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Ecobank, MasterCard Seal Deal on Financial Inclusion
MasterCard Worldwide Wednesday sealed a landmark deal with Ecobank Transnational Incorporated (ETI), which will see 60 per cent of Africa’s population have access to financial services.
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Cash Or Credit? How Kids Pay For School Lunch Matters For Health
American kids have a problem with obesity, according to the most recent studies. In fact, the closest thing we have to good news about childhood obesity is that kids are not gaining weight as rapidly as they were some years ago. Researchers may have identified one surprising new factor in why kids are overeating.
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- Health Care
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Wall Street Sees Bitcoin’s Legacy as Payment System: Currencies
While a Texas Senate candidate is accepting Bitcoin campaign donations, and Overstock.com customers can use the technology to buy engagement rings, Wall Street sees its future more as a payment system than a currency.
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Let Me Keep My Cash: The challenge of digitizing wages in Bangladesh’s garment sector
In the search for ways to jump-start the use of electronic money, some proponents are focusing on the digitization of wage and salary payments. But InterMedia’s latest research in Bangladesh suggests that convincing workers to embrace cashless payments may not be a slam-dunk.
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OPINION: ‘Digital Money Will Save the World’s Poor’ and Other Delusions
Last November several people spoke at a Senate hearing to defend bitcoin. I already got a little cranky about them, but looking back over their testimony, there’s another small thing that they all believe that is unsupported by real-world experience: Bitcoin will help people who don’t currently use a bank.
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Mobile transactions in Kenya hit USD $19.6 billion in 2013
Kenyans transacted KSh1.7 trillion (US$19.6 billion) through their mobile phones in the first 11 months of 2013, underscoring the increasing significance of handsets in the financial services sector.
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Growth Of Payroll Cards Brings Financial Inclusion For Unbanked Americans
According to a recent Federal Deposit Insurance Corporation (FDIC) survey, more than 68 million Americans live day to day in a cash-only economy. They pay their bills and buy groceries with cash and what money they save is stuffed under the proverbial mattress.
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Beyond M-Pesa, Kenya’s market slow to scale mobile solutions
Kenya has emerged as the tech superstar of Africa, spurred by its mobile adoption, entrepreneurial spirit and forward-thinking regulations.
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