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Twitter Top Ten – 2/15/15
We’ve got plenty of tweets in this "Valentine’s Day Weekend" edition of our Twitter Top Ten. And we’ve even thrown in a holiday-themed tweet just for the occasion - a great example of behavioral science humor (yes, there is such a thing). Beyond that, we’ve got tweets covering everything from the ongoing debate over microcredit to the (hopeful) winding down of an epidemic in this week’s list.
- Categories
- Health Care
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Investing in Airtime: How an unlikely financial innovation is promoting economic security for girls in South Africa
Only 37 percent of women In the developing world have bank accounts, yet research has shown that poor women are inherent savers. Stellar has created an open source payments platform that’s being used to provide a mobile wallet in South Africa focused on promoting savings among girls. The wallet has a unique feature: along with cash deposits, it lets users deposit mobile airtime, and withdraw it later as cash.
- Categories
- Technology
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Viewpoint: Smaller Banks Better Suited for India’s Financial Inclusion Drive; Modi Should Have Waited
There are too many takers for licences for small-sized banks. A total of 113 companies knocked the doors of Reserve Bank of India (RBI) with applications when the deadline expired at the close of business hours on 3 February. The list (see here) includes both the biggies and tiny names.
- Categories
- Uncategorized
- Region
- South Asia
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For MFIs in India, Transition to Small Banks Could Be Arduous
The Reserve Bank of India’s decision to create small finance banks could be a game-changer for microfinance institutions (MFIs) in the country.
- Categories
- Uncategorized
- Region
- South Asia
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Sub-Saharan Africa’s Mobile Money Market Could Grow to $1.5 Billion by 2019
Sub-Saharan Africa is adopting mobile financial services at a pace seen in few other places, presenting banks and mobile-network operators (MNOs) with a set of strategic choices that will go a long way toward determining their success in the region.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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New Financial Inclusion Innovation in Colombia: Government approves electronic deposits through non-bank entities
Colombia has included financial inclusion as a priority in its national agenda since a very early stage. Last fall, the Colombian Congress took the latest step, passing a law creating a new type of financial institution called Specialized Electronic Deposit and Payment Institutions. The Alliance for Financial Inclusion spoke with a Colombian regulator about the new law.
- Categories
- Finance, Impact Assessment
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World Bank Boosts Financial Inclusion in Cameroon
The International Finance Corporation (IFC), a member of the World Bank Group, has recently announced an advisory services agreement with Mircrofinance Institute Advans Cameroun geared at expediting the rate of financial inclusion in Cameroon by expanding the range and reach of services available to underserved urban and rural populations.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Press Release: Center for Financial Inclusion at Accion and HelpAge Int’l Report – Aging and Financial Inclusion: An Opportunity
Today, the Center for Financial Inclusion at Accion (CFI) and HelpAge International released Aging and Financial Inclusion: An Opportunity, a report that examines the unmet financial needs of the rapidly growing global aging population, particularly in the developing world. The purpose of this report is to highlight the barriers and opportunities related to financial services in older age and throughout the aging process, a relatively neglected area of study.
- Categories
- Uncategorized
- Region
- Latin America