Grid
- Feb 12, 2008 - Rural Areas in Vanuatu to Access Modern Banking Services
- Dec 03, 2007 – Sevak Solutions to Launch Updated Website
- Mar 16, 2007 – Sevak Solutions Wins Kenya SPP Challenge Fund
- Oct 18, 2006 – Sevak Solutions Participates in Clinton Global Initiative
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| April 14, 2009
- Collaboration agreement with
Financial Ideas signed. |
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Janine Firpo, the President of Sevak
Solutions, and Chad Schneller, the
CEO of Financial Ideas, completed a
collaboration agreement today
providing for the development and
deployment of new technology to
better serve the needs of
financially distressed US Military
personnel.Credit worthiness will be
determined through a combination of
qualified referrals, online
financial evaluation, and successful
completion of financial literacy
courses. Micro-loans will be made
and managed through credit unions
that already have strong linkages
with military personnel. The
combination of Sevak Solutions'
international expertise with
affinity group micro-lending
together with Financial Ideas’
“Social Capital” electronic credit
evaluation tools will improve
financial alternatives for
hard-pressed military families. |
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| January 5, 2009
- Sevak Solutions President
Interviewed by CGAP. |
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Janine Firpo spoke to CGAP’s
technology team about the importance
of mobile banking, the work that she
is pursuing in Indonesia, and
potential for the future.
More…. |
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| December 23,
2008 - Sevak Solutions Focus -
Mobile Banking in East Asia |
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In October 2008, Janine Firpo, the
president of Sevak Solutions
relocated to Jakarta, Indonesia
where she is working with IFC, a
member of the World Bank Group, to
work with IFC’s regional advisory
teams to accelerate the development
and large-scale roll-out of mobile
money solutions in East Asia and the
Pacific. The EAP M-Banking Program
will focus on three key areas: (1)
support of Central Banks as they
assess the regulatory requirements
for mobile money and mobile banking;
(2) work with partners to establish
pilots and build the business case
for m-banking; and (3) provide
knowledge sharing, advocacy, and
education among market players
across the region. Initial
activities will include seminars,
market studies, and regulatory
assessments. Specific projects and
partners will differ by country,
depending on local requirements.
More…. |
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| February 12, 2008 – IBM and CARE Announce Africa Financial Grid |
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Sevak Solutions was delighted to learn about the December 2007 announcement by IBM and CARE that they were going to establish an Africa Financial Grid. This effort parallels the vision that Sevak Solutions has been promoting since its inception. The grid will be built around a shared services and infrastructure model designed to help microfinance institutions reduce operating costs, streamline lending processes, scale rapidly, and integrate with other resources such as credit bureaus, financial institutions and international payment networks. More...
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| February 12, 2008 – Rural Areas in Vanuatu to Access Modern Banking Services |
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As a result of a feasibility study conducted by Sevak Solutions, the Asian Development Bank (ADB) and the Japanese government will be supporting the implementation of a branchless banking system in Vanuatu. More...
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| December 03, 2007 – Sevak Solutions to Launch Updated Website |
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In the next few weeks, Sevak Solutions will begin the process of updating its website to provide more detail about its activities over the past twelve months and to more accurately describe its direction in the coming year. The company continues to play a catalytic role in advancing the reach of financial services for the world’s poor through its global consulting practice and its partnerships with the growing number of technology companies that are entering the field.
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| March 16, 2007 - Sevak Solutions Wins Kenya SPP Challenge Fund |
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Financial Sector Deepening Kenya (FSD Kenya) and the Consultative Group to Assist the Poor (CGAP), today announced awards under the Kenya Social Protection Payments (SPP) Challenge Fund. The Sevak Solutions Consortium was one of the winners and will be awarded approximately $400,000 to develop a point-of-sale based solution for financial inclusion of the poorest in Kenya. More...
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| October 18, 2006 – Sevak Solutions Participates in Clinton Global Initiative |
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Lori Bonn, attended the Clinton Global Initiative in September. As a result of the organization’s participation in the event, Sevak Solutions made a commitment of developing the product specifications, business plans, and financial requirements to create an open architecture transaction system. For more information, refer to the complete text of Sevak Solution’s CGI Commitment
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