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Rapid Growth = Equitable Access? Is Ivory Coast’s financial sector expanding enough to reach full inclusion?
Ivory Coast’s financial sector is expanding, but is that enough to reach full financial inclusion? How is the microfinance sector faring in the clean-up process that the government started a few years ago? And how is the rapid expansion of mobile money impacting the overall financial access picture? MIX is launching an updated version of their Ivory Coast workbook release, which explores these key questions.
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Report: 100 Million Adults Don’t Have Access to Financial Services in Pakistan
A World Bank report issued from Washington says about 100 million adults in Pakistan do not have access to formal and regulated financial services. This number accounts for about five per cent of the world’s unbanked population which stands at two billion.
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- North Africa & Near East
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The Color of Money: A Top Bank and Nonprofit Take Aim at the Racial Wealth Divide
We started writing about the Corporation for Enterprise Development a year ago, when we talked to its founder, Bob Friedman, about how the organization got its start, and where it is going with addressing asset-building and financial inclusion for low income Americans and people of color. Now, CFED has announced a new partnership with JPMorgan Chase & Co. to bring asset building initiatives to multiple cities across the country, starting with New Orleans and Miami this spring.
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Reserve Bank of Zimbabwe Approves Adoption of Agent Banking
The Reserve Bank has approved the adoption of agent banking by financial institutions as part of efforts to increase access to financial services, governor Dr John Mangudya said.
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- Region
- Sub-Saharan Africa
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IPA Announces Partnership With JPMorgan Chase & Co. to Share Evidence on Financial Inclusion
Innovations for Poverty Action announced today the beginning of a partnership with JPMorgan Chase & Co. to translate research around the world into practical insights for financial service providers engaged with underserved consumers in the U.S. and Europe. This work will be conducted in close partnership with MIT’s Abdul Latif Jameel Poverty Action Lab (J-PAL).
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Future Looks Gloomy for Ghana’s Microfinance Institutions
THE future looks gloomy for Ghana’s microfinance institutions as the country’s central bank cracks the whip on fly-night lenders that have mushroomed across the country.
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- Region
- Sub-Saharan Africa
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India: Moving a Billion People into Digital Finance
Digital finance has great potential to improve life for consumers and merchants in India. But the lack of familiarity has impeded digital money’s growth in the country. This lack of awareness exists despite India Prime Minister Narendra Modi’s national mission for financial inclusion.
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- Region
- South Asia
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Report: Digital Money Is Now ‘Part Of The Fabric Of The Modern World’
A recent report from Imperial College London with Citi digs deeper into digital money – its benefits, global adoption, tipping point and much more.
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