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Clickatell and UBA launch chat banking in Nigeria
Clickatell, an authorised WhatsApp business solution provider, has announced that United Bank for Africa (UBA) will be going live with their chat banking solution – Leo on WhatsApp
- Categories
- Inclusive Fintech
- Region
- Sub-Saharan Africa
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Mastercard partners with Vodacom to introduce first online card in Tanzania
The virtual card will allow M-Pesa mobile wallet holders to make payments on any local or international website or app where Mastercard is accepted for payment, without the need for a bank account or credit card.
- Categories
- Inclusive Fintech
- Region
- Sub-Saharan Africa
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India’s push for financial inclusion gets a fresh impetus
Pradhan Mantri Jan Dhan Yojana will now be an open-ended scheme and have double the overdraft facility along with a higher insurance cover.
- Region
- South Asia
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Former Deutsche and Santander execs set up emerging markets blockchain venture
Banks no longer have to form consortia in order to get things done on the blockchain, according to former Deutsche executive.
- Categories
- Technology
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Foreign banks are pouring into Cambodia’s microfinance sector
When Samic Microfinance sold its entire operation to South Korea-based NongHyup Bank late last month, Samic’s CEO King Kap Kalyan said the decision was due to rising competition within the country’s financial industry.
- Region
- Asia Pacific
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India’s newest financial institution is set to be the country’s biggest bank
The post office already has 34 million savings accounts that will now be able to avail digital banking services once they link their accounts to the IPPB.
- Region
- South Asia
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Moving Past Microfinance: How India’s Small Finance Banks Aim to Take Financial Inclusion to the Next Level
The proliferation of microfinance in India has been a double-edged sword: On the one hand, MFIs have reached customers that most mainstream banks have overlooked. On the other, a lack of clear regulation and oversight has had devastating consequences for some borrowers. But regulators have responded with a new category of financial institution, the “small finance bank.” Andreas Nilsson and Nina Freudenberg of Sonanz explore the evolution of these institutions and whether a wider range of products could also mean deeper social impact.
- Categories
- Uncategorized
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Viewpoint: Impact of digitisation: The new rural reality
Rural India contributes a substantial part of the total net value added in many sectors, with an overall 46% contribution to Indian national income.
- Categories
- Inclusive Fintech, Technology
- Region
- South Asia
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