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Ericsson and MTN launch Mobile Money open API platform in Ghana
Ericsson and MTN have extended their mobile money partnership with the launch of an open API platform in Ghana.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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The Evolution of Inclusive Finance Data: What’s Next for MIX
Since 2002, MIX has been a key resource for global inclusive finance data. Its initial focus was to build transparency in microfinance through shared data standards and common metrics, and it compiled a huge dataset, MIX Market, that became a critical source of information for the industry. But MIX recently announced two important shifts to its approach. CEO Camilla Nestor discusses these changes, and what they mean for MIX and the inclusive finance industry.
- Categories
- Finance
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The Group Overseeing Facebook’s Libra Cryptocurrency Will Apply for a Payments License in Switzerland
The Libra Association, the organization in charge of overseeing Facebook’s proposed cryptocurrency, said Wednesday it will apply for a payments license in Switzerland.
- Categories
- Finance
- Region
- Europe & Eurasia
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Venezuelans Use Cryptocurrency to Bypass Corruption, Inflation
Aid providers say digital currencies are becoming an important route to bypassing corruption or repressive regimes.
- Categories
- Finance
- Region
- Latin America
- Tags
- cryptocurrency
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Zimbabwe’s EcoCash Woes Show Dangers of Early Reliance on Mobile Money
The growth of EcoCash was driven by its ability to extend financial inclusion by drawing in previously unbanked customers. But recurrent power blackouts and food shortages in the context of a currency crisis are now showing the fragility of that model.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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India Post Payments Bank Rolls out Aadhaar-Enabled Payment Services
With AePS services, any person with a bank account linked to Aadhaar can perform basic banking services such as cash withdrawals and balance enquiry irrespective of the bank they hold their account with.
- Categories
- Finance
- Region
- South Asia
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Press Release: Mayada El-Zoghbi Is the New Managing Director of the Center for Financial Inclusion at Accion
"For more than a decade, CFI has played an important role, challenging and engaging the financial services industry to better serve, protect, and empower people around the world. I am pleased that Mayada El-Zoghbi has accepted to join as the new managing director. Her extensive experience in research and advocacy position her as the right leader to build on CFI's strong foundation of innovative, industry-shaping work," said Accion CEO and President Michael Schlein.
- Categories
- Finance
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Rwanda Is the Latest African Country Considering a National Digital Currency to Boost Financial Inclusion
Rwanda is the second African country to show an interest in a digital currency this year. Earlier in 2019, South Africa’s central bank announced that it was doing a feasibility project.
- Categories
- Finance
- Region
- Sub-Saharan Africa