-
Mobile network operators team up in Sri Lanka to provide mobile money to 60% of population
Etisalat joined Dialog’s eZ Cash mobile money platform on Monday, enabling a combined subscriber base of 12.7 million —over 60% of the country’s population— to enjoy ‘seamless and convenient mobile money services’ that lets them deposit, send or receive money and pay utility bills, insurance premia and engage in other transactions.
- Categories
- Uncategorized
-
Central Bank of Nigeria gives room for microfinance bank mergers and acquisitions
There is an expectation of stronger microfinance banks (MFBs) in the country if the micro institutions that could not meet with their recapitalisation requirements, successfully engage and conclude with mergers and acquisition as they are directed by the Central Bank of Nigeria (CBN).
- Categories
- Uncategorized
-
Bitcoins are property, not currency, for tax purposes, says U.S. government
Wading into a murky tax question for the digital age, the U.S. Internal Revenue Service said on Tuesday that bitcoins and other virtual currencies are to be treated, for tax purposes, as property and not as currency.
- Categories
- Uncategorized
-
Why Insurers are Looking to Kenya’s Low-Income Earners for New Business
Low-income earners have traditionally been underserved when it comes to being provided with avenues to manage the risks they face every day.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
-
OPINION: India’s Mor Report on Financial Inclusion Doesn’t Focus Enough on Expanding Access to Credit
The Committee on Comprehensive Financial Services for Small Businesses and Low-Income Households (the Nachiket Mor Committee on financial inclusion) has delivered a detailed report in a very short time.
- Categories
- Uncategorized
- Region
- South Asia
-
Mining Local, Sourcing Local: Why companies that take proactive steps to utilize local suppliers will have the edge
From Canada’s far north to Sub-Saharan Africa, citizens who live around mining operations want to see benefits in the form of jobs, tax revenue, and economic development. The companies that increase the amount of local goods and services they purchase will both benefit economically and benefit the community.
- Categories
- Uncategorized
- Tags
- mining, supply chains
-
Mobile money platform backs ‘Yolanda’ recovery efforts in the Philippines
Mobile money is playing an increasing role in disaster recovery efforts as shown by the initial projects undertaken in the aftermath of Typhoon Yolanda. This development has caught the interest of relief agencies of the United Nations, as well as other international humanitarian agencies, who are studying the experience of the Philippines in disaster response.
- Categories
- Uncategorized
-
Teasy combines NFC and biometrics for payments in Nigeria
Nigerian mobile payments provider Teasy Mobile is to equip its mobile money agents with POS terminals that use biometric technology to verify a consumer and NFC to allow them to make a payment.
- Categories
- Uncategorized
Subscribe to Our Weekly Newsletter, "NextBillion Notes"
Published each Wednesday, our e-newsletter features NextBillion's latest original articles, along with a selection of news, jobs, bizdev opportunities and events from our recent coverage — and regular conference ticket giveaways.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.