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Viewpoint: Why Is Financial Inclusion So High on the Development Agenda?
In the sustainable development priorities for the next 15 years adopted by heads of states in New York this week, the United Nations has highlighted financial inclusion as an important enabler for poorer households in the informal economies of the global south to increase resilience and better capture opportunities.
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Rating Progress Toward Financial Inclusion on a Scale of 1 to 10: New FI2020 report shows both progress and challenges on the road to global financial inclusion
When the Center for Financial Inclusion began the FI2020 project in 2011, it hoped to create a sense of both urgency and possibility about enabling global access to quality financial services. Today it launched the Financial Inclusion 2020 Progress Report, an interactive website that shows how far the world has come - and how far it has to go - on the path to global financial inclusion.
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- Education
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100 Small Steps: Will India’s Bank Licenses Bring Reform?
The Reserve Bank of India (RBI) has been steadily reforming India’s financial sector, in addition to achieving notable monetary policy successes. A few weeks back, the RBI granted licenses to 11 payments banks and followed that with licenses to 10 smallfinance banks.
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- South Asia
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Tata Communications and MasterCard Join Forces to Empower 100 Million Women
At the Clinton Global Initiative (CGI) Annual Meeting closing plenary, Tata Communicationsand MasterCard announced a CGI Commitment to Action to financially empower 25,000 women in the developing world, part of a larger vision to ultimately reach 100 million women. The global telecommunications leader and the leader in global payments technology join forces with a unique network of partners including Brightstar Corp, Kiva, Tone, Trickle Up and the Hidary Foundation to bring their shared vision to life over the next five years through access to transformative mobile platforms comprising a range of financial, health and education applications and services.
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Six Lessons From Mobile Money Ventures In Developing Countries
Designing a profitable solution for an unmet market need should be business strategy 101 for most entrepreneurs, so why have so many mobile money service offerings failed?
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PRESS RELEASE: New Research Explores the Value of Data to Women’s Financial Inclusion
A report from GBA, IDB and Data2X argues that banking data is key to unlocking full financial participation for women.
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- Education
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Why Is Financial Inclusion so High on the Development Agenda?
There are several clear reasons why the development community views financial inclusion as an important ingredient for economic and social progress.
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- Impact Assessment
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Kenya Announces First-Ever Government Bond to be Offered Exclusively via Mobile Phone
The Treasury has announced the first-ever Government Bond that will be offered exclusively via mobile phone, pointing to the growing relevance of mobile money solutions in the evolving payments space.
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- Region
- Sub-Saharan Africa