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Google entering mobile payments in India, will soon give Paytm, Airtel competition
AP Hota, CEO and managing director of the National Payments Corporation of India (NPCI), told reporters at conference in Bengaluru on Monday that Google has almost completed testing its UPI (Unified Payments Interface)-based payment service, which allows fast and easy transfer of money from one bank account to another through mobile.
- Categories
- Technology
- Region
- South Asia
- Tags
- digital payments
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Cyber-threats increase as India goes cashless: Study
As India shifts to a cashless economy, cyber-threats are at a new high with the number of such incidents occurring in banking systems increasing in the last five years.
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- Technology
- Region
- South Asia
- Tags
- digital payments, fintech
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Aadhaar in focus: B-school ISB to do research on world’s largest digital identity system
To promote an ecosystem of academic research on Aadhaar, ISB, which has campuses in Hyderabad and Mohali, will engage with researchers and academic institutions from India and abroad. It will study the impact of Aadhar on benefit transfers, financial inclusion, healthcare schemes, public distribution systems and public policy.
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- Technology
- Region
- South Asia
- Tags
- digital identity
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Why M-Akiba bond may present new headache to many banks in Kenya
The banks, which are already reeling from the effects of interest rates capping, now face huge competition on deposits from the bond, which gives 10 per cent interest a year, above the capped 7 per cent that banks are offering.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech
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Off-Grid Devices Draw Drinking Water from Dry Air
Robust systems are being developed that rely on readily available energy from the sun, are scalable and can work even in arid regions—where a third of the world’s population lives, often in poverty.
- Categories
- Environment, Technology
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Visa pushes further into Africa
Visa has partnered with Interswitch, Africa's integrated payments and transaction solutions company, to bolster adoption of mVisa, the card network’s mobile payment solution, according to Vanguard.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech
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Will tech solve Britain’s heartbreaking ‘poverty premium’?
Today business accelerator Wayra, backed by O2’s parent company Telefonica, is launching a business accelerator to tackle the poverty premium. Called Fair By Design, Wayra will offer around £70,000 in cash and services in seven small digital businesses aiming to improve access to affordable services.
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- Technology
- Region
- Europe & Eurasia
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African countries want to turn their poor, overcrowded urban centers into “smart cities”
Rwanda is on a campaign to transform its capital city of rolling hills and low-rise buildings into a so-called smart city where urban living has been optimized. Already, officials like to stress how much technology is part of daily life in Rwanda, from the president’s active Twitter presence to the fact that registering a marriage, death, or birth—things that would normally require multiple forms and trips to a government office—are increasingly done online.
- Categories
- Technology
- Region
- Sub-Saharan Africa