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Reserve Bank of India to issue much-awaited banking licenses to reshape banking sector
The next generation of banking structure will be the first step to a thousand mile journey to make India the third largest banking economy in the world. The issue of "on-tap" new banking licenses will prove to be a game changer for the Indian banking industry.
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PRESS RELEASE: First Access and Vodacom Tanzania Ink Financial Inclusion Deal
Partnership offers financial institutions the ability to purchase instant risk scores from First Access based on prepaid mobile phone records.
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- Sub-Saharan Africa
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Kopo Kopo Goes International, Ready to Integrate Mobile Money Payments from Merchants Around the World
In an exclusive interview with TechMoran, Ben Lyon of Kopo Kopo said that 2014 is the year of partnering with payment providers to build and manage merchant networks.
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- Sub-Saharan Africa
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India Has Millions of Female Entrepreneurs and They Need Easier Access to Money
While there may not be many women occupying the executive offices of India, the country is home to literally millions of female entrepreneurs, in charge of their own tiny businesses, according to estimates by the International Finance Corp.
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- South Asia
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Financial Literacy an Imperative for Inclusion in Nigeria
Of the adult population, 17 per cent are served by informal institutions and 46 per cent are completely excluded. These 58 million unbanked Nigerians are the primary targets of Financial Inclusion.
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- Sub-Saharan Africa
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Moving India Toward Universal Financial Inclusion: Part 2 of our Q&A with Nachiket Mor
The Nachiket Mor committee report on financial inclusion in India has sparked excitement and debate domestically and around the world. In part two of our Q&A with Mor, we discuss India’s move toward a cashless economy, the need for responsive regulations, and how the committee’s recommendations could impact India’s economy and low-income communities.
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FinScope reveals significant increase in financial services inclusion in South Africa
FinMark Trust annual FinScope South Africa 2013 survey results reveals a significant increase in financial inclusion compared to last year from 28.9 million people in 2012, to 30.7 million in 2013.
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Mobile payment solution from First Bank of Nigeria Ltd secures U.S. $12 Million from Gates Foundation
In apparent move to boost the nation's financial inclusion drive, the mobile payment solution from First Bank of Nigeria Ltd, Firstmonie has secured a grant of $12million US dollars from the Bill & Melinda Gates Foundation to execute the project.
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