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Major Telecoms Attain Financial Interoperability
Vodacom, the leading telecom in Tanzania is finally joining three others - Airtel, Tigo and Zantel - for subscribers to transfer money across multiple networks enabling the country achieve full interoperability.
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- Technology
- Region
- Sub-Saharan Africa
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Weekly Roundup: The World’s Cheapest Smartphone – Game Changer or Marketing Stunt?
This week we noticed the eye-grabbing headline: A $7 smartphone is launching in India tomorrow. But soon, the scrutiny began. But by far the biggest question about the phone involves its main selling point: its price. Experts estimate that its components alone would cost over eight times its selling price - not counting production, distribution and marketing expenses. Is the Freedom 251 a marketing stunt or legit game changer?
- Categories
- Technology
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Bangladesh Moving Toward Major Financial Inclusion Push
In a massive step, the government is going to expand digitalisation of financial transaction across the country and take it beyond the banking system.
- Categories
- Technology
- Region
- South Asia
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Peruvian Banks and Telcos Launch National Mobile Money Network
Five years in the making, Peru has launched a national mobile money network, with the aim of drawing five million of the country's unbanked into the formal banking system.
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- Technology
- Region
- Latin America
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Are Mobile Wallets Here to Stay? Or Is Cash Still King for the Indian Consumer?
A burgeoning middle class, rising levels of disposable income, better internet services than ever before, skyrocketing growth of smartphone usage, investor money flowing into the mobile payments industry– the time has never been better for India’s mobile wallet startups, for sure. But is the Indian consumer reluctant to give up cash? If so, why?
- Categories
- Technology
- Region
- South Asia
- Tags
- digital payments, fintech
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Involver – Social Volunteering: An App That Brings Together Humanitarians, the Gamification Way
A barrier that those looking to give back to the community most often face is not knowing how and where to start. Even for corporations, while corporate social responsibility (CSR) is gaining ground, it is still an uphill task to bring together a largely distributed workforce and quantify impact of contributions in terms of CSR.
- Categories
- Technology
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New Company From GiveDirectly Founders Aims to Streamline Payment Systems
The Global Innovation Fund announced its first round of investments on Tuesday, the first of which went to Segovia, a software technology platform to streamline payment systems.
- Categories
- Technology
- Tags
- digital payments, fintech
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JPMorgan-Backed FinLab Opens Applications for Startups
JPMorgan Chase has announced a $3 million year-two challenge for technologically innovative startups, in conjunction with the Financial Solutions Lab (FinLab) at the Center for Financial Services Innovation (CFSI).
- Categories
- Technology
- Tags
- fintech