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Citi starts Latin American mobile startup challenge
Citi is hosting a major new mobile innovation competition in Latin America. Called the Mobile Challenge LatAm 2014, the competition aims to bring together individuals and companies with innovative ideas to create applications for Citi’s Latin America mobile banking platform.
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Promoting Access to Finance in Nigeria
The introduction of the tiered Know-Your-Customer regime for potential bank customers will drive the country’s quest for improved access to finance, writes Obinna ChimaIn most developing countries, large population of low income earners has little access to financial services.
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- Sub-Saharan Africa
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6 Reasons Online Remittances Are Primed to Explode: International money transfers are moving online – and that’s good news for the BoP
Global remittances to developing countries are estimated to exceed $436 billion in 2014, and research suggests that they help lower poverty significantly. Unfortunately, high fees have claimed a substantial part of this money. But multiple factors are driving the industry online, says Logan Lemberger - and that could be a boon for the global poor.
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CWC Launches Panama’s First Mobile Money Service
Cable & Wireless Panama (CWP) has launched MovilCash, Panama’s first mobile money service.
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Indian Mobile Payment Market Poised for Massive Growth
As an increasing number of Indian consumers obtain smartphones, experts are predicting more payments and money transfers will be made via mobile.
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Africa Progress Report Asks Governments To Promote Mobile Banking
A new report has urged African governments to emulate Kenya in supporting the development of mobile banking and electronic commerce to increase financial inclusion.
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- Region
- Sub-Saharan Africa
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FEATURED EVENT : TBLI Conference USA – May 29-30
TBLI CONFERENCE USA 2014, invites asset owners, asset managers as well as socially responsible investing specialists and service providers to participate in a rich program on current trends, opportunities and challenges in the impact investing space, is set for May 29-30.
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- impact investing
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Tanzania: Mobile Money Services Register Boom
It is estimated that 2.5 billion people around the world are unbanked. They lack financial services needed to invest in their livelihoods, protect their assets, and avoid falling deeper into poverty.
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