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Ant Financial taps blockchain technology to offer cheaper international money transfers
Ant Financial Services has taken a step towards dramatically lowering the cost of sending money overseas, in a move that will help the hundreds of thousands of Filipinos working in Hong Kong.
- Categories
- Finance
- Region
- Asia Pacific
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Press release: VisionFund Cambodia Sold To Woori Bank of Korea
In line with VisionFund International’s strategy, it will redeploy the funds to other microfinance institutions across its network that are at earlier stages of development, in markets less wellserved by microfinance providers and where VisionFund, as an early entrant offering microfinance services can impact more vulnerable families, living in rural communities with limited ability to access financial services.
- Region
- Asia Pacific
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Zimbabwe Launches Region’s First Women’s Bank
The bank is the first of its kind in the Sadc region and it will offer loans to women, youths and other small scale businesses.
- Region
- Sub-Saharan Africa
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Press release: New Report: Banks Increasingly Embrace Data to Reach Underserved Customers
The Center for Financial Inclusion at Accion (CFI) and the Institute of International Finance (IIF), with the support of MetLife Foundation, released a report that examines how new types of data and new data tools present an unprecedented opportunity for financial service providers to understand and serve clients—particularly credit-seeking, "thin-file" clients who are otherwise excluded from the formal financial sector.
- Tags
- data, financial inclusion
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Report: India’s Digital Leap to Have Substantial Social Impact – But Data Privacy is a Key Risk
According to the global financial services major, India's digital leap will have substantial social impact across four key areas.
- Categories
- Finance, Technology
- Region
- South Asia
- Tags
- agtech, data, financial inclusion
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Tanzania: New Data Initiative to Boost Tanzania Financial Inclusion
Under the partnership known as 'DataDisrupt' project, financial services providers will be provided with the opportunity to use evidence generated from internal and external data sources to innovate and deliver affordable financial products and services that respond to the needs of their customers.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Financial inclusion makes big inroads into Myanmar
Myanmar has seen a significant increase in the numbers of adults with access to at least one formal financial services product, according to research presented on June 19 as part of the nationwide Making Access Possible (MAP) financial inclusion study.
- Region
- Asia Pacific
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The world’s first mobile-only government bond in Kenya is popular, but missed its target
Given mobile money is so ubiquitous in Kenya with over 27 million users—many of whom were unbanked—M-Akiba promised the government access to a new capital base.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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