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Report: India’s United Payments System to Make Mobile Wallets Redundant
The ongoing push by the Reserve Bank to revolutionise banking through the Unified Payments Interface (UPI) will leave mobile wallets redundant, as mobile banking has jumped over threefold in February from the year-ago period, according to a report.
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- Technology
- Region
- South Asia
- Tags
- fintech
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Report: Internet Investors Worried About South African Regulation
South African investors believe regulatory policy is inhibiting investment in Internet companies.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
- Tags
- regulations
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Vodacom pulls plug on mobile money service M-Pesa in South Africa
May 9 Vodacom will discontinue its mobile money service M-Pesa in South Africa after it failed to attract enough support in its slow-growing home market, the telecommunications firm said on Monday.
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- Technology
- Region
- Sub-Saharan Africa
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Drones From Bay Area Startup to Deliver Vaccines in Africa
A Bay Area robotics startup plans to use drones to deliver vaccines and blood for transfusions to hard-to-reach areas of Rwanda — with some help from UPS.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
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As Zimbabwe Announces Bond Notes, How Can Tech Help
If you witnessed the sorry state of the Zimbabwean economy in the 100 trillion dollar note days, it’s hard to not be skeptical when the same government introduces a new note. That the note comes with the word “Bond” becomes just a technicality because the trust factor, which is very important in financial matters, is significantly eroded. So when the government this week announced the return of Zimbabwe’s own notes, the panic driven conversations this triggered are quite understandable.
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- Technology
- Region
- Sub-Saharan Africa
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NexThought Monday: Our inaugural podcast – a conversation with the MasterCard Foundation’s Ann Miles
In April, the MasterCard Foundation Fund for Rural Prosperity awarded over $10 million to five innovative companies working to increase financial access in rural Africa. In NextBillion's inaugural podcast, we spoke to Ann Miles, Director of Financial Inclusion & Youth Livelihoods at the MasterCard Foundation, about the competition's winners and the broader digital financial inclusion space in Africa.
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- Agriculture, Technology
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Report: Fintech Investments in Asia Pacific Reached US $4.3 Billion in 2015
The fintech sector in Asia Pacific is booming, according to Accenture's 'Fintech and the evolving landscape' report.
- Categories
- Investing, Technology
- Region
- Asia Pacific
- Tags
- fintech
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Kenya: Banks’ Mobile Cash Plan Fails to Take Off Yet Again
Two missed deadlines and uncertainty on when local banks will roll out their interbank switch allowing direct money transfer through mobile phones across the industry now dampen the prospects of the entire plan.
- Categories
- Technology
- Region
- Sub-Saharan Africa