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What payments banks, Bandhan can do for financial inclusion in India
There have two big developments in financial inclusion in the country in the past few days, whose significance stands out despite the din arising from the recent global stock market crash.
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- Uncategorized
- Region
- South Asia
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PRESS RELEASE: MoneyGram Expands Mobile Money Choices in Africa
New agreement enables customers to receive money directly to M-Pesa accounts in Tanzania.
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- Uncategorized
- Region
- Sub-Saharan Africa
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July’s Most Popular Posts on NextBillion: From the value of female mobile money agents to the power of Latin America’s BoP
From the benefits of training women as mobile money agents to the remarkable size and vibrancy of Latin America's BoP, the month of July brought some compelling content to NextBillion. We highlight the three most-read and most-shared posts of the month.
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- Agriculture, Energy
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India ranks 9th in Brookings financial inclusion scorecard – but 1st in country commitment
India ranked ninth out of 21 countries for its overall financial and digital inclusion efforts, according to the 2015 Brookings Financial and Digital Inclusion Project (FDIP) Report and Scorecard that was launched on Tuesday.
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- Education
- Region
- South Asia
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Consumers lose out as Safaricom and Equity tariff wars intensify
A fresh storm is brewing between Kenya’s financial services giants, Safaricom and Equity Bank, over the rates being levied to consumers making transactions across the two service providers.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Weekly Roundup – 8/21/15 : Private Education, Brought to You By Social Entrepreneurs:
The Economist recently took a long look at the burgeoning private school education industry across emerging markets, and its relative benefits/weaknesses - as well as some government efforts to regulate it out of existence. Given the choice between under-resourced public schools and a generally more reliable and higher quality private education, more parents (even those with very low incomes) are opting for the market approach than ever before.
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- Health Care
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Will West Africa be the New East Africa in Mobile Money?: Shifting regulations and a growing ecosystem make the region an area to watch
Though the member countries in the West African Economic and Monetary Union share one currency and one central bank, their mobile money ecosystems differ greatly. However, interoperability will likely be integrated across most of these countries in the not too distant future. Could its new regulatory regimes and developing ecosystems help the region take its place alongside the mobile money sprinters of East Africa?
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- Technology
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Indian government committed to reviving postal department through payments banking
Communications minister Ravi Shankar Prasad on Thursday said the government will revive the postal department by using over 1.5 lakh post offices for furthering financial inclusion.
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- Uncategorized
- Region
- South Asia