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Facebook’s Libra Serves as Signal That Fintech Firms Like Visa, Paypal, Booking.Com Were Eager to Explore Stablecoins, Blockchain Advisor Argues
“An increase in the supply of Tether has been seen as a positive leading indicator especially for Bitcoin demand. The thinking is that increased issuance of Tether [leads to more] buying. Tether`s price fluctuates around $1. The issuing company, Tether, aims to manage the supply so that it does not trade at a significant premium or a discount for an extended period.”
- Categories
- Finance
- Tags
- blockchain
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Pandemic Strengthens African Bank Digitization
Within Sub-Saharan Africa, Mobile Money Providers Have Waived or Reduced Transaction Fees While Governments Are Encouraging Digital Payments as a Strategy to Wean off Person-To-Person Contact.
- Categories
- Coronavirus, Finance
- Region
- Sub-Saharan Africa
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The COVID-19 Crisis in Emerging Markets Demands a Once-in-a-Century Response
Will the IMF Pass the Pandemic Stress Test?
- Categories
- Coronavirus, Finance
- Tags
- employment
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COVID-19 Has Stalled UN’s Goals to Reduce Global Hunger, Poverty and Climate Change
Crucial global goals to reduce hunger and poverty and curb climate change have gone backwards or stalled, the United Nations Secretary-General warns in a new report, as the Covid-19 outbreak moves from being a health crisis to becoming the “worst human and economic crisis of our lifetimes”.
The number of people suffering hunger has increased, climate change is occurring faster than predicted, and inequality is increasing within and among countries, António Guterres said in his Progress towards the Sustainable Development Goals or SDG 2020 report.- Categories
- Coronavirus, Environment, Finance, Health Care
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Kenya’s Safaricom to link its M-Pesa platform with Visa’s network
Visa and Safaricom have agreed a deal which will connect the Kenyan telecom operator's M-Pesa financial services platform with Visa's global network of merchants and cards.
- Categories
- Finance
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China and India Reportedly Have Highest Fintech Adoption Rate, but New VC Funds Mainly Focused on Revenue-Generating Fintechs
Efi Pylarinou, a Fintech and Blockchain Advisor based in Switzerland, notes that funding is “on everybodys’ mind,” which might particularly be true for early-stage startups that have not yet acquired a significant user base.
- Categories
- Finance
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Digital Financial Services Could Fast-Track UN SDGs
Change is afoot in Africa as governments work tirelessly to identify their most vulnerable citizens for emergency disbursements. Banks, mobile money operators and Fintech firms are providing innovative solutions to meet their client needs and this may be a significant opportunity for lasting positive change.
- Categories
- Coronavirus, Finance
- Region
- Sub-Saharan Africa
- Tags
- digital finance, fintech, SDGs
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Women-Focused Fintech Startups Can Now Apply for World’s Women Banking Challenge
World’s Women Banking (WWB), US-based gender inclusiveness investment firm in partnership with Singapore Fintech Festival, recently opened applications for fintech startups focused on women in emerging markets.
- Categories
- Finance
- Tags
- fintech, gender lens, startups
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