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M-Pesa to offer cash advances to clients
Safaricom users can now pay for goods and services even when they lack enough funds, piling pressure on conventional banks.
- Categories
- Finance, Telecommunications
- Region
- Sub-Saharan Africa
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Why the next big thing in fintech is not mobile payments
The next big thing in fintech isn’t mobile payments – it’s data.
- Categories
- Finance
- Region
- Asia Pacific
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Telenor Microfinance partners with Alipay for Pakistan blockchain remittances
The service is provided by Telenor’s mobile banking service Easypaisa in Pakistan and another subsidiary Valyou in Malaysia. The aim is to make payments real-time, 24/7 and more efficient.
- Categories
- Finance, Telecommunications
- Region
- South Asia
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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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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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Inclusive Innovation: How Two Mobile Technology Startups are Changing the Game in Microfinance
Securing a bank loan is an onerous task for anyone. But for the 2.5 billion unbanked people worldwide, the obstacles can seem insurmountable. And microfinance and village savings groups both have significant limitations, particularly for people without a credit history. June Sugiyama of Vodafone Americas Foundation explains how two winners of the foundation's annual Wireless Innovation Project competition are overcoming these limitations through mobile technology.
- Categories
- Finance, Technology
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As regulators turn sights on fintech, a Nigerian startup is first to secure credit rating
Indeed, payment startups facilitating online transactions in key African economies are increasingly getting validation with global payment giants including Mastercard, Stripe and Visa paying closer attention and investing in Nigerian fintech companies.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- fintech, mobile finance, startups
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