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CBK proposals likely to end M-Pesa dominance
SAFARICOM'S Mpesa platform may soon be open for use by other mobile payment services providers if new regulations published by the Central Bank are effected. This could end the mobile company's dominance of the mobile money market which has locked many subscribers to its network.
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- Uncategorized
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Policy interventions go wrong
It is a classic case of a government policy going horribly wrong. It was intended to protect consumers' right, but it ended up hurting them the most. When the Andhra Pradesh government sought to restrict microfinance institutions' (MFI) activities in December 2010, it was with good intentions.
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- Uncategorized
- Tags
- microfinance
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Bank of Jamaica Developing Agent Banking System to Reach the Unbanked
In pursuit of greater financial inclusion, the banking regulator plans to allow traditional banking institutions to partner with third parties to offer banking services, as agents. As much as a third of the Jamaican population are 'unbanked', that is they do not use or have limited access to the formal banking system.
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- Uncategorized
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Nigeria: Microfinance Banks Need More Financial Empowerment
The Managing Director, Fortis Micofinance Bank Plc, Mr. Kunle Oketikun has called for more financial empowerment for Nigerians.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Strong signals for mobile banking
With 840 million phones potentially competing against less than 85,000 bank branches, there is no doubt over mobile banking’s potential to accelerate financial inclusion.
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- Technology
- Region
- South Asia
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Mobile money transforming Africa
A new study reveals just how different e-commerce is in Africa compared to global trends.
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- Uncategorized
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In Financial Inclusion, Indonesia’s Policies and Banks Found Wanting
The direct relationship between financial inclusion and economic growth and development is well accepted globally. But when it comes to financial inclusion in Indonesia, there is quite a long way to go. The concept of financial inclusion not only embraces access to credit and loans for all, it also means access to bank accounts, insurance products and, equally importantly, financial education.
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- Uncategorized
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Visa partners with Micro Pension
Global payments technology company Visa on Wednesday announced a partnership with Micro Pension Foundation, an Indian non-profit organization.
- Categories
- Technology
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