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Indonesia tightens screws on peer-to-peer lenders
Registered P2P companies are blaming the problem on illegal players, which OJK officials said are hard to control and often come from abroad, including China, Thailand and Malaysia.
- Categories
- Finance
- Region
- Asia Pacific
- Tags
- fintech, mobile finance
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Indian government starts process for financial inclusion of sex workers
A high-level task force among other things will now study how banking facilities can reach this section of society and linkages forged to connect them to advantages of financial inclusion.
- Categories
- Finance
- Region
- South Asia
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Jim Yong Kim resigns as World Bank president
Jim Yong Kim has announced he is stepping down as the head of the World Bank, in a move that sent shockwaves through the international aid community.
- Categories
- Finance
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Why The Future of Fintech Looks Bright in the ASEAN Region
A recent report by global accounting firm Deloitte, in partnership with Robocash Group, states that ASEAN countries have the highest potential in the fintech market up to 2020. The advanced landscape facilitates both the development of financial technologies and the inflow of investments is expected to increase by over 20-30 per cent compared to the previous year.
- Categories
- Finance
- Region
- South Asia
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Task force on digital financing of UN SDGs launched
“We have already seen how technology has helped expand financial inclusion — itself an important goal — by 1.2 billion people in just six years,” said Guterres.
- Categories
- Finance
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As Money Moves Offshore, New Questions About How Foundations Invest Their Assets
Throughout philanthropy’s history, it’s drawn intermittent waves of intense criticism, and it certainly feels like we’re heading into one now. Outrage over wealth accumulation, an unbridled tech industry, money in politics and more is inspiring healthy scrutiny from many directions (including us).
- Tags
- philanthropy, research
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Perspective: Safaricom ‘stifles’ other telco players, no level playing field
Heated debate over a controversial telecoms report commissioned by the Communications Authority on market dominance was one of the key highlights of Kenya's telco industry this year. The detailed study, carried out by London firm Analysys Mason had some policy recommending that market leader Safaricom share its infrastructure with rivals.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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UK Teams With IFC To Mobilize $2 Billion In Green Construction Financing
“Green buildings represent a powerful opportunity to address climate change in emerging markets,” said Hans Peter Lankes, IFC’s Vice President for Economics and Private Sector Development. “Investments in green buildings certified with EDGE and other standards could represent a $3.4 trillion opportunity over the next decade. Blended finance is a valuable tool to help create new markets for green construction by mobilizing private capital through financial intermediaries.”
- Categories
- Environment, Finance