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The Telecom That Developed M-Pesa Is Boxing Competitors Out Of The Mobile Money Market
Kenyan Telecom rejects push by competitors to use its money transfer agents.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Fears Of China’s Shadow Banking Implosion Are Overblown
When China Commercial Credit, Inc. planned its IPO on NASDAQ last August, it had to cut the deal size twice because of weak investor appetite. The company ended up raising $8.9 million, only half of its original target.
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- Region
- Asia Pacific
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- microfinance
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Payment Banks as Financial Levellers
Payment banks and universal electronic bank accounts can bring about genuine financial inclusion
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- Uncategorized
- Region
- South Asia
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Accion to partner with Lagos on poverty alleviation
Accion Microfinance Bank (AMfB) said it is collaborating with the Lagos State government on a poverty eradication scheme. According to a statement, members of staff of the Lagos State Ministry of Commerce and Industry, led by the Director of Commerce Mr. Hakeem Adeniji, indicated this when they paid a courtesy visit to the head office of Accion recently.
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Mobile: Africa’s debit card
In the countries where mobile money has been particularly successful like Kenya, Uganda and Tanzania, the next unfolding wave of growth is payments integration.
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- Uncategorized
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OPINION: Tech advancements have made India’s banks more vibrant
Over the past decade, the Indian banking sector has seen remarkable progress. It is clearly indicated by their healthy business growth, fast-paced credit expansion and profitability along with control over non-performing assets (NPAs).
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- Uncategorized
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Chinese microcredit firm moves into online P2P lending
China Commercial Credit, the only mainland microcredit firm listed in the United States, will become the first such company to venture into peer-to-peer (P2P) lending as part of moves to expand beyond its base in Jiangsu province.
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Weekly Roundup (2/14/14): The Kiva Debate
If you were reading NextBillion this week, you probably couldn’t help but notice - and perhaps get drawn into - a debate over Kiva. It started with Hugh Sinclair’s NexThought Monday post, and continued with Kiva’s response. Today, NextBillion’s editors explain why we published this controversial post, and why we believe the ensuing debate was worth having.
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- Uncategorized
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