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Gallup Pakistan’s FinDev Cyberletter – A monthly newsletter on Financial Inclusion: Twelfth Edition

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In this Issue:

HBL makes history by digitally disbursing loans of PKR 1 billion
HBL, one of Pakistan’s largest banks, has made history by disbursing personal loans of over PKR 1 billion through its mobile app. This has been achieved within five months of launching this digital service.
Digital bank Revolut’s money laundering lapse exposed
One of Britain’s most promising technology startups has been accused of violating basic banking rules by failing to block thousands of potentially suspicious transactions on its platform.
Getting Ahead and Getting By: Exploring outcomes of youth livelihoods programs
Getting Ahead and Getting By: Exploring Outcomes of Youth Livelihoods Programs examines factors that influence young people’s earning opportunities and well-being.
Financial inclusion strategy to create 3 m jobs in five years
The government is fully committed to improving the livelihood of Pakistanis through job creation, promoting entrepreneurship and enhancing access to formal financial services in an efficient and affordable manner, emphasized Finance Minister Asad Umar.
Govt. introduces regulations for cryptocurrencies
Pakistan has deployed for the first time the block chain technology in the banking sector to attract worker remittances from Malaysia, which is a step in the direction defined by the Financial Action Task Force (FATF) to combat terror financing and money laundering.

 

 

Previous issues available at this link: http://gallup.com.pk/polls/gilani-research-foundation-polls/findev-cyberletter/

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