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d.light partners with microfinance institution Musoni for off-grid solar in Kenya
D.light’s managing director for Africa, Jacob Okoth, said that the partnership made perfect sense for the two companies, as they target the same customer segment. Musoni works to expand financial outreach in rural areas and d.light’s mission is to continue to work towards rural electrification.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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The High Cost of ‘Data Darkness’ in the Developing World
The developing world is data dark, writes Tara Thiagarajan of Madura Microfinance; gathering even the most elementary data is a monumental task, requiring feet on the ground, paid employees and auditing systems. Without it, however, products don’t have good market fit, customers don’t get what they really need and the cost of customer acquisition and delivery is higher.
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- Uncategorized
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The real promise of regulatory technology in financial inclusion
Financial authorities could someday run digitally, but getting there is not going to be easy. In many countries, regulators today often use fax machines, let alone cloud-based software and analytics. And yet, the future of the financial sector depends on modernizing regulatory authorities.
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- Uncategorized
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Six months after demonetization, Kolkata’s first cashless transactors shift back to cash
The winds of change that brought in plastic money and e-payments to traditional shops have blown over. Cash is back.
- Categories
- Technology
- Region
- South Asia
- Tags
- digital payments, fintech
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Kenya: Risks to Safaricom Outstrip Mere Business
This issue is even more pertinent considering that the electoral agency will require a technology partner to provide results transmission services during the upcoming general election.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech
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How SAJIDA Foundation Nearly Doubled Customer Uptake of Savings Accounts
Astha, a term deposit account, allows SAJIDA Foundation members in Bangladesh to save toward a purchase or financial goal. Through the OPTIX project, BFA conducted data analytics and client research with SAJIDA and eventually redesigned the accounts. After rolling out the new features, the foundation saw a 97 percent increase in accounts opened and 59 percent more mobilization of savings.
- Categories
- Finance
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Climbing India’s Technology Stack: As the Fintech Revolution Extends to Health Care, Will Emerging Markets Be Ready?
The use of technology stacks has been a profoundly important breakthrough for social and financial inclusion in India, and it also opens up many opportunities to transform health care for the poorest residents there. But as these tech-based solutions proliferate in other low and middle-income countries, writes David Butz, the health care industry must be prepared for the massive disruptions they're likely to bring.
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- Uncategorized
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Indian Digital Wallet Company Founder Says Its Biggest Competitor is Cash
Co-founder & Director of India’s leading mobile wallet company expects overall digital payments to contribute 35-40 percent of total transactions in the economy by 2018, citing cyber security as one of the most crucial issues for banks and consumers.
- Categories
- Technology
- Region
- South Asia
- Tags
- fintech, mobile finance