-
Is North Korea Moving Toward a Cashless Society?
According to a Seoul-based online newspaper Daily NK, some North Korean people are apparently using mobile phone credits as currency and a means of commercial transaction.
- Categories
- Finance
- Region
- Asia Pacific
-
Ugandans continue to boycott OTT tax, transact less mobile money
Regarding mobile money transactions, while the amount of money deposited in digital wallets has grown, people have reduced on the number of transactions they make.
- Categories
- Finance, Telecommunications
- Region
- Sub-Saharan Africa
-
Fintech leaders debate the future of crypto at Davos
While programs like bitcoin likely won’t be taken up by large governments or financial organizations, there are other applications for blockchain that could prove worthy.
- Categories
- Finance, Technology
- Tags
- blockchain, cryptocurrency, fintech
-
Fintech Leaders Debate the Future of Crypto at Davos
The World Economic Forum's discussion on the subject has perhaps been less enthusiastic than last year.
- Categories
- Finance, Technology
-
Financial inclusion is fast losing steam in India
If financial inclusion efforts are to be fully harnessed and taken forward, the regulator and banks will have to work in cohesion with local government agencies to educate masses on a large scale, highlighting rights and responsibilities.
- Categories
- Finance
- Region
- South Asia
-
A private equity bet in Latin America proves the strength of fintech investments there
Across Latin America, fintech startups have hit billion-dollar valuations and raised hundreds of millions as investors vie for a piece of the region’s growing e-commerce and financial services markets.
- Categories
- Finance, Technology
- Region
- Latin America
-
Kenya’s Safaricom’s overdraft service exceeds expectations
Started 11 years ago as a service to allow Kenyans without access to the banking network to transfer money via mobile phones, M-Pesa now offers loans and savings in conjunction with local banks, as well as merchant payments services.
- Categories
- Finance, Telecommunications
- Region
- Sub-Saharan Africa
-
How Does Digital Finance Impact Low-Income Clients? Insights From a New ‘Evidence Gap Map’
Digital finance can help people live happier, healthier and more prosperous lives – but those outcomes are not inevitable. And the more data we have about the effects of various digital finance products, the better those products will be, says Niamh Barry at Caribou Digital. That’s why the Partnership for Finance in a Digital Africa created the Digital Finance Evidence Gap Map, which now includes 55 studies covering 60 products. Barry highlights some key insights from the research, and how it can boost the sector’s social impact.
- Categories
- Finance, Impact Assessment