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Will Nigerians embrace mobile money in 2014 ?
In the bid to deepen financial inclusion across the country, financial institutions and mobile money service providers are introducing resourceful methods of bringing the unserved populations into the formal economy by using mobile phones but Nigerians appear unfazed about the mobile money mantra.
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- Sub-Saharan Africa
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Deshpande’s Sandbox to inspire social innovation hubs
Deshpande, advisor to US President Barack Obama and founder of Deshpande Foundation, said, "If we are able to combine the execution excellence of for-profit organisations with the compassion of not-for-profit organisations, we can do magic."
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How social enterprises are combatting modern slavery
Rich McEachran explains how social enterprises are a sustainable solution to modern slavery worldwide
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Crowdfunding, Smartphones and Bitcoin, Oh My…: Seven financial innovation questions that could shape 2014
2013 was a momentous – perhaps even an historic – year for financial innovation and inclusion, and it has left us primed for a fascinating 2014. Here are seven questions raised by some of 2013’s biggest developments that could resonate in the coming year and beyond.
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International funding for financial inclusion climbs to $29 billion in 2012 – survey
Global spending on financial inclusion increased by an estimated 12 percent in 2012, totaling $29 billion, according to a survey by a World Bank financial inclusion think tank.
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OPINION: ‘Digital Money Will Save the World’s Poor’ and Other Delusions
Last November several people spoke at a Senate hearing to defend bitcoin. I already got a little cranky about them, but looking back over their testimony, there’s another small thing that they all believe that is unsupported by real-world experience: Bitcoin will help people who don’t currently use a bank.
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- digital payments
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Mobile transactions in Kenya hit USD $19.6 billion in 2013
Kenyans transacted KSh1.7 trillion (US$19.6 billion) through their mobile phones in the first 11 months of 2013, underscoring the increasing significance of handsets in the financial services sector.
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From Corner Store to Microfinance
With a master's degree in social work and a Ph.D. in marriage and family therapy, Antoinette Temporiti spent 30 years counseling individuals and families. She specialized in working with young adult victims of sexual abuse and loved her career. But a trip to Africa in 2004, when she was 54 years old, set her on a new path.
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