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Analysis: How the Cloud Is Helping Drive Financial Inclusion in India
By using a secure cloud infrastructure, digital banking providers can look to reduce infrastructure complexity and improve their security posture. In the process, they will be able to free up in-house IT teams to use their talent for higher-value tasks.
- Categories
- Finance, Technology
- Region
- Asia Pacific
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Mastercard and Paycode Partner To Improve Access to Financial Services in Rural Areas
Mastercard’s Community Pass platform will feature in Paycode’s Electronic Data and Payments Technology platform (EDAPT) that provides secure biometric identity including a digital bank account.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Growing Use of Cryptocurrency in Afghanistan Poses Security Concerns
If the Taliban were to adopt cryptocurrency as part of a national economic policy, it could aid efforts to circumvent sanctions. But these digital payments also poses concerns for Western security officials.
- Categories
- Technology
- Region
- North Africa & Near East
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Press Release: The ABC Fund Supports Bolivian Microfinance Institution CIDRE IFD With Multi-Million-Dollar Investment
The Agri-Business Capital Fund (‘ABC Fund’) has announced that it is investing USD 4.7 million in Centro de Investigación y Desarrollo Regional (‘CIDRE IFD’), a microfinance institution providing financial support to smallholder farmers in Bolivia.
- Categories
- Agriculture, Finance, Investing
- Region
- Latin America
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African Fintech pawaPay Secures $9 Million In a Seed Funding Round
According to reports the funding will be used to help scale the fintech’s operational presence, grow the existing team and expand in new markets across Africa.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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An Innovative Approach to Income Volatility: How One Company Is Bringing Income Pooling (Back) to the United States
Low-income communities in emerging markets around the world use income pooling groups to recover from financial shocks or save for much-needed expenditures. As Sarmed Rashid at Pando explains, the practice allows group members to manage their income volatility – a challenge also faced by many professionals in the United States. He explores how Pando is seeking to serve these individuals by creating, organizing and managing income pools for Americans working in entrepreneurship and sports, while aiming to expand its focus to include poverty alleviation and economic development.
- Categories
- Finance
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Visa To Enable Deeper Financial Inclusion With Offline Payments in India
The technology will allow users to make transactions using chip-based Visa debit, credit, and prepaid cards even in places with low or no internet connectivity.
- Categories
- Finance, Technology
- Region
- Asia Pacific
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pawaPay Raises $9 Million Seed Backed by MSA Capital, 88mph and Mr Eazi’s Zagadat Capital
PawaPay is tackling technical complexities in creating a unified infrastructure for businesses that need digital payments.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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