• Jan 1, 2012 - Sevak Solutions Transitions XSProject Management to Local Team
  • Dec 8, 2011 - IFC Releases Mobile Money Toolkit ©
  • Aug 11, 2009 - Mobile Money Distribution Report Released
  • 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
January 1, 2012 - Sevak Solutions Transitions XSProject Management to Local Team
Janine Firpo, the President of Sevak Solutions, officially resigned as the Acting Executive Director of XSProject. After having served in this role for over two years, Sevak Solutions was happy to turn the business over to Retno Hapsari, who has been leading the business in Jakarta, Indonesia. Retno was ready to take the reigns of the business and looks forward to more years of success. Sevak Solutions remains involved as an advisor on an as-needed basis.
December 8, 2011 - IFC Releases Mobile Money Toolkit ©
Developed by Sevak Solutions as part of the company's work for IFC, the publicly available portions of the Mobile Money Toolkit were released online. Encompassing 8 stages in the build-out of a mobile money business, the toolkit covers regulations, customer issues, agent networks, and risk. More than 50 articles and tools can be accessed and downloaded here.
August 11, 2009 - Mobile Money Distribution Report Released.
IFC and the Pacific Financial Inclusion Programme released "Building a mobile money distribution network in Papua New Guinea", a joint study that was developed by PFIP and Sevak Solutions, which functioned on behalf of the IFC. The full report can be downloaded here.
January 5, 2009 - Sevak Solutions President Interviewed by CGAP.
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….
December 23, 2008 - Sevak Solutions Focus - Mobile Banking in East Asia
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. 
February 12, 2008 – IBM and CARE Announce Africa Financial Grid
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.
February 12, 2008 – Rural Areas in Vanuatu to Access Modern Banking Services
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.
December 03, 2007 – Sevak Solutions to Launch Updated Website
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.
March 16, 2007 - Sevak Solutions Wins Kenya SPP Challenge Fund
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...
October 18, 2006 – Sevak Solutions Participates in Clinton Global Initiative
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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