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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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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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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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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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- South Asia
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The MasterCard Foundation: Access to Financial Services in Africa Can Transform Lives
“Greater financial inclusion is correlated with higher living standards, better health outcomes, higher education levels, and an overall improvement in well-being,” explained Ann Miles, Director of Financial Inclusion at The MasterCard Foundation.
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- Sub-Saharan Africa
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Why Don’t Small and Medium Businesses Grow?: Innovations for Poverty Action Working Group tackles the question from several angles
SMEs are thought to be the backbone of many economies, leading governments and aid agencies to spend billions of dollars on SME assistance each year. However, little evidence exists on the actual barriers to growth and the most effective solutions to alleviate these constraints. IPA’s SME Initiative is working to address this knowledge gap, and they describe the findings of several studies in this post.
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G8 report sheds light on the process of building the impact investing market
A G8 task force on impact investing published a report on September 15th, with its recommendations on how to push forward the market.
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- impact investing
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Kenya MPs to rule on Equity Mobile Virtual Network Operator services
Equity Bank will have to wait a little longer before rolling out its Mobile Virtual Network Operator services in Kenya.
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- Uncategorized
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- Sub-Saharan Africa
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- mobile finance
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