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Mexico central bank says Uber, other firms interested in mobile pay system
When asked if Uber, the San Francisco-based ride-hailing firm, was one of the companies that had expressed interest, Diaz de Leon confirmed it had. But he noted that many prospective users were still trying to get to grips with how they might use CoDi.
- Categories
- Finance, Technology
- Region
- Latin America
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1 Million To Benefit From New Partnership To Boost Financial Inclusion In DRC
Agency banking, where local people are trained to provide banking services, is proving to be a viable approach for increasing financial inclusion in previously underserved areas.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Western Union, Thunes Tie Up to Boost Digital Money Transfer
With this deal, senders can now make the most of Western Union's emerging digital network. Alternatively, they can use an agent location to transfer funds straightaway to a recipient's mobile wallet.
- Categories
- Finance, Technology
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Viewpoint: Chase’s Checkless Account Won’t Make A Dent In The Unbanked Ranks
Economists at the Kansas City Federal Reserve looked into the factors associated with unbankedness. Not surprisingly, low income was a major determinant of not having a bank account. But the authors found that "a variety of other characteristics play a role in determining these households’ banking status."
- Categories
- Finance
- Region
- North America
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New partnership to boost financial inclusion in the Democratic Republic of the Congo
FSD Africa and Equity Bank Congo have entered into a new partnership that targets unbanked people in rural areas in the Democratic Republic of the Congo.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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JPMorgan rolls out low-fee, checkless, no-overdraft accounts
Thasunda Duckett, chief executive of Chase Consumer Banking, said she hoped the new accounts will attract more low-income individuals and people who have never had bank accounts.
- Categories
- Finance
- Region
- North America
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NatSave, Mastercard partner to drive digital transformation and financial inclusion in Zambia
The partnership supports Zambia’s National Financial Inclusion Strategy 2017 to 2022, which aims to increase financial inclusion from 59 per cent to 80 per cent.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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The Winds of Change: Mobilizing Microfinance for Climate Change Resilience
Though the world is slowly taking action on climate change, much of the debate still focuses on mitigation. In fact, adaptation – becoming resilient to the changes to come – is equally important, say Daniel Rozas and Sam Mendelson at e-MFP. They explore how the financial inclusion industry can help vulnerable communities develop resilience to the disruptions of climate change, and to adapt to permanently changed environments. This year’s European Microfinance Award aims to inspire the sector to make this fundamental shift – interested providers can apply for the €100,000 award until April 9, 2019.
- Categories
- Environment, Finance
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