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Indonesia’s New Economic Era: A presidential election on the horizon, the world’s most populist Muslim country faces old problems
Indonesia’s economy is set to outpace Germany and the United Kingdom by 2030, yet nearly half its population struggles to survive on less than $2 a day, according to a report by the McKinsey Global Institute. The upcoming presidential election could set the stage for an inclusive, equitable economy that lifts the poorest out of poverty, provides good jobs and rewards the business sector.
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Mobile money remittances for Zimbabwean expats
Expat Zimbabweans now have an alternative remittance service thanks to Econet Wireless partnering with cash transfer firm WorldRemit on a mobile money offering.
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Soon, Indians won’t need smartphones for mobile money transfers
FM might next month launch mobile banking services for people not using smartphones, the move aims at pushing financial inclusion in India
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Mobile Money Revolution Rises Cyber Security Risk In Africa
Africa is celebrated as the birth place of mobile money revolution, piloting the initiative that has seen more people come into the financial fold in many countries in the region and front running developed nations with much advanced form of financial inclusion.
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Part of the Problem – or Part of the Solution?: EMERGE conference challenges financial service providers to raise their game in serving low-income Americans
Approximately 46.5 million Americans live in poverty, due in part to the 2008 economic crisis. But the industry that sparked the crash may be part of the solution, as financial service providers show increasing interest in the low-income market. In the first post in our Domestic Financial Innovation series, we explore the industry’s shifting attitudes toward bank and non-bank players.
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This Credit Union in Disguise Is Helping Poor Latino Communities
Low-income Latinos often rely on predatory payday loans and high-priced check-cashing services. Savings accounts can change that.
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OPINION: Consumers Federation of Kenya’s fight with Equity Bank is bad for business
Kenya: When the Consumers Federation of Kenya (Cofek) went to court seeking orders to cancel the Mobile Virtual Network Operator (MVNO) licence issued to Equity Bank through its subsidiary for mobile services, Finserve Africa Limited, it seemed the idea was about more than getting justice for the consumer.
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