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Press release: The Fintech100 – announcing the world’s leading fintech innovators for 2018
The 2018 Fintech100 is the fifth edition of the annual report, a collaboration between fintech investment firm H2 Ventures and KPMG Fintech. The Fintech 100 includes the 'Leading 50' fintech firms around the globe, ranked based on innovation, capital raising activity, size and reach; and the 'Emerging 50', exciting new fintechs that are at the forefront of innovative technologies and practices and are often pursuing new business models.
- Categories
- Finance
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Viewpoint: As Safaricom turns 18, has its innovation ‘conveyor belt’ slowed?
After the global acclaimed mobile money transfer service Mpesa, Safaricom has not had another innovation that has captured its users.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Cash triumphs in Kenya’s public buses as train, taxis embrace cashless system
The cashless system had the backing of the government, top telecommunication firms and banks, which touted the cards as the panacea to end corruption on the road and curb haphazard fare increases.
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- Finance
- Region
- Sub-Saharan Africa
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Women Worldwide Struggle to Access Banking Services. Bitcoin Is Only Making That Worse
Blockchain technology is currently being used to distribute aid to 100,000 Syrian refugeesby The World Food Programme. And plans for future blockchain initiatives within the U.N. alone run from ending child trafficking to providing services for women and girls in humanitarian settings.
- Categories
- Finance
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Viewpoint: What developing countries can teach America about banking
For many, the inability to even get to a physical branch — bank branches are highly concentrated in urban areas — means that they don't have access to banking services at all. As a result, about 6.5% of American households still don't have a bank account, while another 18.7% are "underbanked" — they have an account, but also use check-cashing or payday loans. In all, over 60 million adults are unbanked or "underbanked" in this country.
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- Finance
- Region
- North America
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Press release: New Report Shows Creating Financial Access for Immigrants & Underserved Entrepreneurs Increases Credit Scores and Leads to Job Creation
Opportunity Fund research shows microlending to immigrant and underserved entrepreneurs in California creates a path into the mainstream economy for borrowers and leads to job creation and economic activity in communities.
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- Press release
- Categories
- Finance
- Region
- North America
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Press release: Nine new projects focused on financial inclusion to receive more than US $9 million
Lindsay Wallace, Director of Strategy and Learning at the Mastercard Foundation, said: “The aim of the FRP has always been to enable smallholder farmers and poor people living in rural Africa to reach their full potential by supporting new private sector initiatives that provide access to financial services. We’re very happy to see this latest round of selected firms, demonstrating the depth and breadth of ideas and action plans that will do just that.”
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Why India lags peers in digital payments
Yet despite this growth, after adjusting for population, India continues to lag other major countries. Among the BRICS countries (Brazil, Russia, India, China and South Africa), Russia leads the way with the average adult making more than 200 non-cash transactions annually.
- Categories
- Finance
- Region
- South Asia
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