pi Strategy Consulting launches the first-of-its-kind report in Bangladesh on Mobile Banking Consumer Insights

Fresh Insights

Managing agent networks still remains the biggest challenge in mobile banking

Mobile Banking

Many things around us can offer lessons in strategy – especially a movie like Life of PI

Strategy Lessons

Delivering the keynote speech on Financial Inclusion at Digital World, Bangladesh Government’s flagship annual event

Thought Leadership

An exceptionally talented local team, supplemented by a network of global experts, drive our value proposition

pi Strategy Difference

IDEAS

Mobile Financial Services: Consumer Insights Study

Bangladesh began its Mobile Financial Services (MFS) journey in 2011. The primary goal of MFS is financial inclusion - reaching the unbanked population with appropriate financial services. As of end of December 2013 there are more than 13.2 million registered users being served by nearly 182,000 agents transacting around TK66 Billion per month. Over-the-Counter (OTC) transactions constitute nearly 90% of the market. People are not opening and using mobile wallets by the masses just yet. Moreover, a significant number of those who are using MFS today cannot be categorized as “base of the pyramid” consumers.

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THOUGHT   LEADERSHIP

Digital World 2012 Conference, Dhaka, Bangladesh: The Digital World Conference series is the flagship annual event on technology-enabled growth agenda organized by the Government of Bangladesh, in association with the ICT industry. pi Strategy Consulting was invited to deliver the keynote speech at a session titled “Enhancing Financial Inclusion through ICT”. The session was attended by senior management of leading organizations in the realm as well as the general public.

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CAPABILITIES

pi Strategy Consulting connects leading edge management practices with development priorities through innovative design thinking principles. The Firm’s 3.14 approach encapsulates its value proposition across three vectors: capabilities, focus area, and service offerings.