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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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Who Wants to Be a Trillionaire?
Imagine what the world would look like if impact investing had the same mainstream acceptance as value investing?
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MFIs tapping capital market not a good idea: Yunus
The Nobel laureate recommended granting MFIs special micro-credit banking licences to accept deposits
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World Bank, Firstmonie partner to advance mobile money in Nigeria
The World Bank through its subsidiary the International Finance Corporation (IFC) has announced a partnership with First Bank of Nigeria’s Firstmonie to advance mobile money services in Nigeria.
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The BoP World Convention & Expo: Why the inaugural gathering is critical and why Singapore is the perfect venue
The BoP World Convention will focus on hybrid models for serving the BoP, with speakers from the private sector, the social entrepreneur community, major non-governmental organizations, and governments. It reflects a growing belief that collaborative, cross-sector approaches are necessary to get to scale and, despite a strong contingent of speakers from Asia, reflects a global perspective.
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