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Press Release: Mobile Money Market Worth $78.02 Billion by 2019
According to a new market research report "Mobile Money Market by Transaction Mode, Nature of Payment, Location, Type of Purchase, & by Industry (BFSI, Telecom & IT, Media & Entertainment, Healthcare, Retail, Travel & Hospitality, Transportation & Logistics, Others) - Global Forecast to 2019", published by MarketsandMarkets, Mobile Money Market is expected to grow from$12.34 Billion in 2014 to $78.02 Billion by 2019, at a Compound Annual Growth Rate (CAGR) of 44.6% during the forecast period from 2014 to 2019.
- Categories
- Education, Technology
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How Lee Kuan Yew Transformed Singapore From Small Town Into Global Financial Hub
Lee Kuan Yew, the founding father of one of Asia’s smallest but most developed economies, has died. Lee led Singapore after its separation from Malaysia to emerge as one of the world’s most powerful financial centres.
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- Technology
- Region
- Asia Pacific
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Ideas Wanted – Mobile Money for Millions: BRAC’s Innovation Fund for Mobile Money 2015 Challenge opens
Mobile money has huge potential for changing the lives of the poor, as everyone from Bill Gates to World Bank president Jim Yong Kim have proclaimed. BRAC is looking for bold mobile money ideas that can be tested and then taken to scale. Its Innovation Fund for Mobile Money 2015 Challenge is accepting submissions, with a deadline of April 16. Winning ideas will be piloted in Bangladesh.
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- Technology
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Viewpoint: Can a Starbucks Model Educate the World’s Poor? Top Tech Funders Think So
Bridge International Academies is intent on disrupting education in Africa and other poor parts of the world. And with big backers like Bill Gates, Mark Zuckerberg, and Pierre Omidyar, the company has lots of momentum right now.
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- Education, Technology
- Region
- Sub-Saharan Africa
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Alibaba Partners with British Lenders as it Expands Financial Platform Reach
Alibaba, the Chinese internet conglomerate, has formed another strategic alliance to provide loans to businesses. Earlier this month Alibaba inked an agreement with Lending Club to facilitate loans to US businesses seeking to purchase goods from China manufacturers. Now Alibaba has created a similar arrangement with ezbob and iwoca in the United Kingdom. This is the first deal by Alibaba, using e-credit line, to help provide credit to SMEs in Europe.
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- Technology
- Region
- South Asia
- Tags
- lending
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Press Release: MetLife Foundation Sponsors ‘The Financial Inclusion Challenge’ in Asia
Today, MetLife Foundation announced its exclusive sponsorship and launch of The Financial Inclusion Challenge. The Challenge, developed in partnership with MetLife Foundation and managed by The Wall Street Journal, is a two-year global project launching in Asia with the aim of encouraging non-profit and for-profit enterprises to submit proposals that provide innovative, sustainable solutions for individuals and families struggling to be part of the financial mainstream.
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- Education, Technology
- Region
- South Asia
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3 Reasons India May Be The Next Digital Finance Hotspot: Mondato explores the potential of a rapidly shifting market
Finding the right incentives for merchants to accept digital and mobile payments is a task that many have attempted and few have achieved. But according to Mondato, after flying under the mobile finance radar for a long time, India could be the country that does it. Chris Connolly highlights three ingredients that could make India the next digital finance hotspot.
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- Technology
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Texting Toward a Better Business: What happened when women in three countries were offered bite-sized bits of business know-how via mobile phones
The Business Women mobile service, developed by the Cherie Blair Foundation for Women, the ExxonMobil Foundation and Nokia, offered women bite-sized bits of business know-how via their mobile phones. Every week, thousands of women in Nigeria, Indonesia, and Tanzania received five or six business tips as part of a year-long curriculum.
- Categories
- Education, Technology
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