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Indians will soon be able to make transfers between digital wallets, thanks to the government
Digital wallets such as Paytm and MobiKwik are set to become inter-operable as Reserve Bank of India (RBI) prepares to open up the Unified Payment Interface platform for them as part of the government’s digitisation campaign.
- Categories
- Technology
- Region
- South Asia
- Tags
- digital payments, fintech
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CAMTech-X: Jugaadathon convenes India’s brightest minds to improve healthcare for country’s urban poor
Hundreds of global health innovators gathered in five cities across the country this past weekend for India’s largest multi-city healthcare hack-a-thon, hosted by The Consortium for Affordable Medical Technologies (CAMTech) at Massachusetts General Hospital (MGH) Global Health.
- Categories
- Health Care, Technology
- Region
- South Asia
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M-Pesa boss shrugs off Safaricom split concerns, sees opportunities
"To be honest, I do not lie awake thinking about the challenges rather the opportunities we still have to deliver on,” Safaricom's director for financial services and head of M-Pesa Ronald Webb told the Star in an interview. This was in response to proposed legislation to split the operations of telecommunications firm from mobile money transfer services.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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High tech taxi-cab hailing in Africa – a tale of two countries
Entry of the mobile technology ride-sharing service, Uber, into passenger transport markets across the world has brought disruptive competition with substantial benefits to consumers. Africa is no exception.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Safaricom and mSurvey launch Consumer Wallet to map Africa’s cash economy
Kenya’s leading mobile provider, Safaricom, is teaming up with data collection startup mSurvey to launch Consumer Wallet ― an online platform using mobile and SMS to map Africa’s cash-based economy.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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FinTech’s Elephant Seal Problem
Like the elephant seal, most fintech companies are focused on growing as large as possible. That means they usually choose a free business model to facilitate growth. Kristen Berman and Wendy De La Rosa of the Common Cents Lab say there's a better way: Abandon the free model and focus on removing the true psychological barriers to financial management.
- Categories
- Technology
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Easypaisa to part ways with Telenor Pakistan
Telenor Pakistan launched Easypaisa in 2009 with the approval of the State Bank of Pakistan. ProPakistani reported that Easypaisa, which is Telenor Pakistan’s Mobile Financial Services Division, will be transferred to Tameer Microfinance Bank. Telenor Group wholly acquired Tameer Bank last year. At that time, it was announced that Telenor Pakistan will transfer the management of Easypaisa to Tameer.
- Categories
- Technology
- Region
- North Africa & Near East
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India releases draft rules for mobile wallet companies
The draft mobile wallet guidelines which have been released for public consultation by the ministry of electronics and IT cover an entire spectrum such as protecting consumer information, especially financial data.
- Categories
- Technology
- Region
- South Asia
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