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Nigeria Softens Rules Shielding Banks From Wireless Rivals
The central bank may have realized it can’t rely on lenders alone to achieve its objective of extending services to the 50 million adults still without a bank account in the nation of about 200 million people.
- Categories
- Finance, Telecommunications
- Region
- Sub-Saharan Africa
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In China, cash is no longer king
A cashless society has many advantages, including lower transaction costs. But it also creates a divide between those who can make cashless payments and those who cannot.
- Categories
- Finance
- Region
- Asia Pacific
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Why fintech in India needs to start counting for the unimaginable 2020
2020 will also be the year of action for SME and MSME banking. Despite playing a pivotal role in the country’s economic growth, the SME market remains relatively underserved with banks.
- Categories
- Finance
- Region
- South Asia
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Indonesia tightens screws on peer-to-peer lenders
Registered P2P companies are blaming the problem on illegal players, which OJK officials said are hard to control and often come from abroad, including China, Thailand and Malaysia.
- Categories
- Finance
- Region
- Asia Pacific
- Tags
- fintech, mobile finance
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The big tech and innovation trends in Africa for 2018
Fintech companies across the continent providing key services in loans, savings and payment, have been increasingly rewarded with investment and significant nods.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- e-commerce, fintech, startups
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Why The Future of Fintech Looks Bright in the ASEAN Region
A recent report by global accounting firm Deloitte, in partnership with Robocash Group, states that ASEAN countries have the highest potential in the fintech market up to 2020. The advanced landscape facilitates both the development of financial technologies and the inflow of investments is expected to increase by over 20-30 per cent compared to the previous year.
- Categories
- Finance
- Region
- South Asia
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Task force on digital financing of UN SDGs launched
“We have already seen how technology has helped expand financial inclusion — itself an important goal — by 1.2 billion people in just six years,” said Guterres.
- Categories
- Finance
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As Impact Investors We Often Miss One Thing: Who Has the Power?
Impact investors are rightly focused on the social impact of the businesses they invest in. But they often overlook a fundamental question: How does the enterprise localize power? Galen Welsch, co-founder of Jibu, explores why the need to empower local markets should be at the core of social business and investing decisions.