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DFID, Gates Foundation to set up digital financial services unit in Pakistan
The United Kingdom (UK) government’s Department for International Development (DFID) on Monday signed a memorandum of understanding (MoU) with the Bill and Melinda Gates Foundation to set up a digital financial services (DFS) unit in Pakistan.
- Categories
- Uncategorized
- Region
- North Africa & Near East
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Mobile payment startup taps into Indian villages
Ezetap, a mobile payment startup, wants to connect small Indian villages with business and is using its mPoS to do so, Business Standard reported.
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- Uncategorized
- Region
- South Asia
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NexThought Monday – Mobile Money Interoperability is Not a Silver Bullet for Financial Inclusion
Interoperability between mobile money operators is a hot topic right now. Various stakeholders have placed it at the top of their agenda, hoping it will prove to be a key to increasing mobile money adoption and advancing financial inclusion. But though interoperability can undoubtedly help extend the reach of mobile money, Selma Ribica of Vodafone Group argues that it can also pose significant risks.
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- Uncategorized
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PRESS RELEASE: Unitus Seed Fund adds more prominent investors
November 16, 2014. Bangalore: Unitus Seed Fund announced that it has now raised over USD $4 million from 16 high net income Indian investors in its Indian rupee fund, and Seattle area tech executives, including Steve Singh, Diego Piacentini, and Bill Gates have invested in Unitus Seed Fund’s affiliated offshore venture fund.
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- Uncategorized
- Region
- South Asia
- Tags
- impact investing
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Free the Cash Networks!: How one small regulatory change could have a huge positive impact on mobile money’s development
Mobile money is booming around the developing world - but would-be entrepreneurs and even established companies are dealing with a major impediment to their success: the challenge of running a cash-in/cash-out agent network. These struggles are impeding the supply of competitive digital financial services, says Ignacio Mas - but
a simple regulatory change could help eliminate the problem.- Categories
- Uncategorized
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75% of Jan Dhan accounts empty: Indian financial inclusion scheme may be missing its objective
Initial indications from the data on Prime Minister's Jan Dhan Yojana (PMJDY) are that the grand financial inclusion scheme of the Narendra Modi government has failed to achieve its original objective - to encourage the country's vast unbanked poor population to use bank accounts for cash transactions.
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- Uncategorized
- Region
- South Asia
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India Post keen to become a universal bank
India Post is interested in turning itself into a universal bank like many of its peers across the world and a committee under former Cabinet Secretary TSR Subramanian is looking into the matter, a senior department official said today.
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- Uncategorized
- Region
- South Asia
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PRESS RELEASE: Accion and MasterCard Foundation Partner to Strengthen Board Governance in Africa
The Center for Financial Inclusion at Accion today announced a $6.1 millionpartnership with The MasterCard Foundation to launch the Accion Africa Board Fellowship program.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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