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Nigerian banks, MNOs urged to improve investment in mobile money
Banks and other mobile money operators have been advised to significantly increase their investment in mobile money technology so as to encourage more users of that means of money transfer.
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- Uncategorized
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MasterCard encourages debit, pre-paid cards to advance financial inclusion in India
With a high growth potential, debit and pre-paid cards can be used to accelerate financial inclusion and reaching out to rural India, a senior MasterCard Worldwide official said here today.
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Africa leads in mobile banking
Mobile banking activity is highest in Africa, led by Nigeria, South Africa and Kenya - which has the reputation for being the world's mobile money pace-setter with M-Pesa.
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Opinion: Statistical illusions do not make a reality for financial inclusion in India
For financial inclusion to be meaningful, it is necessary that people not only have a bank account but also have access to timely and adequate credit at an affordable cost
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- Uncategorized
- Region
- South Asia
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Efforts to Advance Financial Inclusion of Children and Youth Get Boost
MasterCard and Child & Youth Finance International (CYFI) announced a global strategic partnership aimed at advancing financial capabilities of children and youth, according to MasterCard
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Financial Sector Can Help Bolster Africa’s Economy, Panelists Say
One of the stated aims of this year’s World Economic Forum is inclusion. A panel discussion on Africa’s future, one that included two sitting presidents from that continent, did its best to emphasize that theme.
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- Impact Assessment
- Region
- Sub-Saharan Africa
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“It is high time for mobile network operators to transform”: The CEO of Eko, on bridging the bank/telco divide
There is no love lost between banks and telcos in many countries. But Eko has found a way to leverage the strengths of both to bring needed banking services to underserved customers. In Part 5 of our Mobile Money Movers series, Eko CEO Abhishek Sinha discusses his company’s unique branchless banking model, and the need for telcos to evolve - perhaps by emulating Facebook.
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The Implications of Scarcity for Microfinance: Grameen Foundation’s Alex Counts, on how understanding scarcity’s impact can improve microfinance practices
Behavioral economics could transform international development, says Grameen Foundation CEO Alex Counts. In some cases, it may reaffirm current practice. In others, it could suggest that these “best practices” are counter-productive. In this thought-provoking post, Counts explores the implications of scarcity for microfinance, when looked at through a behavioral economics lens.
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- Education
