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MFS transaction limits taking toll on SMEs, e-commerce in Bangladesh
An account holder can now make deposits and withdraw amounts twice in a day. Previously, the limit for cash-in was five and for cash-out it was five. On January 11 this year, Bangladesh Bank issued an order to all mobile financial service providers to comply with the revised mobile banking transaction ceiling, citing abuse of the facility by a section of people.
- Categories
- Technology
- Region
- North Africa & Near East
- Tags
- digital finance
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JazzCash partners with Women’s World Banking to serve low-income women in Pakistan
JazzCash, Pakistan’s digital financial service provider, and Women’s World Banking, a global non-profit organization, have announced a partnership to promote women’s financial inclusion across Pakistan.
- Categories
- Uncategorized
- Region
- North Africa & Near East
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India’s largest mobile wallet goes global, launches app in Canada
India's largest mobile wallet, Paytm, has launched in Canada. Users can now pay their cell phone, cable, internet, water and electricity bills as well as their insurance and property taxes via the Paytm Canada app.
- Categories
- Technology
- Region
- North America
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The Girl Effect: Accelerator Connects Girls in Poverty with Silicon Valley Innovators
What if girls destined for poverty in developing countries were connected with some of the best minds in Silicon Valley? They can be, thanks to the Girl Effect Accelerator, an initiative of the Nike Foundation and the Unreasonable Group. The program helped Annetty Chama go from having no job – and no hope of getting one – to becoming her family's primary bread-winner in Zambia.
- Categories
- Education
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The Distributed Economy: Four Ways Blockchain Can Transform MSMEs in Emerging Markets
Micro, small and medium enterprises are the largest employers in many developing countries, but their growth is limited by a lack of access to savings, insurance, credit equity and payments services. Traditional companies aren't stepping up to solve the problem, but blockchain can help. Here are four ways this new type of data application can further MSME growth.
- Categories
- Technology
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Social Business Roundup: A Defiant Asset Manager, Salty Doorknobs and Who Has it Worse?
This week in social business, the world's third-largest asset manager is pressuring companies to add more women to their boards; a Nobel Prize winner's ponderings on inequality within nations might make you rethink life in America; and salt earns a chance to be a hero – for a change.
- Categories
- Energy, Environment, Health Care, Investing
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Don’t Call It A Robo: Motif Launches Custom Automated Impact Investing
Advisors late to the impact investing game may have missed their chance -- there’s now a digital platform for that. Silicon Valley-based Motif Investing is introducing Motif Impact, a values-oriented digital investing solution.
- Categories
- Impact Assessment, Investing
- Region
- North America
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RegTech for Regulators: Reimagining Financial Supervision and Policymaking
The authors – representing BFA, USAID, the Gates Foundation and Omidyar Network – say tomorrow's financial customers and service providers will be able to leverage technology to engage in a real-time, two-way conversation to quickly obtain information and resolve problems, benefitting consumers, regulators and financial institutions alike.
- Categories
- Finance, Technology
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