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Orange Money links up with Bank of Africa for mobile banking
Wireless operator Orange has integrated its mobile Money platform with the Bank of Africa, enabling users to perform basic banking transactions with their handsets.
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- Uncategorized
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- Sub-Saharan Africa
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- mobile finance
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Free mobile money transactions from Airtel to boost Rwanda’s financial inclusion drive
The government's efforts geared at ensuring that all Rwandans access financial services have been boosted by Airtel Rwanda, which has scrapped charges on Airtel Money service transactions.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Looking for Hybrid Ecosystems to Serve the BoP: Scenes from the first BoP World Convention that took place last month in Singapore
The first BoP World Convention took place in Singapore at the end of August. For an inaugural conference, it attracted a remarkably large and diverse crowd—600 attendees from 40 countries that spanned a multitude of ages and topic specialties, writes organizer Al Hammond. What set this conference off from other BoP gatherings were efforts to consider how these sectors might work together in novel ways to address poverty.
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Foreign investors chasing bigger gains by investing in Indian microfinance institutions
Instead of raising their holdings in companies such as HDFC Bank and IDFC, the infrastructure lender which is turning into a bank, investors are chasing India's profitable microfinance institutions.
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- Uncategorized
- Region
- South Asia
- Tags
- microfinance
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A Day in the Life of the Unbanked Consumer — And How Mobile Can Help
To fully understand the effect that mobile payment technology is having on our world, let’s take a look at a day in the life of individuals who are oceans apart but have one thing in common: No bank account.
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- Uncategorized
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How Telcos, MTOs and Banks Could Crash over Remittances
Hugo Cuevas-Mohr shares insights gleaned from his work with money transfer professionals from all over the world about the remittance market, the role of traditional players, banks and telcos and who has the edge as this $500 billion industry evolves.
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- Uncategorized
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Where to, when mobile money reaches critical mass?
M-money services take-up has taken time, but as it passes the “critical mass” moment, two things begin to happen, writes Russel Southwood.
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- Uncategorized
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Reserve Bank of India governor cautions Modi government on speed of financial inclusion scheme
Reserve Bank of India (RBI) governor Raghuram Rajan’s warning to sarakari banks, on a hunt to win maximum number of bank accounts in minimum days to make Narendra Modi government’s flagship financial inclusion scheme Jan Dhan Yojana a success, reflects the regulator’s concern on the way government using state-run banks to push its populist agenda overlooking prudential norms.
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- Uncategorized
- Region
- South Asia
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