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Learning from (and About) India’s Emerging Digital Money Grid
The Indian government's experience in converting all its citizens onto a digital platform can help inform all digital finance professionals interested in financial inclusion models, according to Ignacio Mas and his team at the Digital Frontiers Institute. So they've collaborated with MicroSave to create a four-week online course, Digital Money Grid India, which they'll offer starting March 27.
- Categories
- Education
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Press Release: MicroSave – MasterCard Foundation advance digital finance services in Francophone Africa
MicroSave (www.MicroSave.net), in partnership with The MasterCard Foundation (MasterCardFdn.org), today, 2 February 2017, launched a new program to develop tailored training courses in digital financial services (DFS) in francophone markets of Africa. The program is expected to benefit over 250 DFS providers and will focus on the WAEMU region, the Democratic Republic of the Congo, and Madagascar. Additionally, a DFS knowledge portal in French will be launched as the go-to place for information on digital financial services.
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- Technology
- Region
- Sub-Saharan Africa
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FICCI Report Explores Promises and Challenges of FinTech in India
The Federation of Indian Chambers of Commerce and Industry (FICCI) published a new report in January called “Leveraging the FinTech Opportunities in India” to highlight a number of topics, including digital payments, digital banking, blockchain, and online lending, to name a few.
- Categories
- Technology
- Region
- South Asia
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Nigeria: Apathy Grows As 86.6 Million Nigerians Are Without Insurance
Long before Nigeria was finally plunged into recession last year, it has been pretty challenging to get Nigerians to appreciate the benefits inherent in insurance products, with the sector contributing a meager 0.6 per cent to the nation's Gross Domestic Product (GDP).
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Report: Accelerating Financial Inclusion in South-East Asia
Promoting the use of formal financial services continues to be a challenge, and the depth of engagement varies with different financial products: Only 18% of adults use a bank account to receive wages or pay utility bills, and only 11% borrow from formal sources.
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- Technology
- Region
- South Asia
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Wall Street Journal Launches the Financial Inclusion Challenge 2017
For the third year, The Wall Street Journal invites nonprofit and for-profit enterprises to enter “The Financial Inclusion Challenge” competition and to showcase their solutions to the problems of financial access for the poor in the Asia-Pacific region.
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- Uncategorized
- Region
- South Asia
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Financial services firm IFMR Holdings expanding to target bottom 600 million people in India
Financial inclusion services provider IFMR Holdings, which will complete a decade this year, will embark on a major expansion drive.
- Categories
- Uncategorized
- Region
- South Asia
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Social Business Roundup: Debating UBI in India, Pondering Change at WHO, Questioning SRI
In this week's social business roundup, our editors note the growing debate over replacing welfare programs with a universal basic income (UBI) in India, the limitations of WHO's donor-funded model, and an ironic side-effect of SRI's avoidance of "sin stocks" – among other developments making recent headlines.
- Categories
- Energy, Health Care, Investing