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Europeans Selling Mobile Payments Should Ask Africa for Help
As telecommunications carriers in Europe seek a share of the billions of dollars likely to flow to companies that build mobile-payment systems, Claudio Chiche has a few words of advice: Ask Africa for help.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Hong Kong social enterprises should aim to turn over HK$10b a year
The government has been urged to set financial targets for social enterprises as it prepares to pour more money into businesses dedicated to improving people's lives and the environment.
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- Uncategorized
- Region
- South Asia
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PRESS RELEASE: Deutsche Bank Marks Milestone for USD $83 Million Microfinance Fund
The Fund reached 5.5 million low-income and rural borrowers in 15 countries
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- Uncategorized
- Tags
- lending, microfinance
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Bitcoin Takes a Step Into the Microfinance World
Stellar, the cryptocurrency-based payments system launched last year by Jed McCaleb, announced a partnership with banking-software company Oradian to use Stellar platform in its core banking software for microfinance institutions.
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- Uncategorized
- Tags
- microfinance
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The Mobile Banking Revolution and What It Means for South Africa
New mobile payment platforms can provide a foundation for financial inclusion in South Africa and beyond, says David Abbott of Fiserv, a leading global provider of financial services technology solutions. But who will build the robust ecosystem required to fulfill their potential?
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- Uncategorized
- Region
- Sub-Saharan Africa
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This New Messaging App Has a Built-in Wallet That Lets You Send Money to Your Friends
Did you ever text a coffee to your buddy? Now you can with this new app. Created in the Philippines, Cheers is the first social messaging app that’s built around a mobile wallet.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- digital payments
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Yunus Sees Room for Microcredit in China
Microcredit has been met with immense enthusiasm in China in recent years, with both banks and business moguls pushing into the sector. Global Times (GT) reporters Gu Di and Liu Zhun talked to Muhammad Yunus (Yunus), a Bangladeshi social entrepreneur, economist, and microcredit icon. For founding Grameen Bank, a bank that makes small loans to the impoverished, he was awarded with the Nobel Peace Prize in 2006. Yunus shared his understanding with GT of why microcredit is flourishing in China and how China's "One Belt and One Road" project could influence the field.
- Categories
- Uncategorized
- Region
- South Asia
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MasterCard, Grooming Centre Boost Financial Inclusion for MSMEs in Nigeria
Over 500,000 female entrepreneurs in Nigeria are to be introduced to electronic payments under a new partnership agreed between MasterCard and local microfinance institution Grooming Centre.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
