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Banks Challenge M-PESA in Kenya: What their emergence could mean for the world’s leading mobile money market
Since its launch in 2007, Safaricom’s M-PESA has dominated Kenya’s mobile money market. However, new data from the Helix Institute of Digital Finance shows that this now seems to be changing, as banks are taking a growing slice of the pie. Helix explores why this could be a positive development for customers – and for the overall market.
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- Uncategorized
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Can China’s Financial System Become More Inclusive?
Beijing is trying to make finance accessible to those traditionally denied it, with mixed results.
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- Uncategorized
- Region
- Asia Pacific
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PRESS RELEASE: Bangladesh Government joins the Better Than Cash Alliance
Aligned with the nation's Digital Bangladesh Vision 2021, the Government of the People's Republic of Bangladesh today announced it will accelerate its transition from cash to digital payments, marked by a new partnership with the Better Than Cash Alliance.
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- Uncategorized
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- South Asia
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Foundation Searches for Young Social Entrepreneurs
There are many success stories of social enterprises taking off, but most of these are in Manila. Proponents of a contest seeking to award social entrepreneurs hope to find the next success story in the provinces.
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- Uncategorized
- Region
- Asia Pacific
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Uganda: How Mobile Money Firms Survived Court
On May 29, telecommunications companies dealing in mobile money services got a lifeline after the Commercial court dismissed a case filed by Abdu Katuntu, the member of Parliament for Bugweri county, who had challenged the legality of the services.
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- Uncategorized
- Region
- Sub-Saharan Africa
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- mobile finance
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PRESS RELEASE: Finance Minister launches National Financial Inclusion Strategy for Pakistan
The Federal Finance Minister, Senator Mohammad Ishaq Dar, launched National Financial Inclusion Strategy (NFIS) for Pakistan at Islamabad.
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- South Asia
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Ugandan court says mobile money illegal, but no jurisdiction
A court has pronounced that mobile money business operated by the five major telecommunication companies is illegal - a judge dismissed the case, however, because it was instituted in the wrong court.
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- Uncategorized
- Region
- Sub-Saharan Africa
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The inside story of Alibaba’s strategic partnership with Indian mobile wallet company Paytm
It was personal chemistry as much as business rationale that led to Alibaba's financial arm investing $500 million in Paytm.
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- Uncategorized
- Region
- South Asia
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