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Seven Emerging FinTech Players In Top Latin American Markets
Only about half of all adults in Latin America and the Caribbean had a bank account, and only 14% had formal savings - and a host of companies recognize the opportunity.
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- Uncategorized
- Region
- Latin America
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PRESS RELEASE: Firstmonie partners with MMIT to facilitate online purchases in Nigeria
Firstmonie, the mobile money platform of First Bank of Nigeria Limited, has partnered with Mobile Media Info Tech Global Limited to commence a new mobile wallet capability that allows consumers to purchase services on international merchant websites. This initiative is the first of its kind in the African mobile money and payment landscape.
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- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- mobile finance
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10 Challenges That Could Make or Break India’s Payments Banks: Their revolutionary potential is no guarantee
Last week, the Reserve Bank of India announced that it will issue 11 Payments Bank (PB) licenses, permitting a variety of institutions to provide a limited slate of financial services to underserved populations. The RBI hopes PBs will “revolutionize banking” in India, but their impact is not guaranteed. Here are 10 challenges PBs will face – and how they can live up to the government’s ambitious goals.
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- Uncategorized
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PRESS RELEASE: MoneyGram Expands Mobile Money Choices in Africa
New agreement enables customers to receive money directly to M-Pesa accounts in Tanzania.
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- Uncategorized
- Region
- Sub-Saharan Africa
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OPINION: Safaricom plays hardball in Equitel-M-Pesa Battle
In one single move, Safaricom has potentially pulled the rug from under Equity Bank's poorly hidden plan to eat their lunch, dinner and breakfast.
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- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- mobile finance
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July’s Most Popular Posts on NextBillion: From the value of female mobile money agents to the power of Latin America’s BoP
From the benefits of training women as mobile money agents to the remarkable size and vibrancy of Latin America's BoP, the month of July brought some compelling content to NextBillion. We highlight the three most-read and most-shared posts of the month.
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- Agriculture, Energy
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Consumers lose out as Safaricom and Equity tariff wars intensify
A fresh storm is brewing between Kenya’s financial services giants, Safaricom and Equity Bank, over the rates being levied to consumers making transactions across the two service providers.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Will West Africa be the New East Africa in Mobile Money?: Shifting regulations and a growing ecosystem make the region an area to watch
Though the member countries in the West African Economic and Monetary Union share one currency and one central bank, their mobile money ecosystems differ greatly. However, interoperability will likely be integrated across most of these countries in the not too distant future. Could its new regulatory regimes and developing ecosystems help the region take its place alongside the mobile money sprinters of East Africa?
- Categories
- Technology
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