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Press release: MIX and One Acre Fund Launch Smallholder Finance Product Explorer
MIX and One Acre Fund announced the launch of the Smallholder Finance Product Explorer, a new, centralized directory where the agricultural finance industry can, for the first time, access detailed information on existing smallholder finance products. The goal of this new resource, which is available through the popular MIX Market platform, is to make accessible operationally useful information in order to inspire the development of new financial products for smallholder farmers and improve existing ones.
- Categories
- Agriculture
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Opinion: Angus Deaton and the Location of Poverty
In short, the Nobel laureate's recent claim that 5.3 million Americans live below the World Bank's absolute poverty line—and thus foreign aid should be redirected back home—compares income data for the US to consumption data from developing countries. Comparing like with like suggests a very different picture.
- Region
- North America
- Tags
- data
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‘We don’t talk about inclusion’ and that’s a problem, says BlackRock’s Larry Fink
"I think the question isn't the financial system but the inclusiveness of the financial system, and we don't talk about that at all," the BlackRock CEO lamented during a panel entitled "Remaking the Future of Global Finance" moderated by CNBC.
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India urges state banks to improve lending practices
The ministry said that it wants lenders to work on improving customer responsiveness, responsible banking, deepening financial inclusion and digitalization, and staff development. At the heart of all this would be a drive to weed out corruption and improve efficiency.
- Region
- South Asia
- Tags
- lending, public policy
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This Impact Investing Platform Was Set To Be A Game-Changer. So Why Did It Fail?
In order to scale, impact investing needs a platform that will make it easier for investors to connect with vehicles for their funds. ImpactUs promised to do that–but its failure shows that the space wasn’t quite as ripe for innovation as its founders had hoped.
- Categories
- Investing, Technology
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Press release: TRANSFAST Partners With Bangladesh BRAC Bank and bKash Mobile Wallet for Global Money Transfers
Bangladeshi expatriates around the world can now send cross-border remittances to bKash Mobile Wallet users at any of TRANSFAST'S 200,000 payout locations in more than 120 countries. The funds can be either cashed out via bKash agent locations in Bangladesh, or can be utilized to make person to person fund transfers, top-up mobile airtime, pay bills, and shop in-store. TRANSFAST is the first money transfer company to partner with bKash to provide this service in Bangladesh.
- Categories
- Finance
- Region
- South Asia
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Malware threatens India’s mobile banking revolution
Digital transactions, currently running around 900 billion rupees ($14 billion) a month, are a tempting target for cyberthieves, who have created malware targeting digital banking customers.
- Categories
- Finance, Technology
- Region
- South Asia
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‘Blended’ finance is key to achieving global sustainability goals, says report
In a report to be presented on Wednesday at the World Economic Forum in Davos, the Business and Sustainable Development Commission found that private sector investors could take advantage of blended finance to gain access to rapidly growing markets in the developing world.