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How E-Payment Systems Promote Financial Inclusion in Indonesia
Indonesia – through various studies and surveys – has learned that cashless transactions or e-payment systems have bolstered its financial inclusion last year.
- Categories
- Finance
- Region
- Asia Pacific
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Mobile Money Waits for Legal Corridor to Become Formal Payment Method in Vietnam
Mobile money refers to the use of a mobile account for payment in general. This method is gradually more feasible now that 90 percent of the population in Vietnam own a mobile phone.
- Categories
- Finance
- Region
- Asia Pacific
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CoDi in Mexico: No News is Good News
Fraud rates are among the highest in the world and the lack of political stability creates a unique problem for financial inclusion.
- Categories
- Finance
- Region
- Latin America
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Fusion Microfinance Gets $5.5B USD From Warburg Pincus, Others
The fresh round of capital injection will be used to expand its distribution network across the country, integrate technology solutions across key business lines and strengthen the platform to address untapped growth opportunities within the sector.
- Categories
- Finance
- Region
- South Asia
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‘Are We There Yet?’: How to Deal with Delays – And Other Challenges – In Acquiring Financial Transaction Data
“Are we there yet?” It’s a familiar refrain to any parent who has taken a child on a long journey – and it's also a common dilemma for programs that promote data-driven decision-making in financial inclusion. As Karen Kühlcke at insight2impact explains, requests for financial transaction data from external organizations can involve delays of several months, even as the partner confidently claims that “the data is arriving soon.” She explores how to manage this challenge to gain faster data access.
- Categories
- Finance, Technology
- Tags
- data, financial inclusion
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Pro Mujer Names Marisol Fernandez Global Financial Services Director
Pro Mujer, a leading social enterprise and pioneer in women’s empowerment in Latin America, announced today the appointment of Marisol Fernandez as Global Financial Services Director. Fernandez assumes this role after having served at Pro Mujer as Global Director of Corporate Business Development, where she oversaw the acquisition of a major financial services company in Argentina and two joint ventures in health and gender smart investing.
- Categories
- Finance
- Region
- Latin America
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Women in financial services are tackling an underserved market: themselves
Financial services for women have historically been abysmal. Management consulting firm Oliver Wyman has called women its “single largest underserved group of customers.” According to a recent report financial services firms—those in banking, insurance, and wealth/asset management—are leaving $700 billion in revenue on the table by using assumptions that are built around men’s careers and not offering solutions that address the realities of women’s lives. Women invest less than men and have lower retirement savings, even though they live longer on average. They also have less access to capital, fewer financial rights, and end up poorer as a result.
- Categories
- Finance
- Region
- South Asia
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BRAC Founder Sir Fazle Hasan Abed Passes Away
"We will honour his legacy with the same resilience, dignity and humility that he has instilled in us."
- Categories
- Finance
- Region
- South Asia
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