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GSMA launches industry guidelines on international remittances through mobile money
Because of its reach and growing use among underserved people, mobile money is uniquely positioned to transform formal remittance markets and to advance financial inclusion.
- Categories
- Finance
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Mexico readies bill to regulate fast-growing fintech industry
The new measures will allow Mexico to join a small list of countries, including the United States and Britain, that have sought to regulate fintech firms.
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- Finance
- Region
- Latin America
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Can Google’s mobile wallet Tez revitalise India’s struggling digital payments industry?
As Google debuts its new mobile payments app for India, Mumbrella Asia editor Eleanor Dickinson looks at the implications for the country’s cash-based economy and whether marketers are ready for change
- Categories
- Finance
- Region
- South Asia
- Tags
- digital payments, fintech
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Unilever raises the bar on private sector leadership to achieve the SDGs through digital payments
In a significant step towards integrating social benefits into business strategy, the UN-based Better Than Cash Alliance announced its newest member: Unilever.
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- Finance
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Designing a Mobile Wallet for Nonliterate People: A Beginner’s Guide
There are about a billion adults in the world who can neither read nor write, but they manage to participate fully in the economy. As fintech evolves, the financial services sector must keep this significant population in mind. Vivek Anand and Saborni Poddar of MicroSave explore what designers should keep in mind when devising a mobile wallet interface for literate and illiterate customers alike.
- Categories
- Finance, Technology
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Africa a guinea pig for the feasibility of digital payment systems
The term “leapfrog” is popular among Africa tech analysts, who point to how the continent embraced mobile phones at a time when few African countries had a properly developed fixed-line network.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Google goes big in Asia with mobile payment app for hundreds of millions of people
"Tez" which means fast in Hindi, lets users link up their bank accounts to their phones, allowing them to use the app to pay merchants in stores, and instantly transfer money to friends.
- Categories
- Finance
- Region
- South Asia
- Tags
- digital payments, fintech
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It’s Not Just About Price: Innovative Solutions to Africa’s Remittances Problem
Through remittances, millions of migrants in developed countries support the basic needs of loved ones in their home countries. But with limited alternatives available, substantial costs are incurred – particularly in Africa where the average cost of sending money is 9.8 percent. Barry Cooper at Cenfri looks at some innovations that have the potential not only to decrease high fees, but to increase access beyond urban areas.
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- Uncategorized