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Zimbabwe Is Squeezing Its Top Mobile Money Platform for Users’ Data as It Clamps Down on the Media
The government has been at odds with the EcoCash for several months as its currency crisis and economic woes have spiraled out of its control. Last month Zimbabwe’s central bank slammed EcoCash for running, what it called, a Ponzi scheme.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Press Release: Western Union Expands With TrueMoney in the Philippines
Five thousand TrueMoney locations across the Philippines to provide Western Union Money Transfer Services
- Categories
- Finance
- Region
- South Asia
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Avoiding the Downside of Instapay: Five Behavioral Science-Based Principles to Make Paycheck-on-Demand Benefit Low-Income Users
There are numerous apps and employers that allow employees to cash out their paychecks on demand, rather than waiting until their usual payday. But while this may seem like a dream come true for people who need quick cash to deal with financial distress, "instapay" also comes with tradeoffs. Analysts at Common Cents Lab discuss these downsides – and some behavioral science-based solutions.
- Categories
- Coronavirus, Finance, Technology
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Analysis: Will Coronavirus Pandemic Finally Push Emerging Economies Into Crisis?
As a result of the COVID-19 pandemic, emerging economies are suffering from an unprecedented slowdown in investment, trade and tourism. Economists fear that many countries will go off the rails.
- Categories
- Coronavirus, Finance
- Tags
- philanthropy
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Airtel Africa Connects With WorldRemit to Grow Its Money Transfer Business
Airtel Africa, a telecommunications and mobile money services company, is scaling up its operations with the help of WorldRemit, a digital money transfer service provider, to broaden its instant money transfer services across Africa.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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How Fintech Can Help South-East Asia’s MSMEs Recover From COVID-19
Fintech is emerging as a crucial means of support for MSMEs during the pandemic as well as an opportunity to stimulate their growth in ways that benefit wider society.
- Categories
- Coronavirus, Finance
- Region
- Asia Pacific
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Viewpoint: Nigeria’s Economy Can’t Reach Full Potential Without Financial Inclusion
Sparkle, a digital ecosystem that offers financial, business, and lifestyle support services to retailers and small businesses launched early June after securing a banking license from the Central Bank of Nigeria.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Vodacom Partners with China’s Alipay to Create ‘Super App’ in South Africa
Vodacom Group plans to create a ‘super app’ in partnership with digital payment provider Alipay, part of China’s Alibaba group, to allow consumers in South Africa to shop online, pay bills and send money to family from next year.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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