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Mobile, Agency Banking Driving Bulk of Transactions and Loans for Kenyan Banks
Kenyan banks are reaping big from innovative mobile products and strategic partnerships that are fueling acquisition of new customers and revenue streams even as technology renders some jobs redundant.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech
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Viewpoint: Health-Tech Startups Can Make India a True Innovation Hub
Whenever we talk about disruption in any industry, the existing gaps or snags within the space are the driving force behind it, especially when the gaps have reached a point of deficit. It is only at this stage of extreme deprivation that we see truly innovative solutions emerge. And there are plenty of examples to corroborate this fact. Be it the telecom revolution in India that took place in the late 90’s, led by the then newly formed private telecom sector in the country, or the more recent and still growing “Uber” led disruption for the public transport system in India or even the world. Most industries that have seen transformation at any point have benefited from the lacuna that existed before that particular industry was set on a path of resurrection.
- Categories
- Health Care, Technology
- Region
- South Asia
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Telenor’s newest plans: Dial I for insurance in India
Late last decade, Uninor (a JV between Telenor and Unitech) was among the brash new entrants to Indian telecom, giving larger players sleepless nights. At the vanguard of a price war, Uninor offered rates as low as 29 paise per minute and came up with schemes like unlimited talktime for students at a flat rate of Rs 37 for calls within the network.
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- Technology
- Region
- South Asia
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70% of Nigerians Have Not Heard of Mobile Money
Although the advent of mobile money in Nigeria is more than two years and over 21 operators in the sector have been licensed by the Central Bank of Nigeria, more than 70 per cent of Nigerians say they have not heard of mobile money.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech
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Big Data isn’t Enough: We Need an ‘All of the Above’ Strategy to Drive Innovation in Financial Inclusion
Researchers love talking about their data and methods as a “toolbox,” and with the rise of big data, they’ve got a fancy new tool. However, the reason for carrying a toolbox is that there are very few projects where just one tool, no matter how powerful, is sufficient to get the job done. It’s necessary to recognize the weaknesses of big data as well as its strengths, and to think about what other types of data are needed to complement it.
- Categories
- Technology
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Philips to Ship Healthcare Products From India
After establishing Pune as the global headquarters for its mobile surgery division, Dutch technology company Royal Philips is exporting the products it developed here to the Western markets.
- Categories
- Health Care, Technology
- Region
- South Asia
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Weekly Roundup: Uber, DriveU, Ola and the Greedy Sharing Economy in India
In a typically eventful week in social enterprise, the "social business" buzzword grew more obsolete, and we got a reminder of the many players eager to get their slice of the “sharing economy” - especially in India. Our editors discuss these developments in this roundup.
- Categories
- Investing, Social Enterprise, Technology, Transportation
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This Tiny Bot Glows to Diagnose Tuberculosis
Scientists have engineered nanoparticles to do all sorts of amazing things, from killing diseased cells in the body to creating a powerful water-resistant coating. Now a team led by researchers at Brock University in Canada has created a nanobot that can help diagnose disease more quickly and accurately than before. The scientists recently published a study outlining the technology in the journal ACS Nano.
- Categories
- Health Care, Technology
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