Rwandans favor Mobile Money to Make Digital Payments

According to Monique Nsanzabaganwa, Deputy Governor of Rwanda’s Central Bank, 95% of the online payments in the country are made via Mobile Money services. This is a sign that Rwanda is making relatively smooth progress on its journey towards a cashless economy, journey which started in 2008. 

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India intent on leading the global digital fight for financial inclusion

Over the past few years, India has been going from innovation to innovation to promote financial inclusion through technology. During a seminar on financial inclusion organized by the United Nations, Shri Ravi Shankar Prasad, Union Minister for Electronics & Information Technology and Law & Justice, made clear India’s intention to become a leader in transformative digital technology.

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The IMF calls for the intensification of the fight against Money Laundering and Terrorist Financing

The International Monetary Fund (IMF) has been supporting many governments’ efforts to intensify the fight against money laundering and the financing of terrorism, in close cooperation with its members and with the Financial Action Task Force. Part of the IMF’s work when it comes to these illegal practices consists of implementing the measures known as AML/CFT, which aim to allow for the identification of suspicious financial flows.

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Ghana’s innovation in financial inclusion gets the World Bank’s stamp of approval

Ghana’s efforts to promote financial inclusion through technology have been acknowledged and lauded by the World Bank. The country has introduced a number of digital financial platforms, such as mobile money, to provide more people with access to formal banking services. 

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Structuring Big Data for optimal government efficiency with GVG’s solutions

Global Voice Group (GVG) has developed three solutions  ̶  IMS, ARMS and DMS ̶  that allow the relevant regulatory authorities to structure, and thus harness the power of, the Big Data yielded by the telecommunications sector, for planning, development, control and security purposes.

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Using technology to provide government revenue for development

Global Voice Group’s Interconnection Management System (IMS) leverages ICTs and real-time data technologies to allow telecoms regulators to monitor any country’s national and international interconnection traffic efficiently.

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Stimulating development through technology

During the Transform Africa Summit 2017, which was held under the theme “Smart Cities Fast Forward” in Rwanda on 10 May, Laurent Lamothe, former Prime Minister of Haiti and chairman of the Board of Directors of Global Voice Group (GVG), spoke about the benefits of combining Blockchain and the Internet of Things when it comes to stimulating development in African countries.

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Governance through Big Data: a hot topic at Transform Africa Summit

As a proud partner of the 2017 Transform Africa Summit, Global Voice Group (GVG) hosted a successful and well-attended conference on Governance through Big Data during said Summit, in collaboration with the Rwanda Utilities Regulatory Authority (RURA). Governance through Big Data is particularly relevant to the governments of emerging countries that seek to accelerate their digital development.

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Need for Innovation in Africa as Mobile Subscriptions Soon to Hit 1Billion

New technologies and low-cost Smartphones are allowing an increasing number of Africans, from business leaders to schoolchildren, to access the latest mobile services, as well as the opportunities they create. This, coupled with the continent’s own innovative products ̶ such as the extremely successful mobile money platform Mpesa ̶ is currently pushing the number of mobile subscriptions to 1 billion.

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Technology is improving banking in Africa

According to the World Bank, an estimated two billion working age adults worldwide do not have access to formal banking facilities. The lack of access to banking products affects almost every nation: Even though the UK boasts a financial inclusion in excess of 97 per cent.

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