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Only 15% of Pakistanis Use Digital Financial Services
Only 15% of Pakistanis use Digital Financial Services, and there has been no significant increase in the user base or registrations between 2013 and 2014, said a Financial Inclusion Insights (FII) survey report.
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- Uncategorized
- Region
- South Asia
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Zimbabwe Caps Bank Interest Rates At 18 Percent
Zimbabwe's central bank on Wednesday capped lending rates for finance institutions at 18% and moved in to reform the banking sector in a bid to improve economic activity and enhance stability.
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- Uncategorized
- Region
- Sub-Saharan Africa
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- governance
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Three Takeaways From a Massive Tech Grant to Fight Global Poverty
Why is Good Ventures worth watching closely? For a few reasons, all of which are exemplified in its grant to GiveDirectly, its biggest give to date.
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- Uncategorized
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China’s move to regulate Internet payments sparks concern
China is moving to limit the lightly regulated world of internet payments, an initiative that some critics warn could stifle development in one of the most innovative sectors of the economy.
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- Uncategorized
- Region
- Asia Pacific
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OPINION: 10 developments that could transform the future of Indian banking
With emerging needs in urbanisation, industrialisation, digitisation, education, financial inclusion, and global integration, the following 10 developments will shape the banking industry in India’s journey towards a $20 trillion economy.
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- Uncategorized
- Region
- South Asia
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Safaricom will not be forced to loosen its dominant hold on Kenya’s mobile-money market
For a minute there, it looked like Safaricom might have to break up its business.
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- Uncategorized
- Region
- Sub-Saharan Africa
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BNY Mellon and The Forbes Funds Name Winners of $1 Million Social Innovation Challenge
UpPrize has named Conversant Labs, Marinus Analytics and PHRQL as the winners of BNY Mellon's $1 million Social Innovation Challenge. The winning ideas will expand digital access for visually-impaired people, help government agencies fight human trafficking, and ensure poor families have access to healthier foods. UpPrize, a unique collaboration between BNY Mellon, the BNY Mellon Foundation of Southwestern Pennsylvania and The Forbes Funds, combines impact investing with a research-based social innovation challenge.
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- Uncategorized
- Tags
- impact investing
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Facebook Co-Founder Giving Millions Directly To The Poor, No Strings Attached
GiveDirectly's work is receiving a major boost from Facebook co-founder Dustin Moskovitz and his wife Cari Tuna, who on Monday announced a $25 million donation through their foundation Good Ventures.
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- Uncategorized
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