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Most Tanzanian Merchants Believe That Digital Retail Payments Will Benefit Their Business. Why Are They Still Using Cash?
A large gap between the use of digital retail payments in high-income countries and low and middle-income countries (LMICs) cannot be completely explained by differences in access to digital financial tools.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Press Release: Tigo Money, Millicom’s Fintech business, and Visa Collaborate to Boost Financial Inclusion Across Latin America
Through this partnership, Visa and Tigo Money seek to expand access to digital payment channels, democratize financial services, and transform the payment journey for millions of consumers.
- Categories
- Finance, Technology
- Region
- Latin America
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The Power of Trust in Digital Finance: How to Leverage Trusted Technology to Maximize Inclusion and Impact
Trust can be a significant barrier to engagement in digital financial services among low-income users. According to William Derban at Opportunity International, that means providers must often take measures to address this trust deficit when developing digital services that target these customers — particularly women. He discusses Opportunity International's new Trusted Tech Microfinance Initiative, and shares six ways the initiative is working to build clients’ trust in the technologies Opportunity and its microfinance partners are using.
- Categories
- Finance, Technology, Telecommunications
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FTX’s Collapse Has Sent Shivers Down the Spine of Africa’s Crypto Community
Many crypto traders in Africa who used FTX-linked platforms are left in shock, unable to withdraw their funds and with nowhere to file their grievances.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- cryptocurrency
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Financial Inclusion: African Development Bank Group To Channel $150 Million To SMEs In Africa
The African Development Bank Group has said it will channel $150 million in funding to Small and Medium Enterprises through Financial institutions across Africa.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- financial inclusion, MSMEs
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Analysis: Indonesia’s Grand EV Plans Hinge on a ‘Green’ Industrial Park That Likely Isn’t
Home to almost a quarter of the world’s nickel reserves, Indonesia has been actively wooing EV pioneers like Tesla to make the country a global EV production hub.
- Categories
- Energy, Environment, Technology
- Region
- South Asia
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Report: Electric Vehicles Are Less Reliable Because of Newer Technologies, Consumer Reports Finds
When compared with hybrid and gas-powered cars and trucks, electric vehicles powered entirely by batteries were the worst-performing segment.
- Categories
- Energy, Technology, Transportation
- Region
- Global
- Tags
- e-mobility, transportation
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Findings From Findex: Mobile Money Is Driving Financial Inclusion for Women, but More Work Needs to Be Done
Mobile money continues to be a driving force, transforming the financial inclusion landscape in low- and middle-income countries (LMICs).
- Categories
- Finance, Technology
- Region
- Global
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