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Nigeria Inter-Bank Settlement System targets 500,000 agents to boost financial inclusion
The Nigeria Inter-Bank Settlement System Plc has relaunched an e-payment platform, mCASH, targeting 500,000 agents, in a bid to deepen financial inclusion in the country.
- Categories
- Finance, Telecommunications
- Region
- Sub-Saharan Africa
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Singapore FinTech Enables Instant Blockchain Remittance for Myanmar Migrant Workers in Thailand
The remittance industry stands as one of the most disrupted industries by blockchain technology.
- Categories
- Finance
- Region
- Asia Pacific
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Mobile industry to add $150b to Africa’s economy by 2022, as subscribers rise
GSMA is pegging the rise to the growing number of mobile subscriptions, which it expects to hit 634 million — equivalent to 52 per cent of the population — by 2025, from 44 per cent as at the end of 2017.
- Categories
- Finance, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Jack Ma’s fintech startup shakes up China’s banks
Ant Financial Services Group, founded by Chinese billionaire Jack Ma, has become the world's biggest financial-technology firm, driving innovations that let people use their phones for buying insurance as easily as groceries, enabling millions to go weeks at a time without using physical cash. That success is also putting a target on the company's back.
- Categories
- Finance
- Region
- Asia Pacific
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WhatsApp Payments India launch delayed as Facebook awaits government’s nod
In an earnings call with analysts after reporting its Q2 2018 results, CEO Mark Zuckerberg said the company has been testing the payment feature on WhatsApp in India for some time.
- Categories
- Finance
- Region
- South Asia
- Tags
- digital payments, fintech
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How blockchain technology could revolutionise microfinance in Cambodia
A new Cambodia-based startup thinks it might have found a way to change how microfinance lenders operate and cut down lending fees by more than half – by jumping on the blockchain bandwagon.
- Categories
- Finance, Technology
- Region
- Asia Pacific
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Zimbabwe’s cashless economy hampers businesses
"I think the need of cash is still there because some local vendors, if you want to buy tomatoes, bananas, they are not accepting EcoCash. So at the end of the day there is need for cash then at the same time there is need to adapt to using the EcoCash."
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- fintech
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Announcing the Latest NextBillion E-book: Insights and Innovations in Financial Health
In response to a growing recognition that financial access alone doesn’t guarantee social impact, many of the sector’s leading voices are shifting their focus to financial health. MetLife Foundation and its partners explored that topic on NextBillion's Financial Health site, through 20 articles that discuss what’s working—and sometimes, what’s not working—in inclusive finance. We’ve compiled these articles into an e-book, which you can download and share here.