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Viewpoint: Libra Is an Opportunity to Leapfrog Chinese Fintech to Achieve Cashless Economy
Penetration into offshore markets could accomplish a long-coveted Communist Party goal — replacing the international prominence of the dollar with a yuan-based alternative. If widely adopted, Libra — whose backers include Visa, Mastercard and Paypal — could shut those doors forever.
- Categories
- Finance
- Tags
- cryptocurrency, fintech
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Press Release: BBVA and Pestana Hotel Group Issue the World’s First Green Bond in the Hotel Industry
BBVA and Pestana Hotel Group have reached a new milestone in the sustainable finance market, issuing the world’s first green bond in the hotel industry, according to the International Capital Markets Association’s (ICMA) Green Bond Principles.
- Region
- Europe & Eurasia
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Consortium Releases Technology-Enabled Sustainable Supply Chain Finance Model
The aim of the model is to drive more transparency in global supply chains and encourage sustainable production processes through supply chain finance.
- Categories
- Finance, Technology
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FairMoney Raises $11 Million in Series a Investment Round to Reshape Nigeria’s Mobile Banking and Institutionalise to Ghana, Kenya, and Egypt
FairMoney, a Paris-based fintech startup, is planning to institutionalise operations in Ghana, Kenya and Egypt.
- Categories
- Finance
- Region
- Sub-Saharan Africa
-
Online Banking Still a Reserve for the Rich in Kenya – Survey
People in higher income brackets use their phones to obtain more information on products and services before purchase, and across all income brackets, users regularly keep track of their online fund balances.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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India’s Microfinance Industry To Self-Regulate With Code For Responsible Lending
Manoj Nambiar, Chairperson, MFIN, said: “This is a significant self-regulatory step across all RBI-regulated entities and others that aims at safeguarding the interests of low-income customers through enhancing transparency and compliance."
- Categories
- Finance
- Region
- South Asia
- Tags
- microfinance, regulations
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Viewpoint: Ghana’s Banks May Find Themselves Undercut by MTN’s Mobile Money
MTN Ghana is targeting 20m customers on its mobile money service in the next three years, from 13m in 2018.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- fintech
-
Ericsson and MTN launch Mobile Money open API platform in Ghana
Ericsson and MTN have extended their mobile money partnership with the launch of an open API platform in Ghana.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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