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Wonga goes bust

It’s now official. UK payday lender enters administration.

Ericsson to connect banks, telcos and the unbanked

Using Sibos as a springboard into the wider financial services community, mobile technology giant Ericsson is hoping to persuade more banks to join Peru’s La Asociación de Bancos del Perú (Asbanc). The Association connects unbanked consumers, telcos and banks together to offer a full range of services across the globe.