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Safaricom and Kenya Commercial Bank Partner to Counter Equity’s Mobile Money Plan
KENYA Commercial Bank has partnered with Safaricom to offer a new product that converges financial and communication services to take on Equity Bank's planned mobile virtual network operation business.
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- Sub-Saharan Africa
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Nigeria Launches National Bank Verification Scheme
VENTURES AFRICA – As part of the financial inclusion policy of the Financial Sector Strategy (FSS) agenda of ensuring Nigeria becomes one of the top 20 largest economies in the world by 2020, the Central Bank of Nigeria (CBN) has advised bank customers in Lagos to register and obtain their Bank Verification Number (BVN).
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- Sub-Saharan Africa
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Big Three Credit Rating Agency Courts Impact Investing at Right Moment
NEW YORK — It’s not without rhyme or reason that a credit rating agency like Moody’s Investors Service suddenly takes an interest in the impact investing field. For Mark Tulay, founder and CEO of Sustainability Risk Advisors and Sustainability ROI, this institution has good reasons to do so. “Credit raters see that climate change could, or likely will, lead to an environmental crisis that will create the next economic crisis,” said Tulay at the TBLI CONFERENCE USA 2014.
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A Really Inconvenient Truth: The documentary “Spent” raises awareness of low-income Americans’ financial plight – but are banks really to blame?
To help spark a national dialogue about improving financial services, American Express sponsored the documentary "Spent: Looking for Change." Produced by the director of "An Inconvenient Truth," the film profiles struggling Americans who are ill-served by the financial industry. But it also illustrates another hard truth: our choices can impact our financial health more than our banks can.
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Mobile Banking Rises Across the Globe
Emerging countries such as China, India and Bangladesh witnessed significant growth in the past 12 months, the Juniper study found.
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- South Asia
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OPINION: Bank accounts for all won’t bring financial inclusion to India
Financial inclusion, the buzzword that Manmohan Singh government used quite freely during his term in office, is likely to be part of Prime Minister Narendra Modi’s lexicon as well. But the question is, how will he implement it?
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Equity Bank, Safaricom in clash that could affect Mpesa’s future
Kenya: The black swan theory provides an interesting way of looking at the business world. But for many entrepreneurs and corporate leaders, this theory — which describes an event that comes as a surprise and has a major effect — is yet to be ingrained in their way of life. And this is despite the fact that innovations that turn the world of business upside down often, if not always, come from “unexpected” quarters.
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- Uncategorized
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- Sub-Saharan Africa
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Impact Investing in India: Poised to Grow?
Impact investments are expected to increase globally this year, with South Asia and Southeast Asia among the top target regions, according to a recent survey by JPMorgan and Global Impact Investing Network (GIIN). This could bode well, in particular, for India’s nascent impact investment sector, which is one of the most active in the region.
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- Uncategorized
- Region
- South Asia
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