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Equity Bank, Safaricom in a New Financial Inclusion Union
“At Safaricom, we are continuously driven to explore new ways to provide our customers with the best possible experience on our network. As we continue on our journey to become a more widely accessible digital platform, symbiotic partnerships like this one will unlock new opportunities for our entire ecosystem to benefit from enriched innovation – all based on a socially conscious business model,” said Bob Collymore, CEO, Safaricom.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Visa, PalmPay To Drive Financial Inclusion In Nigeria, Others
Visa, the global payments technology company and PalmPay, a new player in Africa’s Fintech industry, have announced a partnership to advance financial inclusion across Africa through access to digital payment services.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Kiva’s Co-Founder Is Joining This Leo DiCaprio-Backed Bank
A wave of tech-centric “neo-banks” have popped up in recent years, usually promising a smoother customer experience marked by lower fees and branch-less, online-oriented services. And some have sought to go even further—differentiating themselves from the competition via a focus on on socially and environmentally conscious values, investments and product offerings.
- Region
- North America
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Viewpoint: We Need to Talk About Credit
In the past five years, we have seen a lot of change in how credit markets are developing, not least because of the rapid growth in digital credit associated with mobile financial services. But how much do we actually know about digital credit? And how does it relate to other types of credit in the markets we care about? How is this new availability of credit contributing to the ability of low-income people to seize opportunities and manage risks?
- Categories
- Finance
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BRAC Microfinance Transforms Into Tier 2 Bank
“We have refurbished 32 of our 163 branches and outlets in 84 districts of Uganda. Upgraded all our software and hardware to meet the required Bank of Uganda standards for Tier 2 institutions,” said Adiga during the Bank’s official launch at Kampala Serena Hotel.
- Categories
- Finance
- Region
- South Asia
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Viewpoint: Remittances, The Flywheel Of The Global Economy
In a world roiled by populist sentiments and anti-immigrant tendencies, the world’s well-trodden migration corridors, which follow remittance corridors one to one, are under strain.
- Categories
- Finance
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Speculating on the Future of Financial Inclusion: Predictions, Solutions (and Warnings) for the Next 20 Years
We live in extraordinary times: In the next 20 years, futuristic technologies like drones, driverless cars, virtual reality and robotics will transform communities and entire industries. Meanwhile, says MSC founder Graham Wright, breakthroughs in areas like artificial intelligence, big data and mobile connectivity will have a similar impact on financial inclusion. Wright makes some bold predictions, and highlights the trends and technologies that are likely to play important roles in the sector’s development.
- Categories
- Finance, Technology
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T-Mobile Tries to Disrupt Banking
There are a lot of reasons people don't have a bank account. Some are wary of banks in general and others worry about making small mistakes that lead to overdraft charges. That's a problem T-Mobile is addressing with its new service.
- Categories
- Finance, Telecommunications
- Region
- North America
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