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MasterCard CEO says financial inclusion is our generation’s big responsibility
MasterCard CEO Ajay Banga discussed financial inclusion at Mobile World Congress.
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- Uncategorized
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PRESS RELEASE: GSMA Report Shows Active Mobile Money Customers Increased by Over 40 Percent to 100 Million in 2014
The GSMA’s Mobile Money for the Unbanked (MMU) programme today released its fourth annual ‘Mobile Financial Services State of the Industry Report’, providing a quantitative assessment of the state of mobile financial services, including mobile money, mobile insurance, mobile savings and mobile credit.
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- Education
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Europeans Selling Mobile Payments Should Ask Africa for Help
As telecommunications carriers in Europe seek a share of the billions of dollars likely to flow to companies that build mobile-payment systems, Claudio Chiche has a few words of advice: Ask Africa for help.
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- Uncategorized
- Region
- Sub-Saharan Africa
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MasterCard moves on remittances in Nigeria and Zimbabwe
MasterCard announced partnerships to make international remittance services available to millions of consumers in both Nigeria and Zimbabwe.
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- Investing
- Region
- Sub-Saharan Africa
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Orange and Ecobank form African m-banking partnership
Orange has struck a deal with Ecobank that will enable customers in several African countries to transfer money between accounts with the telco and financial services group through their mobile phones.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Here’s where Africa’s payments revolution should be happening today
In emerging markets, mobile money services have the power to simplify lives, offering people the convenience of paying from anywhere and at any time, but also to transform them, playing a social noble role by addressing the unbanked or underserved population in Africa, offering them payment services they did not have access to before.
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- Uncategorized
- Region
- Sub-Saharan Africa
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The Technology Trade-off: Mobile tech boosts financial access but limits engagement. Can it also help build banking relationships?
Financial access is at an all-time high, and it’s growing fast. Yet account dormancy rates for the newly banked range from 60-90 percent. And though mobile technology has made more services scalable, it has also limited banks’ ability to build deeper relationships with their customers. But Juntos Finanzas believes mobile tech may also hold a solution to this problem.
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- Technology, Telecommunications
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Vodafone says policy shortcomings, lack of awareness derailing mobile money growth in India
Vodafone India has said that regulatory hurdles and lack of financial inclusion awareness is limiting the growth of mobile money, at a time when the government is pushing for greater financial inclusion.
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- Uncategorized
- Region
- South Asia