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Viewpoint: India’s Financial Inclusion Schemes Are Fine, but Why Is the Government Not Addressing Banks’ Quality, Cost Concerns?
Prime Minister Narendra Modi and his team at the NDA government deserve their due share of credit for initiating efforts to bring a large segment of India’s population to insurance, pension cover at cheaper cost, even as the Congress is crying foul of repacking old UPA ideas.
- Categories
- Uncategorized
- Region
- South Asia
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Relief Through Finance: How microfinance builds resilience to disasters and crises
After a natural disaster or other crisis, like Nepal’s recent earthquake, the relief and aid community inevitably plays a major role. But according to Sam Mendelson, there is also a vital role for microfinance, which can help restore livelihoods and provide resilience to vulnerable populations thanks to existing relationships with clients that foreign NGOs lack.
- Categories
- Impact Assessment
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In Africa, Mobile Money Is on the Move
Moving money across African borders with the click of a cellphone button just keeps getting easier. The mobile money revolution – essentially the use of cellphones to access financial services – is already transforming the face of financial inclusion on the continent.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Visa Pushes for Financial Inclusion in Philippines
There is an opportunity for financial inclusion in the Philippines, and VISA is banking on such potential.
- Categories
- Uncategorized
- Region
- Asia Pacific
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Tanzania: Mobile Banking Deepens Financial Inclusion
One of the drivers of the country's gross domestic product (GDP) by 7.0 per cent last year was financial intermediation, speeded up by inclusive financing.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Could Stellar Be the Answer to Enable Financial Inclusion Around the Globe?
When the internet first came round in the mid-nineties, people didn’t expect to see impactful tools like open-source libraries like Wikipedia or renting sites like AirBnb or car-sharing ones such as Uber and Lyft. As an open tool, the internet has laid the foundation for these products to be born, reaching audiences far and wide with powerful applications that impact most of our daily lives, whether we like it or not. But a lot of important industries have been left behind in the process. This, however, might be starting to change.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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10 Key Takeaways from the 2014 Global Findex Survey: Highlights from the World Bank’s treasure trove of financial inclusion data
How many adults in the world have a bank account? How do people save, borrow, and manage financial risk? How is mobile money shaking up the financial inclusion world? The World Bank’s newly released Global Findex attempts to answer those questions, drawing from a database of 800 indicators, based on surveys with almost 150,000 people in 143 economies. CGAP presents 10 takeaways from the report.
- Categories
- Education
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Total of $125,000 USD Awarded to Two Local Companies for Financial Technology Business Solutions
Village Capital and Accion Venture Lab announced the winners of their program, Village Capital-Accion Venture Lab: FinTech Mexico 2015. The program partnered with theMasterCard Center for Inclusive Growth, Pomona Impact, and United IT Consultants, Inc. to support entrepreneurs making financial services more affordable and accessible for Mexicans who lack access to traditional financial services (“underbanked”).
- Categories
- Technology
- Region
- Latin America
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