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Office of the Comptroller of the Currency Debuts Program to Expand Financial Inclusion
The Office of the Comptroller of the Currency (OCC) is teaming with leaders in the financial services industry and civil rights organizations on a new program designed to increase access to credit and capital by underserved communities.
- Categories
- Finance
- Region
- North America
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M-Pesa Dominates Kenyan Mobile Money Market – Will a Challenger Emerge From Telkom-Airtel Merger?
M-Pesa’s mobile money dominance has reportedly swelled to almost 99%
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Report: Kenya Mobile Money Market to Reach US$174 Billion by 2024, Fostered by Ease of Access
In recent years, there has been a rise in the demand for mobile money in Kenya, owing to the increasing internet penetration and boosting sales of smartphones.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech
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Viewpoint: Improving Cross-Border Payments Is Critical To Support Global Economic Growth, Trade And Financial Inclusion
Resolving longstanding frictions and challenges in cross-border payments has been a major objective of the Committee on Payments and Market Infrastructures (CPMI).
- Categories
- Finance
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Indian Digital Payments Giant Paytm to Offer Additional Financial Services after Acquiring Raheja QBE, an Insurance Business
India has become a leader in supporting digital payments adoption. The $2 to $3 trillion economy is projected to be ranked among the top 5 countries in the world in terms of GDP by 2030.
- Categories
- Finance
- Region
- South Asia
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Viewpoint: COVID-19 Could Deliver Positive Changes to Emerging Markets
Emerging markets (EM) are at a crossroads. The impact of COVID-19 aggravates pre-existing challenges. But it also enables those EM economies that respond effectively to create better conditions for the future.
- Categories
- Coronavirus
- Tags
- accelerators
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Press Release: GSMA Launches Mobile Money Interoperability Test Platform Driving Financial Inclusion in Africa
For over a decade, mobile money has been driving financial inclusion, opening access to digital transactions and giving people the tools to better manage their financial lives. Today, there are more than a billion registered mobile money accounts globally, spread across 290 mobile money deployments that are live in 95 countries.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Viewpoint: How to Save Vital Remittances to the Developing World
The remittance safety net is under threat from job losses in sectors heavily dependent on migrant labor, and any proposal that the G20 nations maintain remittance flows would probably meet with derisive laughter; it would be tantamount to demanding that foreign countries bankroll the developing world’s non-existent safety nets. So the question is, what can be done?
- Categories
- Coronavirus, Finance
- Tags
- employment, remittances