• 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
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. More...
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. More...
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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