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Shift to ‘innovative’ financing to achieve 2030 SDGs pushed
If countries in Asia and the Pacific, like the Philippines, will achieve the Sustainable Development Goals (SDGs) by 2030, their governments must turn to innovative financing models. In a report, the United Nations Economic and Social Commission for Asia and the Pacific (Unescap) and Korea’s Science and Technology Policy Institute (Stepi) said meeting the SDGs worldwide could amount to $2.5 trillion.
- Categories
- Impact Assessment, Investing
- Region
- Asia Pacific
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Blockchain for Inclusion? Gates Foundation Strikes Tepid Tone at Money2020
Bitcoin and other blockchain applications may help expand access to financial services for the world's poor, but the technology is not the cure-all that some of the early rhetoric in the space made it out to be.
That’s the takeaway from a panel discussion Sunday at Money2020 in Las Vegas featuring representatives of the Bill & Melinda Gates Foundation and Omidyar Network, two of the most prominent philanthropic organizations focused on promoting financial inclusion.- Categories
- Finance
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Ghana Police Reveal Telco Workers Complicit In Mobile Money Fraud
The Director in charge of the Cyber Crime Unit of the Ghana Police Service, Chief Superintendent Dr. Herbert Gustave Yankson, told The Finder that, as a result of fake identifies, the unit is able to investigate and prosecute only 10% of cases reported, due primarily to the use of fake identities to register SIM cards.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- digital identity, fintech
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How Blockchain Is Transforming The Energy Industry
Today, a new technology, blockchain, is shaping the commodity market, making it more efficient with reduced transaction costs.
- Tags
- blockchain, digital finance, fintech
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Lenddo and EFL join forces
Financial SaaS company Lenddo and Entrepreneurial Finance Lab have merged in an effort to provide a menu of credit scoring and identity verification products to 20-plus emerging markets.
- Categories
- Finance
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Amid Brazil’s persistent economic crisis, fintech startup GuiaBolso raises $39 million
That GuiaBolso has emerged as a bright spot in the otherwise grim horizon of Brazil’s economic outlook speaks to a broader divergence between the country’s digital economy, which continues to grow, and its offline industries, which have been stumbling since 2015.
- Categories
- Finance
- Region
- Latin America
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Press release: FINCA Accelerating Financial Inclusion Through FinTech Innovation In Tanzania
Hundreds of thousands of low-income people have gained access to financial products including credit, savings and money transfers through leveraging of technology to bring financial services closer to the unbanked.
Despite these significant developments, full financial sector integration continues to elude Tanzania, and the argument is that to promote and sustain financial inclusion growth there must be mobilization of savings to allocate them to households, businesses, and government for productive investments.- Categories
- Finance
- Region
- Sub-Saharan Africa
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Safaricom launches innovation center to move beyond M-Pesa
Named Safaricom Alpha, a priority of the incubator is to identify spending patterns on mPesa and turn those insights into additional Safaricom products — according to Chief Innovation Officer, Kamal Bhattacharya.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- fintech, incubators