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Kenya leads African peers in financial access
Kenya has taken a great leap forward to enjoy better financial access compared to her peers in the continent. The country claims the second highest level of financial inclusion only after South Africa.
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M-Pesa to start pilot on cash out services, looking at pan-India network
M-Pesa, the mobile wallet service of telecom major Vodafone, plans to launch out-cash services. A pilot programme will be launched soon, under which customers will be able to withdraw money from M-Pesa outlets.
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- Tags
- mobile finance
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PRESS RELEASE: Accion Supports Sale of Mibanco to Financiera Edyficar
Accion, a leader in microfinance and financial inclusion, today announced its support for the sale of Mibanco to Financiera Edyficar, which is owned by Grupo Credicorp, following the regulatory approval of the sale obtained this week.
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Boosting Financial Inclusion in Nigeria with Mobile Money, Electronic Cards
Nigeria is bent on achieving financial inclusion through the ongoing cashless initiative, but the exercise is rather too slow, hence the need to increase awareness campaign on the use of mobile money and electronic cards as alternative channels, writes Emma Okonji.
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In-store mobile transactions boom for South Africa
South African consumers are driving a mobile transacting revolution enabled by a slew of innovative home-grown technology companies. So says Bevan Ducasse, CEO of wiGroup, following the release of the company's white paper on in-store mobile transacting.
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China’s central bank halts Tencent, Alibaba mobile payment process
China's central bank demanded on Friday that payments made by scanning a bar code with mobile devices be halted, hitting the payment arms of Internet companies Tencent Holdings Ltd and Alibaba Group Holding.
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Women entrepreneurs struggle for funding in India
A majority of women entrepreneurs in India cannot access institutional finance for many reasons, including the fact that fewer of them have title rights on property that can be used as collateral.
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- South Asia
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American Express Spotlights the Issue of Financial Exclusion in Davis Guggenheim Doc “Spent”
Part of a larger Amex initiative to address financial inclusion, Spent: Looking for Change reveals the dismal state of basic banking service access for many Americans.
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