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A ‘Small Revolution’ in Ecuador?: The world’s first national e-money platform has reshaped the ecosystem – but will a government-led model work?
In December, the government of Ecuador launched the world’s first state-run e-payment system. The platform addresses the interoperability problem that has plagued the mobile ecosystem in other countries, and it’s affordable to the poor - though questions remain about whether a top-down approach will prove effective. The experiment could have repercussions for other countries in the region.
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An Angel Network That Invests Only In Ethiopian Ventures
RENEW Strategies, an impact investment advisory firm that manages a network of wealthy families with an interest in African development, is part of the Impact Angel Network, which currently invests entirely in Ethiopian ventures.
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- Sub-Saharan Africa
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How a Cutting Edge Effort to Boost Family Financial Stability is Giving Out $3 Million
JPMorgan Chase is the founding partner with CFSI of the Financial Solutions Lab, a $30 million, five-year initiative "to identify, test, and expand the availability of promising innovations that help Americans increase savings, improve credit, and build assets."
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This Startup Gives Poor People a Year’s Income, No Strings Attached
A person whom Teresa had never met showed up at her home one day with a remarkable offer. Teresa and her family would receive what amounted to a year's income, in cash. Nothing was owed in return. She did not have to repay the money, and her family could spend it however they wished.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Banks Challenge M-PESA in Kenya: What their emergence could mean for the world’s leading mobile money market
Since its launch in 2007, Safaricom’s M-PESA has dominated Kenya’s mobile money market. However, new data from the Helix Institute of Digital Finance shows that this now seems to be changing, as banks are taking a growing slice of the pie. Helix explores why this could be a positive development for customers – and for the overall market.
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Can China’s Financial System Become More Inclusive?
Beijing is trying to make finance accessible to those traditionally denied it, with mixed results.
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- Uncategorized
- Region
- Asia Pacific
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PRESS RELEASE: Bangladesh Government joins the Better Than Cash Alliance
Aligned with the nation's Digital Bangladesh Vision 2021, the Government of the People's Republic of Bangladesh today announced it will accelerate its transition from cash to digital payments, marked by a new partnership with the Better Than Cash Alliance.
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- Uncategorized
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- South Asia
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Foundation Searches for Young Social Entrepreneurs
There are many success stories of social enterprises taking off, but most of these are in Manila. Proponents of a contest seeking to award social entrepreneurs hope to find the next success story in the provinces.
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- Uncategorized
- Region
- Asia Pacific
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