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Singapore, India to boost fintech collaboration
The two Asian countries, which already have partnered on cross-border payment services, will create a joint working group to explore opportunities for further collaboration in fintech.
- Categories
- Finance
- Region
- Asia Pacific
- Tags
- fintech
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Women Fail to Gain Much Ground on Financial Inclusion
While there have been some advances in helping women gain access to financial services, globally, 65% of women have an account compared with 72% of men. The gender gap is similar in developing economies, with 67% of men and 59% of women having an account.
- Categories
- Finance
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How India’s Digital Payments Revolution Can Advance its Position as a ‘Soft-Power Superpower’
With cultural exports like Bollywood movies, delicious cuisine and yoga, India is already a soft-power powerhouse, argues Tidhar Wald. But with financial inclusion rising from 35 to 80 percent in just six years, and a biometric ID system that reaches 1 billion people, the country could become a soft-power superpower. Wald explores how India can both inspire and learn from other countries in creating an inclusive digital economy.
- Categories
- Finance
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MTN Ghana makes history with first mobile money-based IPO
The IPO is the largest ever undertaken by the country and if successful could set the stage for other companies to test the market.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Viewpoint: Blockchain: A Solution in Search of a Problem?
The question we have is not “Does blockchain work?” but "Does it work better than other technology solutions in the market?"
- Categories
- Finance, Technology
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Uganda’s parliament approves social media and mobile money taxes
The new taxes that take effect in the next financial year will see Ugandans pay a 1% tax on all mobile money transactions while they will also be charged 200 shillings ($0.027) for every day they access social networking sites like Facebook, Twitter and WhatsApp.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- fintech
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WhatsApp Hastens Payments Push for 200 Million Indians
“WhatsApp has a great starting point: a monopoly in chat,” said Vivek Belgavi, leader for financial technology at PwC India. “High engagement makes it a credible competition.”
- Categories
- Finance
- Region
- South Asia
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China’s Ant Financial raises $10 billion at $150 billion valuation
Ant’s first fundraising targeting global money values the firm at $150 billion, the people said, compared with about $60 billion after its previous fundraising in April 2016.
- Categories
- Finance
- Region
- Asia Pacific
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