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Can Mobile Money Really Transform the Lives of the Poor?: BRAC will discuss its potential at the 2nd Frugal Innovation Forum on March 28-30
By the end of 2014, there will be more mobile phones than people in the world. This opens up a significant opportunity for new strategies to help people move out of poverty. But how big can the impact be, and what obstacles stand in the way? These and other topics will be under discussion at BRAC’s 2nd Frugal Innovation Forum on March 28-30, 2014.
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Zimbabwe’s Mobile Money Agents Form Association
Agents handling mobile money transactions for Econet, Telecel Zimbabwe and NetOne in Zimbabwe have formed an association to advance their interests and lobby for inclusion in policy making.
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- Sub-Saharan Africa
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Kenyan Banks Scrambling to Leverage M-Pesa
Kenyan banks are reported to be scrambling to leverage Safaricom’s mobile banking platform, M-PESA, to attract more customers.
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- Sub-Saharan Africa
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Safaricom Deal to Allow Diaspora to Send Money to M-Pesa Accounts
According to the Central Bank of Kenya (CBK), last year’s diaspora remittances reached US$1.3 billion (KSh112 billion), up from US$1.17 billion (KSh101 billion) in 2012.
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- Region
- Sub-Saharan Africa
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African mobile phone leaders take action to expand financial inclusion
The 2nd African Mobile Phone Financial Services Policy Initiative (AMPI) Leaders Roundtable meeting held 4-6 February 2014 in Naivasha, Kenya, was a historic event and tremendous step forward in moving the region toward collectively focusing on harnessing and further enabling the expansion of digital financial inclusion across Africa.
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Is there a war for mobile money agents going on in Zimbabwe?
Over the past several days, the discussion in the mobile money space locally has been around a threatening SMS that Econet was accused of sending to their EcoCash agents, essentially telling them that becoming Telecash agents would be a bad move.
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Will T-Mobile be able to sort out America’s personal finance woes?
Not content with conquering one industry, the Seattle-based mobile network company is moving into the realms of personal finance
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- mobile finance
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Micro lending startup ApexPeak to raise massive $200-million fund
ApexPeak is a micro lender that aims to loan money faster and easier than traditional banks would allow.
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- mobile finance