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A Country May Issue a Digital Currency in 5 Years
A new report says national digital currencies could mean greater financial inclusion, less financial crime and more efficient cross-border transmissions.
- Categories
- Finance
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Barclays Launches Impact Banking Unit as Investors Demand More Than Market-Beating Returns
Banks from UBS to Citigroup have been boosting their so-called impact funds, in response to customer demand for investments that seek profit and social good.
- Categories
- Investing
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Bank of America Is Reportedly Piloting Ripple’s Distributed Ledger Technology
When questioned about this recently, a Ripple representative stated that the bank would not confirm or deny whether it was a client, however, it said the companies had participated in a pilot together.
- Categories
- Finance
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The Risks From India’s Rotten Banks
Roughly a third of the financial system is on crutches or under suspicion. Dazed by the scale of the task, the government and the Reserve Bank of India are dithering. Until they act, India’s economy will not perk up—and there is a danger of a full-blown crisis.
- Categories
- Finance
- Region
- South Asia
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Report: Most Indian Banks Fail on Policies of Climate Change, Human Rights
Most Indian banks fail on policies of environment and human rights and this inaction leaves the Indian banking sector vulnerable to investment risks arising due to climate emergencies, according to the first edition of Fair Finance Guide India scorecard.
- Categories
- Finance
- Region
- South Asia
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Press Release: Bank of the West Invests $2 Million into Expanded Partnership with Grameen America
Once open, Grameen America's goal is to serve 500 women in its first year, disbursing $727,000 in microloans to low-income female entrepreneurs in Fresno. By year five, Grameen America aims to serve 7,000 women and cumulatively disburse $21 million in loans.
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- Finance
- Region
- North America
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The $100 Trillion Opportunity: The Race To Provide Banking To The World’s Poor
Companies like Tala are at the forefront of the race to deliver rudimentary financial services to the 1.7 billion people on the planet who lack even a bank account. Providing them with the basics of credit, savings and insurance is one of the great challenges and opportunities of the century.
- Categories
- Finance
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China’s Proposed Digital Currency Will Help Banks Bridge Gap on Mobile Payment, Curb Dominance of Alipay, Wechat
Banks’ participation in the central bank’s digital currency will help them better compete with third party payment network operators.
- Categories
- Finance
- Region
- Asia Pacific
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