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How Kenya’s M-Akiba App Can Teach Nigeria a Lot About Financial Inclusion
The Kenyan government recently announced that it would sell around $2.5 million worth of treasury bills through M-Akiba.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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The Global Findex Database Shows We Can’t Meet the SDGs Without Financial Inclusion
For nearly a decade, Leora Klapper has led the World Bank’s Global Findex database – a survey of how people in more than 150 countries access and use financial services. While academic studies continue to show how financial inclusion underpins and enables social progress, to create a financially inclusive world we need to continually measure the scope and depth of the problem, Klapper argues. That means asking: Who still needs accounts? Who has accounts, but doesn’t use them? And what more can we do to help?
- Categories
- Finance
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Ivanka Trump unveils White House global women initiative
The initiative will involve the State Department, the National Security Council and other agencies. It aims to coordinate current programs and develop new ones to assist women in areas such as job training, financial support, and legal or regulatory reforms.
- Categories
- Uncategorized
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Financial inclusion takes stage at massive blockchain hackathon
Financial inclusion and security will be one of the challenges at what is being billed as the world's largest blockchain and AI hackathon, taking place in the Netherlands this April.
- Categories
- Finance, Technology
- Region
- Europe & Eurasia
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FirstBank, Azuri partner to bring solar to millions and deepen financial inclusion in Nigeria
More than 60 million of Nigeria’s roughly 200 million people do not have bank accounts and as little as 6% of people have a mobile money account.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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The Promise of Psychometric-Based Credit Scoring in Financial Inclusion
Many lenders are using alternative data to improve their credit models and better serve the underbanked. But though this data is usually finance related, non-financial data can also be uniquely useful in reaching new customers, says Innovative Assessments CEO Saul Fine. He explores how psychometric testing can provide insights into the personal character traits that define reliable borrowers, and how this can help lenders maintain good loan performance – while serving customers whose traditional credit histories might otherwise exclude them.
- Categories
- Finance
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Globacom set for Nigeria mobile money launch
The service can be used on smartphones or basic handsets and, the company said, will require fewer details to register than traditional bank accounts.
- Categories
- Finance, Telecommunications
- Region
- Sub-Saharan Africa
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Press release: HerMoneyTalks: India’s First Financial Services Marketplace for Women
Including women in the financial mainstream and making them confident money managers are among the most important focus areas of HerMoneyTalks. "We want to put women's money where it belongs - in their own hands. Our vision is to create a unique ecosystem for women in collaboration with financial institutions, personal finance experts, and related service providers," says HerMoneyTalks.com Co-Founder Hemanth Gorur.
- Categories
- Finance
- Region
- South Asia
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