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MTN Mobile Money Customers Could Soon Earn Interest
Speaking at the company’s annual media forum to interact with editors and stakeholders, Mr. Asante said discussions were already underway with partner banks to set the modalities on how much interest to be paid and the criteria for qualification to earn an interest.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech
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The Future of Mobile Wallets in India
Digital payment service providers are competing fiercely, offering attractive offers and unrealistic discounts. Is this the making of another bubble?
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech
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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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